What is ICOVO?
ICOVO is the world’s first and only ICO platform that can actualize healthy ICOs. The core of its service is the DAICOVO smart contract, which is based on the concept of DAICO, which was advocated by Ethereum co-founder Vitalik Buterin in January 2018. Each country’s government is advancing regulation in order to create a healthy environment for ICOs, but this is difficult to achieve for borderless ICOs using only centralized regulation. We will solve fraud and decrease in project motivation – the problems raised by ICOs – through the decentralized approach of DAICO.
ICOVO aims to solve this problem by using an autonomously operating system that does not depend on individual expertise. The system is a hybrid of the centralized client-server model and a decentralized P2P model featuring majority consensus. The centralized system is used to increase the transparency of ICO planners and projects. Specifically, this is achieved as planners’ identities are confirmed through ID verification and GitHub updates are quantified and displayed on ICOVO Web to make the actual status of the project more transparent. The decentralized system is used to prevent scams where ICO planners immediately withdraw funds and disappear after token sales. Fraud is prevented through DAICOVO, an implementation of DAICO.
Project Team:
Each ICOVO team member contributes to the team with their expertise so that we can provide high quality service for our customers: Yamase(CEO), Sasaki(CDO), Nishimura(CTO), Kumada(CFO), Oliver(CAO) and Obata(COO). With extensive experience hosting innovations in the internet infrastructure industry, dining industry, music industry, IoT-related enterprises, and AI-related enterprises under his belt, Akihiro Yamase delved into the blockchain terrain over a period of two years, laying the foundation for ICOVO’s vision.
Token Details:
ICOVO will issue its own token—OVO (OH-vo)—that can be used on our ICO platform ICOVO. OVO has some utility functions. ICO investors can purchase ICO project tokens at a 25% discount compared to purchasing with ETH. It can also be used to pay for co-working spaces and other services ICOVO provides. Moreover, OVO can be used to exercise voting rights for raising the Tap (amount that can be withdrawn per second) or returning a procured funds back to the investors. The OVO token does not possess the functionality of assets such as securities, and its distribution is not linked to ICOVO’s profits.
Token OVO
Price 1 OVO = 0.30 USD
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Minimum investment 100 USD
Soft cap 5,868 ETH
Hard cap 60,360 ETH
Country Switzerland
Whitelist/KYC KYC & Whitelist
Verdict:
Team will solve fraud and decrease in project motivation – the problems raised by ICOs – through the decentralized approach of DAICO. With the mission of having all ICOs use DAICO, we will develop and open source DAICOVO, which is aligned with the thinking behind DAICO. In addition, we will issue OVO tokens, which will be specialized as a currency for procuring ICO investments. Ethereum, which has a high distribution amount and is universal, is currently used as the main currency for procurement, but we will provide benefits for ICO investors for using OVO for participating in projects on the ICOVO platform. DAICOVO is a framework for ICOs implementing the concept of DAICO. DAICOVO supports fund management using the DAICOVO model, in addition to the functions required by ICO project founders such as issuing, selling, and managing unique tokens.
Important links:-
Website: https://icovo.co
Whitepaper: https://icovo.co/whitepaper/wp_service_en.pdf
Telegram Group: https://t.me/icovoco
Twitter: https://twitter.com/ICOVOCO
Facebook: https://www.facebook.com/icovoco/
ANN: https://bitcointalk.org/index.php?topic=4468796.msg40076110#msg40076110
Bounty: https://bitcointalk.org/index.php?topic=4995911
ETH: 0xCc538c6335203Cd2e771F27d12F4c90695366407
BTT: https://bitcointalk.org/index.php?action=profile;u=1495664
