CoinList Says Taken Sales Are Back

Token launch platform CoinList is rolling out its first offering of 2019.

Announced Thursday, Ocean Protocol, a decentralized data-sharing protocol, is aiming to raise $8 million at 25 cents a token through the CoinList platform. The sale starts March 1 and is open to accredited U.S. investors and international buyers, Coindesk reports.

CoinList, which raised $9.2 million in 2018 in a Series A, has evolved its own business too, Bromberg said; from making the platform free for token buyers to a rather significant remodeling of its raison d’etre.
“We are no longer providing investment advice to the investor. We are merely vetting projects — allowing investors to do their own due diligence. We are providing marketing services.”

The protocol is supported by a Singapore-based non-profit that raised 16 million euros in a pre-launch token sale in March 2018. Pon told CoinDesk the token wasn’t released at the time so as to comply with U.S securities laws.