"ICOVO" Join to ICO!
ICOVO is a platform that is based on the concept of DAICO and offers completely new secure tools for investing in ICO projects. In fact, all investment funds can be withdrawn at any time, at any stage of the project’s life. What does it mean? This means that the team is simply interested not just to raise money and evaporate, but to really create a product.
So, we have an ICO-project, which is located on the platform. If he is placed there he already agrees to the rules that ICOVO offers him.
Next, a smart contract is formed, which then checks the system audit. Under this contract, all funds raised are reserved at a specific address, and can be returned on a single command. And this team can be set by the investor themselves, by voting on the blockchain.
Naturally, it is also possible to prescribe here the conditions for the “weight” of votes, that is, who has invested the most, the more conditional weight of the vote. Well, in order to avoid manipulations the platform will check the addresses of investors. Why are there a platform you can see everything yourself.
No more hidden information, "cheating" the collection counter and other related things. Charges are transparent and any investor can calmly see what is happening at the moment.
In the future, total control also takes place. What? Funds not spent in the direction that is fixed in RoadMap? We initiate a vote, bring the evidence, revoke the remaining funds put the team on a black list.
I would not give up the mandatory KYC for the entire project team. Let the SEC know its "heroes" from all sides, not only from ours.
Well, and probably, I will not discover America for anyone if I say that this scheme is obliged to attract a new wave of potential investors who are confused by the current "closed" market rules. Total no fraudulent projects, more investors, a wider and deeper market, cryptocurrency on the horse. All in the win and in the near, but happy future.
But before we get that very "happy future" with transparent ICOs it would be nice if the native ICO ICOVO was also successful.
It will pass, by the way, on November 30, 2018 and plans to attract a Hard-Cap in the amount of 60 360 airs. Soft-Cap is already assembled at the moment, so I will not indicate an extra figure.
The OVO Token will cost 0.3 USD at any ICO stage, but the bonus tokens that we will receive will tend to decrease as they approach November 30.
A total of 120 million OVOs will be allocated for sale. And the raised funds are planned to spend like this :
- 72% will be spent by marketers;
- 20% will go to the team and consultants;
- 5% will be spent on development;
- 3% bonuses and promotions.
Do you know why so little is needed for development? And because the application is already ready and you can try it by downloading it on your smartphone ICOVO is an extremely necessary platform in a cryptocurrency environment. This idea has long been in the air and it’s very good that the teams started to implement it. Yes, ICOVO is not the only project that seeks to occupy this niche. But competition creates quality, which means it will be good if the rest are shot. Then we will get a really transparent ICO market, which we have been dreaming about for a long time!