Cofound.it Playoffs Successfully Wraps Up with $1M Contributed

by PaymentsJournal 0

Cofound.it logo
More than 300 people attend and participate in Live Crowdsale Event

Ljubljana, Slovenia – December 4, 2017 – Cofound.it, the leading platform for training the world’s most promising blockchain startups, has announced the successful conclusion of its live crowdsale event, Cofound.it Playoffs. Six blockchain startups participated in 30-hour “live” crowdsales held in Ljubljana, Slovenia in front of more than 300 Cofound.it Priority Pass™ members and supporters. A combined total of nearly $1 million USD was contributed to the projects by Cofound.it community members.

David Prais, head of Cofound.it Seed, said: “Cofound.it Playoffs represents the epitome of what Cofound.it stands for. We are a community-driven company that provides validation and support to blockchain startups and this event was the perfect opportunity to showcase the value and worth our community has to offer. Thanks to everyone who came out and participated in the Playoffs.”

The teams who appeared at Cofound.it Playoffs were Datafund, an individual privacy platform; ENTX, a platform that provides fair market valuations of digital assets; Aversafe, a credential validation platform; Legacy, a ‘smart will’ and digital time capsule platform; Media Sifter, a news aggregator platform; and UNICO, a digital scarcity platform.

Datafund, UNICO, and ENTX successfully reached their soft cap during the event. Datafund also hit its hard cap, raising 594 ETH in seed funding.

In addition to the crowdsales, the event featured presentations by Musiconomi and Digital Assets Power Play; projects that have successfully launched and completed crowdsales through Cofound.it earlier in the year.

For more information on the event and the selected projects, visit cofound.it/playoffs.

Head of Cofound.it Seed David Prais is available to interview

About Cofound.it:

Cofound.it is a platform connecting supporters to teams training to become serious blockchain businesses. The intensive Cofound.it training process ensures teams go into their crowdsales well-prepared: with a solid business plan, a community of passionate early supporters, and an execution plan that complies with all regulations.

About Cofound.it Seed:

Cofound.it Seed is a program tailored to blockchain startups in the early stages of development. It enables business ideas to be validated by community of blockchain enthusiasts. Teams also receive funding from a small crowdsale from the community members, which allows them to focus on project development prior to the full crowdsale.