ICOVO is the world's sole ICO platform that can realize solid ICOs. The center of its services is the DAICOVO smart contract, which depends on the idea of DAICO, which was pushed by Ethereum fellow benefactor Vitalik Buterin in January 2018.
Every nation's service is propelling control with a specific end goal to make a sound domain for ICOs, however this is hard to accomplish for borderless ICOs utilizing just brought together direction.
With the mission of having all ICOs utilize DAICO, icovo team will create and open source DAICOVO, which is lined up with the reasoning behind DAICO.
Ethereum, which has a high dispersion sum and is all inclusive, is as of now utilized as the principle cash for obtainment, yet we will give solutions to ICO financial investors for utilizing OVO for taking an interest in tasks on the ICOVO platform.
OVO is the world's solitary token particular for ICO support acquisition. Its esteem builds the more solid ICOs are attempted on the ICOVO stage, so OVO will fill in as an image and record of the wellbeing of the ICO condition.
ICOVO has as its main goal to extend the scope of ICO investors and the ICO advertise itself. ICOVO will take care of issues by killing obstructions to the way toward partaking in ICOs with the goal that anybody can undoubtedly take an interest. They will be fathomed through giving ICOVO App (iOS/Android), which incorporates the world's solitary wallet streamlined for ICOs, and ICOVO Web, which will expand ease of use while taking an interest in ICOs through PCs.
Through the solutions of its four administrations – DAICOVO, OVO, ICOVO App, and ICOVO Web – ICOVO will manufacture a biological community for solid blockchain-related new companies.
THE PROBLEMS AND SOLUTION ICOVO PROVIDE.
Problem: Some ICO project maybe canceled or frozen and funds are not returned.
Solution: Using DAICOVO makes refunding possible.
Problem: It is difficult to identify scam ICO projects.
Solution: KYC/AML and project progress disclosure as required by ICOVO can be used as a guide for judgment.
Problem: A passport photographed for KYC can easily be falsified with photo editing software.
Solution: The ICOVO App's dedicated KYC/AML photo uploader prevents photo editing.
Problem: Different whitepaper formats make it difficult to compare ICO projects.
Solution: ICOVO Web provides the information common to all the projects in the same format.
Problem: Whitepapers can be tampered with.
Solution: ICOVO Web uses Blockchain and IPFS to make it impossible to tamper with the whitepaper, so you can always view the whitepaper published before the ICO even if you didn't save it.
Problem: ICO investment has a high barrier to entry.
Solution: The ICOVO App is optimized for ICO tokens, so using it makes it easy to participate in token sales and manage tokens.
Problem: It is difficult to draft and vote for things such as a DAICO refund.
Solution: The ICOVO App makes it easy to participate in drafting and voting on the management of procured funds.
Problem: A token issuing system must be developed to do an ICO.
Solution: Using DAICOVO and the ICOVO App makes development unnecessary.
Problem: For an ICO to be successful, the trust of ICO investors must be gained.
Solution: Implementation of DAICOVO and KYC/AML as well as disclosure of project progress as required by ICOVO conveys that the project is above board and sincere.
Problem: Sometimes planners need ICO advice.
Solution: ICOVO offers free consultation on everything from business model planning to ICOs.
Problem: Planners lack the funds to conduct an ICO.
Solution: ICOVO's initial charge is only 10,000 USD. If the ICO succeeds, there is a fixed rate success fee; if it fails, there are no fees beyond the initial charge.
Problem: Planners lack a system to implement KYC/AML for a large number of ICO investors in a short amount of time.
Solution: ICOVO implements KYC/AML on behalf of the planners.
CONCLUTION.
ICOVO will support a healthy ICO which will make a future by offering ICOVO Web, ICOVO App and DAICOVO, all this said earlier will be achievable basically through the followings:
-Increase ICO Transparency and Protect Investors
-Reduce Barriers for ICO Participation
-Increase Project Durability.
As an article writer and based on experience, being part of the project will surely be a great to do, ICOVO project is a sophisticated one and so far, is enough to justify why you need to be part of its community and become OVO Token holder now when its price is still cheap.
FOR MORE INFORMATION:
ANN THREAD:
WHITEPAPER:
WEBSITE:
TELEGRAM:
FACEBOOK:
TWITTER:
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