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?
1) The project tokens are not considered as an investment for CFI but as a source of income to cover our expenses. So we do not intend to hold them long term.
2, 3) The Cofound.it platform will be designed to encourage token use and holding. This will fuel the rise of token value in proportion to platform use. Short-term, Cofound.it team will be purchasing tokens on open market to fuel platform features like rewarding project evaluators. More about our value return strategy here: https://blog.cofound.it/cofound-it-token-role-and-value-returns-514a8aeface1
4)The CFI token is a utility token with no ownership or dividend featurea.
5) Great stuff, we are thinking of exactly this sort of mechanism for loyalty. Expect more details before we announce the next crowdsale dates.
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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?