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Wednesday, October 27, 2021
Home News Ethfinex and Cofound.it Collaborate to Bring Trust to Blockchain Economy

Ethfinex and Cofound.it Collaborate to Bring Trust to Blockchain Economy

Cofound.it, the leading platform for training the world’s most promising Blockchain startups, and Ethfinex, the community-focused ERC20 token exchange and information hub spun out of Bitfinex, have today announced a collaboration aimed at strengthening trust between crowdsale supporters and Blockchain startups. Based on a shared long-term vision to provide services that support the entire Blockchain ecosystem, Cofound.it and Ethfinex will identify, support, and promote the best projects in Blockchain space.

The collaboration will see innovative Blockchain projects selected, evaluated, and coached through Cofound.it Priority Pass. Tokens from Cofound.it project crowdsales will then be listed on the Ethfinex trading platform, providing greater liquidity to the currencies and ensuring the validity of the projects.

In addition, the collaboration will also let members of the Ethfinex community directly contribute to the presales of Cofound.it projects by utilizing Ethfinex’s token trading platform.

Ethfinex Project Lead Will Harborne said:

“Since Cofound.it works with only the highest quality, legally compliant projects, Ethfinex can offer our users the ability to contribute directly to the trusted projects they support, and subsequently, make the tokens immediately available for trading. The due diligence required to uncover real quality in a space growing this fast is extremely difficult, and building these networks of trusted partners is one of the ways we will solve this problem. The other way is through the analysis and discussion section of Ethfinex, where our users can contribute to the continuous vetting of these projects.”

Cofound.it CEO and Co-Founder Jan Isakovic said:

“Crowdsale projects have already raised more than $2 billion USD from supporters this year. In this increasingly crowded market, the process of meticulously evaluating crowdsales is crucial to ensuring quality and trust in the overall ecosystem, making this collaboration incredibly valuable to the Blockchain community. While Cofound.it projects and supporters will benefit from the enhanced token liquidity, Ethfinex supporters can gain access to some of the most highly-vetted projects on the market.”

The first Cofound.it crowdsale project to be listed on Ethfinex will be Etherisc, a decentralised insurance and reinsurance marketplace, with a number of other projects to follow.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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