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Cofound.it ICO summary information

Conceptual Model

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 .

Project Description

The CFI token powers the interactions on the Cofound.it platform. Cofound.it operates like a consulting company. Cofound.it coaches projects, help defne the legal elements, prepare for the crowdsales, assist with the PR and launch them using Cofound.it initial platform. However, this phase has a defnite goal in mind: to defne and test the optimal crowdsale process, defne the parts that can be supported in code and defne the parts that must be accomplished by experts.Once the crowdsale process has been defned, the elements that can be supported in code, like project application, content defnition and base project valuation, will be implemented. For each element that has to be performed by the experts a roadmap to crowdsource will be developed. Once the full Cofound.it platform is up and running, experts will be able to offer their services right there on the platform, which will match them with the selected teams based on the needs of the teams and the experts’ track records. A distributed global platform that directly connects projects with supporters while enabling experts worldwide to provide necessary support to teams. Team:Jan Isakovic: CEO, Co-Founder. (LinkedIn);Daniel Zakrisson: Head of Evaluations and Mentoring. (LinkedIn);David Sabo: Head of Cofound.it Global. (LinkedIn);Erika Pogorelc: CTO. (LinkedIn);Matjaz Slak: Projects manager. (LinkedIn);Zenel Batagelj: Team Strategy. (LinkedIn);Cofound.it held a presale in which raised $14.8 million (56565  ETH) for 25% of the total token supply, and led to the actual ICO being cancelled. Cofound.it offered pre-sale access exclusively to some supporters via its Priority Pass mechanism. The token distribution is as follows:Token Reserve Split (75%):25% reserved for future use;20% current and future team, advisors, experts;10% ICONOMI;20% purchase of Cashila assets;The Cofound.it presale sold out, which means no additional ICO was hosted. The presale had no bonuses, discounts, or escrow and the CFI token is not be mineable.

Founders and Associates

Jan Isakovic -Co-founder, Platform and Operations

Daniel Zakrisson -Co-founder, Evaluations and Mentoring

Zenel Batagelj -Team strategy

Erika Pogorelc -CTO

Anze Voje -Communications

Riaan Francois Venter -Smart contract developer

George Hwang -Cofound.it Taiwan

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CFI Latest Updates
May 14, 2018

Should I stay or should I go?

How to find events worth going to and get the most out of themOver the last 3 months, the Cofound.it team has attended more than 50 events around the globe as speakers, sponsors, and attendees. We have made mistakes, and wasted time on promotional conferences or badly organised events, but most...

From: Nika M Kravanja

May 07, 2018

People development in a startup — the Cofound.it method

The world in which Cofound.it lives is challenging. The rules are always changing and we need to move fast. We would never be able to keep up were it not for the exceptional people I work with, who are able to adapt and learn with amazing speed. In such an environment, I strongly believe that...

From: Katarina Pirš

April 30, 2018

Cofound.it Quarterly Report, Q1 2018

Cofound.it Quarterly Report, Q1 2018: Building the next level of startup servicesAfter a 2017 full of crowdsales, the first quarter of 2018 represents Cofound.it’s shift towards our vision: developing services for a distributed future of startup funding and growth. Cofound.it costs in Q1 of...

From: Jan Isakovic

Introducing Cofound.it Actionable Research, the ultimate product-market fit tool

Startups are typically focused on raising funds or getting market traction. While in theory token crowdfunding makes the funding part of the equation easier for blockchain startups, in practice running a successful ICO takes a lot of effort and draws even the best-prepared teams away from what...

From: Jan Isakovic

April 26, 2018

Using pitch events to your startup’s advantage

A quick guide on what to expect from the best and why avoid the rest.For a startup founder, the one thing you can’t afford to do is to waste time. And going to a pitch event may sometimes feel like exactly that. An example we witnessed ourselves: two founders of an early-stage, unfunded...

From: Ambrož Homar

April 23, 2018

How do Startups establish a Product Roadmap?

