Ever since the launch of Bitcoin in 2009, developers from all corners of the world have been working on developing and improving the crypto industry for its potential to revolutionize the financial industry. Of course, there was only a handful of them at first, but over time, more and more people were attracted by the potential of this tech.
In 2015, the launch of Ethereum shifted the attention to blockchain technology, leading to hundreds, if not thousands of use cases for digital currencies and blockchain. The potential of this technology is virtually limitless, and while many of these use cases are still theoretical, many were already made into reality over years of development and experimentation.
Of course, being as big as it is and with such fast development, it is easy to overlook even some of the best companies while they are in their early stages. Cosimo X dedicated its efforts to identifying such firms and helping them get started with some much-needed investments. Today, we decided to take an in-depth look into the project and see what it is all about.
How Does Cosimo X (COSX) Work?
Cosimo X is a project that uses the power of tokenization to create new opportunities for its investors. Essentially, the project wishes to achieve two things — ensure that its own investors would profit, and help contribute to the creation of a global decentralized economy.
It achieves both of these goals by identifying companies in the blockchain sector with great potential to bring a change in the industry and deliver innovative technologies that can help change the world. It then invests in them, and in doing so, it provides financial support and it allows them to gain the necessary exposure for others to turn to them, as well.
With these companies using the exposure and investment to grow, Cosimo’s investment pays off, and its own investors get to benefit.
What Problems Does Cosimo X (COSX) Solve?
To start off, let’s take a look at what changes this project brought, and what it has to offer to the broader blockchain industry.
The world’s first tokenized evergreen fund
Cosimo X calls itself the world’s first tokenized evergreen fund. It is a blockchain-focused venture fund that invests in blockchain-enabled opportunities that aim to help build the next wave of the internet.
Investing in blockchain-enabled opportunities
As mentioned, Cosimo has been seeking opportunities in the blockchain industry, investing in both, digital assets and blockchain companies that had real potential to contribute to the development of the industry, improvement of other industries with which the blockchain technology started coming into contact, and also in companies that provided unique solutions to problems that seemingly had no solution before this technology emerged.
Blockchain’s potential is nearly limitless, and Cosimo focused on finding the opportune firms ever since it emerged.
Pushing the development of a decentralized economy
By investing in digital assets and blockchains, the project has been providing investors with exposure to exceptional teams that were using blockchain technology to change the world for the better, automatize processes, reduce the costs of payments, make payments instant, remove various intermediaries that were collecting the money from companies and users alike while simply serving as middlemen, and more. In doing so, it pushed the development of a fully decentralized economy that is the hope for the future even today.
Benefits of Cosimo X (COSX)
Next, let’s talk about the benefits that Cosimo X has to offer, as there are several things worthy of note here, such as:
Providing investors with exposure to exceptional projects
We talked about the company’s plan to invest in exceptional projects that have the potential to change the world with their technology or products. Well, the investors get to benefit from this as well, thanks to tokenization. Cosimo is the first tokenized, evergreen venture fund in the world, with the fund building on the partners’ history and expertise in the blockchain ecosystem, as well as their extensive track record as pioneers in founding and building deep tech companies.
Cosimo X invests with the plan to capitalize on the $37.5 trillion opportunity in the decentralized trust economy, and investors in the Cosimo X fund get early exposure to innovative and disruptive companies that are driving decentralization
It has been known to invest in tokens, rather than companies
Generally, the fund seeks to invest via preferred equity in firms that are building the next generation of technologies, services, and products in the emerging blockchain market. However, there are situations when venture capital equity is not the preferred investment vehicle.
In these situations, the fund still wishes to give exposure to the new blockchain tech, protocols, and networks, but it does it by investing in tokens, rather than companies, during the private stage, when there is often a discount on listing prices.
Expert investment team
Naturally, in order to find such companies and know when to invest, how much, and other details, Cosimo had to create an expert investment team, which is focused on delivering blockchain-specific value. It features the ability to conduct deep technical due diligence, it has a deep operating and investment track record, in-depth technical expertise in cryptography and distributed systems, the ability to access the best deals in early stages, and more.
Why is this important? Because it’s the investment team that seeks out investment opportunities, studies them and decides whether or not they are the right thing to invest in. Their decision to invest directly influences the Cosimo X investors’ ability to earn from the project, while the project’s reputation and future are on the line.
Bottom Line
Cosimo X is the world’s first tokenized evergreen fund, and in its years of work, it has achieved excellent results. This is not a project that can bring change with its own products, but it does it by pointing out the projects whose products can change the future. As such, it is both, an investment opportunity and a talent-spotting project, which is why we believe it is worth keeping an eye on who it chooses to support.
