Rate and Review Equity Funding Platforms
CoinList facilitates compliance and other technical issues on vetted initial coin offerings, or security token offerings, and was the platform behind the $257 million Filecoin token sale.
Every ICO on the CoinList platform goes through investor checks to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML), anti-terrorist, and confirm all investors are accredited. Investments are done via Simple Agreement for Future Tokens (SAFT) and there are no direct token purchases. Payment can be made in USD, ETH, or BTC.
As an example Coinlist recently published Props detailed document on the mechanics of their sale.
October 2018 the company announced its decision to make all the sales of tokens registered on the website 100% free for investors. CoinList is working towards creating a model that is aligned economically and is more sustainable.
They focus on accredited investors and with that - allow crytoassets as a means to meet net worth requirements for accreditation. Investors share securely share key information from their wallet to provide that they own assets worth over $1M.
The company was incubated by AngelList and founded in 2017. The funding platform connects startups to investors, and Protocol Labs. Founded by Andy Bromberg is the CEO, Graham Jenkin, COO, and Joshua Slayton
In late 2016, Protocol Labs planned an ICO for their FileCoin (FIL). Protocol Labs decided to work with AngelList to create CoinList, and August 8th 2017, the FileCoin ICO raised $257M on the platform which turned out to bethe largest ICO ever, at that time.