ICOVO - The World’s First ICO Platform Implementing DAICO

ICOVO is that the world’s 1st and solely ICO platform that may actualize healthy ICOs. The core of its service is that the DAICOVO sensible contract, that relies on the idea of DAICO, that was advocated by Ethereum co-founder Vitalik Buterin in Jan 2018.

Each country’s government is advancing regulation so as to make a healthy setting for ICOs, however this can be troublesome to realize for borderless ICOs exploitation solely centralized regulation. We will solve fraud and reduce in project motivation – the issues raised by ICOs – through the localizedapproach of DAICO. With the mission of getting all ICOs use DAICO, we are going to develop and open supply DAICOVO, that is aligned with the thinking behind DAICO.

One is on-line media

Blockchain Insight(http://blockchain-insight.ch/). this is often our crypto market- and blockchain-related in hand media, primarily for information associated with achieving a healthy ICO surroundings and technical information associated with the blockchain. By sharing quality- instead of quantity-based content, we tend to aim to create this a highly-reliable, factual industry-standard medium.

The other is physical media

coworking areas for startups. We will increase ICOVO's name recognition by providing physical places for blockchain startups. Specifically, we tend to will provide blockchain startup-dedicated coworking areas in Zug, European country, Tokyo, Japan. We decide to support startups possessing advanced technology. These coworking areas will provide associate Ethereum testnet, full node storage and a lot of, additionally as create it doable to put in test-stage blockchain, IoT, and AI hardware for debut a nextgeneration society. Naturally, all paid services within the coworking areas will settle for payment by ETH or OVO. Blockchain-related startups approved by ICOVO will be ready to use these for complimentary.

Increase ICO Transparency and defend Investors

We aim to safeguard ICO investors by introducing a fundraising management system and increasing the transparency of ICO project founders additionally because the comes themselves.

Marketing

ICOVO's shoppers ar innovative blockchain-related startups. the foremost economical thanks tocommunicate ICOVO's services to them isn't to travel to them to inform them however to possess them return to access ICOVO's service information.

Structure of the DAICOVO Smart Contract

Decentralized Token Management

• We will produce DAICOVO, a creative smart contract incorporating DAICO’s basic plan of localised token management.

• We will introduce a system that solely permits withdrawals consistent with the capital demand of a project’s pre-loaded schedule through a faucet system (setting associate amount which will be withdrawn per unit of time). this can forestall developers from running off with raised funds.

• In the event that associate capitalist notices a retardant with the project, they're ready to retract their investment that was raised underneath agreement as a refund.

Decentralized study Versioning

Versioning for study to not be tamperd is managed by heavenly body filing system (IPFS).

Team Member KYC/AML

We will increase ICO project team member’s transparency by providing ICO project team member’s KYC/AML on ICOVO web site in a very centralized technique.

Visualize Activity state of affairs

We will increase project transparency by quantifying social media activity and GitHub updates on ICOVO’s web site.

REDUCE BARRIERS FOR ICO PARTICIPATION

Create a stronger investment surroundings and scale back barriers

to ICO participation by unifying the investment method and therefore the format for information revelation.

Implementing native pocketbook

Implementing a secure native pocketbook in ICOVO's original ICO-specialized smartphone app, the ICOVO App, helps with understanding the participation method for sophisticated token sales and managing tokens.

Unifying Formats

ICO project pages and summaries of whitepapers on ICOVO’s web site presents information consicely, creating it easier to know for investors. Accessibility is increased by giving a outline of all the comesvictimization a similar format.

Reducing labor for KYC

Eliminate the necessity for ICO investors to try to to KYC on every occasion they invest. once theyparticipate in ICO project token sales on the ICOVO App, they perform KYC just once as ICOVO will share the knowledge with the ICO project founders.

INCREASE PROJECT sturdiness

Sustain project founders' motivation for product unharness and increase project sturdiness by introducing a system during which project founders can solely withdraw tokens consistent with their investment demand milestone.

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