ICOVO - The Next Generation Global Standard For ICO Platforms

maniakbtc (1)(1)in #cryptocurrency • 6 years ago (edited)

Cryptocurrency allows for enormous amounts of wealth to be transferred, giving these investors the power to change society. As a result, the next generation of young investors with flexible thinking and deep understanding of technology has emerged. Their funds are invested in "innovative start-ups related to blockchain". Thus, the ICO is not a milling fund raising tool, but an important part in creating an ecosystem that incubates the start-up associated with blockchain that will create the future. We must not prematurely destroy the instruments that create this future by reason of lack of investor protection, or need to perpetuate the central government authority.

The ICO is the core of the ecosystem needed to incubate innovative startups and are linked to blockchain. The mechanism for this future must not be destroyed, but rather carefully preserved

What Is ICOVO?

To achieve our mission of developing the ICO to be "the core of the ecosystem needed to incubate an innovative blockchain-related startup" that will create a future, ICOVO must become the next generation global standard for truly valuable ICO platforms for both innovative blockchain-related startups and ICO investors.

At the same time, we will make the ICOVO framework a global standard by proposing a new decentralized hybridization management framework to central governments around the world that are currently trying to develop a healthy ICO environment through centralized methods.

ICOVO Services And Organizations

ICOVO is a complete ICO support service that provides DAICOVO, a platform for managing the issuance of tokens on the ICO using the DAICO ERC20 / ERC223-compliant framework, the ICOVO App, which includes a wallet function that can manage all ERC20 / ERC223-compliant tokens, KYC / AML functions for ICO investors, Block Chain and IPFS-based whitepaper versions, and ICO Web, ICO listing sites with ICO project management functions, as well as other ICO requirements such as whitepaper reviews and other documents, legal checks, engineer work from adjusting DAICOVO parameters for deployment, and Offering all of this thoroughly will convince ICO investors, give credibility to the founder of the ICO project, and make ICO more votes,while at the same time lowering the barrier to entering the ICO by consolidating the participation process (see picture below).

DAICOVO: Smart Contracts That Apply The DAICO Model

In addition to the functions required by ICO project founders such as issuing, selling, and managing unique tokens, DAICOVO offers intelligent contracts optimized for ICOs that adopt the DAICO model. For ICO project founders who use DAICOVO to do their ICO on ICOVO Web, all work is needed, including token design, DAICOVO parameter settings, compilation, and deployment, free. * 1 DAICOVO is available as open-source software. ( https://github.com/icovo/DAICOVO )

ICOVO App: A Smartphone Application That Displays A Wallet That Is Optimized For ICO

ICOVO's iOS / Android-compatible smartphone application (ICOVO Wallet on iOS and ICOVO Wallet PLUS on Android) is an original and web hybrid. This includes the first local wallet in the world (as of January 2018) that can easily manage ICO list information and all ERC20 / ERC223-compliant tokens. This is compatible with DAICOVO and is equipped with a function that allows the founders of the project to easily compile and vote on fund management.

Using the ICOVO App eliminates the need for project founders who hold ICOs through ICOVO to develop new wallets or prepare third-party wallets for their tokens. It also uses a dedicated dedicated KYC / AML photo uploader, which prevents tampering with passport and narcissistic photos. We designed it together with ICOVO Web, imagining that the ICO project whitepaper will be read on ICOVO Web and investments are made through the ICOVO Application, but this application is fully optimized for ICO, offering everything from whitepaper display, KYC, token purchases, and management accounts to compile and select related to fund management. Also, it has an interface for Decentralized Exchange (DEX) where users can trade their tokens.

ICOVO Web: Site Listing ICO With Comprehensive ICO Investor Protection

ICOVO Web is a website for the founders of the ICO project to register their ICOs with investors. This really protects ICO investors and lists only ICO projects that comply with ICOVO requirements. The criteria for listing at ICOVO are the use of DAICOVO, KYC / AML planners as required by ICOVO, and disclosure of project progress.

The biggest feature is the whitepaper version using IPFS. All ICO project whitepapers listed on the ICOVO Web are managed by IPFS. The whitepaper version via IPFS storage makes it impossible to tamper with the whitepaper later. This means that even if investors fail to download the whitepaper before the ICO or lose it, they can always verify whether the project runs according to the original whitepaper, and if not, they can compile and vote for their money to be returned.