ICOVO : No ICO, No Future

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ICOVO, an interesting idea project built on the idea of ​​DAICO by Ethereum founder Vitalik Buterin. With the mission of having all ICOs using DAICO, the project will develop and open DAICOVO sources, in line with the thinking behind DAICO. In addition, the project will issue an OVO token, which will be used as a currency to purchase ICO investments. Ethereum, which has a high and universal distribution volume, is currently used as the main currency for procurement, but we will be benefiting ICO investors for using OVO for having Participate in projects on the ICOVO platform.

OVO is the only token in the world specializing in ICO fundraising. Its value of increasing ICO sounds is made on the ICOVO platform, so OVO will act as a symbol and health indicator of the ICO environment. In addition to creating a healthy ICO environment with DAICOVO and OVO as its core, ICOVO is tasked with broadening the scope of ICO investors and the ICO market itself. ICOVO will address these issues by removing barriers to the process of participating in ICOs so that people can easily participate. They will be resolved through offering ICOVO App (iOS / Android), which is integrated only the world's most optimized for ICOs and ICOVO Web, which will increase usability when joining ICOs through PCs. human.

ICOVO is essentially an ICO ecosystem that will act as a reliable source of authentic information. This ICO system will implement DAICO to realize better performing ICOs. The core service will be DAICOVO smart contracts, which were advocated by Vitalik Buterin, the co-founder of Ethereum. The primary aim of ICOVO is to make fundraising efforts through ICOs much better than they are at the moment.

ICOVO’s mission is to successfully expand the current ICO market and get a broader range of investors. To achieve this mission, ICOVO has released a dedicated app for both Android and iOS that integrates the first crypto wallet that is specifically optimized and designed for ICOs. Also, the ICOVO Web platform will help increase usability for clients when taking part in initial coin offerings through desktops on personal computers.

What is DAICO?
Proposed by Ethereum co-founder Vitalik Buterin on 6 January, 2018, a DAICO is a model that uses decentralized methods to prevent planners from dishonestly using funds raised through an ICO. In ICOs using tokens that conform to the ERC20 standard, smart contracts are used to limit the amount of funds raised that project founders can withdraw per unit of time, and if the project is canceled for whatever reason, the remaining funds can be returned to the ICO investors if a consensus is reached.

ICOVO Ecosystem
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  1. DAICOVO: DAICO Model Contract Intelligent Contract In addition to the functions required by ICO project creators such as issuance, sales and management of unique tokens, DAICOVO offers intelligent contracts Optimized for ICOs through the DAICO Model. For the ICO project creators, who use DAICOVO to implement their ICO on the ICOVO Web, all of the required work, including the token design, DAICOVO parameter setting, compilation and free deployment We plan to release DAICOVO as an open source.
  2. ICOVO app : Smartphone application with ICO-optimized wallet ICOVO's iOS / Android compatible smartphone application is a hybrid web and local service. It includes the world's first local wallet (as of January 2018) that can easily handle ICO list information and all ERC20 / ERC223 compliance tokens. It is compatible with DAICOVO and comes with functions that allow project founders to easily draft and conduct voting on fund management.
  3. ICOVO Web: ICO listing site with comprehensive ICO investor protection ICOVO Web is the website for ICO project founders listing their ICOs for investors. It thoroughly protects ICO investors and only lists ICO projects that comply with ICOVO requirements. The criteria for listing on ICOVO are the use of DAICOVO, the KYC / AML plan as requested by ICOVO and the disclosure of project progress. The biggest feature is the whitepaper version that uses IPFS. All articles of ICO projects listed on ICOVO Web are managed by IPFS. Whitepaper version through IPFS storage it can not fake with the white pages later. This means that even if the investor does not download the report before the ICO or lose it, they can always verify that the project is proceeding according to the original white paper, and if not,
  4. OVO Token: provides a 25% discount on completed project token purchase transactions. ICO investors use OVO to purchase a token for projects written on an ICOVO basis. 25% discount to ETH. Since OVO is the token that is exchanged, its price fluctuates compared to ETH. For this reason, the discount rate of 25% over ETH is set at whatever rate is immediately prior to the sale of the token for each project being drafted (resulting in a continued discount rate). fluctuates during the sale of the token. In addition, 30% of the amount plotted by planners is paid at OVO while the remaining 70% is paid by ETH.
Purpose of this project
Cryptocurrencies allow huge amounts of money to move, providing investors with more opportunities. Their deposits are invested in innovative based on blockchain startups. Thus, the ICO is an important element in starting a global interlinked system, in which modern blockchain startups are being involved, that is the key to the progress. ICOVO helps to grow up new startups associated with blockchain by making an access to the ICO program, which addresses the challenges faced by ICO. The leading purpose of ICOVO is to make all investments and operations with cryptocurrencies safe and secure.  Nowadays no ICO systems made up of the concept of

