Cofound.it partners with Deloitte and Wachsman PR to create a Silicon Valley for the Distributed Age
ICONOMI, the blockchain technology company behind the one of the largest Initial Coin Offering (ICO) crowdsales in history, has today revealed Cofound.it, an organization previously in stealth mode dedicated to finding, nurturing and incubating the best ICOs anywhere in the world. Cofound.it will provide select ICOs with world-class, expert coaching in business development and optimal […]
ICONOMI, the blockchain technology company behind the one of the largest Initial Coin Offering (ICO) crowdsales in history, has today revealed Cofound.it, an organization previously in stealth mode dedicated to finding, nurturing and incubating the best ICOs anywhere in the world. Cofound.it will provide select ICOs with world-class, expert coaching in business development and optimal ICO processes to help ensure their success. Cofound.it also offers a platform for ICOs to access a number of advanced technical tools.
Jan Isakovic, CEO and Co-Founder of Cofound.it said: “Following the success of ICONOMI’s crowdsale last year that raised over $10.5 million, we are extremely proud to publicly launch Cofound.it as a collaborative platform to share our expertise with other upcoming projects. Many ICOs have a brilliant vision but lack experience with the ICO vehicle, and consequently, they require assistance in formulating and executing an effective go-to-market strategy. By providing active mentorship and expert coaching from seasoned veterans, Cofound.it aims to help the most promising entrepreneurs in the cryptocurrency space. We’re building a platform that will help fulfill the entrepreneurial dreams of young visionaries world-wide, not just those willing to move to San Francisco. In effect we are building a Silicon Valley for the Distributed Age.”
Cofound.it has already engaged with more than 30 potential ICO projects over the last few months. The most innovative of them will be showcased on the Cofound.it platform in the coming weeks.
The unique Cofound.it business model was designed to ensure that ICOs have the requisite expertise to succeed without an inhibitive upfront cost. Cofound.it will take a negotiated percentage of select ICOs’ crowdsales to sustain the development of the advanced technical platform and business team. In return, the team will connect ICOs with experts who will actively provide technical advice and development capabilities. Cofound.it will help ICOs build relationships and trust among investors, accelerating their overall growth. Working together, Cofound.it will help ICOs establish business essentials, define an optimal funding scenario, develop a clear business strategy, and establish fundraising thresholds.
Because investor communications is paramount to the success of an ICO, Cofound.it works with premier external partners to create an effective and comprehensive communications plan that best showcases each ICO’s value proposition. Content is optimized for every channel, from traditional news to social media, and distributed according to a strategy designed to ensure that messaging is properly received by all key audiences.
Daniel Zakrisson, Co-Founder and Head of Evaluations and Mentoring, added: “Raising funds requires more than developing a technically sound product – one must effectively pitch in tune with the investor community. Cofound.it will help provide entrepreneurs with the opportunity to leverage our established professional network to build trusted relationships with investors. This is especially important in the crypto market, where investors are highly concerned about the potential for scams or team schisms. The network of experts means that Cofound.it turns ICOs from a novel funding mechanisms into smart money and a real foundation for success.”
From its extremely successful ICO, the ICONOMI team learned the need for expediency in setting and working towards actionable goals immediately after funds are raised. Opportunities to capitalize on blockchain innovation remain boundless, and Cofound.it hopes to use its platform to encourage burgeoning ICOs to best use their funds to win market share in their respective industries. In order to facilitate this rapid growth, Cofound.it will tap into its world-class team to define internal roles within an organization undergoing an ICO, finding experts to temporarily fill roles during the company’s transitional period.
“Cofound.it is an innovative venture because it gives visionaries the freedom to fulfill their entrepreneurial spirit from anywhere in the world, not just Silicon Valley. In this decentralized age, Cofound.it will act as the premier co-founding platform for ICO projects,” Isakovic concluded.
Cofound.it’s global launch partners include Deloitte, Wachsman PR, and Novak Rutar law office.
The upcoming crowdsale will raise funds intended to make the organization self-sustaining, to further accelerate geographic expansion, and to advance platform development. Details on the crowdsale will be announced in the coming weeks.