Hello friends,
Welcome to my blog and thanks for reading my post. This piece will reveal to you how an innovative project called icovo intends to transform the ICO market through their innovative platform products, enjoy reading!
The initial coin offering (ICO) market is one of the fastest growing markets in the blockchain industry having an estimated market size of $771,500,320 by 2021.
ICO is a fundraising mechanism that helps innovative startups, especially in blockchain industry to raise funds aimed at developing and executing blockchain related projects that solve real-life problems.
However, it is sad to note that there exist some inefficiencies in the current system of conducting ICO's. These inefficiencies possess an entry barrier to ICO participation. For instance, an ICO system without investors protection mechanism is sure to scare away investors. Reportedly, Some investors have been repeatedly victimized through fraudulent manipulations from scammers due to lack of investors protective measures.
It is high time to correct such loopholes and protect investors as well as project founders, this is why I'm introducing an innovative project called icovo that is intended to transform the ICO market positively through their innovative products aimed at increasing ICO participation and takes priority in protecting investors.
Icovo is an innovative ico management system that seeks to create a global standard for ICO platforms for innovative blockchain related startups and ICO investors.
Icovo has a vision of protecting ICO investors and reinvigorating ICO's by increasing transparency of the management of funds raised through ico's and project founders, this is partly achieved through the hybridization of centralized and decentralized systems giving rise to products such as DAICOVO and ICOVO APP.
Actors of icovo believes that ico's are very necessary for hatching innovative blockchain related startups, thus icovo is dedicated to supporting healthy ico's which will create the envisaged future.
The hassles of conducting ico's is brought to rest by using the icovo platform. Icovo offers a one-stop ico support service through its innovative products, some of which include;
🔥 managing the issuance of tokens in ico's, this implies that ico's conducted on the icovo platform will use the DAICOVO optimized smart contracts, thus saving project founders the stress of issuing, selling and managing tokens.
Interestingly too, all required work including token design, compilation, DAICOVA parameter setting and deployment is offered free of charge.
🔥icovo App also features native wallets that are optimized for ico's, this means that such wallet can easily manage ico list information and all Erc20/Erc233 compliant tokens.
In essence, the problems of developing new wallet or using a third wallet are totally eliminated.
🔥All ico's conducted on the icovo platform will use IPFS in versioning of whitepapers, thus making it impossible to tamper with whitepapers.
Again, a simple and same format will be used in writing of white papers for all projects, this will make it easier for investors to understand.
🔥Icovo platform also ensures that ico's comply with a viable business plan, Carry out whitepaper translation into multiple languages, carry out legal checks, press release and distribution and whitepapers review, and possible advice.
Icovo is currently offering investors the opportunity to invest in icovo ico at a discounted rate depending on the time of token (ovo)purchase.
The crowd sale is slated to end by 30th November 2018. Interestingly, the soft cap has been achieved.
Ovo can be purchased with Ethereum at an equivalent rate of 1 ovo = $0.3.
In conclusion, icovo project looks very innovative and may rightly address the problems in the ico market, it has attracted global attention and rated highly by experts across crypto/blockchain industry as well as dedicated ico rating websites.
More interesting details can be accessed via the links below.
Disclaimer: This information is not intended for financial advice. Invest at your discretion using the links below.
Sour/official links:
Website: https://icovo.co/
Whitepaper: https://icovo.co/whitepaper/20180831_wp_service_en.pdf
Facebook: https://www.facebook.com/icovoco/
Twitter: https://twitter.com/ICOVOCO
Telegram: https://t.me/icovoco
Authored by Rossey:
https://bitcointalk.org/index.php?action=profile;u=2040218