When managed and done properly, investment can be a great way to give you a passive income on a regular basis. Unfortunately, a lot of people are still doubtful about this kind of money-saving system because they are worried that their money will be lost. ICO investment doesn’t make (future) investors less worried. In fact, they are more worried because everything is run and managed digitally. With ICOVO, however, such concern should be addressed and minimized so people would be encouraged to invest more without putting further risks.
The Risks in ICO Investment
If you know how to do it right, ICO investment can be the best source of passive income with as minimum fuss as possible. Imagine this: You buy some tokens (which mean that you will have to exchange your money with the digital money or the cryptocurrency). If you don’t want to do anything with the tokens, that’s fine – just leave it and you can still enjoy the profit. If you want to make use of the tokens (to buy something, for exchange, or to do transactions), you can do it too – and the remaining tokens of yours can still be used to generate the passive income. That’s pretty cool, right?
However, the ICO investment still has risks, especially if you choose the wrong platform. Although it may be protected with the blockchain algorithm and a smart contract, the administrator can still have access to your money. They can take the money and run away with it, leaving you nothing. Sure, they may be wanted by the police, but they have taken the money and at least had fun with it.
ICOVO Role
With ICOVO, however, things are expected to be different. Investors are given both restrictions and also freedom to control their money – provided the situation. Let’s say that a project is going to launch, so a certain amount of fund will be needed. If investors want to withdraw their money before or during the project, they can still do it but with limited amount. The remaining will stay to fund the project. However, if the investors suspect anything (illegal activity, shady plan, etc) and they are able to present the proof to the administrator, they can withdraw all of their money. They won’t lose anything.
In the event that a platform doesn’t operate as expected and it isn’t as profitable as expected, investors can withdraw their money in full. This is different from other platforms. When other platforms fail in their operation, investors don’t get the refund of their money although the administrators claim that they will. Such a thing won’t happen with ICOVO. After all, the platform has its own app so it should be easy to control and manage everything.
It doesn’t mean that all kinds of platforms are dangerous and risky. It doesn’t mean that ICOVO will be super safe that it has zero risk either. I’m just saying that ICOVO has thought about everything carefully and they want to create a safe platform with as little risk as possible. You know what to do and where to turn if you want to have a safe investment.