What is ICOVO - ICO Review
Due to the lack of any regulation in this market fraud prospers.
The statistics shows that about 85% of all ICO in the 2018th year soskamitsya: or thought initially for swindle or just weren't successful for various reasons. Of course partially it is caused also by a difficult situation in the market in general but the main enemy of branch nevertheless fraud. It is a huge problem and it very strongly slows down development. Many are afraid to invest. The worthy project which could collect good capitalization for development can't make it because of a huge number of a skam. The inexperienced investor by mistake will incur the money not in this project where there is a team, the purpose and opportunities, and to swindlers who will draw the beautiful website and promises. The good project which could bring benefit and to be successful, can't raise funds for start, the investor loses money and the swindler sunbathes in Seychelles!
Initially you can't even know for certain whether there are actually people who are specified in the section "team of the project". It is a lot of cases when recreate in the editor of images of not existing people or just take on social networks someone's photo and invent a name and a story. The investor should study projects carefully: whether there are actually such people whether they have an experience, whether will be able to realize the idea and so on...
ICOVO Web is a platform for founders of the project and investors. On which the ICO projects will be based. This protected plotfarma where investors will be able to choose the project for investments into ICO. All projects will undergo testing according to standards of ICOVO. Also all of the text and documentation of projects will be stored in IPFS and can't be changed. ICOVO Web – will have full tool kit for investors. For example calendars of carrying out ICO, duration of ICO and many other things. The unique protected service in which it is necessary to undergo KYC/AML testing.
If you have no opportunity to visit ICOVO Web you will be able to use mobile version. It applications will include ICOVO purse. Also will allow to operate your information and assets of ICO projects. Combine ICOVO APP with DAICOVO and allows to carry out the same tasks as on ICOVO Web.
Other problem is that the project having received the huge sum from investors can lose interest in further development – money is already raised, here they - it is possible to relax, go to the sea, to buy ламбо. The developer can just grow lazy and feed investors with promises. And they will be able to make nothing - neither to return means, nor to persuade the developer to work. They won't be able to have legal proceedings most likely too because one in Singapore and another in Brazil. Now the relations between investors and ICO developers are under construction only on trust.
Not for nothing in the countries of USA, China, South Korea ICO are officially forbidden. In China the ban on ICO is temporary. The government states that there have to be standards and rules the regulating ICO that the ban has been withdrawn
The platform which is based on technology a blockchain which will allow to regain the trust to the sphere of ICO both for investors, and for teams.
The project allows to make all investments protected thanks to modern technologies. Plus to everything, by means of returnable tools, will appear an opportunity to return invested funds.
Web : https://icovo.co/
— Autor: upbit