# Worked examples: how a great review looks

This document contains real review snippets, anonymized just enough to be reusable. Use them as a calibration set for tone, depth, and structure.

## Example 1: Q2 Description review

### What the client submitted

> *"Antevorta is a French gold tokenization platform built for retail investors. Our solution makes gold ownership simple and secure. Antevorte (sic) leverages blockchain for ownership transparency. Investors hold tokenized fractions of LBMA-certified Swiss vault gold. We target 10,000 investors in Year 1 across Europe."*

### Status

UNDERSELLING (rewrite required)

### Review (client-friendly French commentary)

*"Le Q2 actuel contient trois faiblesses qui ont coûté l'acceptation à plusieurs dossiers passés. D'abord, le mot Stellar n'apparaît pas. Trois dossiers récents (Tessera Labs $150K SCF #42, Stableyard $119.5K SCF #40, Move-to-Stellar $115K SCF #42) ont été rejetés en partie parce que le panel ne voyait pas pourquoi le projet avait choisi Stellar plutôt qu'une autre chaîne. Deuxième faiblesse, la typo "Antevorte" au lieu d'Antevorta crée un doute sur l'attention portée au dossier (la cohérence orthographique compte). Troisième faiblesse, la promesse "10,000 investors in Year 1" ressemble à un TAM générique sans canal de distribution nommé, un facteur récurrent de rejet (Stableyard, Resolva $120K SCF #42, Paenote $150K SCF #40). Le positionnement "bankruptcy-proof Swiss-grade gold" qui apparaît sur le site n'est pas dans le dossier, alors que c'est précisément la différenciation forte. La réécriture surface cette positioning, le partenaire vault, le cadre réglementaire Art L.411-2 CMF, et la primitive Soroban GoldCoin.rs avec engagement open-source MIT."*

### Rewrite / Action (paste-ready English)

> *"Antevorta is the first French gold tokenization platform issuing bankruptcy-proof NFT gold certificates on Stellar Soroban, custodied in Swiss-grade vaults (Loomis or MKS PAMP, to confirm).*
>
> *Product: each NFT GoldCoin maps 1:1 to a physical gold coin stored in our LBMA-certified vault partner, with the certificate transferable peer-to-peer or redeemable for physical delivery. Soroban GoldCoin.rs (MIT open-source) handles ownership transfer and atomic settlement against USDC.*
>
> *Why Stellar: gold coins trade in low-margin secondary markets where EVM gas (5 to 50 USD per transfer) breaks unit economics. Stellar's sub-cent fees and 5-second finality make peer-to-peer gold transfers viable at retail size for the first time.*
>
> *Traction: pre-launch under the placement privé Art L.411-2 CMF framework, with KYC-cleared distribution to French wealth advisors (CGPs) and family offices. Co-founders bring credentials including SKEMA Track Finance and Quants, Nordea Asset Management institutional client coverage, Bitget COO Apprentice, and Top 0.1 percent IMC Worldwide Quant Trading Competition.*
>
> *Day-1 distribution: French CGP network and HNW family offices via existing pipeline."*

(Character count: 1004 chars, refine to land at 990-998.)

---

## Example 2: Q10 Team review

### What the client submitted

> *"Vincent (CEO) has experience in finance and entrepreneurship. Jules (COO) handles gold market and HNW client management. William (CTO) handles technical architecture and smart contract development."*

### Status

BLOCKER (rewrite required, plus enrichment from LinkedIn)

