Q: What is Cofound.it Priority Pass™?
Cofound.it Priority Pass™ is a way to give engaged supporters early access to token pre-sales for projects that have been evaluated and approved by Cofound.it. Currently, you need at least 5,000 CFI tokens in your contribution wallet to activate your Priority Pass membership.
Q: How do I become a member?
If you've never participated in a token crowdsale before, please start here to learn how to become a crowdsale contributor in 3 easy steps. Once you set up an Ethereum wallet, head over to this guide on how to buy CFI tokens on Bittrex.
Q: What are the current prerequisites for becoming a Cofound.it Priority Pass™ member?
In brief you will have to do the following:
- Create a ERC20 token compatible wallet - MyEtherWallet is a good choice [step-by-step guide]
- Buy 5,000 or more CFI tokens on one of the exchanges (Bittrex or Liqui) [step-by-step guide for Bittrex]
- Transfer CFI tokens to your wallet
- Register your wallet on our dashboard [step-by step guide]
Q: So all I have to do is transfer 5,000 CFI to my wallet to become a Cofound.it Priority Pass™ member?
To make sure you'll be added to the pre-sale whitelist, please create an account on our Priority Pass dashboard and add your wallet to your account. The dashboard makes it super easy to see which pre-sales you have unlocked and keep track of pre-sale start times.
Q: Is the requirement of 5,000 CFI fixed for all future pre-sale?
No. We started with the 5,000 CFI limit, but we might change the requirement for future pre-sales based on token value and your feedback. We are constantly listening to our community how to better and more fairly design this process and implementing changes accordingly. Read the latest post on this topic here.
Q: How will I know if I have enough CFI tokens in my wallet for future project pre-sales?
You can always check your membership status and unlocked pre-sales by signing in to the Priority Pass dashboard.
Q: How do I confirm if my Cofound.it Priority Pass™ is active?
You can log into the Priority Pass dashboard to check your membership status. If you see your status as ACTIVE, you are all set. Otherwise you'll see instructions on what to do and/or what is missing.
Q: Where do I find the contribution address and when will it be known?
If you have unlocked a pre-sale, you can check the Priority Pass dashboard for the start block/time countdown. Once the counter runs out, a "Contribute now" button will be shown. By clicking the button, you'll be able to visit the project contribution page with all the necessary information.
Q: From which wallet can I contribute during the pre-sale?
In the pre-sale, use the wallet you added on the Priority Pass dashboard. Make sure you see the pre-sale you want to contribute to in the list of Unlocked pre-sales.
Q: Can I change my wallet address and how?
Yes you can. Look for the "Change wallet" link in the upper-right corner of the box displaying your wallet address in the dashboard. Note that afterwards your contribution wallet address will be changed - meaning that your ETH contributions during pre-sale phase will only be accepted from the wallet address which is currently registered in the dashboard.
Q: How does the system of Priority Pass work?
This is a great question. Just for this purpose, we've created a detailed article explaining all the inner workings of entire crowdsale proces including inner-workings of Priority Pass system. You can read it here.