ICOVO: Decentralizing Initial Coin Offering

in blockchain •  6 years ago 

images.jpeg

INTRODUCTION

The world spotlight on oil and industry as the best divisions to contribute and make enough benefit, yet since the innovation of blockchain and cryptocurrency, the story has changed. The crypto advertise is blasting regular and it is pulling in numerous financial specialists into the field than some other sort of organizations. The market estimation of ICO has achieved 5.8 billion dollars as per the ongoing statistics.

One of the best approach to put resources into digital currency business is by supporting a blockchain-based project through an Initial Coin Offerings (ICO) event.

ICO event is a strategy used to raise fund for a specific future cryptocurrency project.

By investigating, we as a whole ought to have realized that the ICO event is never again what it used to be. The present condition of numerous ICO event has destroyed the speculation of numerous investors over the globe. Scammers has additionally surfaced showing counterfeit ICO event to investors and crypto darlings.

The question is how to know a genuine project that somebody can contribute on? How might we know the force of an project arranging ICO event? How might we know whether the project is genuine or counterfeit? All these inquiry is the thing that the current ICO platform has neglected to tacked.

Today am presenting a platform that have the answer for the above question. The platform is called ICOVO.

images (1).jpeg

WHAT IS ICOVO ALL ABOUT?

ICOVO is an ICO platform that plan to settle all difficulties confronting financing cryptocurrency venture prevalently known as Initial Coin Offerings (ICO) event. The platform need to carry transparency into the ICO ecosystem.

IMG_20180923_124408_199.JPG

CHALLENGES FACING ICO THAT ICOVO AIMED TO RESOLVE

A large portion of the ICO event are not transparency, supporters don't know how the fund is been utilized. The CEO now and again utilize the fund for another things completely.

A few investors has not recouped from the stun that hit them when the fund they contributed to a specific ICO project couldn't return back their investors. There are part of trick ICO on board now, though speculators probably won't know.

More again, some project organizers do flee with the fund created amid the ICO event. Again a portion of the undertaking ceased along the procedure if investors free enthusiasm on the specific task.

There are yet different difficulties confronting ICO like issue of whitelist while many don't inspire allow to take part in the specific venture. In conclusion, founders do change the goal of the task along the line, in this manner we see things not quite the same as what is on the whitepaper.

All these difficulties is what ICOVO aimed to resolve.

ICOVO, an envisioning ICO platform settle all difficulties including issues of founders fleeing with gathered fund for investors during ICO event, and issue of individuals loosing enthusiasm along the procedure.

HERE IS THE SOLUTION ICOVO WILL OFFER

The team of this platform are aptitude in this field and have thought of the beneath instrument to take care of all the said above issues. The platform implement the following to accomplish their aim and objectives.

  • KYC/AML

  • Whitepaper forming and

  • DAICOVO.

ICOVO will decentralized the funding of crypto venture so that there won't be any issues of founders fleeing with raised fund or individuals investing into scam ICO project.

IMG_20180923_124425_283.JPG

The implementation of DAICOVO into this platform will protect all implication about ICO. The execution of AML/KYC into the platform is made for project founder where they should demonstrate all their personality. Again, the implementation of whitepaper forming into the platform will take out issue of modifications from the underlying arranged venture.

This platform will make everything improve by making ICOVO App and ICOVO Web which is easy to understand to everyone.

ICOVO TOKEN ECONOMY

The platform has presented their token named "OVO Token". This will be the utility token of this platform.

TOKEN SALE DETAILS

Ticker: OVO

Platform: Ethereum

Token Standard: ERC-20

Soft Cap: 5, 868 ETH

Hard Cap: 60, 360 ETH

Token Supply: 200 million

Equivalent: 1 OVO= $0.30 USD

Acknowledged: Ethereum

ICO date: July 17, 2018 – August 7, 2018

IMG_20180923_124517_475.JPG

TEAM

The brain behind this task are as of now mastery in crypto world. The group need to restore DAICO which was started by fellow benefactor of Ethereum.

Here is the chance to meet them.

IMG_20180923_124643_304.JPG
IMG_20180923_124624_043.JPG

CONCLUSION

ICOVO will decentralized Initial Coin Offerings ecosystem. Though the raised fund will be utilize roughly and investors will recover their fund if platform fall flat.

FOR MORE INFORMATION ABOUT THIS GREAT PROJECT, LET VISIT ANY OF THEIR OFFICIAL LINKS BELOW:

Websiite : https://icovo.co

Read their whitepaper docs here : https://icovo.co/whitepaper/20180620_icovo_wp_service_en.pdf

For token sale detail, read the whitepaper here: https://icovo.co/whitepaper/20180706_icovo_wp_tokensale_en.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4468796.0

Twitter : https://twitter.com/ICOVOCO

Medium : https://medium.com/icovo

Facebook: https://www.facebook.com/icovoco/

Telegram: https://t.me/icovoco

WRITER'S INFORMATION

Bitcointalk username : Bankroman3

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2029645

IMG_20180923_124441_304.JPG

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!