In 2016, ICOs raised only about $98M, however, in 2017, this number amazing increased, up to $6B. This giant number shows that this market is developing very fast and it has great attraction. ICO investing is favorite choice of most cryptocurrency investors, especially new investors and newcomers of this market, they believe that it is the easiest and fastest way to make profits from cryptocurrency market. However, in fact, ICO investing is not easy, novice investors could investment losses, fall in scam and low quality projects. This industry still exists vulnerabilities, lack of information, vague regulations.
Project objective
The main objective of the project is to make ICO's more transparent and to protect investors from scam. ICOVO is here to reduce the barriers in the ICO investment. ICOVO provides more detailed project information for investors to choose. It manages all the tokens in decentralized way where investors funds are protected. ICOVO is committed to make ICO's investor friendly. ICOVO is here to preserve the futuristic blockchain startups for investors.
About ICOVO
Firstly, ICOVO will create a new global standard for ICO platforms to protect innovative Blockchain startups and ICO investors. These standards will firstly be adopted on ICOVO paltform. ICOVO will be the next-generation global standard for ICO platforms that is truly valuable to both innovative blockchain-related startups and ICO investors. DAICOVO makes refunding possible. ICOVO Web provide information about ICO projects in a same framework, it helps investors easily to find and research, compare between ICO projects. ICOVO Web using blockchain and IPFS technology to detect fake, copy and plagiarizing whitepapers. ICOVO App helps verifying KYC/AML process become easily, analyzing and tracking ICO process, public information if required. ICOVO App, which is optimized for ICO, will help investor to invest and manage their tokens. So, as we see, to boost the ICO market, ICOVO offers three solutions, let's learn deeper in these solutions.
DAICOVO - Smart contracts implementing the DAICO model
DAICOVO smart contracts are optimized and designed specifically for ICO through DAICO model. Projects which launch ICO using DAICO on ICOVO will be received free services such as token design, DAICOVO parameter setting, compilation, and deployment.
ICOVO App - mobile app with wallet optimized for ICOs
ICOVO app will be available on both Android and IOS smartphone. This is the world first mobile cryptocurrency wallet that can easily manage ICO list information and all ERC20/ERC223 token. This wallet works smoothly with DAICOVO. ICO holders can run ICO without developing new wallets or preparing third-party wallets for their tokens. ICOVO App also has uploading KYC/AML images function, preventing fraud, edited images.
ICO Web - ICO listing site that completely protects investors
It's a website where ICO holders can list their projects. To get listed, the projects must meet the minimum requirements of ICOVO, these requirements include whitepaper with fixed format, KYC/AML plan, project progress and timeline. ICO Web uses IPFS technology to check whitepaper, detect plagiarism whitepaper, through this, investor can expose scam ICO, if find this, investor can vote and ask for money refunding.
How It Works
ICOVO aim to protect ICO investors by introducing a fundraising management system and increasing the transparency of ICO project founders as well as the projects themselves.
The core of its service is the DAICOVO smart contract, which is based on the concept of DAICO, which was advocated by Ethereum co-founder Vitalik Buterin in January 2018. This will guarantee the protection of ICO investors at all time. It's implementation will be done through the ICOVO platform. The platform will also implement KYC/AML for invesstors and project founders. The whitepaper versioning will use the IPFS and the blockchain will ensure there are no changes to the whitepaper and agreement.
ICOVO will solve problems by eliminating barriers to the process of participating in ICOs so that anyone can easily participate. They will be solved through providing ICOVO App (iOS/Android), which integrates the world’s only wallet optimized for ICOs, and ICOVO Web, which will increase usability when participating in ICOs through personal computers. It will also have a mechanism which will enables investors to seek for refunds whenever the project don't work according to their roadmap.
Token Details:
ICOVO will issue its own token—OVO (OH-vo)—that can be used on our ICO platform ICOVO. OVO has some utility functions. ICO investors can purchase ICO project tokens at a 25% discount compared to purchasing with ETH. It can also be used to pay for co-working spaces and other services ICOVO provides. Moreover, OVO can be used to exercise voting rights for raising the Tap (amount that can be withdrawn per second) or returning a procured funds back to the investors. The OVO token does not possess the functionality of assets such as securities, and its distribution is not linked to ICOVO’s profits.
Token OVO
Price 1 OVO = 0.30 USD
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Minimum investment 100 USD
Soft cap 5,868 ETH
Hard cap 60,360 ETH
Country Switzerland
Whitelist/KYC KYC & Whitelist
Project Team:
Each ICOVO team member contributes to the team with their expertise so that we can provide high quality service for our customers: Yamase(CEO), Sasaki(CDO), Nishimura(CTO), Kumada(CFO), Oliver(CAO) and Obata(COO). With extensive experience hosting innovations in the internet infrastructure industry, dining industry, music industry, IoT-related enterprises, and AI-related enterprises under his belt, Akihiro Yamase delved into the blockchain terrain over a period of two years, laying the foundation for ICOVO’s vision.
Important links:
Website: https://icovo.co
Whitepaper: https://icovo.co/whitepaper/wp_service_en.pdf
Telegram Group: https://t.me/icovoco
Twitter: https://twitter.com/ICOVOCO
Facebook: https://www.facebook.com/icovoco/
ANN: https://bitcointalk.org/index.php?topic=4468796.msg40076110#msg40076110
My Profile Link: https://bitcointalk.org/index.php?action=profile;u=919492
MEW: 0xd9Da4D60cf149CC8Ed6F74Fb730551e238e364DD
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