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ICOVO PROJECT AIMS TO SOLVE ALL ICO'S RLEATED PROBLEMS

sodafNov 1, 2018, 12:12:05 PM
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INTRODUCTION:

There are lots of fraudulents activities going on today ICOS Cryptocurrencies Industries .Investors has lost confidence in Investing in ICOS related Project due to the lack of transparency and funds mismanagement by the Team thereby leading to failure of the project .ICOVO Project has been designed to fix all these aforementioned loopholes and making ICOS investment credible and worthwhile to invest.

ICOVO is the first and only ICO platform in the world, which enables investors to safely invest in ICO projects. The core of the service is the DAICOVO smart contract, which is based on the concept of DAICO, which was supported by the co-founder of Ethereum, Vitalik Buterin in January 2018. DAICO system will solve almost all current problems of the industry. The company will take over the regulatory and controlling functions, thereby protecting the funds of investors and investors, eliminating the possibility of falsification and freezing of resources. All data of white paper and official documents will be stored in the ICOVO file system, it will be impossible to change them.


MOST COMMON PROBLEM RELATED TO ICOS 

1.) Lack of money to promote good resources.

2.) Lack of Experience with fundraising for ICO.

3.) Security and stability of the KYC / AML system.

4.) Application of the regulator - smart contracts for issuing tokens.

COMPONENTS OF ICOVO ICOS


Tokenization

In an effort to increase the popularity of the resource, the developers have created DAICOVO with open source code, therefore, the source code of the project will be available on the github in the public domain. Currently, the main currency of the ecosystem is Ethereum tokens. However, the introduction of an additional OVO token is also expected. This is the only type of token that has a purpose - the purchase of investment ICO.

DAICO Smart Contract

In addition to traditional cryptocurrency - tokens, for maximum security of all operations within the system, it will be possible to establish transactions through the implemented smart contract. Unlike traditional options, this type of contract will be embedded in the DAICO model and optimized for ICO. Operations are possible through a special web-based ecosystem.


ICOVO AIMS TO SOLVE INVESTORS PROBLEM

1.) Investors will no longer have problems associated with the loss of their contributions in case of project failures. Thanks to the DAICOVO smart contract, all investor funds will be returned to their wallets automatically.

2. ) At the moment, it is quite difficult to determine the obviously scam ICOs. The ICOVO team found a solution, on the platform there will be open information about KYC / AML and the progress of the projects.

3.) Today, passport photographs for passing the identity verification procedure can be easily falsified with Photoshop. ICOVO will incorporate a KYC photo sensor into its application, which will prevent photo editing.

4.) White paper can change at any time and correct how it will be convenient to the organizers of the project. In COVO Web, Blockchain and IPFS are used, this approach makes it impossible to interfere with technical documentation.

5.) With Icovo, the investment process is easy and safe. IOS / Android or ICOVO Web mobile app available. You can use what is at hand or which is more convenient for you.

6.) Icovo considers the individual characteristics of projects but adheres to uniform rules and regulations. It is easy to compare projects, because and they are based on the same service schemes, concepts, rewards programs, and more.

7.) When a company conducts an ICO on ICOVO platform, investors who buy its tokens for OVO tokens, and not Ethereum, will be given an additional discount of 25%.

ADVANTAGES OF ICOVO PROJECT

Smart Contract

Decentralized management of payments through a smart contract. This will not allow developers to run with the funds involved.

Decentralization of White Paper

White Paper will be stored on the blockchain. ICO project will not be able to make any changes to it.

KYC

All will directly passes KYC. To make the relationship as transparent as possible between all members of the ICOVO platform. At what investors, they carry out KYC only once, since ICOVO will share information with the founders of the ICO project.

ICO DETAILS :

Token :OVO

Price :1 OVO = 0.30 USD

Bonus: Available

Bounty : Available

MVP/Prototype : Available

Platform : Ethereum

Accepting ETH

Minimum investment :100 USD

Soft cap :5,868 ETH

Hard cap : 60,360 ETH

Country : Switzerland

Whitelist : KYC KYC & Whitelist


ICOVO ROADMAP


ICOVO TEAM


Links for further reference :

★Web : https://icovo.co/

★ Twitter : https://twitter.com/ICOVOCO

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

★ Telegram : https://t.me/icovoco

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

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

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

Authors info 

Bitcointalk username : Lohladex

Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=2328928

Eth wallet : 0xd8bcd4b152bd2ac173deb15d14160ed1225f0e05