Startups just need to get $h*! out there, right?That kind of works in the first few months and whilst you can still count the team size on the fingers of one hand. However, as the team grows it becomes increasingly difficult to maintain a shared vision and ensure you are all pulling in the same...

From: Liz Grayson

April 17, 2018

Cofound.it platform roadmap 2018: 5 core services for the startup ecosystem

From the beginning, Cofound.it had a vision of building the support infrastructure to help startups grow and get funding. Breaking apart such an ambitious vision into a more concrete roadmap is no easy task for any technology startup, and it’s even more complicated for blockchain startups....

From: Alja Isakovic

April 06, 2018

Getting started with Ethereum development

The Ethereum development ecosystem has really taken off lately. The tools for developing DApps have improved a great deal, and there are now plenty of learning resources to choose from. So, if you want to join in on the fun, there’s no better time than now!We’ll be publishing regular blog...

From: Miran Lipovača

April 05, 2018

6 great mailing providers for blockchain startups

The latest update of the MailChimp’s policy is shutting down all crypto accounts supporting crowdsales due to a risk of scams. Cofound.it is not only connecting quality blockchain startups with early adopters but also providing them with great email marketing software providers. Here are some...

From: Nika Bergant

March 29, 2018

The decentralised ecosystem requires a decentralised contribution

Blockchain. Decentralisation. Transparency. We at Cofound.it strongly believe in the implementation of these ideas into our lives, but that will not happen by blindly following the hype. We began practicing what we preach with Blockchain Fridays, where everyone can collaborate on the ideas that...

From: Tilen Držan

March 28, 2018

Introducing the Cofound.it KYC process

The crypto landscape of 2017 was one of fierce anonymity. But with evolving regulations more and more activities in the blockchain world have to be connected to verified persons and reported if necessary to comply with various anti-money laundering and tax laws, including crowdsales and...

From: Jan Isakovic

March 26, 2018

Texas Blockchain Mass Event

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From: Nika Bergant

March 21, 2018

Variety is the Spice of Blockchain

The Cofound.it team attended the second Moinblockchain conference in Hamburg, attended by many professionals working on some amazing projects in the blockchain and crypto sphere with a special emphasis on women.The Moinblockchain conference was organised by Moinworld (German for Helloworld) a...

From: Nika M Kravanja

March 14, 2018

Etherisc: Decentralised insurance that will disrupt a multi-trillion dollar industry

If you’ve been following the blockchain startup space, you will already know Etherisc, the decentralised platform that brings transparency, security and automation to the world of insurance. It’s one of the most innovative decentralised platforms on Ethereum, the winner of the Blockchain...

From: Jan Isakovic

March 13, 2018

The fight between the Davids and Goliaths of the EU will define crypto regulation

“Hard cash is here to stay for some time. Because of the cyber attacks,” stressed Member of the ECB’s Executive Board Yves Mersch in his keynote speech at the second FinTech and Digital Innovation conference, which was held in Brussels on 27 February 2018. The importance of security in the...

From: Spela Zavrsan

March 12, 2018

EthCC 2018: developing a scalable Ethereum

Ethereum scalability and governance were two of the hot topics discussed last week at EthCC (Ethereum Community Conference) in Paris. Some of the Cofound.it tech team visited the conference which spanned over three days, four tracks, and multiple additional workshops. For us it was a great...

From: Alja Isakovic

March 07, 2018

Blockchain in Germany: insights from the Crypto Assets Conference

High trust in regulators and active corporates stood out from the event in the financial centre of Europe’s biggest economyGermany has embraced crypto at a slower pace than my native Slovenia, as reflected in its relatively modest crypto awareness and ICO activity. According to Elementus,...

From: Ambrož Homar

Fundraising dilemmas of startup founders

Equity financing and utility token sale are not the only options. We discuss the decision criteria and alternativesFor a long time, there was only traditional equity. Then came blockchain token issuance which revolutionised financing while itself experiencing a significant evolution in 2017....