investments protection exist. However, there are several ICO listing sites, actively financed by ICO investors. Demanding the users of this system to work with DAICOVO, pass the KYC/AML controls themselves and raise up the transparency of the system, we strive to create all ICO programs on ICOVO reliable and secure and create the ICOVO brand as a very reliable ICO platform.  Missions of ICOVO:  
  1. To develop into an international brand for ICO-projects for internet start-ups associated with blockchain and ICO-investors; 
  2. To make a safe and secure platform for work with ICO;
  3. Give modern startups a chance to grow up.    
In order to carry out these missions, it is necessary to ensure a firm ICO foundation, expand the investor base of the ICO. In conclusion, the company works professionally and will continue to bring new innovations to the market. 

How does ICOVO work?
DAICOVO is a smart contract based on DAICO idea, proposed by Vitalik Buterin, founder of Ethereum Blocks. This will help ensure that ICO investors are protected at all times. It will be implemented through the ICOVO platform. In addition, AML / KYC will be provided to investors and project developers. The whitepaper version will use IPFS and blockchain will ensure no changes.

Only pre-approved ICO projects and DAICO deployments will be allowed on this platform. For these projects, the ICOVO token "OVOV" will be issued at a discount of 25% over the value of the ETH token. To address the high barriers to ICO participation, the platform will release optimized "ICOVO App" and "ICOV Web". This will replace MyEtherWallet, which can be confusing to novices.

ICOVO and ICOVO Web applications will come with a simple user interface, easy to use by anyone. It will include a purse that conforms to the standard ERC20 / ERC223 token. In addition, it will have a DAICOVO mechanism that will allow refunds to investors through a voting process. This will ensure that all that is required to become part of the ICO can be accessed only in one place.

The development of this project began in 2018 and despite the fact that it is still in development proposals has begun to drip. The founders of the project have requested opportunities for their projects to be hosted on the ICOVO platform. ICOVO will hold its own ICO and issue an OVO token around July 2018. In addition, there will be an air drop.

Token
The token’s main use-case is that the use of OVO tokens to invest in ICOs yields a discount of 50%. The reader should note that it is not necessary to use OVO to participate in ICOs listed in the platform, and he or she can use ETH instead. Considering this, it might be more accurate to think that the main product is the platform, not the token.

Any person who is planning to participate in ICOVO ICO should be aware that a bonus of 40% is offered to pre-sale contributors and only half of the bonus tokens allocated to closed sale investors are locked. The price offered to investors for this stage of closed sale is not public. Together with the fact that approximately one-third of team and contributor tokens will be unlocked immediately, token metrics do not seem favorable. The second one-third will be unlocked after six months and the rest after twelve months.

Token Details
Token: OVO
Total supply: 200 million tokens
ICO rate: 1 OVO = $0.3
Hard cap: 60,360 ETH
Soft cap: 5,868 ETH
Funding goal: 33,533 ETH
Accepted currency: Ethereum (ETH)

Roadmap 

Team 

Detail Information : 

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