ICOVO: SAFEGUARDING AND PROTECTING THE FUTURE OF ICOs AND INVESTORS
The world of ICOs and Blockchain is still pretty unregulated, because of that, it is easy to damage the reputation of an ICO. This can happen for a wide variety of reasons – from false scam accusations to the unclear roadmap, or token use. So setting up an ICO is not an easy task. There can be a lot of bumps down the road so it is essential to make sure that everything runs as smooth as possible in order to attract and sustain investors. This is why ICOVO platform is highly recommended for its rich ideas.
ICOVO is a blockchain-based platform dedicated to supporting healthy ICOs with the aim of protecting investors by introducing a fundraising management system that will help improve transparency of ICO projects and founders, thus providing a sustainable environment for ICOs and investors. This will be actualized through the platform’s implementation of DAICO
DAICO is formed from the combination of two acronyms DAO( Decentralized Autonomous Organization) and ICO( Initial coin offering). DAICO helps to put in place more stringent management rules for ICO projects to avoid risks for investors, through rigorous rules. It allows token holders to vote for reimbursement of contributions if they are dissatisfied with the development process of the project development team.
With DAICO projects, the developer team will be subject to a degree of responsibility to the investor and helps the token owners to be more secured and guaranteed to be product of minimum profitability or to be refunded.
Features of icovo platform and how it can actualize its vision
The platform offers DAICOVO, ICOVO Web and ICOVO App which will help it actualize its vision of propelling ICOs, improving products durability and reducing barriers for participation.
DAICOVO offers smart contracts optimized for ICOs adopting the DAICO model; It will make refunding possible, and its implementation with KYC/AML will help gain the trust of investors which is very healthy for ICOs.
The ICOVO App is a smartphone app featuring a wallet optimized for ICOs. It comes with a function that enables project founders conduct vote on project management. With this app, project founders who hosts ICO on the ICOVO platform don’t need to develop new wallets for their tokens. It also has an interface where tokens can be traded within the platform.
The ICOVO Web presents an avenue for project founders to list their ICOs for investors. Investor’s safety can be rest assured as only project that fulfils the platform’s necessary requirements will be listed. And with the availability of IPFS (Interplanetary file system) the whitepaper procedures will be duly monitored.
Furthermore, investors will be encouraged to use the OVO token to purchase tokens of ICOs listed on the platform as they’d be a 25% discount attached, and this will also go a long way in increasing the token value.
In conclusion, ICOs listed on the ICOVO platforms will attract its much needed investors because of its DAICO implementation, and investors on the other hand will have much control of their investments which is a win-win situation for both parties.
For more information on ICOVO, do well to visit the links below:
Whitepaper: https://icovo.co/whitepaper/20180831_wp_service_en.pdf
Ann: https://bitcointalk.org/index.php?topic=4468796.0
Web: https://icovo.co/
Twitter: https://twitter.com/ICOVOCO
Facebook: https://www.facebook.com/icovoco/
Reddit: https://www.reddit.com/r/ICOVO/
Connect with me on telegram https://t.me/cosmarteh and bitcointalk https://bitcointalk.org/index.php?action=profile;u=1831759
Your questions and comments are welcomed.