Place/Date: George Town, Cayman Islands - May 21st, 2018 at 11:47 pm UTC · 3 min read
Contact: Kevin Sarisky, CEO – Cryptfunder, Source: Cryptfunder
At present, there is a heavy influx of startup blockchain companies that are missing the mark during critical stages of their beginning enterprise. Due to the sheer amount of token sales on the market, investors are unable to keep track of every genius disruptive startup, which in turn hurts investor and blockchain innovators.
Furthermore, the ICO market has been fraught with scams and bad press, creating skepticism and again, hurting not just this disruptive crowdfunding method itself, but also is massively damaging to the startups that offer something genuine.
Cryptfunder is a project designed to provide funding to carefully selected and vetted ICO startups.
Cryptfunder’s expert analysts will identify projects that demonstrate excellence and show great potential market value; this can be gleaned from the real-life or real-world application of the project, the utility of the technology proposed and the quality of the team behind the startup.
Cryptfunder wholly believes in the blockchain community and helping to fund ICO’s that break the established mold, exhibit strong fundamentals and demonstrate great vision for their future path.
The startup funding industry has little to no competition and Cryptfunder will endeavor to provide first investor level funding in exchange for highly discounted tokens.
Cryptfunder is made up of three “modules” that bring the ecosystem full-circle. They are designed to keep ICOs listed on the platform healthily funded, and increase as well as maintain the value of the Cryptfunder native token CFND, and allow for investors to view the performance of the CFND token and other holdings/values on the platform.
The CF30 List: Cryptfunder will create a portfolio of thirty other tokens that are to be purchased using roughly 10% of the Cryptfunder ICO crowdsale funds; the tokens selected for the list will be a combination of top-tier, mid-cap and higher risk tokens. Those listed will show the most exceptional growth, stability, and long-term gain potential, serving as backing for the value of the CFND token.
ICO Starter: Cryptfunder will provide ICO’s and other exchanges with funding in exchange for heavily discounted Pre-ICO or other tokens; the Cryptfunder platform will offer the top picks from the blockchain ICO market in a valiant effort to outperform the majority of traditional fundraising standards.
ICO Performance Module: This module is a unique way for Cryptfunder to publicly display the CFND token and CF30 portfolio capitalization, individual token holdings and net growth gains to CFND token investors and holders.
The core mission is to fund the most cutting edge and disruptive technology ICO’s in exchange for their tokens; there will be a minimum of 3-5 funding rounds every month which will increase as the platform grows and improves, alongside the application and funding process.
The Token Sale for the Cryptfunder native token CFND begins May 25th, 2018, 9pm UTC and ends July 8th, 2018, 9pm UTC or after 20,000,000 tokens have been sold. The initial value of CFND is 0.003 ETH per CFND, with a total of 40,000,000 CFND tokens, and half of those (20,000,000) are available for the token sale.
Participants are also eligible for generous bonuses depending on how early they enter the sale, and the bonus structure is as detailed below:
Disclaimer Cryptfunder is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Cryptfunder token sale is closed to US participants and participants of all countries in which ICOs are illegal.