ICOVO | The World’s First ICO Platform Implementing DAICO

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ICOVO is that the world’s 1st and solely ICO platform that may actualize healthy ICOs. The core of its service is that the DAICOVO sensible contract, that relies on the idea of DAICO, that was advocated by Ethereum co-founder Vitalik Buterin in Jan 2018.

Each country’s government is advancing regulation so as to make a healthy setting for ICOs, however this can be troublesome to realize for borderless ICOs exploitation solely centralized regulation. We will solve fraud and reduce in project motivation – the issues raised by ICOs – through the localizedapproach of DAICO.

With the mission of getting all ICOs use DAICO, we are going to develop and open supply DAICOVO, that is aligned with the thinking behind DAICO. In addition, we are going to issue OVO tokens, which is able to be specialised as a currency for procuring ICO investments.

Ethereum, that includes a high distribution quantity and is universal, is presently used because the main currency for acquisition, however we are going to offer advantages for ICO investors for exploitation OVO for collaborating in comes on the ICOVO platform.

DAICOVO could be a framework for ICOs implementing the idea of DAICO. DAICOVO supports fund management exploitation the DAICOVO model, additionally to the functions needed by ICO project founders like supplying, selling, and managing distinctive tokens.

Marketing

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ICOVO’s shoppers ar innovative blockchain-related startups. the foremost economical thanks tocommunicate ICOVO’s services to them isn’t to travel to them to inform them however to possess them return to access ICOVO’s service information. Website : https://icovo.co/

One is on-line media

Blockchain Insight(http://blockchain-insight.ch/). this is often our crypto market- and blockchain-related in hand media, primarily for information associated with achieving a healthy ICO surroundings and technical information associated with the blockchain. By sharing quality- instead of quantity-based content, we tend to aim to create this a highly-reliable, factual industry-standard medium.

The other is physical media

coworking areas for startups. We will increase ICOVO’s name recognition by providing physical places for blockchain startups. Specifically, we tend to will provide blockchain startup-dedicated coworking areas in Zug, European country, Tokyo, Japan. We decide to support startups possessing advanced technology. These coworking areas will provide associate Ethereum testnet, full node storage and a lot of, additionally as create it doable to put in test-stage blockchain, IoT, and AI hardware for debut a nextgeneration society. Naturally, all paid services within the coworking areas will settle for payment by ETH or OVO. Blockchain-related startups approved by ICOVO will be ready to use these for complimentary.

Increase ICO Transparency and defend Investors

We aim to safeguard ICO investors by introducing a fundraising management system and increasing the transparency of ICO project founders additionally because the comes themselves.

Decentralized Token Management

We will produce DAICOVO, a creative smart contract incorporating DAICO’s basic plan of localised token management.
We will introduce a system that solely permits withdrawals consistent with the capital demand of a project’s pre-loaded schedule through a faucet system (setting associate amount which will be withdrawn per unit of time). this can forestall developers from running off with raised funds.
In the event that associate capitalist notices a retardant with the project, they’re ready to retract their investment that was raised underneath agreement as a refund.

Target Market Size

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The ICO support service market has big at AN explosive year-over-year rate of 3800% It was ninety six million USD in 2016, however in 2017 it distended speedily by concerning 3800% year-over-year to three.7 billion USD. In terms of the quantity of ICOs, there have been concerning five times as several in 2017 as in 2016, up from forty six to 235. the number raised per ICO conjointly drastically increased; whereas the typical in two016 was 2.1 million USD, the typical in 2017 was around seven times additional at fifteen.7 million USD.

TEAM

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