Cofound.it Token

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Cofound.it Token Review

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of Cofound.it Token consists of three chapters: origin, technology and pros & cons.

Origin

One of the trickiest realities of entrepreneurship and business start-ups is that very few start-ups make it to the level of a fully developed business. The rate of failure for startups is high and this is not just demotivating for entrepreneurs but also raises questions as to what went wrong. Thankfully, the world of digital currency has developed a platform whereby startups can get connected and take advice/review from the relevant groups of people. This is the idea behind “Cofound.It – Actionable Research” that was launched in April 2018.

Here we explore it in more detail.

Technology

Cofound.It is basically a block-chain based platform that connects startups with investors as well as potential users, i.e., the early adapters. Both of the stakeholders are critical for launching a product successfully. As investors provide funds and users have to experience the product, a well-thought out pre-launch exercise helps in addressing the loopholes in the project proposal.

You pitch your idea to Cofound.it Actionable research. If the team selects it, your product will be presented to a community of early adopters who will rate it on a standardized questionnaire. Some of the areas covered in the questionnaire are inspiration, trust, boredom, satisfaction, doubt, annoyance and disappointment about the product attributes. The response of this questionnaire will constitute a data set that will help you come up with better decisions. Also, the philosophy behind this unique crypto currency platform is “Build – Measure – Learn” cycle. The feedback given by the community base of Cofound.it helps startups do the following:

  • Design better products by focusing on what is critical to your customer.
  • Reward fans and promote your products for early adopters.
  • Perform a SWOT analysis and examine your market position, by comparing with other market players.
  • Attract investors.

The feedback system caters to the need of reliable data for start-ups. Furthermore, the reward system at Cofound.It helps the startups engage with true fans who can actually become product ambassadors. The rewards are also in the form of CFI tokens or T-shirts. This further reinforces the use of platforms in the mind of users.

Pros

  • The unique idea of providing real, authentic data for startup as well later stages of business has great scope.
  • The team behind Cofound.it Token has immense experience with startups.

Cons

Like other emerging crypto currency ideas, Cofound.it and the Cofound.it Token might take some time for the right users to adopt do.

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If you have concluded that this is the coin for you, congratulations! Good luck! Buy Cofoundit. Token here.

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