ICOVO

The World’s First ICO Platform Implementing DAICO

We’ve seen the Web grow considerably, by orders of magnitude, over the past decade. Billions of people are coming online as Internet-connected device distribution expands globally. A new model for building massively scalable and profitable applications is emerging. Bitcoin paved the way with its cryptographically stored ledger, scarce-asset model, and peer-to-peer technology. We do have an existing way of sending payments on the Web. A pseudonymous software developer going by the name of Satoshi Nakamoto proposed bitcoin in 2008, as an electronic payment system based on mathematical proof. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. Bitcoin can be used to pay for things electronically, if both parties are willing. In that sense, it's like conventional dollars, euros, or yen, which are also traded digitally.

What is ICOVO

Security is the most important thing nowadays, and a concern for many of us is financial security. Thousands of ICOs appear every month on the market, each with an attractive project, but unfortunately it does not mean guaranteed security. For this reason, ICOVO comes with an innovative idea, being the first ICO platform that will solve the problem of founders who disappear with funds and even the interest in continuing the projects. That's why the ICOVO platform will use KYC / AML and DAICOVO.

The Mission and The Vision

A big problem for the investor in different ICOs is that many white papers do not include financial information because they are judging whether the project may have a chance in society or not. Many users want immediate gains, without paying attention to whether the projects sound and beneficial to society, and not just grip the audience. An extraordinary approach to this unpleasant aspect brings investors of the next generation with more flexible thinking and a full understanding of the technology that takes place every day in their lives. Large amounts are increasingly turning to the cryptocurrencies market, allowing the society to change its trajectory. ICOs are essential and are a tool that points to start-ups related to blockchain that help create the future. ICOVO will implement incubation of “innovative blockchain-related startups” to solve the problems ICO's are facing.
To protect investors, some countries have banned ICOs. Unfortunately, due to lack of resources, supervision is difficult, and governments do not develop regulation provisions. Fortunately, ICOVO comes with an innovative and safe solution that solves this problem by how it does not depend on individual expertise. This is a hybrid of the centralized client-server model that helps transparent ICO planners, and the decentralized P2P model, which is used to prevent scamming. The fraud in which ICO planners can withdraw after collecting the required tokens without continuing the project is prevented by DAICOVO.

Smart contracts implementing the DAICO model

ICOVO is a platform that offers DAICOVO based on DAICO, to manage tokens from various ICO projects. Only projects that have been pre-approved and are implementing DAICO will enter the ICOVO platform. For ICO founders using DAICOVO, , all of the required work, including token design, DAICOVO parameter setting, compilation, and deployment, is free.

ICOVO App

ICOVO makes it easy with a compatible smartphone application. The app includes the first local wallet in the world that manages the ICO list information and all the ERC20 / ERC223 tokens. Compatible with DAICOVO, it allows founders to develop the vote on fund management. The ICOVO App and ICOVO Web will come with a simplified UI that is easy to use by anyone.

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