ICOVO

Introduction ICOVO

ICOVO is the world’s first and only ICO platform that can actualize healthy ICOs. 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.

Each country’s government is advancing regulation in order to create a healthy environment for ICOs, but this is difficult to achieve for borderless ICOs using only centralized regulation.

We will solve fraud and decrease in project motivation – the problems raised by ICOs – through the decentralized approach of DAICO.

With the mission of having all ICOs use DAICO, we will develop and open source DAICOVO, which is aligned with the thinking behind DAICO.

In addition, we will issue OVO tokens, which will be specialized as a currency for procuring ICO investments.

Ethereum, which has a high distribution amount and is universal, is currently used as the main currency for procurement, but we will provide benefits for ICO investors for using OVO for participating in projects on the ICOVO platform.

DAICOVO is a framework for ICOs implementing the concept of DAICO. DAICOVO supports fund management using the DAICOVO model, in addition to the functions required by ICO project founders such as issuing, selling, and managing unique tokens.

MISSION & VISION

ICOs are at the crux of the ecosystem necessary for hatching innovative blockchain-related startups.

ICOVO will support a healthy ICO which will make a future by offering ICOVO Web ICOVO App and DAICOVO. Details are described below in three points.

1.Increase ICO Transparency and Protect Investors

2.Reduce Barriers for ICO Participation

3.Increase Project Durability

Current Problems to Solve

From the ICO investor perspective:

Problem: Even if the ICO project is canceled or frozen, funds are not returned.
Solution: Using DAICOVO makes refunding possible.

Problem: It is difficult to identify scam ICO projects.
Solution: KYC/AML and project progress disclosure as required by ICOVO can be used as a guide for judgment.

Problem: A passport photographed for KYC can easily be falsified with photo editing software.
Solution: The ICOVO App’s dedicated KYC/AML photo uploader prevents photo editing.

Problem: Different whitepaper formats make it difficult to compare ICO projects.
Solution: ICOVO Web provides the information common to all the projects in the same format.

Problem: Whitepapers can be tampered with.
Solution: ICOVO Web uses Blockchain and IPFS to make it impossible to tamper with the whitepaper, so you can always view the whitepaper published before the ICO even if you didn’t save it.

Problem: ICO investment has a high barrier to entry.
Solution: The ICOVO App is optimized for ICO tokens, so using it makes it easy to participate in token sales and manage tokens.

Problem: It is difficult to draft and vote for things such as a DAICO refund.
Solution: The ICOVO App makes it easy to participate in drafting and voting on the management of procured funds.

From the ICO project founder perspective:

Problem: A token issuing system must be developed to do an ICO.
Solution: Using DAICOVO and the ICOVO App makes development unnecessary.

Problem: For an ICO to be successful, the trust of ICO investors must be gained.
Solution: Implementation of DAICOVO and KYC/AML as well as disclosure of project progress as required by ICOVO conveys that the project is above board and sincere.

Problem: Sometimes planners need ICO advice.
Solution: ICOVO offers free consultation on everything from business model planning to ICOs.

Problem: Planners lack the funds to conduct an ICO.
Solution: ICOVO’s initial charge is only 10,000 USD. If the ICO succeeds, there is a fixedrate success fee; if it fails, there are no fees beyond the initial charge.

Problem: Planners lack a system to implement KYC/AML for a large number of ICO investors in a short amount of time.
Solution: ICOVO implements KYC/AML on behalf of the planners.

Increase ICO Transparency and Protect Investors

We 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.

Decentralized Token Management

We will create DAICOVO, an original smart contract incorporating DAICO’s fundamental idea of decentralized token management.

We will introduce a system that only allows withdrawals according to the capital demand of a project’s pre-loaded schedule through a Tap system (setting an amount that can be withdrawn per unit of time). This will prevent developers from running off with raised funds.

In the event that an investor notices a problem with the project, they are able to retract their investment that was raised under agreement as a refund.

Decentralized White Paper Versioning

Versioning for White Paper not to be tamperd is managed by InterPlanetary File System (IPFS).

Team Member KYC/AML

We will increase ICO project team member’s transparency by providing ICO project team member’s KYC/AML on ICOVO website in a centralized method.

Visualize Activity Situation

We will increase project transparency by quantifying social media activity and GitHub updates on ICOVO’s website.

Reduce Barriers for ICO Participation

Create a better investment environment and reduce barriers

to ICO participation by unifying the investment process and the format for information disclosure.

