ICOVO- The World’s First ICO Platform Implementing DAICO

luongthehung (7)in #icovo • 6 years ago

I. What is ICOVO ?

ICOVO is the world’s first and only ICO platform that can actualize healthy ICOs. The core of its service is the DAICOVO smart contract, which is based on the concept of DAICO, which was advocated by Ethereum co-founder Vitalik Buterin in January 2018.

Each country’s government is advancing regulation in order to create a healthy environment for ICOs, but this is difficult to achieve for borderless ICOs using only centralized regulation.

We will solve fraud and decrease in project motivation – the problems raised by ICOs – through the decentralized approach of DAICO.

With the mission of having all ICOs use DAICO, we will develop and open source DAICOVO, which is aligned with the thinking behind DAICO.

Concept

In order to achieve our mission of soundly cultivating ICOs into "the very core of the ecosystem

necessary for hatching innovative blockchain-related startups" that will create the future, ICOVO

must become a next-generation global standard for ICO platforms that is truly valuable to both

innovative blockchain-related startups and ICO investors.

At the same time, we will make the ICOVO framework the global standard by proposing a new,

centralized-decentralized hybrid management framework to central governments around the world

currently seeking to develop healthy ICO environments through centralized methods.

What is DAICO?

Proposed by Ethereum co-founder Vitalik Buterin on 6 January, 2018, a DAICO is a model that uses

decentralized methods to prevent planners from dishonestly using funds raised through an ICO. In

ICOs using tokens that conform to the ERC20 standard, smart contracts are used to limit the amount

of funds raised that project founders can withdraw per unit of time, and if the project is canceled

for whatever reason, the remaining funds can be returned to the ICO investors if a consensus is

reached.

II. ICOVO App

ICOVO's iOS/Android-compatible smartphone app(ICOVO Wallet in iOS and ICOVO Wallet PLUS in
Android) is a native and web hybrid. It includes the world's first (as of January 2018) local wallet
that can easily manage ICO list information and all ERC20/ERC223-compliant tokens. It is compatible
with DAICOVO and comes with functions that allow project founders to easily draft and conduct
voting on fund management
III. ICOVO Web

ICOVO Web is a website for ICO project founders to list their ICOs for investors. It thoroughly
protects ICO investors and lists only ICO projects that comply with ICOVO requirements. The criteria
for listing on ICOVO are the utilization of DAICOVO, planner KYC/AML as required by ICOVO, and
disclosure of the progress of the project.
The biggest feature is whitepaper versioning using IPFS. All the whitepapers of ICO projects
listed on ICOVO Web are managed by IPFS. Whitepaper versioning through IPFS storage makes it
impossible to tamper with whitepapers later on. This means that even if investors fail to download
the whitepaper before the ICO or lose it, they can always verify whether the project is proceeding
according to the original whitepaper, and if it is not, they can draft and vote to have their money
refunded.
IV. Service Overview and Organization

DAICOVO: Smart contracts implementing the DAICO model
ICOVO App: A smartphone app featuring a wallet optimized for ICOs
ICOVO Web: An ICO listing site with thorough ICO investor protections
V. MISSION & VISION
Increase ICO Transparency and Protect Investors
Reduce Barriers for ICO Participation
Increase Project Durability
VI. TOKEN
OKEN SALE: 24 SEP — 1 DEC
Ticker: OVO
Token type: ERC20
ICO Token Price: 1 OVO = 0.30 USD
Fundraising Goal: 13,300,000 USD (60,360 ETH)
Total Tokens: 200,000,000
Available for Token Sale: 60%
VII. Roadmap

VIII. TEAM

CONCLUDE :
This is a really worthwhile project to invest in. Currently I own a group of more than 10,000 active members, I will introduce this project to them so that they can invest in their own income. If you follow me then I’m not sure that will help you rich. But I am sure that you will not regret following this project
For more information :
Website : https://icovo.co/