Cofound.it ICO evaluation and mentoring platform discussion

[Cofound.it]

We are preparing to launch Cofound.it - a platform where the best ICO projects are selected, helped with expert coaches, given promotional funds and showcased to the investor community. The key idea is that the distributed economy can bypass not only industries like banking but also the VC industry.

Once we get everything finalized we'll create the ANN thread, but we'd also like to solicit community input.

If you are investors - how do you decide what to invest in? What kind of evaluation would be helpful to make selection easier?

If you are thinking of an ICO - what kind of services do you think you need?

You can find more about us at https://cofound.it/ and our slack at https://cofoundit.herokuapp.com

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[MoveCrypto]

when polo?

[MirkoIta]

when polo?

I don't think this announcement is made to launch a new altcoin or crowdfunding/ICO. Just a platform that will feat ICOs and crowdfundings I suppose.

[Daparski]

when polo?

when polo to you to

Good luck guys!!!

[ajhodge7]

As a potential investor I want to know how much of a return on my money I can make and the risk of the investment.  This would require:

Likely Expenses per Year -
Prior Profit on "like" business deals to date -
Future "deals" lined up -
Experience of Officers -
Why is your business a need in the industry -
Why is cofound.it the best team for this niche (ie. instead of Blockchain Capital?) -

This is a VC business it seems.  Its coin needs to be treated like stock in a company, not really a form of payment like bitcoin.

[btvGainer]

We are preparing to launch Cofound.it - a platform where the best ICO projects are selected, helped with expert coaches, given promotional funds and showcased to the investor community. The key idea is that the distributed economy can bypass not only industries like banking but also the VC industry.

Once we get everything finalized we'll create the ANN thread, but we'd also like to solicit community input.

If you are investors - how do you decide what to invest in? What kind of evaluation would be helpful to make selection easier?

If you are thinking of an ICO - what kind of services do you think you need?

You can find more about us at https://cofound.it/ and our slack at https://cofoundit.herokuapp.com

So if I want to run an ICO,cofound.it will help me with it.right?Will you also help in financing pre-ico?Why would one should seek your services instead of doing it on his own?After all we have a lots of successful ICOs in crypto world.What additional value will cofound add to it?

[Cofound.it]

when polo?

when polo to you to

Good luck guys!!!

When polo to you all! Thanks Daparski, if we manage to get community members that are half as engaged as ICONOMI's we'll count it a success.

As a potential investor I want to know how much of a return on my money I can make and the risk of the investment.  This would require:

Likely Expenses per Year -
Prior Profit on "like" business deals to date -
Future "deals" lined up -
Experience of Officers -
Why is your business a need in the industry -
Why is cofound.it the best team for this niche (ie. instead of Blockchain Capital?) -

This is a VC business it seems.  Its coin needs to be treated like stock in a company, not really a form of payment like bitcoin.

Hey ajh,

we'll publish our financial model as part of the business plan in the following weeks where we'll go into details. When you'll plug in your estimate for the number of projects we'll work with and average amount raised you'll be able to see if it makes sense to you.

We are working with some very interesting projects. Some of them will be published before our ICO. Because their going public also includes a PR campaign we cannot launch all at once as then nobody would get any public notice.

Re the need - here's an overview of the state of the VC industry and why the time is right now: https://medium.com/cofoundit/is-there-room-for-vcs-in-a-tokenised-world-712bf111a9b1

Here's a table that gives a basic positioning overview:

[Cofound.it]

So if I want to run an ICO,cofound.it will help me with it.right?Will you also help in financing pre-ico?Why would one should seek your services instead of doing it on his own?After all we have a lots of successful ICOs in crypto world.What additional value will cofound add to it?

That's a great question that cuts right into the core of our value proposition for teams. I'll do a short answer - my co-founder Daniel goes into more detail here: https://medium.com/cofoundit/coaching-blockchain-superstars-8ba4b1dfc9d4

First: we really do not have lots of successful ICOs if we look at the number of hopeful teams - but we tend to lose sight of all those projects that languish in the "12 BTC raised in 3 weeks" zone. If we plot the ICOs on two axis, technical ability and business ability, there are some that score great on both - the superstars. But there are not many of those.



We've spoken with over 30 projects in the past few months. Most of the teams we have engaged with fall somewhere in the middle part of the quadrant  —  typically (but not always) with a very solid technology background but lacking the more business-oriented pieces of the puzzle.

Cofound.it’s value proposition is simple — we bring the missing pieces of the puzzle and create dream teams! In essence, this is the “smart” part of the money a traditional VC investment brings but on steroids since we can leverage a much larger and global network of experts and services tailored to each project.

