ICONOMI, a digital asset management company that recently raised $5 million in an ICO announced they will spin off their ICO mentoring program into a separate entity called Cofound.it.

The mentoring program was thought up by co-founders Jan Isakovic and Daniel Zakrisson. Since its launch in November 2016, the program has engaged with over 30 ICO projects and is currently working on a few of the most promising still yet to come to market.

It was noted that ICONOMI will keep a small share, but Cofound.it will hold its own ICO soon which will enable all interested investors to hold a stake in the ICO consulting business.

Tim M. Zagar, Co-Founder at ICONOMI said:

“Based on the interest the mentoring program received both from ICO projects and potential investors, it became apparent the problem the mentoring program is solving is not unique to ICONOMI, but is a challenge for the distributed economy ecosystem as a whole.” “Solving it should bring benefits not just to ICONOMI, but to all early ICO investors. That is why I am happy to announce that ICONOMI is spinning off the mentoring program as Cofound.it under the leadership of co-founders Jan Isakovic, CEO, and Daniel Zakrisson, Head of Evaluation & Mentoring.”

Jan and Daniel have already assembled a team of experts and launch partners that will help select and coach the ICO projects. The launch partners include Deloitte as an ICO evaluator for selected projects, Wachsman PR to help with PR and communication, and Novak Rutar Legal that will assist projects in finding and executing the best legal options.