Blockchain Startup Incubator Cryptfunder Announces Platform and Token Sale

Cryptfunder platform sets new standards for ICOs thoroughly selecting genuinely innovative projects from the zillions of others introduced to the market.

Until now, the prevalent method for blockchain startups to raise funding for their project has been through initial coin offerings (ICOs). Since 2017, that market has exploded in size, introducing new challenges for the industry and ICO participants.

Challenges in the Industry

It’s worth noting that the ICO era is still in its infantile stages, with governments and institutions around the world still wrestling with how to classify tokens, tax them and regulate the industry for consumer safety.

In some countries, this has resulted in stifling ICO and exchange bans. However, as mentioned before, the industry has made very new and decisive progress on the matter.

Regardless of the ongoing bureaucratic and political discourse, ICO ‘fever’ isn’t letting up, in fact, it’s growing at quite some pace. ICO funding in 2017 managed to make over $5 billion USD in total, and that figure has already been surpassed this year – by the end of March 2018, 200 hundred ICOs had managed to accumulate 6.3 Billion USD.

With regulations entering the space, the likelihood is that scam and fraudulent ICOs will thin out, and soon there will be a dizzying amount of legitimate and genuinely innovative ICOs on the market. In addition, too much choice could be a problem for investors and the startups attempting to raise funds for their projects, which could inadvertently cause a creative startup to go unnoticed.

Cryptfunder Improving Upon ICO Standards

As the industry evolves, it’s necessary for market practices to do so also, and some are attempting to shake-up traditional ICO participation conventions – some like Cryptfunder.

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The Cryptfunder project is tackling the present practices by developing a platform that plays host to a carefully vetted ICOs selected by it expert analysts, who collectively possess broad and substantial industry experience.

Cryptfunder believes in the blockchain community, as well as aiding in the funding of ICOs that go above and beyond the established mold, show great promise, and have a demonstrably bountiful vision for their future. The analysts will be able to determine which ICOs are appropriate for the platform by examining the above factors and real-life/real-world applications of the respective projects, the utility of the technology proposed, and the team behind the startup.

The Cryptfunder platform will have three key ‘modules’ as part of its infrastructure and ecosystem, to provide the highest quality of ICOs, transparent ICO performance data and a carefully curated portfolio of 30 other cryptocurrencies to back the value of the platform’s native token CFND.

The CF30 list is the name of the portfolio, as mentioned above. Cryptfunder will acquire these tokens using roughly 10% of the funds raised from the Cryptfunder ICO crowdsale. The tokens listed are a combination of top-tier, mid-cap and higher risk tokens; listed tokens will show the most exceptional growth, stability and projected long-term gain potential.

The ICO starter module will provide ICOs and other exchanges with funding in exchange for discounted pre-ICO or other tokens. Offering the top picks, Cryptfunder will be building its platform to be one that outperforms the majority of modern fundraising conventions.

Finally, the Performance module offers a unique means for Cryptfunder to publicly display its CFND and CF30 portfolio capitalization, as well as individual token holding and net growth gains.

Cryptfunder Token Sale

The Cryptfunder ICO for the CFND token is begins today, May 25th, 2018, 9pm UTC and will run till July 8th, 2018, 9pm UTC, or till 20,000,000 CFND tokens have been sold. The initial value of CFND is 0.003 ETH per CFND.

Literally all the participants have the chance to benefit from bonuses depending on the date their investment is done. Early birds (contributions made before May 29th) will get the largest 15% bonus, while those, who decides to invest after June 9th will receive generous 2% – the bonus rate falls gradually each 4 days of the event. Investors with contributions made after June 14th buy CFND  at standard rate.

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Hada Dbank Secures $1,000,000 Investment From Uberstate

Hada Dbank has secured their first corporate client, Uberstate. The result was a purchase of $1.000,000 worth of HADA coins.

This achievement occurred 2 weeks into their token sales, which is to be live for 5 days more. Tokens were sold at 3000 coins per ETH for the first 1 million, with remaining being sold at 1500 coins per ETH. Uberstates purchase, which was equivalent to nearly 2.4 million coins, had no effect on the public sale.

Chairman and Interim CEO of Hada Dbank, Hisyam M stated:

“We are ecstatic on the purchase of HADACoin and to forge a partnership with Überstate by having them as our corporate client which is a mark of confidence on our Banking project. Having 2 blockchain-based projects working together is the true meaning of blockchain economy that represents 1 of the spirits of blockchain in general, sharing economy. We’re looking forward to work with Überstate in servicing their clients in the nearest future and to forge more partnerships with not just blockchain-based but also common entities in our effort to introduce HADA DBank Banking products and services to the mass market.”

Hada Dbank allocated 50 million coins for the pre-ico, 225 million for the ICO, and 20 million for institutional and retail investors. There are still plenty of coins left for institutional investors as Hada DBank continues to aim for their 5000 ETH soft cap and 30,000 ETH hard cap.

Power of Fraction and Tokenization

Uberstate is a real estate cloud funding platform, that looks to revolutionize the way real estate investing is conducted. Typically, there’s a high barrier to entry to real estate as properties can be quite expensive. Uberstate looks to lower the barriers with direct fractional ownership. For the first time, people will be able to own portions of a property, similar to how fractional stocks represent bits of a company.

This is made possible through the company’s real estate investment token, where each token is backed by large-scale hospitality based assets and businesses.

Everybody knows that the sale and transfer of property’s ownership is a tedious process, which requires lots of time and paperwork. Also, sheer number of fees are involved, as people usually need the assistance of a real estate agent.

In its intention to address the issue, Uberstate designed its tokens in such a way, so that they could not only make ownership of properties more accessible but also allow for the sale and transfer of properties to be much more frictionless.

Tokenization of assets not only allows the transfer and sale of properties to be more liquid, but the speed at which it’s done is much faster. Transaction costs are also much lower since all that’s being moved are tokens. What used to take weeks could now take minutes.

The investment platform is 100% automated, allowing investments directly into large-scale commercial real estate and businesses. Of course, investments of this size and volume need a reliable banking platform behind it – Hada Dbank.

Uberstate CEO Jess Davis commented:

“Überstate views HADA DBank as a partner in every respect in the blockchain banking industry. We are very confident in the abilities of HADA DBank to full fill its mission as an Islamic bank on the blockchain and help evolve current the state of the banking industry internationally. We would like to thank DE Asset Management and F1 Cryptos for their role in thistransaction and acknowledge Both Michael Buchbinder and Darrell Emmanuel as thebrokers of record in this transaction and the fidelity of all parties involved.”

Uberstate is announcing a token sale, with exact dates to be made public soon.

Meanwhile, Hada Dbank will continue to seek partnerships and clients, as the token sale continues. There’s around a week left of the ICO’s stage 1, with 2.5 million coins sold.