Cofound.it, a distributed platform for token crowdsales, has launched a new program for early-stage blockchain companies called Seed. The program will introduce the selected startups to its ‘Priority Pass’ community earlier in the process for a round of presale funding before the public ICO.
Jan Isakovic, Cofound.it CEO and co-founder, said: “Our seed program incubates early-stage blockchain startups, while continuing to reward and engage our existing Cofound.it community and Priority Pass members. A Cofound.it Seed project will have the opportunity to validate their business idea and raise enough funds to fully develop their product and team before introducing their offering to a wider public.”
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The first projects selected to launch Cofound.it Seed are: Aversafe – a decentralized credential verification network; BLOCKIE – a platform for creating new decentralized applications (DApps); Legacy – a last will solution for smart property and cryptocurrencies; MediaSifter: a decentralized news aggregator; and UNICO – a creator of decentralized digital collectables.
David Prais, Head of Cofound.it Seed, said: “We have selected five great startups which stood out as clear contenders to disrupt the status quo of their industries. Through Cofound.it Seed, we hope to give these projects early advice and insight on their product offerings to increase their chance for a successful crowdsale in the future.”
Cofound.it plans to launch around 10 startup projects this year, with an additional 30 projects expected to launch in 2018.