As it seems, cryptocurrency does not stand still, but is developing more and more every day. Now almost everyone has heard of it, and many earn it and use it. With such a rapid development of cryptocurrency, a huge number of ICO projects with new ideas and solutions appear. But, unfortunately, not all ICO projects are lucky, many of them become scammers and investors lose their savings. And the problem with fraudulent ICO is going to solve the project ICOVO
About the Project
ICOVO will solve the problem with the help of DAICO, which was supported by Vitalik Buterin himself. Thanks to this, all investors in ICO will be fully protected. That is, they will be able to clearly monitor the collection of funds during public sales, and so on, this will lead to a reliable market. ICOVO also aims to solve a rather serious task when projects stop doing their work, that is, they drop everything at the initial stage or, for example, because investors or founders do not have interest and see no prospects in this project. On the ICOVO platform, ICO projects that meet certain criteria and which are implemented by DAICO will be allowed. For all its achievements, ICOVO will use DAICOVO. In general, this project will be one of the best ICO projects of the new generation
Their main slogan: “ICOs are at the very heart of the ecosystem necessary for hatching, innovative startups associated with the blockchain. This mechanism for the future should not be crushed, but carefully preserved
Their goal: to create a global standard for ICO platforms for innovative startups on the blockchain and ICO investors
Current Problem
There are problems in the ICO market that hinder further development. What are the problems:
- lack of transparency mechanisms. The organizers of the ICO themselves decide how transparent they are. Many do not answer the basic questions of investors, but simply say that they are waiting for announcements. This causes investors a sense of injustice when they have invested their hard earned money into the project;
- abundance of scam. In particular, the reason is the lack of KYC for ICO organizers;
- the impossibility of a refund if the project does not fulfill the obligations after the completion of the ICO. This is the main thing that holds back the intentions of any person to help the project with investments;
- interface complexity for investors. To become an investor, you must meet a certain level of technical literacy, but this must take time. You need to understand wallets, smart contracts and many other points. This significantly limits the circle of persons who become investors
- limited circle of investors. Because of the technological barrier
The Mechanism
If you are very interested in this project, then you can easily get free tokens by simply downloading the application ( ICOVO and ICOVO Web ) from their main website: https://icovo.co . The application is quite convenient, it can be easily understood, the more developers constantly improve it
ICOVO Web is the site for the founders of ICO projects. This site lists all ICOs projects for investors that have gone through all the procedures so that they are already suitable for all criteria for investors. All documents of all ICOs will be thoroughly checked by IPFS and Block. Introduction using the IPFS network will not allow anyone to change or correct anything. In connection with this, investors will always be able to track everything going according to plan with the ICO project in which it invested. In the event of any violation by the ICO, the investor can create a topic to vote and return their funds. Certainly on the KYC platform. It will be held by both investors and the founders of ICO
ICO Information
- Token Symbol - OVO
- Standard - ERC20, ERC223
- Accepted Currencies - ETH
- Total tokens - 200 million
- Price for 1 token - $ 0.30
- Start Pre-Sale - 2018-09-24 00:00 (UTC)
- End of Pre-Sale - 2018-10-08 23:59 (UTC)
- Minimum fee: 5,868 ETH
- Maximum fee: 60,360 ETH
- Target: 33,533 ETH
Crowd sale
- Phase 1: 2018-11-01 00:00 (UTC) --- 2018-11-07 23:59 (UTC) + 10% Bonus
- Phase 2: 2018-11-09 00:00 (UTC) --- 2018-11-15 23:59 (UTC) + 5% Bonus
- Phase 3: 2018-11-17 00:00 (UTC) --- 2018-11-30 23:59 (UTC) + 0% Bonus
If they are collected 20 million dollars, they are distributed as follows
- Working capital - 500 000 - 3%
- Development capital - 1 000 000 - 5%
- Advertising and publication - 2 000 000 10%
- Marketing capital - 14 500 000 72%
- Team members and participants - 2,000,000 10%
- Total (USD) - 20,000,000 - 100%
The Team
The ICOVO project team consists of a fairly large number of participants and all of them have many years of experience, for example, in areas such as blockchain, finance, marketing, and so on. Each of them has detailed information on the official website: https://icovo.co or in the Whitepaper
The Conclusion
The ICOVO project certainly deserves attention. Their idea is very interesting. The team is experienced and has been working for a long time. Already have an application in the App Store and they have collected software cap and it says a lot. I think if they will also continue their work diligently, they will achieve great results. And the project will have a great future
More information on the project ( OVO ) please visit their website listed below:-
WEBSITE: https://icovo.co/
WHITEPAPER: https://icovo.co/whitepaper/20180831_wp_service_en.pdf
ANN: https://bitcointalk.org/index.php?topic=4468796.0
TELEGRAM: https://t.me/icovoco
TWITTER: https://twitter.com/ICOVOCO
FACEBOOK: https://www.facebook.com/icovoco/
Author: cryptocat156
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2154730
Telegram username: @cryptocat15
Thank You!