ICOVO REVIEWS

jupitar (37)in #icovo • 6 years ago

In the crypto world today,millions of cryptocurrency whitepapers hide most of the crucial information's that are supposed to be included in their whitepapers. These information are the financial details of the project such as the balance sheets.

The main reasons behind these actions is because most of the ICO investors are not interested in the latest returns unlike the equities investors. This ICO investors only read the outlined whitepapers,analyze the code that is uploaded on the Github site for integrity and then they will judge if the project will have a great impact on the society.

Their method of evaluation is mostly based on the growth of the project. So as a result of this, the funds that are gathered which provide services and technology with the concept of decentralization will end up turning the whole foundation upside down without any returns.

The main reason for this kind of huge investment is simply because the ICO investors are totally different from the equity investors. This ICO investors are doubtful about the current state of the society and their sense of duty is to create a plentiful future.

Most of them are pivotal and they end they end up holding on to bitcoin,ethereum and other altcoins before the initial price surge and raked in high capital gains. Cryptocurrency allows people to move millions of wealth which is not possible in terms of other currency and because of this it gives the investors the opportunity to change society.

This have created a next generation of young investors with a flexible thinking and deep understanding of technology and their funds are invested in innovative blockchain related startups.

However, ICO is not a fundraising tool but it is an essential piece in creating an ecosystem thereby incubating innovative blockchain startups that will create the future. This is the main reason why the ICOVO platform was created to incubate innovative blockchain related startups,provide an ICO platform and solve the problems of ICOs.

THE ICOVO CONCEPT

The main concept of this platform is to cultivate ICOs into the core of hr ecosystem that will be necessary for hatching innovative blockchain related startups that will create the future.

The ICOVO platform wants to be the next generation global standard for the whole ICO platform and this is will be so valuable to both innovative blockchain startups and the ICO investors.

They want to make ICOVO framework the global standard simply by proposing a new centralized decentralized hybrid management framework to the central government all around the world that is currently seeking to develop a healthy ICO environment and this will be achieved through the process of centralization methods.

THE ICOVO SERVICES

ICOVO platform is a one step ICO support service that provides DAICOVO. The DAICOVO is a platform that manages the issuance of tokens in ICOs by simply using ethereum ERC20/ERC223 compliant DAICO frame work. The ICOVO platform have many components that it work with and they include

The icovo

Kyc/Aml

Blockchain and IPES based whitepaper versioning

ICo web

Ico listing site and ico project management functions

The diagram below summarizes the icovo services and the organization overview.

THE ICOVO VISION

The icovo platform wants to create a global standard for the icos platform for innovative blockchain and they will achieved this by using this three key methods

(1)PROPEL ICOs:.. Currently today,many countries have prohibited ICOs all to protect the investors with same regulation still in place. So due to lack of resources and the border less nature of the ICOs,it is very difficult for the centralized government to supervise administration with none standard methods.

The Icovo platform wants to solve this problem by using autonomously operating system which does not depend on individual expertise. This system will be a hybrid of the centralized client server model and also a decentralized P2P model featuring majority consensus.

(2)REDUCE BARRIERS FOR ICO PARTICIPATION:.. The icovo platform will solve this by making use of the icovo app. The app is optimized for ICOs and it also contain list of ICOs and features the worlds first wallet where all tokens that are ERC20/ERC223 standard can be managed. So this gives any body that has a smartphone an opportunity to invest in an ICO project through the ICOVO app.

(3)IMPROVE PROJECT DURABILITY:. The platform wants to solve this by giving the project founders the option to withdraw procured funds and this is only possible within their capital time line and when the milestones have been reached.

THE TOKENS

The icovo token name is OVO and it is a utility token. It can be used as a means of payment on the platform. It can also be employed for investment with discounts to pay fees and access services.

Tokens to be sold--- 60%

ICO start--- 17July 2018

Token type---- ERC20/ERC223

Accepted currencies--- ETH

Price---- 1ovo =0.3$

All unsold tokens will be burned.

ROADMAP

CONCLUSION

This is really an interesting platform with great concept. According to the whitepaper,the team members are made up of professional genius that is perfectly good in what they do and they have many potential concept to make the project worth more than expected.

I will advice every one to invest in this project because it worth more than what it stand for. However,for more information just follow the links below and found yet interesting details in their website and the social media platforms.

TEAM MEMBERS