CoinList is a renowned platform that facilitates the connection between investors and blockchain projects. Usually, the company subjects the blockchain startups to a thorough scrutiny process before recommending them to their clients. The latest project to receive accreditation from CoinList is the Origin marketplace protocol.
The Origin protocol is a platform that provides a base for the establishment of shared marketplaces. Primarily, it aims to produce projects that compete with established names such as Uber, Fiverr, Airbnb, and many others. The service operates on the Ethereum blockchain, and its primary objective is to equitably distribute the value obtained from the economies created to all members of the ecosystem.
Origin Fundraising Announcement: Register For Our CoinList Round ->https://t.co/s9qkST2jCF
— Origin Protocol (@originprotocol) June 18, 2018
After the completion of the development of the decentralized platform, Origin will shift its focus to registering additional participants. Notably, this process will be done as per the set regulations. In this regard, the company will conduct multiple funding rounds, including the much-awaited CoinList Round. The initial phase of fundraising, known as the Strategic Round, attracted an estimated 200 investors. The CoinList round is expected to bring a substantially more significant number of investors.
The primary goal of the initial stages was to involve investors, rather than collecting a specific amount of money. For this reason, Origin has managed to indulge a large number of investors without setting an unreasonable minimum investment cap. During the CoinList phase, the platform will seek to raise a total of $6 million. However, eligibility requirements to the early contributor's stage are stringent, given the strict nature of SEC regulations as well as the banning of token sales in individual countries.
Ultimately, the Origin platform intends to increase its popularity in the investor community. By collaborating with CoinList, the project has made a significant step towards realizing this dream. The registration process is currently ongoing, and the crowdfunding event is scheduled to kick off at the end of this month (June 2018).