Cornucopia (Cornucopia) Review

The world of investments has traveled far in a very short amount of time. Only a few decades ago, only a handful of people had access to the markets, and investing in various companies was seen as something that only the rich could ever afford. This all changed drastically with the arrival of the internet when the markets moved to the online world.

Suddenly, anyone could invest in anything. Major companies' stock is still extremely expensive, and not just anyone can purchase them. However, there are countless startups whose stock can be purchased or sold for only a few dollars, and in some cases — even a few cents. This changed yet again when the cryptocurrency came around and became big, with people willing to invest in various coins through ICOs, IEOs, STOs, and other token sale models.

With that in mind, investing is now easier than ever, but also riskier than ever before, especially if there is will to invest, but not enough experience to make a good call. This is something that a project known as Cornucopia aims to change.

About Cornucopia


To put it simply, Cornucopia is a privately-held index fund that aims to acquire shares in private companies prior to their IPOs. However, what makes this particular index fund unique is its investment strategy. The project will not have a handful of experts that would make all the calls. Instead, it would use the blockchain and its community who would dictate the index fund's actions. In other words, the project aims to use the swarm theory and the wisdom and knowledge of the crowd.

Purchasing shares before IPOs is an excellent way of making a profit, but in order to do so successfully — the investor needs to know how to recognize a project or a company that has potential. Evaluation and selection of various opportunities are crucial, and many tend to make the wrong call and lose their investment.

This is something that Cornucopia plans to change with its platform and provide all of its participants with significant profits, relying on the experts' knowledge and experience. The community will choose together and make profits or experience losses together. However, due to the fact that the crowd is likely to have quite experienced investors, it is far more likely that the index fund will make the right call more often than not.

Cornucopia ICO details


Cornucopia has not yet announced the time and date of its ICO, although the token sale should be held at some point in the future. The project's token will be known as HORN, and it is a utility that is being developed on Ethereum's network, which makes it an ERC-20 token.

Its ICO price is also already known, sitting at $0.1 per token. Interested investors will be able to obtain it in exchange for Ethereum (ETH), as well as for fiat currencies. The token sale's soft cap will be $3 million, while the hard cap is set at $15 million.

The project is registered in the British Virgin Islands, and it has no restricted areas as of yet. Whether or not this might change in the future remains to be seen.

Author: Ali Raza for Crypto-Rating.com

Cornucopia
StartJune 1, 2019
EndAugust 31, 2019
Expired

I don't know about you guys, but something tells me that Cornucopia has flopped, or that is was a scam all the way from the beginning. Here are some of the reasons why I've arrived at this conclusion: the official website has been inaccessible for a very long time; nearly all profiles of team members don't have a single mention of Cornucopia, except for the one of its founder, Carsten Klein, but the guy is also involved in a bunch of projects. So, my condolences to all those who invested in this startup before it went bust. Better be smarter next time.

Nicole   August 6, 2019  

Although I think that relying on the “wisdom of the crowd” is ridiculous in most cases, I can agree that it might be efficient, if the crowd is comprised of more or less competent people. But that is rather an exception to the rule...There is another question at hand. In case the potentially profitable IPO fails, who will bear the responsibility? The crowd? Well, that quite a creating way to shun the blame for losses. The rule of thumb for any smart investor is to think for himself never listen to the crowd.

Aidan   July 19, 2019  

Cornucopia kinda reminds me of the Wolf of Wall Street movie in the part where the Stratonites lured and gullible and unsuspecting people into devoting their money to some shady projects, labeling them revolutionary. Who are these experts who will advise the community? Did the project reveal their names? Oh wait, the Cornucopia website can’t be accessed along with the project info. Cheerio to those who had already invested in this project!

Joe   July 3, 2019  

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