This team of nobodies with no product and no company received $51 million to "revolutionize the banking system". Their whitepaper is nearly nonsensical, basically throwing a hundred varieties of financial buzzwords against the wall, sprinkling it with random charts and quotes that mean absolutely nothing and hoping it sticks. Shit you not, here's just some of the objectives mentioned: on-chain market indexing, robo-advisory using AI!!, derivatives issuance, a "new" type of market exchange, in-house chatbot, internet-of-things, and biometric onboarding!

No experience delivering anything close to what they are describing. Sure, let's give them a half a hundred million worth of ETH to screw around for the next year or two! Set up offices in Tokyo, Toronto, London, Paris, Lausanne and Prague! Travel to blockchain conferences! Staggering capital misallocation and wealth destruction.

(http://www.autoadmit.com/thread.php?thread_id=4051482&forum_id=7#36613035)