
Cofound is a platform that promises to connect exceptional startups, experts, and investors around the world. It’s a distributed global VC ecosystem “built by the blockchain community for the blockchain community”. The company can be found online at Cofound.it.
Basically, it’s a startup accelerator based around a token system. Cofound.It tokens are called “CFI tokens”.
Cofound has been in headlines this past week after it broke records for the biggest presale ever. The company raised $14.8 million in its presale, during which all CFI tokens were snapped up by investors. As a result, the company canceled their ICO. All coins had been sold within 60 hours of the presale’s launch.
The presale was exclusively available to users holding the Priority Pass. Those users included the company’s “most engaged supporters”. Many are praising Cofound.it for their innovative Priority Pass system, which could change the nature of ICOs in the future…tune in for our full review!
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