"ICOVO" The new era of DAICO. ICO LIVE!
The "boom" of ICO-campaigns led to the emergence of a large number of "scam" projects. Investors were alert and began to study the blockchain startups more attentively. But this does not always save the situation, because sometimes startups, having received money, announce the "radio silence mode" for a long time and slowly implement the promised functions. As such, there is no strong incentive to work on a product.
ICOVO is registered in Zug, Switzerland. The origins and the helm of the startup are Japanese and Singaporean entrepreneurs and developers. For example, the CEO is Akihiro Yamase, who owns several firms in Tokyo, including Odeocreation, engaged in consulting in the restaurant business. Or, here is Yoshikazu Nishimura, techier, a former Oracle consultant in the past.
ICOVO platform is designed to improve the ICO industry, reduce risks for investors, increase confidence in the "crypt". If now the waste of money for block-start-ups is in many ways a lottery (this is a very common opinion), then with the advent of ICOVO, investing will become much safer by the order of magnitude.
The authors of ICOVO https://icovo.co/ are based on the idea expressed by Ethereum-guru Vitalik Buterin in January of this year. He proposed the concept of a smart contract DAICO (DAO + ICO) for conducting ICO-campaigns.
In a simplified form, the service looks like this:
on the ICOVO site comes a new block-start-up and launches ICO;
investors, using a smart contract DAICOVO (based just on the concept of Buterina), invest in the project funds;
when the "hardcap" is reached, the campaign ends;
when the "softcover" is not reached, investors get their money back;
a successfully financed start-up does not have instant access to capital - money is given to it gradually, in the course of execution specified in the Roadmap (and prescribed in the smart contract) goals.
Investors are addressed to the modules ICOVO App and ICOVO Web - a mobile client for iOS / Android and a website. ICOVO App includes a purse for ETH and currencies on ERC-20.
You can invest in projects using ETH or a proprietary platform token - OVO. Those who use OVO have the right to expect a 25% discount when buying tokens at the next krausefile - compared to if ETH were used. Convenient and, most importantly, there is no time limit - this is an "eternal" share. Own exchange within the application will also appear, so that you can quickly exchange the "crypt".
ICOVO App will confirm the status of the investor, go to Whitelist, read Whitepaper. ICOVO will oblige all startups to issue Whitepaper in a single format, so that no one has any difficulties with opening the file. Whitepaper data are fixed in the blockroom - the organizers of the ICO will not be able to change anything. And if they change it, it's only on the personal site, but such edits will inevitably cause distrust of the community. You do not have to go through the KYC procedure for each new token - it's enough to have an account in the ICOVO App or on the ICOVO Web site.
On ICOVO Web, too, a comfortable personal cabinet is realized. About the synchronization of data in the application and on the site developers are likely to take care. The account here will be able to get started and start looking for finance. The site will compile a complete list of approved by the administration of the ICO, their descriptions and approximate estimates of the state.
Yes, now there are a lot of ponds of resources assessing the ICO on 5-, 10-point scales, etc., but most of them can not guarantee whether the intervention of the ICO organizers in the "assessment process" took place.
Criteria for holding a tokenail on ICOVO https://icovo.co/ are simple:
- you must use DAICOVO,
- adhere to the rules for authorization of investors proposed by ICOVO,
to share information about the project and its implementation within the limits indicated by ICOVO (for example, to provide Whitepaper in the required format and not to edit this document).
Why invest in ICOVO?
The current ICO market suffers from a number of problems. This is the return of capital to investors when the startup is suddenly "frozen", a bunch of verification schemes, various Whitepaper formats, "hindsight" interference in Whitepaper and Roadmap, and much more.
ICOVO will collect all the startups that need finance in one place, implement common standards for documentation and authorization, eliminate undesirable risks for investors.
If you invest in international projects - it's just an outlet, because such krauseyly, as a rule, are not regulated by the legal norms of any state (it is unlikely that startups will be held accountable in case of fraud / default). With ICOVO, everything is simpler and more honest.
ICO https://icovo.co/ Details
Ticker: OVO (ERC-20)
Total tokens: 200,000,000 OVO
Tokenov available on ICO: 120,000,000 OVO
Price of the token: 1 OVO = 0,3 $ (at different stages of the ICO Bonuses are available)
Software: 5868 ETH
Hardcap: 60360 ETH
KYC: Yes, it is.
Minimum amount of investment: 100 $
In general, ICOVO will contribute to the transparency of the sphere (it is easy to track where the organizers of ICO spend their finances), to expand it, to lower the "entry threshold" and inflow of new money. Agree, all crypto enthusiasts will benefit from this.