Change Bank ICO - Should you invest?

Note: I invested in this ICO a while ago. Here's a brief write-up on the ICO for anyone on the fringe to invest in this ICO while it's available. I think it has a strong value proposition, a good team and fills an important gap in the market to bring cryptos into the mainstream similar to TenX and Monaco. As always, read the whitepaper, join the telegram channels and check out reviews on popular ICO sites before you invest in any ICO.

What is it and why it looks interesting?

Change is looking to bring cryptocurrency into the mainstream - it intends to be the world's first crypto bank, allowing fiat deposits and withdrawals as well as a debit card - it will feature a crypto wallet, a change debit card and a market place which users can use to invest in stocks, P2P loans, real estate, insurance,etc. It is supported by the e-Residency project that is backed by the Govt. of Estonia, which gives it a lot of credibility.
Founded in 2016 in Singapore, they received angel backing of over $200K in seed investment. Their beta release was in Q2 2017. It is scheduled to launch the marketplace in 2018 which will potentially be a strong growth driver for the company. As of today, they have raised ~50K ETH ($15 MN USD)
It has a team of 10 core members with strong entrepreneurial experience and engagement in FinTech space. Also a strong team of advisors including ex-CEO of DHL, Founder of Next Money and a Professor from NUS.
No charge to users to have an account, to transfer funds or to make payments. Users will be awarded for using the card and receive cashback in the form of change tokens. They will earn through third-party service providers who will share 20% of the revenue generated via the Change marketplace which will be distributed between marketplace investors and change token holders in a 1:5 ratio. I like this revenue sharing model which will allow for further capital growth.
Change marketplace will provide a platform for FinTech companies to expand their user base and reach a global platform through Change - this can be a big game changer for the company if rightfully implemented
They are rated 4.1 by ICOBench

Risks

Potential legal and regulatory hurdles are bound to affect growth
Marketplace will be a critical factor that will determine the growth

How to invest?

You can log into the token sale website and input your Ether wallet address (do not use exchange, recommend using MyEtherWallet) and send ETH to the contribution address. You will receive the tokens using the smart contract soon after. Feel free to use my referral link: https://change-bank.com/?aff_id=6b64656570616b6167617277616c40676d61696c2e636f6d

Price: 1 ETH = 500 CAG
Minimum Investment: 0.5 ETH
Hard cap of 200,000 ETH (~60 MN USD at current rates) - these cover 40% worth of change coins. 15% will be distributed to the community as rewards, bounties. 10% is allocated to early investors and future partnerships. 15% is reserved for the team and future team members motivation packages. Final 20% will be held by Change.