That vision – called Breathometer – ultimately failed in its initial mission, and had to settle with the US Federal Trade Commission because its claims on the accuracy of the device weren’t met. It then pivoted to become an oral health monitor and is still in business.

Charles Michael Yim was the first person on popular business TV show Shark Tank to have all five sharks invest in his company, which offered a smartphone solution to check your blood alcohol levels after drinking.

But the man who survived the Shark Tank and the FTC is now back with a new product. Cointopia is an ICO management platform, envisioned as a marketplace connecting entrepreneurs with the resources they need to launch an initial coin offering (ICO) and flourish in the post-ICO marketplace. The solution is supported by investors including Jed McCaleb (Stellar, Ripple), Brock Pierce (EOS, Blockchain Capital), Gil Penchina (super angel on AngelList, Wikia, eBay, Paypal) and others.

“As with any new growth industry, the companies selling the ‘picks and shovels’ always win,” said Penchina, one of Cointopia’s advisors and investors. “Cointopia is building the tools that every cryptocurrency company needs for not only a token sale, but for ongoing community building that is essential to long-term success.”

Charles Michael Yim talked with Block Tribune about the project.

BLOCK TRIBUNE: This service, it’s designed for people who have an ICO that’s ready to pop? Or is it for startups without even a white paper, or both, or none? Tell me a little bit about how this works.

CHARLES MICHAEL YIM: So, in a nutshell, what Cointopia is, is it’s a token platform and it really focuses on three things. So, one, yes we do the token sale, but B. the main differential for us is that we focus on the post ICO management solution. So, what does that mean?

After you’ve conducted a successful ICO, then from there, what’s important is to 1. (A) manage your tokens, right? You’ve gotta track your tokens, figure out where the distribution is. A lot of people are operating off of spreadsheets right now so it’s very manual, while we intend to digitize that entire experience.

2. Investor relate, or for token purchaser or token buyer relations, a lot of these ICO companies they ICO and then the token purchasers/buyers, they don’t hear from this company ever again. So, just like an ICO, you need to communicate to your investors. The same goes for the token holders.

3. We also help drive token value through the actual community that we’re building so we’re onboarding 25,000 credit investors. We have a multi-billion dollar actual pipeline and we have these service providers, which I’ll touch upon in just a minute. But, essentially, we drive value to the token through the community, right? So, we have the community involved. They’re engaged. We’re constantly giving feedback, and so the company in question … They constantly continue to build the value and keep the community engaged.

Fourthly, we provide insight/analytics … So, in terms of performance of the token, is it going up, is it going down? Why is it trending that way? Right? Is it every time there’s a news pop? Is it every time there’s a new development? And, so, there’s not … No one is really actually providing this type of solution in the current market. So, it’s a complete white space.

And, then three, … The third piece of the platform, which addresses your question … Whether you’re a fully baked ICO, or whether you’re just a guy with an idea and need to do your white paper or maybe you’re a Fortune 100 company … We take them all. Right? As long as the quality is there, and we’ve proved that all our ICOs that we list on our platform. We’ve gotta make sure (A) they’re compliant, meaning that they’re essentially, the space is about to be regulated, but their utility token or security token, they’re abiding by the guidelines. But, imagine [inaudible 00:03:58] case is, if you’re a guy with an idea, well, you can come to our platform. We have a service provider marketplace, so Sync, Yelp, Sync, Elance or oDesk, you can go ahead and put in or put out a bid, essentially an offer, right, a request and say, “Hey, I need a whitepaper author”.