From: Ambrož Homar

March 06, 2018

How Auctus is revolutionizing retirement planning

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From: Jan Isakovic

February 27, 2018

Startups and blockchain in Turkey: WBAF 2018 report

The Cofound.it team attended the World Business Angels Forum (WBAF) in amazing Istanbul, Turkey, which attracted VCs, angels and companies from all over the globe.Turkey is a very large market with a population of 81.5 million and until the political unrest in 2017, was the leader in Eastern...

From: Vlado Milosevic

February 21, 2018

Asset Tokenisation — A Primer

Salvator MundiPainting on the left is by the renowned Leonardo da Vinci. Recently It was last sold for US$450M. Obviously, such exorbitantly priced paintings are out of reach for most investors. Only a select few of the ultra-wealthy would be able to own such a high priced painting. Such...

From: firesofmay

February 09, 2018

Summary of Cofound.it Q&A in Feb 2018

On February 7th at 6 PM CET we hosted a Q&A on our Telegram Channel. The topics were startup investment fund and airdrops, both mentioned in our latest blog post.N.B. I have rephrased the Q&A in my own words. I’ve also reordered and grouped questions into common themes to make it...

From: Nika Bergant

February 01, 2018

Encouraging early adoption with token rewards for qualifying community members

Cofound.it presents a new initiative to help startups grow fasterThe blockchain startup space is moving towards a new asset class — clearly defined and regulated security tokens. But while the regulations develop, one way forward is to split equity investing from pure utility tokens. We...

From: Jan Isakovic

Connecting startups to early adopters with bonus utility tokens

Connecting startups to early adopters with bonus utility token rewardsCofound.it presents a new initiative to help startups grow fasterThe blockchain startup space is moving towards a new asset class — clearly defined and regulated security tokens. But while the regulations develop, one...

From: Jan Isakovic

Connecting startups to early adopters with free utility tokens for qualifying CFI holders

Cofound.it presents a new initiative to help startups grow fasterThe blockchain startup space is moving towards a new asset class — clearly defined and regulated security tokens. But while the regulations develop, one way forward is to split equity investing from pure utility tokens. We...

From: Jan Isakovic

January 31, 2018

Cofound.it Q4 2017 quarterly report

The Cofound.it team had a busy last quarter of 2017. We concluded two crowdsales that started in September, launched the innovative Seed program which culminated in the amazing Playoffs event, and launched the first expert service on the platform — the beta community evaluations...

From: Jan Isakovic

January 25, 2018

Meet the Cofound.it team in person

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From: Marina Markezic

January 23, 2018

Towards the CFI Protocol — the protocol for startup creation and funding

Cofound.it is rapidly expanding, in terms of internal resources, external partnerships and community driven efforts. We’re now leveraging our experience and tech base to start developing the CFI protocol for startup creation and funding process — a trustless, distributed, value-added...

From: Daniel Zakrisson

January 19, 2018

ICO 3.0 — towards a new asset class

There is a good reason retail chains do not issue loyalty points to raise funds, but issue stocks. A share of equity is and remains the most obvious way of returning value to investors. The value of company equity is based on actual business performance, the value of developed technology, the...

From: Jan Isakovic

January 17, 2018

The Cofound.it Playoffs page has a crispy new look

A month and a half has passed since we held the first ever “live” blockchain crowdfunding event, the Cofound.it Playoffs. Six participating startups were simultaneously holding their crowdsales while showcasing their business ideas in a mix of live interviews, on-stage presentations and...

From: Neza Rejc

December 21, 2017

The Cofound.it 2017 Year in Review

We developed Cofound.it with the vision of becoming a Silicon Valley for the distributed age. What does this mean? It’s simple really. We want startups, no matter where they are located, to be able to access the support needed in order to achieve their dreams. Throughout 2017 we began...

From: Jan Isakovic

December 13, 2017

Blockchain — the bane and blessing of energy consumption

Blockchain technology is an energy consumption monster. To “mint” new coins and secure the network miners must perform difficult computational tasks which demand a lot of power. How much is that? At this point, all numbers are more or less an educated guess.Bitcoin, as the first blockchain...

