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.
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."
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.
ICOVO is the number one and only genuine platform that helps investors to pick up ICO project to invest their hard earn money that will yield investors great and most rewarding profit.
ICOVO helps to detect fraud ICO and prevent investors from investing in such ICO.
ICOVO create a management system and a standard for cryptocurrency project initial coin offer startups using a centralize –decentralize blockchain technology for private cooperate and governmental bodies across the nations of the world.
What are the solutions icovo provide?
Transparency:
ICO investors are protected from participating in fake ICO by introducing fund raising management system while simultaneously increasing the transparency of ICO project for founders of such ICO project in other to attract more investors to participate.
Project durability
ICOVO Create a system that help founder of ICO to only withdraw tokens according to their propose investment demand plan actualization
Reduce barriers
Icovo eliminate cross border barrier participation of investors in ICO by unifying investment processes.
WHAT ARE THE SERVICES ICOVO OFFER
ICOVOWEB
ICOVO create a website called ICOVOWEB where ICO project are listed after much fundamental and technical analysis have been done for investors. All ICO listed must pass KYC requirement for according to the terms and condition of the ICOVO.
ICOVOAPP
ICOVO create a sophisticated and user friendly iOS/Android compatible smartphone app simultaneously with web hybrid. This helps investors to manage informations about ICO listed with respect to ERC20/ERC223 compatible and also also allows ICO founders to conduct voting campaign for fund raising
DAICOVO
Icovo create DAICO, is a classical system that uses decentralized approaches to avert organizers of ICO misusing fund raise from ICO. This system allow funds return back to ICO investors if the prospective ICO Project do not reach their excepted fundraising or the project is cancel due to unforeseen circumstances . With the help of the DAICO VO the amount token withdrawal by ICO founders are control per time which gives credibility and excepted life span of the project to be actualize.
DAICOVO
Icovo create DAICO, is a classical system that uses decentralized approaches to avert organizers of ICO misusing fund raise from ICO. This system allow funds return back to ICO investors if the prospective ICO Project do not reach their excepted fundraising or the project is cancel due to unforeseen circumstances . With the help of the DAICO VO the amount token withdrawal by ICO founders are control per time which gives credibility and excepted life span of the project to be actualize.
OTHER SERVICES OFFER BY ICOVO
Other services include the following:
business model evaluation
whitepaper review
legal check by a Swiss lawyer
Press release distribution in English, Japanese, German, French, and Italian.
DETAILS ABOUT ICOVO ICO
Start date: 2018-09-24
End date: 2018-10-08
Amount of Token: 120million
Price of 1 OVO: 0.3USD
Currency accepted: ETH
Minimum Amount of Purchase: 100USD
Maximum amount of purchase: 250,000USD
ROADMAP
For more information about the icovo project and update visit the below link
https://icovo.co/
https://www.facebook.com/icovoco/
https://twitter.com/ICOVOCO
https://t.me/icovoco
https://t.me/ICOVOChanel/
https://www.linkedin.com/company/icovo/
https://medium.com/icovo
https://github.com/icovo
https://bitcointalk.org/index.php?topic=4468796.msg40076110#msg40076110
https://www.reddit.com/r/ICOVO/
https://discord.gg/Xus8usH
https://icovo.co/whitepaper/20180620_icovo_wp_service_en.pdf
Author Detail's
Bitcointalk username: wizardcrypto
Bitcointalk URL Profile: https://bitcointalk.org/index.php?action=profile;u=2312222