ICOVO – future of reliable crowdfunding
Too many unsuccessful attempts
How many times have you heard about crowdfunding campaigns? It seems to me that almost every person in the world tries to attract money in this way. Sometimes it gives birth for the great projects, but, more often, these projects fail. Obviously that not everybody here is able to become successful, but success rate is too low. There are project that had no chance at all, but some of great ideas did not managed to attract enough money. This is not their fault, the problem is systematical.
Just take a look at Kickstarter. This is the world most famous crowdfunding portal and it is awful. There is no straight way to compare the projects. There is no way to force people, who try to get money to undergo any personality checks. When project fails, you have to wait for moneyback for ages and you may be almost sure that you will not get full sum. If the person, who attracted money, does not spend it in proper way, investors can do nothing about it. The worst thing is that project creators are unable to provide even backers with announced services.
Therefore, there are two major issues. First is the lack of trust and power, and second is lack of qualified people to help project creators. We are sure that both issues could not be solved within centralized solutions. The reason is simple: these platforms are not about helping people to get funding, but about making profits. It is easy to disclaim responsibility and make project creators scapegoats, but it would be fair only if these platforms did not take any fees. In current, terms they take money for nothing, but ICOVO may change everything. We mean entire crowdfunding market.
ICO is better than crowdfunding!
Do you know what is success comparison rate between ICO and custom crowdfunding campaign? It is 875 to 1! Which means that you have almost nine hundred more chances to get funding via ICO than via custom crowdfunding. Moreover, ICOVO is here to make ICO even safer and successful, because this kind of fund attraction have some issues too. We would like to tell you a little bit more about each of key advantages of ICOVO:
• Obligatory KYC for both team member and investors. There is no more need to trust on word, because everything was double-checked.
• ICOVO eliminates all the fake ICO because funds are transferred to team in several stages. When team reach the tap, they get money for the next one.
• Ability to refund money. In case, when project team did not managed to attract enough funds, investors get all the money back.
• ICOVO representatives will be here to help creators of the project. Most of them have no experience at all, but it should not kill great ideas.
• OVO tokens, which is native currency, allow saving money during investments. To find out more about it, you should check ICOVO WP out.
ICOVO have all to become the most reliable and popular crowdfunding platform of the future! Do not miss your change to earn on it!