From: Andrej Čebokli

December 10, 2017

Token Summit II: What this year brought and Cofound.it workshop on token economics

This year’s second Token Summit was hosted in (one of) the most vibrant startup communities in the world, San Francisco. The biggest conference on token economics in the US flared my expectations and lived up to them — the event was bustling with people and vivid panels on the future of...

From: Marina Markezic

December 04, 2017

Towards ICO 3.0

It has been a year since my first blog post on ICO 2.0 which eventually led to the creation of Cofound.it. In the last 12 months, there have been quite some changes in the blockchain ecosystem.This is the first blog post in the series of the posts a year on with the goal to propose the new...

From: Zenel Batagelj

December 01, 2017

Cofound.it Playoffs: The Results and Event Video

First of all let me congratulate all six teams who participated in the amazing and history-making Cofound.it Playoffs. Crowdsales for each team lasting for 30 hours were conducted simultaneously and with the end of Phase 2 completed at 4 PM CET. Here’s a recap of the outcome.Priority Pass™...

From: David Prais

November 29, 2017

Final countdown to Cofound.it Playoffs has begun!

With excitement on the scale a little past Christmas morning but not quite to Summer Vacation, we have finally arrived at (drum roll please!) The Cofound.it Playoffs!All Six Teams are in Ljubljana!Here in Cofound.it HQ the adrenaline is kicking in as the six chosen Seed teams have gathered for...

From: Elizabeth Prais

November 27, 2017

50 ETH Support from Cofound.it for each Playoffs Team

With only days left before the Cofound.it Playoffs, we would like to announce that Cofound.it will be contributing 50 ETH of our own assets to each team’s crowdsale — otherwise known as, “putting our money where our mouth is”.Supporting our teams during their Seed stage crowdsale...

From: David Prais

November 24, 2017

Get Ready for Cofound.it Playoffs!

Hey Peeps! Are you all ready for the amazing Cofound.it Playoffs? Today is Fri-yay which means there are only five (5!) sleeps left before your wallet is checked to make sure it contains 5k CFI tokens and you are added to the teams’ whitelists.Is your wallet ready?You heard me. Only five...

From: Elizabeth Prais

November 22, 2017

Cofound.it Playoffs: celebrating our community

Hey Priority Pass members! This is a great big thank you from all of us here at Cofound.it HQ for the awesome videos sent in last week. Five of our most enthusiastic community members will be joining us as special guests at the Cofound.it Playoffs and you can still shape the event by submitting...

From: Jan Isakovic

November 21, 2017

Cofound.it Playoffs: Seed stage crowdsale details

We are about a week away from the Cofound.it Playoffs, so it’s time to release further Seed stage details from the teams, and more information about the crowdsale process and timeline. There are six participating teams in the Cofound.it Playoffs and each has set their own Seed stage success...

From: David Prais

November 17, 2017

Musiconomi and DA Power Play are dropping by for Cofound.it Playoffs

By now you probably already know all about the Cofound.it Playoffs taking place in Ljubljana, Slovenia, on November 30. If not, it’s time to catch up and read all about it and join us there. But for those of you who are so super busy and just want a quick recap: six teams from our Seed program...

From: Neza Rejc

November 15, 2017

Cofound.it Playoffs Teams Participating in “live” Crowdsales Announced!

Waiting for the Seed team vote deadline this week has made Cofound.it HQ feel like the final hours of the Eurovision Song Contest and if you are as excited as we are, don’t miss the ticket info at the end! Before all the nitty gritty details, let’s make the announcement you’re all...

From: David Prais

November 14, 2017

Applications for Cofound.it community evaluators are now open!

We are now officially opening the applications for our Cofound.it community evaluator beta program that will reward good project evaluations in CFI tokens. To apply, head over to our new page for community evaluators and submit your first project evaluations through the project evaluation forms...

From: Matjaz Slak