ICOVO: PROVIDING AN ICO PLATFORM FOR INNOVATIVE BLOCKCHAIN-BASED STARTUPS AND ICO INVESTORS

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The ICO are ways of raising funds necessary for development and expansion of projects. ICOs acts as fundraisers: a company looking to create a new coin, app, or service launches an ICO. Interested investors participate into the offering either with fiat or cryptocurrencies like eth or btc. The company then uses the money raised as means of furthering its goal, launching its product or starting its digital currency. The ICO support service market was about 96million USD in 2016, but while in 2017 it has seen enormous growth rate by about 3800% year over year to 3.7billion USD.

Despite the enormous growth there are still major barriers faced in the ICO market, barriers like: Cancellation of ICO project, Scam ICO project, Falsified KYC processes, barrier of entry, difficulties in drafting and voting for DAICO refund, trust issues, lack of fund, and lack of advice.

To solve the above mentioned barriers, ICOVO has come to help proffer solutions by leveraging blockchain technology to provide an ICO platform for innovative blockchain--related startups and ICO investors.

UNIQUENESS AND SOLUTION PROFFERED BY ICOVO

ICOVO aims to protect ICO investors and revolutionize ICOs by creating a transparent management of funds raised through ICOs, project founders, and projects themselves.
ICOVO will also introduce a system that will only allow certain amount to be withdrawn per unit of time. This will help prevent developers from running away with raised funds.
ICOVO will also help increase ICO project team member to be transparent by providing KYC/AML of ICO project team members on the ICOVO web in a centralized way.
ICOVO will also help increase project transparency by valuing social media activity and GitHub updates on ICOVO Web.
ICOVO will also help in eliminating the need for investors to do KYC. The KYC will be done once through the ICOVO APP, and then information will be shared with the ICO developers and founders.
ICOVO will also help by making ICO project pages and whitepaper to be easily read and understood.
ICOVO will help increase the durability of project and sustaining project founders’ motivation for product release by creating a system in which project founders can only withdraw tokens according to the Tap (an amount that can be withdrawn per unit of time).
ICOVO will also help increase ICO participation and accessibility by making information disclosure uniform across the board.
The use of ICOVO App’s dedicated KYC/AML photo up loader will help prevent photo editing.
ICOVO web leverages Blockchain and IPFS to find it difficult and impossible to tamper with the whitepaper. Investors can view the whitepaper before the start of ICO.
The ICOVO APP created is used in optimizing for ICO tokens, using the App will make it easy to participate in token sales and management of tokens.

The ICOVO App also makes it easy to participate in drafting and voting on the management of procured funds.
ICOVO also offers free ideas and advice's on business model planning to ICO.
ICOVO's initial charges 10,000 USD. If the ICO succeeds, there is also a fixed rate success fee; if it fails, and there are no fees beyond the initial charge.

OVO TOKEN

The OVO Token is an ERC 20/ERC223 Token built on the Ethereum Blockchain technology. It has a total supply of 200,000,000 OVO.

ICO DETAILS

Start date: 2018-09-24 00:00(UTC)

End date: 2018-10-08 23:59(UTC)

Tokens to be sold: Maximum of 120 million (Remaining tokens after the Closed Sale)

Price and Perks: +40%

1 OVO = 0.3 USD

Accepting Currency: ETH (Ethereum)

Minimum Purchase Amount: 100 USD

Maximum Purchase Amount: 250,000 USD

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