Cornucopia.io (HORN)

Privately-held Index Fund

Review Score
2.60/5
ICO Price
0.1 USD
Pre ICO Price
N/A
Soft Cap
N/A
Hard Cap
15,000,000 USD
Start Date
1 July 2018
End Date
1 August 2018

What is Cornucopia.io?

 

Simply put, Cornucopia is a privately-held index fund, dedicated to acquiring shares in private companies, ahead of their anticipated Initial Public Offering (IPO). What makes Cornucopia unique is that its investment strategy is dictated, and powered, entirely by swarm theory and the wisdom of the crowd, delivered courtesy of the technology that is being developed by Ignite RATINGS (IgniteRATINGS.com).

Acquiring shares in private companies before an anticipated IPO has always provided an exclusive set of accredited investors with the potential for large returns in a speculative asset class that has minimal correlation to overall market sentiment. As with any investment, evaluation and selection of the opportunities present are paramount to the success, or otherwise, of an investment. Utilizing the Ignite platform, Cornucopia is able to leverage the wisdom of the crowd to rate and assess the best opportunities in the pre-IPO arena and, in theory, outperform any individual tasked with making the same decisions, thereby generating a higher return. Once the crowd has identified an attractive investment, the Cornucopia Index deploys capital by purchasing shares/options/warrants in the selected pre-IPO company. When the Cornucopia Index closes a profitable position, its trading gains are shared with those members of the Cornucopia community that provided the analysis which contributed to the trade.

The result is an opportunity for all Cornucopia token holders to benefit from the profitability and growth of promising ventures which lie outside of the often volatile crypto ecosystem…a benefit normally reserved exclusively for accredited investors.

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