Web Link : https://icovo.co/

INTRODUCTION

Funds gather in projects that provide services or technology with the concept of decentralization that will turn the very foundation of our existing society upside down, rather than where immediate returns are expected. The reason for these huge investments is because ICO investors are completely different from equity investors. They are dysphoric and doubtful about the current state of society, and have a sense of duty to create a plentiful future.

Twenty or thirty somethings that firmly understand the potential of technology to achieve this are pivotal. They held on to Bitcoin, Ethereum, and other AltCoins before the initial price surge, and raked in large capital gains. These sums would be impossible to attain by a twenty or thirty-something conventionally working in the structure of the present society.

ICOs are at the crux of the ecosystem necessary for hatching innovative blockchain-related startups. ICOVO will support healthy ICOs, which will create the future, by offering ICOVO Web, ICOVO App, and DAICOVO. Details are described in the three points below:

• Increase ICO Transparency and Protect Investors.
• Reduce Barriers for ICO Participation.
• Increase Project Durability.

Investing in initial coin offer (ICO) is a huge way of making lots of profit but comes with high risk with the current boom of ICO activity, many industrialists are running ICO campaigns to raise capital for their startups in order to fund their projects and promote their products on the global market.Web Link : https://icovo.co/

The key goal of any initial coin offer is to deliver a final product. The project idea, however, isn’t limited to just this. The ICO provides a certain number of functions and specific features. Hence, it also aims to deliver a post-ICO coin/token that investors can sell or exchange after crowdfunding. Cryptocurrency tokens are used to participate in token sales, for investment and exchange purposes for profit, and to increase the value of investments.

The more suitable the token is for community usage, the higher the value it obtains. Therefore, cryptocurrency must provide the possibility not only to be used within the project, but also the ability to conduct exchanges, make deposits, process payments, and serve as a means of rewarding investors. Although with this ideology there are still challenges that need to be solve.

From the progression around most of the crypto asset advertisement about their initial coin offer coming out every day, study have shown that the vast majority of ICOs launched since the inception of cryptocurrency to date have been proven to be fraudulent in nature.

This study shows that they are Identified Scams which simply means projects that did had no intention of accomplishing project development obligations with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam."Web Link : https://icovo.co/

Base on the above classification, as a percentage of the total number of ICOs, it has been report that approximately 78% of ICO's were Identified Scams, approximately 4% Failed, approximately 3% had Gone Dead, and approximately 15% went on to trade on an exchange.

Irrespective of the challenges face by investors ICOVO profound a solution to make ICO a healthy, profiting and user friendly environment for investors.

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Web Link : https://icovo.co/
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