We believe it’s an issue of timing. Right now, the conditions are great for a project like Cofound.it, the ICO space is exploding and we have an window of opportunity to be the first mover in this space and accelerating it further. If we delayed till the platform launch somebody else could have taken over the space, lessening the chances for success.
To have a maximum chance of success we estimate that we need to spend around 1-2M for platform development and geographical expansion. Our goal is to have a Cofound.it mentor in every blockchain hotspot in the world, to find and work with the best local teams.
That is not something the ICONOMI shareholders have signed up for. We believe that a new ICO with clear goals is the best way to find investors aligned with Cofound.it vision, not ICONOMI’s vision.
My 2 centz:
... reducing my share, at the moment some things seem to have to be clarified.
Iconomi is unfortunately no longer what I imagined six months ago.
This is not necessarily bad, but I might be looking for something else.
The next weeks will probably offer new entry rates, if I am not mistaken.
ICONOMI 6 months ago did not include mentoring program. It was established, tried out, seen that it could be improved with more focus, combined with Cashila know-how and platform and new team members platform into a new entity, retaining 10% for ICONOMI.
While I was in the cave, I have this assumption that things are getting better in the ICONOMI. I would gladly read any further comment along this line. I need enlightenment, please.
People are always pulling in and out of every coin. You should decide for yourself.