For teams that work with us, we:

• evaluate the team, find the best way we could add value and assign world-class experts to work with them
• assign a head coach to coordinate with the team and the experts
• cover the promotional costs up-front (20-50k$)
• help with communication strategy, copywriting..
• help with optimal ICO parameters (so, "no 50M cap", "no 150% bonus on this specific alt coin"

And - we are free! We take none of the funds received and only a share of the tokens.

Of course all of this is easy to type and harder to do. Look at what we do in the following weeks and months and decide for yourself whether we are fulfilling our promises or not.

[favdesu]

I invest in trustworthy projects.

talking about trust, I see cofound is mostly ICONOMI - the people who misled and lied to investors for 6months, just to change the revenue model.

Hope legit ICO do some research before they use your service.

[Cofound.it]

Hope legit ICO do some research before they use your service.

I completely agree - not just our service but any service. Then decide on the best one based on the track record.

[ajhodge7]

I invest in trustworthy projects.

talking about trust, I see cofound is mostly ICONOMI - the people who misled and lied to investors for 6months, just to change the revenue model.

Can you expand on this part please? 

[Cofound.it]

I invest in trustworthy projects.

talking about trust, I see cofound is mostly ICONOMI - the people who misled and lied to investors for 6months, just to change the revenue model.

Can you expand on this part please? 

ICONOMI changed value return mechanism from dividends to buyback&burn. More information in their thread: https://bitcointalk.org/index.php?topic=1789926.0

[herromerro]

We are preparing to launch Cofound.it - a platform where the best ICO projects are selected, helped with expert coaches, given promotional funds and showcased to the investor community. The key idea is that the distributed economy can bypass not only industries like banking but also the VC industry.

Once we get everything finalized we'll create the ANN thread, but we'd also like to solicit community input.

If you are investors - how do you decide what to invest in? What kind of evaluation would be helpful to make selection easier?

If you are thinking of an ICO - what kind of services do you think you need?

You can find more about us at https://cofound.it/ and our slack at https://cofoundit.herokuapp.com

Why this thread is not active anymore even you've decided the ICO date?

[btvGainer]

I am also looking forward to know more about cofound.it.The concept is attractive and it will,if implemented well,help both investors and ICO.
With cofound evaluating the ICO for us,half of our job is done.

[herromerro]

Business plan(Cofound.it business plan, May 2017) has ben published.
Here's the link:
https://cofounditmedia.s3-eu-west-1.amazonaws.com/documents/Cofound.it_business_plan_z72mHKJ.pdf

[btcrocks]

Business plan(Cofound.it business plan, May 2017) has ben published.
Here's the link:
https://cofounditmedia.s3-eu-west-1.amazonaws.com/documents/Cofound.it_business_plan_z72mHKJ.pdf

Based on this whitepaper,the crowdsale would begin on 24th of this month and will last for a month?

How many coins will be sold out along with the initail bonus?

Hope the cofound team will update all these details here.

[herromerro]

Business plan(Cofound.it business plan, May 2017) has ben published.
Here's the link:
https://cofounditmedia.s3-eu-west-1.amazonaws.com/documents/Cofound.it_business_plan_z72mHKJ.pdf

Based on this whitepaper,the crowdsale would begin on 24th of this month and will last for a month?

How many coins will be sold out along with the initail bonus?

Hope the cofound team will update all these details here.

"The final 25% of Cofound.it tokens will be sold via crowdsale, starting on May 24th at 11 AM EST / 17 PM CET"
The sale will last for 4 weeks.

Here's the distrubiton details:


threshold: $1M
core goal-soft cap: $2.5M
hard cap: $12.5M

More details:
https://cofound.it/en/
https://medium.com/cofoundit/cofound-it-crowdsale-details-e8db92463194

[elegant_joylin]

This ICO is so quiet.

[judeafante]

This ICO is so quiet.

Maybe because it is in a wrong section they are holding a token ico and it is in marketplace it should be on altcoin announcement and not here and why there is no ico in the heading all the other ico are with the word in their announcement title,this could be their failure or the team is very ignorant on how to start one.

[herromerro]

This ICO is so quiet.

Maybe because it is in a wrong section they are holding a token ico and it is in marketplace it should be on altcoin announcement and not here and why there is no ico in the heading all the other ico are with the word in their announcement title,this could be their failure or the team is very ignorant on how to start one.

I don't think that team is ignorant. Because I guess they have ICONOMI support so I think they know how a succesful ICO campaign could be run. Maybe they are just ignore the crowd in here. Maybe the big inversters already lined up. We'll see soon