What is Cofoundit?
Cofoundit (CFI) is a Blockchain project that offers various services such as business consulting to support the best startups. In this article by Kriptokoin.com, we answered frequently asked questions such as what Cofoundit is, what it offers, what CFI is, what it is used for, and how to acquire it. Let’s take a closer look at this project that provides Blockchain and business support for new startups.
About Cofoundit
Cofoundit is a self-sustaining business consulting platform that focuses on projects with the highest potential. Essentially built on Blockchain technology, this platform is designed to support the development of new startups. Entrepreneurs have the opportunity to connect with experts in their respective fields through this platform. In other words, Cofoundit functions as a platform that brings together entrepreneurs and experts under one roof.
Within the platform, investors and experts provide support to ventures in various ways. Investors create the necessary funding, while experts offer consulting and guidance services. Cofoundit has established a series of evaluation criteria specifically to support only the highest potential ventures. These criteria are based on Daniel Zakrisson’s mass sale analysis and have an extremely comprehensive structure. As a result, only three out of 35 projects that participated in the project’s launch have been supported. Selected projects are reviewed by Deloitte, thus providing unprecedented clarity in stages such as token sales. Additionally, the platform decides to provide support after conducting a one-day workshop with the selected projects.
What Does Cofoundit Offer?
Cofound.it is a platform aimed at supporting a more affordable and accessible venture capital ecosystem based on crowdfunding. It was built to contribute to the formation of this ecosystem. However, over time, the project has deviated from its original purpose and evolved in a different direction. In 2019, the team decided to shut down the servers, believing that the project had strayed from its goals. They also expressed concerns that the token ICO was being misused. Following these developments, the Cofound.it project effectively came to an end. Interested investors have not been able to access the project’s official website since that time.
What is CFI? What is it Used For?
CFI is the native cryptocurrency of the Cofoundit ecosystem. This cryptocurrency is designed to power the ecosystem. Users are required to hold a certain amount of CFI tokens to participate and be active on the platform. Experts are obliged to leave a portion of their CFI as a deposit when they take on a task. Additionally, there are various data areas within Cofoundit that can only be accessed by CFI holders. These data areas allow for better evaluation of projects.
How to Acquire Cofoundit and CFI?
Cofoundit is a Blockchain project that has been closed since August 28, 2019. Therefore, there are currently no exchanges listing the CFI token. As a result, it is not possible to purchase the CFI cryptocurrency at this time.