Implementing Local Wallet

Implementing a safe local wallet in ICOVO’s original ICO-specialized smartphone app, the ICOVO App, helps with understanding the participation process for complicated token sales and managing tokens.

Unifying Formats

ICO project pages and summaries of whitepapers on ICOVO’s website presents information consicely, making it easier to understand for investors. Accessibility is enhanced by offering a summary of all the projects using the same format.

Reducing labor for KYC

Eliminate the need for ICO investors to do KYC each time they invest. When they participate in ICO project token sales on the ICOVO App, they perform KYC only once as ICOVO will share the information with the ICO project founders.

Increase Project Durability
Sustain project founders’ motivation for product release and increase project durability by introducing a system in which project founders can only withdraw tokens according to their investment demand milestone.

Fund acquisition≠Goal

By introducing a system of original smart contracts implementing DAICOVO in which funds can only be withdrawn according to a project’s pre-loaded schedule by Tap (set an amount that can be withdrawn per unit of time), motivation to finish the project founders.

Token information

Token OVO

Platform Ethereum

Type ERC20/ERC223

Price in ICO1 OVO = 0.30 USD

BONUS

Pre-sale + 40% Crowdsale 1 +10% Crowdsale 2 +5% Crowdsale 3 + 0%

Tokens for sale120,000,000

Investment information

Min. investment 100 USD

Accepting ETH

Distributed in ICO 60%

Soft cap 5,868 ETH

Hard cap 60,360 ETH

CROWD SALE
Start Date: 2018-11-01 00:00 (UTC)

End Date: 2018-11-30 23:59 (UTC)

Minimum purchase amount: 50 USD

Maximum Purchase amount: 250.000 USD

ROADMAP

1.Q1 2018

ICOVO Project was started. ICO Platform Implementing DAICO was designed;

DAICOVO which is a customizable smart contract　integrating DAICO was designed;

Corporate site was opened. Press releases in　Switzerland, Singapore Japan were distributed;

Preparations for ICO was started.

2.Q2 2018

White List registration, KYC/AML and CrowdSale will be started;

ICOVO App version 1.0.0 Implementation for Wallet ,ICO Dashboard and uploader of ID photo will be launched;

Events in Zug , Tokyo and Singapore will be held;

ICOVO Web version 1.0.0 implementation for ICOVO’s Dashboard will be launched.

3.Q3 2018

CrowdSale will be started and OVO token will be　listed on exchange;

ICOVO App version 1.1.0 implement of DAICOVO will be launched;

ICOVO News Media (icovo.net) will be opend;

DAICOVO version1.1.0 implement of Whitepaper versioning will be launched.

4.Q4 2018

ICOVO Web version 1.2.0 implement of　management Mypage for drafter will be launched;

ICOVO App version 1.2.0 implement of ICO list will be launched;

Co-working space for innovative blockchain-related startups will be opened in Zug, Switzerland;

DAICO version 1.2.0 implement of parameters setting will be launched.

5.Q1 2019

ICO support service will be started;

ICOVO Web version 1.2.1 will be launched;

ICOVO App version 1.2.1 will be launched;

DAICOVO version 1.2.1 will be launched.

6.Q2 2019

Co-working space for innovative blockchain-related startups will be opened in Tokyo;

6 months hard-lock term’s of token will be　ended.10% bonus token will be distributed to OVO token holder.

7.Q3 2019

We will check the situation of country law and start global deployment.

TEAM

Akihiro Yamase

Chief Executive Officer / Co-Founder

Masahiko Kumada

Chief Financial Officer / Co-Founder

Yoshikazu Nishimura

Chief Technology Officer / Co-Founder

Takuya Obata

Chief Operating Officer / Chief Blockchain Engineer / Chief Tech Evangelist

Oliver Gomm

Chief Administrative Officer

Iwao Sasaki

Chief Design Officer

Taisuke Mino

Blockchain Engineer

Ria Soni

Evangelist

Tyler Carrico

Evangelist

Tamon Fujiwara

Evangelist

Kim Byung Joon

Evangelist

Haruna Tanaka

Marketing Manager

Atsuko Chiba

Communication Manager

ADVISORS

Tom Frey

Legal Advisor

Quek Li Fei

Legal Advisor

More information contact :

Website : https://icovo.co/

Whitepaper : https://icovo.co/whitepaper/20180831_wp_service_en.pdf

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

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

Reddit : https://www.reddit.com/r/ICOVO/

Twitter : https://twitter.com/ICOVOCO

Telegram : https://t.me/icovoco

Author : Upik05

BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131

Address wallet

0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4