Cofound.it ICO evaluation and mentoring platform discussion

[freew5660]

Congratulations guys 

As I see cofound has long way to go 

[btvGainer]

In my opinion these people are idiots - totally disorganised ICO and not clear at all

It sold out in the pre-sale from what I hear...though they said it would open at 11am EST today

Capping their funds like that is the height of stupidity...they could have easily tripled their money if they stuck by their word

I view this organisation as disorganised and lacking common sense

You're saying they should've rised $37.5m for 25%. So that means Cofound value is $150m. Wouldn't that be overvalued?

Doesnt matter if its overvalued...what matters is they have the money in their hands to give themselves a head start

To cut themselves short like that lacks common sense imho

They could have easily raised significantly more

But anyway, it is what it is

I see it as being a disorganised ICO with poor communication....

They raised the targeted funds in 3 days, whh should they have dragged it till a whole month just to get more than they needed?.
What poor communication are you talking about?Is collecting huge funds in three days possible without good communication?.

[zahra4577]

Thank you to all our supporters!

Please feel free to keep up the discussion about Cofound.it - I'm not going anywhere, but it might take me a while to answer.

Congratulations to cofound for this achievement.
It ensures that CFI tokens will not be sold below ico price because all investors will get tokens at same price without any additional bonus to early ico investors.
Nobody will sell it below the price the get ')

[bcmine]

In my opinion these people are idiots - totally disorganised ICO and not clear at all

It sold out in the pre-sale from what I hear...though they said it would open at 11am EST today

Capping their funds like that is the height of stupidity...they could have easily tripled their money if they stuck by their word

I view this organisation as disorganised and lacking common sense

You're saying they should've rised $37.5m for 25%. So that means Cofound value is $150m. Wouldn't that be overvalued?

Yeah, just sale your shares if its hitting 300 mio marketcap. Wait and hodl some months

[kadscuk]

They raised the targeted funds in 3 days, whh should they have dragged it till a whole month just to get more than they needed?.
What poor communication are you talking about?Is collecting huge funds in three days possible without good communication?.

IMHO, 3 days is a silly window to raise funds, and they will have definitely cut themselves short.

There can be plenty of legitimate reasons why someone who is extremely active and interested in the tech may be unable to invest in the 3 days.

A better window could have been 1 week, or 2 weeks at a push. We don't need to drag out for a month.

As for communication, the initial signpost to their priority pass was buried deep in a blog post....

Anyway, it is what it is, plenty of other ICOs out there

[Cofound.it]

Hi,

all good points, kadscuk! This was the initial experiment and we'll definitely be building upon what we have learned from our example. The next Premium Pass opportunities will be better.

[The Goat Master]

Hi,

all good points, kadscuk! This was the initial experiment and we'll definitely be building upon what we have learned from our example. The next Premium Pass opportunities will be better.

What do you mean by Premium Pass opportunities. Could you elaborate?
Who get that privilege? ICONOMI ICO particitpants or COFOUND ICO participants?

[Cofound.it]

Hey,

we don’t have the specifics worked out yet. We’ll be using the results of our crowdsale to optimise the process. But it was definitely not a one-shot deal - you have not missed anything yet (except on our pre-sale, of course).

[ehcydotcom]

ICN went up 30% after cofoundit successful ICO. ICN hold 10% of Cofoundit token which is worth $5,656,500 but 30% gain add $32,113,937 to the market cap of ICN. Which mean Cofoundit token value will have high chances to gain 500-600% in near future.   

[CoinManiac1]

They raised the targeted funds in 3 days, whh should they have dragged it till a whole month just to get more than they needed?.
What poor communication are you talking about?Is collecting huge funds in three days possible without good communication?.

IMHO, 3 days is a silly window to raise funds, and they will have definitely cut themselves short.

There can be plenty of legitimate reasons why someone who is extremely active and interested in the tech may be unable to invest in the 3 days.

A better window could have been 1 week, or 2 weeks at a push. We don't need to drag out for a month.

As for communication, the initial signpost to their priority pass was buried deep in a blog post....

Anyway, it is what it is, plenty of other ICOs out there

Well, what abt BAT and Aragon. Gone in a Jiffy but Cofound continued for 3 days. As for communications, if u have signed up in their mailing list, you already have participated. But I guess, you are angry since you missed the crowdsale. Dont worry, there are more to come...

[Dripdown]

I participated in the crowdsale. It was wondering what the eta on receiving CFI into my MEW wallet is?

[Cofound.it]

A matter of days. But we want to triple check everything.

[freew5660]

A matter of days. But we want to triple check everything.

Will we see any exchange announcement right after distribution 

[scrimper]

They raised the targeted funds in 3 days, whh should they have dragged it till a whole month just to get more than they needed?.
What poor communication are you talking about?Is collecting huge funds in three days possible without good communication?.

IMHO, 3 days is a silly window to raise funds, and they will have definitely cut themselves short.

There can be plenty of legitimate reasons why someone who is extremely active and interested in the tech may be unable to invest in the 3 days.

A better window could have been 1 week, or 2 weeks at a push. We don't need to drag out for a month.

As for communication, the initial signpost to their priority pass was buried deep in a blog post....

Anyway, it is what it is, plenty of other ICOs out there

"As for communication, the initial signpost to their priority pass was buried deep in a blog post...."   Thats not true... I was informed by the newsletter.

[CoinManiac1]

A matter of days. But we want to triple check everything.

Will we see any exchange announcement right after distribution 

My guess, Kraken or Polo might list it. As well as Bittrex. Any way the CFI IOU token is already listed in the hitbtc market. Remember the team does not encourage in dealing with IOU..

[CoinManiac1]

The cofound team has distributed Cofound tokens to the Presale participants. However, the token is locked and cannot be transferred.

How to check ur token in ur wallet. Contract Address: 0x12FEF5e57bF45873Cd9B62E9DBd7BFb99e32D73e

[Cofound.it]

Hi,

no need for this - our pull request was accepted and MEW now shows CFI out of the box.

Jan

[charlescoin]

Congratulations on a successful ICO, I was too late but I wish all investors the best of luck and I will be following this project very closely.

[gluk]

i got my CFI   -))

[Wapinter]

CFI tokens distributed. Use the following info if you didn't see tokens in your wallet.
Viewing your token balance in your wallet

If you use MyEtherWallet to access your wallet, go to the "View Wallet" Info tab to unlock your wallet. You should see your CFI token balance in the "Token Balances" section. If it doesn't appear automatically, click the "Add Custom Token" button, and enter the following attributes in the form:
Address: 0x12FEF5e57bF45873Cd9B62E9DBd7BFb99e32D73e
Token Symbol: CFI
Decimals: 18
If you use Mist, click the "Contracts" tab, and find the section "Custom Tokens". Click the "Watch Token" button, and fill in the form with the following attributes:
Token Contract Address: 0x12FEF5e57bF45873Cd9B62E9DBd7BFb99e32D73e
Token Name: CFI
Decimals Places of Smallest Unit: 18