Review of the Cornucopia Project

WHAT IS CORNUCOPIA?

Simply put, Cornucopia is a privately-held index fund, dedicated to acquiring shares in private companies, ahead of their anticipated Initial Public Offering (IPO). What makes Cornucopia unique is that its investment strategy is dictated, and powered, entirely by swarm theory and the wisdom of the crowd, delivered courtesy of the technology that is being developed by Ignite RATINGS (IgniteRATINGS.com).

Acquiring shares in private companies before an anticipated IPO has always provided an exclusive set of accredited investors with the potential for large returns in a speculative asset class that has minimal correlation to overall market sentiment. As with any investment, evaluation and selection of the opportunities present are paramount to the success, or otherwise, of an investment. Utilizing the Ignite
platform, Cornucopia is able to leverage the wisdom of the crowd to rate and assess the best opportunities in the pre-IPO arena and, in theory, outperform any individual tasked with making the same decisions, thereby generating a higher return. Once the crowd has identified an attractive investment, the Cornucopia Index deploys capital by purchasing shares/options/warrants in the selected pre-IPO
company. When the Cornucopia Index closes a profitable position, its trading gains are shared with those members of the Cornucopia community that provided the analysis which contributed to the trade.

The result is an opportunity for all Cornucopia token holders to benefit from the profitability and growth of promising ventures which lie outside of the often volatile crypto ecosystem…a benefit normally reserved exclusively for accredited investors.

ESSENTIAL GOALS OF THE PROJECT

Provide a real-time ratings overview for non-listed, high growth potential pre-IPO companies, based on crowd-sourced sentiment
Trade and generate profits from the purchase and subsequent sale of pre-IPO shares, options, warrants etc.
Provide the marketplace with a source of unbiased opinions on pre-IPO companies
Disrupt the traditional ratings industry by leveraging and adding an asset class to the Ignite RATINGS platform
Provide exposure to a traditional asset class within the blockchain ecosystem

HOW DOES IT WORK?

• STEP 1
Pre-IPO opportunities are loaded into Cornucopia.

• STEP 2
Using the Ignite RATINGS system token holders rate assets and the quality of the rating itself.

• STEP 3
The Cornucopia index invests in the highest rated assets, as determined by the community.

• STEP 4
When an asset is sold, 50% of trading gains are issued to token holders which participated in the ratings process, 30% of gains are distributed back to the index.

How to contribute:

Contributors in our crowdsale may choose to purchase HORN tokens by one of the following methods:

ETH - ETH sent to our smart contract results in the issuance of HORN tokens directly to the contributor’s wallet address.

FIAT- we accept EUROS, USD and GBP to our bank account which is listed on the
website. Please note:
for FIAT transfers, we require a full Know Your Customer (KYC) procedure. Participants are issued HORN tokens once once KYC is passed and funds have cleared our account.

CoinPayments - We accept over 60 currencies via CoinPayments. HORN tokens are manually issued to the ETH address specified when you register your interest in the Cornucopia crowdsale..

TOKEN USE AND NECESSITY

The Cornucopia “HORN” token provides access to, and acts as proof of membership in, the Cornucopia ecosystem. HORN tokens permit the holder to participate in the rating and review process for pre-IPO opportunities that the Cornucopia ecosystem might be considering, and the number of HORN tokens held impacts the level of potential financial rewards one might be entitled to in return.

TOKENOMICS

• Tokens available: 200,000,000 - Unsold tokens are burned
• Hardcap: $15,000,000 USD
• Price per token: $0.10 USD per token
• Use of proceeds: Minimum of 80% raised to be deployed in the Cornucopia Index. A
maximum of $3,000,000 USD or 20% of funds raised will be used for operations (whichever is less)
• Type of token: ERC20
• Currency accepted: Fiat / ETH / Others (via CoinPayments)
• Exchanges: Yes
• Token Symbol: HORN
• Team / Advisor Lockup: 24 months

TOKEN DISTRIBUTION

HORN tokens are distributed as follows:

BONUS ROUNDS

Bonus lock: All bonus tokens are not tradable for 3 months. However holders can use the bonus tokens on the Cornucopia platform during that time to earn rewards.

PRESALE BONUSES (2 ETH MINIMUM)

• 2 ETH - 10 ETH
15% bonus (HORN Bonus Tokens subject to 3 month lock)

• OVER 10 ETH - 25% BONUS
25% bonus (HORN Bonus Tokens subject to 3 month lock)

CROWDSALE BONUSES (0.1 ETH MINIMUM)

• 2 ETH TO 10 ETH
5% bonus (HORN Bonus Tokens subject to 3 month lock)

• OVER 10 ETH
10% bonus (HORN Bonus Tokens subject to 3 month lock)

ROADMAP

• May 2018

• Complete Whitepaper

• August 2018

• Launch Crowdsale

• September 2018