What is a DAICO

What is a DAICO?
It’s an improvement on the ICO fundraising model that incorporates certain aspects of DAO’s.

How does a DAICO work?
It starts off as a Smart Contract in contribution mode.

What elements from a DAO are incorporated?
The main difference is access to funds.

What are the benefits compared to ICO's?
It puts more control in the hands of investors.

What are some of the potential challenges with DAICO's?
As with any new concept, there will be some challenges that need ironing out.

What are some of the main characteristics of a DAICO?
It’s hard to say as the concept has never been implemented yet.

details here https://cointelegraph.com/explained/what-is-a-daico-explained