I checked Iconomi "competitor" from this link - dlt10index. I am not a fin-expert, but it looks to me that if that is Iconomi main competitor right now - we are good ( we are good regardless, but as a matter of speech)
Weak points they have (in my view):
1. the cap of 10 coins.
2. 70% of the fund is based on 3 coins
2. Dogecoin (3.60%) - seriously? that is a nice one.
3. Co-founders - 4 of them. the first 3 come from the old, corrupted and BAD world that pushed us into crypto in the first place. Banks, investment banking, Goldman Sachs executive - they all have experience in "banking innovation". wtf is that? a new patch to that IBM thing you have at your core from the 70's? Or perhaps the ultra fast online services (2-10 business days for transaction)
The last one is the only one from crypto world - described, along other achievements, as "even solved two of the blocks on the bitcoin blockchain."
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
So the most blockchain expert dude they have has worked in the forex industry in the last 8 years..
Not a word about the rest of the team..