### Review (client-friendly French commentary)

*"Le Q10 actuel pose deux problèmes majeurs. D'abord, l'absence des noms de famille et des URLs LinkedIn déclenche le facteur de rejet le plus fréquent de notre base de données: cinq dossiers récents ont été rejetés pour la même raison (Sorotrack $150K SCF #40 trois fois, AION_FI $146.5K SCF #40 PRF, Tessera Labs $150K SCF #42, REAPP $115K SCF #42, Pollar $72K SCF #42). Le panel a besoin de pouvoir vérifier qui ils financent. Deuxième problème, le Q10 actuel sous-vend massivement la team par rapport à ce que leurs LinkedIn révèlent. Vincent (SKEMA Track Finance and Quants 2024-2026, Nova Lisbon Master Impact Entrepreneurship, BNP Paribas Client Advisor, Nordea Asset Management institutional clients across Europe, Singapore, Latam on multi-asset SICAV funds, Bitget COO Apprentice Program), Jules (SKEMA Master Finance Strategy Entrepreneurship 2024-2027, Toronto Metropolitan University exchange Spring 2026 International Finance, Banque Populaire Corporate Account Manager intern, Red Bull Student Marketeer), William (KU Leuven Master Financial Economics, Top 0.1 percent IMC Worldwide Quant Trading Competition sur 30 000+ participants, Bitget Builder 1+ an, certifications DeFi Future of Finance + PE/VC + Bloomberg Market Concepts, Greenhill Capital Belgium Student Investment Club 385K EUR AUM). Le Top 0.1 percent IMC est particulièrement important parce qu'il crédibilise William comme CTO avec une compétence quant directement applicable au design de smart contracts Soroban. Le combo Bitget COO Apprentice + Builder signale des relations actives dans l'écosystème crypto (Bitget est top 5 CEX mondial). La réécriture intègre toutes ces credentials."*

### Rewrite / Action (paste-ready English)

> *"Vincent [LastName], CEO and Co-founder (Paris, France)*
> *LinkedIn: https://www.linkedin.com/in/[handle]/*
> *Education: SKEMA Business School PGE Track Finance and Quants 2024-2026, Nova SBE Lisbon Master Impact Entrepreneurship 2022-2023.*
> *Experience: Nordea Asset Management (financial models for institutional clients across Europe, Singapore, Latam on Equity, Fixed Income, Multi-Asset SICAV funds), BNP Paribas Client Advisor (wealth management initiatives), Bitget COO Apprentice Program (crypto ecosystem).*
> *Role at Antevorta: leads regulatory framework (Art L.411-2 CMF, placement prive) and CGP distribution channel.*
>
> *Jules [LastName], COO and Co-founder (Paris, France)*
> *LinkedIn: https://www.linkedin.com/in/[handle]/*
> *Education: SKEMA Business School Master PGE Finance, Strategy, Entrepreneurship 2024-2027, Toronto Metropolitan University exchange Spring 2026 International Finance.*
> *Experience: Banque Populaire Corporate Account Manager intern, Red Bull Student Marketeer.*
> *Role at Antevorta: gold market sourcing, HNW relationship management, vault partner relations.*
>
> *William Muller, CTO and Co-founder ([city], Belgium)*
> *LinkedIn: https://www.linkedin.com/in/[handle]/*
> *GitHub: https://github.com/[handle]*
> *Education: KU Leuven Master Financial Economics.*
> *Recognition: Top 0.1 percent at IMC Worldwide Quant Trading Competition (out of 30,000+ participants).*
> *Experience: Bitget Builder 1+ year, Greenhill Capital Belgium Student Investment Club (385K EUR AUM).*
> *Certifications: DeFi (Future of Finance), PE/VC, Bloomberg Market Concepts.*
> *Role at Antevorta: Soroban smart contract architecture (GoldCoin.rs), backend, vault custody integration.*
>
> *Company: Antevorta SAS (RCS Paris [registry number to confirm]).*
> *Website: https://antevorta-gold.com/ | X: @AntevortaGold."*

---

## Example 3: Q15 Budget review

### What the client submitted

> *"Budget: $150,000."*

### Status

WEAK (rewrite required, drop budget)

### Review (client-friendly English commentary)

> *"The maximum ask of $150K triggers heightened scrutiny in our experience. In past SCF rounds, five maximum-ask dossiers were rejected specifically because the scope or team did not justify the maximum (StellarRead $150K, Easner $150K, Tessera Labs $150K, AION_FI $146.5K, $NRG Token $150K). The Antevorta scope matches more closely to Bando ($75K SCF #42 winner, real estate RWA Mexico) and below The Signal ($121K SCF #42 winner, B2B marketplace with one Soroban contract). With three founders, one core Soroban contract (GoldCoin.rs), and a French regulatory framework not yet filed, we recommend $110,000 structured as three equivalent tranches of $36,667. This sits between Bando's narrow-pilot anchor and The Signal's broader-distribution anchor, signaling that you have calibrated the ask. Going to $144K (For Yield benchmark) would require an 11-person team plus AMF filing, neither of which currently applies."*

