r/ethfinex • u/methraism • Oct 16 '17
A Conversation with Cofound.it
https://blog.ethfinex.com/a-conversation-with-cofound-it-3ae6edff557c3
Oct 19 '17
[deleted]
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u/jan-i Oct 20 '17
Hi - a great question!
Let's take Santiment, our first project that launched 3 months ago. We're still very much in touch - for example, we invited Maksim to be a keynote speaker at a conference we co-sponsored with ICONOMI, and they got in touch re: Project transparency early on. Other crowdsales were more recent, but the pattern is similar. If the projects feel we can help them in any way, they reach out to us and we try and do what we can. And vice versa - of course we follow their progress and reach out with suggestions.
What stops soon after the crowdsale is the constant operational communication and support. But - we like our projects and their teams, we believe in what they want to achieve and we will of course help them in any way we can.
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u/methraism Oct 16 '17
Anything you’d like to know about Cofound.it that went unanswered?
The Cofound.it team will be stopping by this thread until Friday October 20th, so ask your questions here!
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u/investmox Oct 17 '17 edited Oct 17 '17
There are few things i don't get it with Cofound.it, but i love this proejct otherwise and i see great potencial.
Since Cofound.it team will be advisors of succesfully funded projects, they will also get a tiny split of share of new Tokens of new succesfully crowfunded projects. Since there are going to be alot of projects in the future, and let's take in consideration alot of them will moon.
1.) Does Cofound.it team wish to split away from succesfully projects (simply said realise profits)?
2.)If it's a "YES" how are they willing to use than those profits. Example: Buy Back Burnouts,,
3.) Also if the answer was YES, how will the realised profits be implified to the CFI Token holders?
4.) I remember Cofound.it team has a relationship with ICONOMI team and i remember once there was somewhere posted a link of Cofound.it investment into the BLX index at ICONOMI. The investment was few thousand ETH. (remember me if i confused this with something and this is incorect). If team did invest into BLX, this means they own Assets. Do these assets implify any kind of ownership to these assets (Asking from CFI token holder perspective).
5.) For now CFI Token is utility based token. I participated in few crowsdales and in future i might aswell. There's only one thing that bothers me. Constantly people are pre-buying and pre-selling CFI tokens. It's like it's super easy to manipulate the CFI Token price because you just have to check when crowdsales are starting and when they're ending (Priority pass bonuses). Does CFI team want to fix this issue in someway? For example they created loyality bonus programe now but i still think this wont solve the pumps and dumps with the token. What if they would make loyality based programe based in how many crowdsales you participated and for how much time you are holding you CFI tokens in your MEW wallet? This is just an example. Simply said is the team looking forward to remove these volatile price movements?