ICOVO-THE WORLDS FIRST ICO PLATFORM IMPLEMENTING DAICO
abenco01About the project
ICOVO: is a versatile platform facilitating the launch of DAICOs and integrating all the functionality necessary for running ICO campaigns.
FEATURES
The core of ICOVO's service is the DAICOVO smart contract, which is based on the concept of DAICO. With the mission of having all ICOs use DAICO, ICOVO will develop and open source DAICOVO, which is aligned with the thinking behind DAICO.
In addition, ICOVO will issue OVO tokens, which will be specialized as a currency for procuring ICO investments. OVO is a token specialized for ICO fund procurement. Its value increases the more sound ICOs are undertaken on the ICOVO platform, so OVO will serve as a symbol and index of the health of the ICO environment.
Further more, in creating a healthy ICO environment with DAICOVO and OVO as its core, ICOVO has as its mission to expand the range of ICO investors and the ICO market itself. ICOVO plans to solve problems by eliminating barriers to the process of participating in ICOs so that anyone can participate. They will be solved through providing the ICOVO App (iOS/Android), which integratesa wallet optimized for ICOs, and ICOVO Web, which will increase usability when participating in ICOs through personal computers.
DAICO: is a model that uses decentralized methods to prevent planners from dishonestly using funds raised through an ICO. In ICOs using tokens that conform to the ERC20 standard, smart contracts are used to limit the amount of funds raised that project founders can withdraw per unit of time, and if the project is canceled for whatever reason, the remaining funds can be returned to the ICO investors if a consensus is reached.
Mission:
“No ICO, No Future” ICOs are at the very core of the ecosystem necessary for hatching innovative, blockchain-related startups.
Cryptocurrency allows for impossibly vast amount of wealth to be moved, giving these investors the power to change society. As a result, the next generation of young investors with flexible thinking and deep understanding of technology have emerged. Their funds are invested in “innovative blockchain-related start-ups”. As such, ICO is not a run-of-the mill fundraising tool, but an essential piece in creating an ecosystem incubating innovative blockchain-related start-ups that will create the future. We must not prematurely crush this future-creating instrument on grounds of lack of investor protections, or need to perpetuate governments’ central authority.
Vision:
Global Standard for ICO Platforms Create a global standard for ICO platforms for innovative blockchainrelated startups and ICO investors
1. Propel ICOs Protect ICO investors and reinvigorate ICOs themselves by increasing the transparency of the management of funds raised through ICOs, project founders, and projects themselves.
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.
2. Reduce Barriers for ICO Participation Increase ICO participation and accessibility by making the investment process and the format of information disclosure uniform across the board.
3. Improve project durability By allowing project founders to withdraw procured funds only within their capital-raising timeline and once certain milestones have been reached, motivation to release products is sustained.
Understanding the Target Market
i. Target Market Size The ICO support service market has grown at an explosive year-over-year rate of 3800%
ii. Current Problems to Solve
ICOVO App: A smartphone app featuring a wallet optimized for ICOs ICOVO's iOS/Android-compatible smartphone app(ICOVO Wallet in iOS and ICOVO Wallet PLUS in Android) is a native and web hybrid. It includes the world's first (as of January 2018) local wallet that can easily manage ICO list information and all ERC20/ERC223-compliant tokens. It is compatible with DAICOVO and comes with functions that allow project founders to easily draft and conduct voting on fund management.
ROADMAP
1 Product ICOVO Project was started. ICO Platform Implementing DAICO was designed. DAICO DAICOVO which is a customizable smart contract integrating DAICO was designed. Promotion Corporate site was opened. Press releases in Switzerland, Singapore Japan were distributed. ICO Preparation for ICO was started. Q3 ICO CrowdSale will be started and OVO token will be listed on exchange. Promotion ICOVO News Media (blockchain-insight.ch) will be opened. DAICO DAICOVO version1.1.0 implement of Whitepaper versioning will be launched. Web ICOVO Web version 1.1.0 implementation of white paper versioning Q2 ICO White List registration, KYC/AML and CrowdSale will be started. App ICOVO App version 1.0.0 22 June, 2018: Features such as local wallet and Dashboard (KYC/AML,Whitelist registration) implemented. Promotion Events in Zug , Tokyo and Singapore will be held. Web ICOVO Web version 1.0.0 implementation for ICOVO’s Dashboard will be launched. Q4 Web ICOVO Web version 1.2.0 implement of management Mypage for drafter will be launched. App ICOVO App version 1.0.5 DAICOVO interface, draft, voting features added. DAICO DAICO version 1.2.0 implement of parameters setting will be launched. 2018 E.
for more information visit the following link:
Web ★ Twitter ★ Whitepaper ★ Telegram ★ Reddit ★ Facebook ★ ANN ★
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2326054