Join New ICOVO App

in #ico6 years ago (edited)

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Web Link : https://icovo.co/

On this occasion I want to share experiences and opportunities for all of you to be able to get more income from the internet, of course by following Airdrop coins that will enter the market. I did not explain too much, but I copied it from the web site then you can learn it and register it by following the instructions listed on the website.

As a result, funds gather in projects that provide services or technology with the concept of decentralization that will turn the very foundation of our existing society upside down, rather than where immediate returns are expected. The reason for these huge investments is because ICO investors are completely different from equity investors.

They are dysphoric and doubtful about the current state of society, and have a sense of duty to create a plentiful future. Twenty or thirty-somethings that firmly understand the potential of technology to achieve this are pivotal. They held on to Bitcoin, Ethereum, and other AltCoins before the initial price surge, and raked in large capital gains. These sums would be impossible to attain by a twenty or thirty-something conventionally working in the structure of the present society. Web Link : https://icovo.co/

Now we know that there are many wallets available in the cryptocurrency world, but is it safe to use? Besides that, there are your assets in it, so if the wallet cannot make a decentralized direct exchange, we need more money for the cost. Nishimura CTO has also developed a secure ICOVO wallet and can also store other ERC-20 tokens, also used by Tachyon With this, the project founder does not need to develop it anymore, because the ICOVO Application is a solution for investors and also projects. ICOVO App users are also very easy because they can trade the tokens they have on DEX or (Decentralized Exchange).

Some projects have taken quick profits from investors or cheated them, they seem to make an ICO period to convince investors that this project really exists, but after investors give money, they run away, even fraudsters use someone else's identity. With ICOVO, the founders of the Project can register their projects on ICOVO Web, so investors no longer need to be afraid to take part in the ongoing ICO, because they are truly protected by ICOVO. KYC / AML is also very needed and is a criterion to be included. And, IPFS and Blockchain will manage ICO projects listed on ICOVO Web. Web Link : https://icovo.co/

ICOVO-App.png

Background

The ICO sector is rapidly growing in 2017-2018. Unfortunately, this growth was not supported by regulations or platforms that guarantee the funds collected were used properly. More and more cases of fraud and embezzlement create anxiety for investors who want to participate in ICOs. As a result, economic growth that uses the tokenomics concept is hampered.

I noted that there were various problems that arose as a result of these unregulated ICOs, namely:

  • Information validity: Information such as whitepapers and teams were often invalid. There was a lot of plagiarism in whitepaper writing, as well as false identities from the startup company management team.

  • Presentation: Important information were badly presented. Investors often had difficulties in finding important information that is somewhat hidden.

  • Fundraising mechanism: Smart contracts were often not audited thus causing a security gap. Investors who do not know how to use ethereum wallets had difficulty in investing.

  • Fund security: Funds were not placed in escrow so it is likely to be embezzled by the startup team.

  • Use of fund: Funds were not provided in stages in accordance with milestones, as a result, management teams were often inefficient in managing funds and then run out of funds.

Valid Business Model

To date, the use of cryptocurrency is still limited to speculation and investment tools. Therefore, a platform to facilitate ICO is a simple and very relevant business model. This project does not have high risk compared with other projects that are too futuristic like artificial intelligence projects for example.

ANN thread : https://bitcointalk.org/index.php?topic=4468796.0
Web Link : https://icovo.co/
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1553218