ICOVO - ICO Platform Protecting Investors with DAICO

mifti (-1)(1)in #icovo • 6 years ago (edited)

Introduction Video

About 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.

MAIN FEATURES :

DAICOVO: Smart contracts implementing the DAICO model

In addition to the functions required by ICO project founders such as issuing, selling, and managing unique tokens, DAICOVO offers smart contracts optimized for ICOs adopting the DAICO model.

ICOVO App: A smartphone app featuring a wallet optimized for ICOs

ICOVO's iOS/Android features a multi-token multi-account wallet compatible with ETH and ERC20 tokens based on the safe private wallet, Wallet format with the purpose of enhancing security by storing the private key only in the mobile device not online, that has been released and is already in use by many, Tachyon, developed from scratch by our CTO Nishimura.
ICOVO App have the one stop solution for investors and project founders. Project founder don't need to develop it anymore.

ICOVO Web: An ICO listing site with thorough ICO investor protections

ICOVO Web is a website for ICO project founders to list their ICOs for investors. It thoroughly protects ICO investors and lists only ICO projects that comply with ICOVO requirements. The criteria for listing on ICOVO are the utilization of DAICOVO, planner KYC/AML as required by ICOVO, and disclosure of the progress of the project.

ICOVO VISION :

Decentralized Token Management

ICOVO will create DAICOVO, an original smart contract incorporating DAICO’s fundamental idea of decentralized token management. It 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according to the capital demand of a project’s pre-loaded schedule through a Tap system (setting an amount that can be withdrawn per unit of time).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

OVO 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

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

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.