Cofound.it ICO raises $5m in three hours
Cofound.it, a distributed platform for start-ups planning crowdsales, has reached its token pre-sale target of $5m in only three hours with the help of its Priority Pass members. The sale was "proof that many supporters share our vision of a distributed venture capital platform," said Cofound.it CEO and co-founder Jan Isakovic. Cofound.it has already connected with 50 crowdsale projects, six of which have joined its programme. The firm plans to launch ten start-up projects this year, and 30 more next year. 
Cofound.it, a distributed platform for startups planning crowdsales, has today announced that its token pre-sale has reached its capacity of $5 million in just three hours with more than 1,200 priority investors. The pre-sale leaves less than $7 million remaining for investors in the token crowdsale, which will commence on June 7, 2017.

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Jan Isakovic

Cofound.it CEO and co-founder Jan Isakovic said: “We are humbled and grateful to our community for the amazing and immediate success of our token pre-sale. It’s proof that many supporters share our vision of a distributed venture capital platform and our belief that the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term space must build it.”

Cofound.it has also announced that it already connected with more than fifty crowdsale projects, with six currently accepted to the program. The company plans to launch at least ten startup projects this year, with an additional thirty projects expected to be launched in 2018.

The first three projects are:

• Santiment, a crowd sentiment data platform that lets users access and share valuable financial information to help them make faster crypto-trading decisions with greater confidence. Santiment’s month-long crowdsale will commence on June 30, 2017.

• Musiconomi, the expansion on the platform built by the Musicoin Project. In addition to enabling musicians to release their work, create simplified licenses, and get paid directly and immediately for each play, Musiconomi will give entrepreneurial music enthusiasts a chance to participate in the growing music economy, as well as provide a world-class streaming service to listeners.

• X8currency, a stable digital stable currency backed by a diversified investment portfolio of fiat currencies. X8currency will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term artificial intelligence (AI) technology and aims to provide a safe haven for crypto investors.