ICOVO ICO - The World’s First ICO Platform Implementing DAICO

hasyurtuk (38)in #cryptocurrency • 6 years ago

The ICOVO platform will bring DAICO to life, which was suggested by the co-founder of Ethereum as a way to protect investors in the ICO. Despite tightening regulation in 2018, the ICO market reached 5.8 billion US dollars in the first quarter of 2018. It also exceeded the size of the ICO market in 2017, which amounted to 3.9 billion US dollars.

Despite this amazing growth, the current OIC has three main questions:

Founders running with ICO funds.
Completion of the project due to loss of interest on the part of the founders
High barriers to entry for those who participate in ICOs
What is ICOVO?
ICOVO aims to become the first ICO platform in the world to solve this problem. The platform will solve the problems faced by the founders. In addition, he solves the problems of termination of projects due to lack of interest on the part of the founders. To achieve this, the platform will use KYC AML, version control version and DAICOVO. How does the platform for placing coins based on ICOVO DAICO work?

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DAICOVO is a smart contract based on the idea of DAICO, proposed by Vitaly Buterin, the founder of the block chain Ethereum. This will help ensure the protection of ICO investors at any time. It will be implemented through the ICOVO platform. In addition, AML KYC will be implemented for investors and project founders. The version for the whitepaper version will use IPFS, and the block chain will ensure no changes.

Only ICO projects that are pre-approved and that implement DAICO will be allowed on this platform. For these projects, ICOVO tokens called "OVOV" will be released at a 25% discount on the cost of ETH tokens. To solve the problems with high barriers to participation in ICO, the platform will release an optimized "ICOVO application" and "ICOV Web". This will replace MyEtherWallet which can be a bit confusing for beginners.