- Main reasons for dead coin listing Abandoned or No Volume.
- Started 2018, Ended 2019.
- Social media ended 2019.
- Trading ticker (CFI).
- 500,000,000 Tokens total.
- Not available to trade on any exchanges.
- Was built on Ethereum blockchain.
- Website is down.
- The Founder/SEO is Jan Isakovic.
Notes
Abandoned token, Website down and no social media.
Links
http://web.archive.org/web/20170606140539/http://cofound.it/
Cofound.it
A distributed VC ecosystem for the distributed future
Cofound.it is a distributed global platform that connects exceptional startups, experts and investors worldwide. It will first be built by the blockchain community for the blockchain community — and then for the whole world.
Our vision
Great ideas come from the most unexpected places. Until now, great ideas had an advantage when born in Silicon Valley. Apple, Facebook, Google and Amazon all benefited from being in the right place and reaching the right people. The distributed economy will change this for blockchain startups.
We have been working hard for months to find the best experts and exceptional entrepreneurs who just need a bit of extra help to reach their full potential. With your support, we will be able to showcase these hand-picked projects to visionary supporters like yourself.
But this is just the beginning for Cofound.it.
Today, Cofound.it is a self-sustained business consultancy, focusing on carefully-selected projects. But just as we know that great ideas can come from anywhere, we also know there are many experts all over the world that can help good ideas grow into exceptional businesses. That is why our ultimate goal is to build a platform where hundreds of thousands of the best startups go to expand their potential and find investment. A platform where millions of experts with proven track records offer their expertise. And a platform where tens of millions of investors go to find the best projects to support without worrying about their legitimacy.
In doing so, Cofound.it will become one of the platforms that will harness the disruptive power of the blockchain and translate the logic of interactions into successfully distributed business models that shape the future.
A distributed VC ecosystem for the distributed future.
This is our vision. We have started building it by forming a network of exceptional advisors like William Mougayar, Evan Van Ness, Vincent Eli and David Prais and exceptional partners like Deloitte and Wachsman PR. We’re constantly adding great experts to our network and have selected the first amazing projects to debut on Cofound.it in the coming weeks.
Cofound.it is using the concepts, support, feedback and funding of the blockchain’s early adopters. Cofound.it will first be built by the blockchain community for the blockchain community — and then for the whole world.
Token distribution
In traditional companies, equity is the key foundation of receiving investments, attracting great employees, and forming strategic partnerships. For tokenised companies, tokens take over those roles.
Cofound.it is an extremely ambitious project. The key challenges lie not in developing or deploying new technology, but in bringing together best practices from a variety of industries. To overcome them and build our platform we need the best people in the world. We are setting aside 20% of the tokens to reward current and future team members, advisers and experts. The team tokens (15%) will be reverse vested with a 6-month cliff and then linearly vested over 18 months, with the team wallet publicly auditable.
10% of Cofound.it tokens will be owned by ICONOMI, where the Cofound.it project was born and has evolved.
And we’re excited to announce that 20% of the tokens will be used to purchase the assets of Cashila. The crowdsale know-how and the software platform, the foundation for Cofound.it, was developed at Cashila for the ICONOMI crowdsale. But more importantly, in order to bring traditional investors into the token crowdsale world, Cofound.it must build the “bridge” they cross to get here. Cashila is that bridge: not only has it already developed all the services required to connect the crypto economy to the traditional economy, it has a recognisable brand name and a wide user base which will allow us to present Cofound.it projects to a much wider group of potential supporters.
Because Cofound.it tokens will be pre-mined and there will be no inflation, the initial token distribution must not only help launch Cofound.it but also serve as foundation for the future. That is why we are setting aside 25% of the initial token distribution as a reserve for future partnerships or acquisitions. This block of tokens will be set aside for a minimum of 24 months, never be sold directly on the market and be constantly auditable on a publicly shared address.
The final 25% of Cofound.it tokens will be sold via crowdsale, starting on June 7th at 11 AM EST / 17 PM CET. The success threshold will be set at $1M, core goal at $2.5M (soft cap) and core goal+all stretch goals achieved at $12.5M (hard cap). All amounts will be in ETH and calculated a day before the crowdsale starts.
We believe that this token distribution not only makes great sense for today, but gives Cofound.it a solid foundation for the future.