ICOVO. ICO Review

Good day dear subscribers of my blog! Today we will talk about a promising project ICOVO. I will tell you about his strengths and his potential for development. Let's get started!

ICO at the beginning of last year made a lot of noise. Even people who are not familiar with this niche — could hear about it in the usual evening news. Incredible cryptocurrency rates. Many people have said this. The projects raised millions of dollars in a matter of hours and some of them dissolved into thin air, leaving investors with nothing. Immediately there were well-wishers who wanted to apply the concept of state regulation in relation to ICO and cryptocurrencies in General, ruining all the ideas and commandments on which the crypto industry was built. Some countries have gone even further by introducing a complete ban on ICO. The benefit within the crypto industry, full of ideas and importantly — the implementation of solutions to various problems.

Already in January 2018, the founder of the Ethereum cryptocurrency Vitalik Buterin, spoke about the new models of the ICO, which received the name — DAICO. A self-regulated system for conducting ICO, where investors receive risk reduction, but the projects themselves still have the freedom to issue their tokens to raise funds.

OK, we have a good idea to improve the ICO, and even from Vitalik Buterin himself, and where is the implementation? Here then comes out on stage project — ICOVO.

What is ICOVO?
ICOVO is a platform that uses DAICOVO's original smart contract to manage tokens, which in turn combines ideas from the DAICO concept. The ICOVO platform eliminates many problems associated with fraud at the stages of ICO. For example, the token owners will be able to get your money back in the event that the company conducting the process the ICO has not fulfilled its promises.

The ICOVO platform makes ICO more transparent. Projects, in turn, will receive funds using a crane, which will not allow to withdraw all funds at once. The amount, which is clearly defined, can be withdrawn per unit time and no more. In the case of, there are problems with the implementation of projects will be seen by investors, they can easily make a return of their funds. All this is done with decentralized management in the blockchain and IPFS network for document management, which will increase security and protect against interference from anyone. ICO team members will pass KYC on the platform, as well as a quantitative assessment of the team's activity on github, in social networks, etc.

Services for investors in ICOVO
But that's not all, the ICOVO platform is trying to make a better environment for investment. Using a special secure local wallet, the private key of which will be stored only in the mobile device. It is also the unification of the submission of information on ICO projects, when the information will be submitted in special summaries and a brief form, with the opportunity to learn all the details if there is interest in the project. If investors usually need to go through the KYC procedure, almost every time, now they will do it only once on the ICOVO platform.