### Rewrite / Action

> *"Budget: $110,000. Three equivalent tranches of $36,667. Budget anchored on Bando ($75K SCF #42 winner, narrow-pilot RWA) and The Signal ($121K SCF #42 winner, B2B distribution), sized for Antevorta's three-founder team, single core Soroban contract, and pre-filed regulatory framework."*

---

## Example 4: Q8 Thumbnail review

### What the client submitted

> *"[Thumbnail field empty]"*

### Status

BLOCKER

### Review (client-friendly English commentary)

> *"Q8 is empty. This single missing field is enough to put the dossier in Information Collection status, which is how five past dossiers died without ever reaching panel review (The Strategists $150K SCF #42, Cushion $118.4K SCF #41, Payala $150K SCF #41, Neon Wallet $129K SCF #41, SendbyKatika $150K SCF #40). The fix takes 15 minutes: your website already has a deployed og-image.webp at https://antevorta-gold.com/og-image.webp which can be cropped to 1200x630 px. Upload that to Q8."*

### Rewrite / Action

> *"Upload thumbnail: 1200x630 px. Source: https://antevorta-gold.com/og-image.webp (already deployed on your website, crop to spec). Alternative: generate a new split-screen showing a tokenized gold coin on one side, the Soroban logo on the other, with title 'Antevorta: Gold on Stellar'."*

---

## Example 5: Banner verdict text

### What it looks like in the Excel banner row

> *"Antevorta Gold Abstract Review v2"*
> *"Estimated 35 to 45 percent probability of acceptance as currently drafted, lifting to 65 to 75 percent after the seven fixes below. Major lift comes from re-surfacing the LinkedIn credentials in Q10 (SKEMA Track Finance and Quants, Bitget COO Apprentice, Top 0.1 percent IMC Worldwide Quant Trading, KU Leuven Financial Economics), adding Stellar reasoning to Q2, naming the vault partner, and uploading Q8 thumbnail."*
> *"Recommended budget: $110,000 Integration Track, anchored on Bando ($75K SCF #42 winner) and The Signal ($121K SCF #42 winner)."*

---

## Example 6: Chat summary after delivery

After saving the Excel and calling `present_files`, the chat message looks like:

> *"Dossier livré, fichier v2 sauvegardé.*
>
> *Verdict: estimated 35 to 45 percent probability now, 65 to 75 percent after the seven priority fixes.*
>
> *Top 5 fixes (in priority order):*
> *1. Q10 Team: ENRICH with LinkedIn credentials (Top 0.1 percent IMC Quant, Bitget COO Apprentice, KU Leuven, Nordea Asset Management institutional clients). This alone lifts probability by roughly 15 to 20 points.*
> *2. Q8 Thumbnail: upload from existing og-image.webp on the website. Empty Q8 risks Information Collection status (five past dossiers died this way).*
> *3. Q2 Description: rewrite to surface 'bankruptcy-proof Swiss-grade gold on Stellar' positioning. Fix Antevorte typo to Antevorta.*
> *4. Q15 Budget: drop from $150K to $110K to align with Bando and The Signal precedents. Three past max-ask dossiers in regulated RWA were rejected.*
> *5. Q12 Discord usernames: replace slash separator with comma per SCF instruction.*
>
> *Recommended budget anchor: $110K Integration Track, three tranches of $36,667.*
>
> *[Open the file](computer://path/to/Antevorta_Abstract_Review_v2.xlsx)"*

---

## Calibration checklist

Use these examples to calibrate every review you produce:

1. Is each finding anchored on a named past dossier? (Examples 1-4 cite Sorotrack, Stableyard, AION_FI, etc.)
2. Is each rewrite paste-ready English? (Examples 1-3 show this.)
3. Does the budget cite a specific named anchor with a specific amount? (Example 3 cites Bando $75K and The Signal $121K.)
4. Is the language client-friendly with zero internal jargon? (No "kill signature" appears anywhere in the examples.)
5. Is each finding paired with a fix and an effort estimate (15 min, 1h, 1 day)?
6. Does the banner give an honest probability range with the specific lift?
7. Is the file free of em-dashes?

If yes to all seven, the review is ready.
