Cofound.it, a platform which facilitates the training of promising blockchain start-ups from around the world, has announced six start-ups which have been chosen by its community to participate in the ‘Cofound.it Playoffs’. The start-ups will participate in the ‘live’ crowdsale event in Ljubljana, Slovenia on the 30th of November from 10am to 10pm CET, witnessed by Cofound.it Priority Pass members and other supporters. Each team will aim to raise up to $400,000 USD during the 12-hour long crowdsales, which will be open to Priority Pass members exclusively.
The six teams appearing at the Cofound.it Playoffs are:
•Datafund, an individual privacy platform.
•ENTX, a platform that provides fair market valuations of digital assets.
•Aversafe, a credential validation platform.
•Legacy, a ‘smart will’ and digital time capsule platform.
•Media Sifter, a news aggregator platform.
•UNICO, a digital scarcity platform.
David Prais, Head of Cofound.it Seed program, commented: “These teams are the first crowdsales for the Cofound.it seed Program. Support from our Priority Pass members in this early seed round is vital. Because these teams are at an earlier stage of development, all Cofound.it Priority Pass members supporting the crowdsales will receive a 100% bonus in Ethereum on their contributed funds,”
At the event, Priority Pass members will be able to contribute to the seed crowdsales of their favoured start-ups, aiding in the development of the teams and products in preparation for subsequent, public crowdsales. For every 1 ETH of tokens purchased at the Playoffs event, supporters will be issued 2 ETH worth of tokens during the full crowdsale. Besides the free tickets to available for Priority Pass members, the event will also be live-streamed for viewing by the global blockchain community.