ICOVO SYSTEM USER INTERFACE ON GOOGLE ANDROID AND IOS OPERATING PROGRAM

Tarviz Lisar
4 min readSep 28, 2018

At ICO, investors buy tokens or coins that can be utilized in the platform or traded on the exchanges later. In 2018, even more, and even more startups are performing ICOs which are approximated to increase at least $ 6.198 billion according to icowatchlist.com. In response, ICOVO programs to start a
system to assist in traders and startups to manage ICOs.

The ICO sector is rapidly developing in 2017–2018. However, this development was not supported by platforms or regulations that guarantee the funds collected were used correctly.

Even more and even more instances of embezzlement and fraud create panic for traders who need to participate in ICOs. As a total result, a financial development that uses the tokenomics idea is usually hampered.

I noted that various problems arose because of this of these unregulated ICOs, namely:

Details validity: Details such as whitepapers and groups were often ill. There was a tremendous comprehensive deal of plagiarism in whitepaper composing, as well as fake identities from the startup organization administration group.

Display: Important details were severely presented. Traders had difficulties in getting essential details that are somewhat hidden frequently.

Fundraising system: Savvy deals were often not audited as a result leading to a protection space. Traders who perform not understand how to make use of ethereum wallets got problems in trading.

Account protection: Money were not positioned in escrow thus it is most likely to end up being embezzled by the startup group.

Make use of finance: Money was not provided in levels in compliance with milestones, as a total result, administration groups were often inefficient in managing money and then work out of money.

ICOVO is a platform to resolve these problems.

ICOVO shows up from the phrases ICO and OVO (egg), which confirms that this system is an incubator system for startup businesses. ICOVO uses the Decentralized Autonomous Preliminary Coin Supplying (DAICO) idea recommended by Vitalik in January 2018. The stage is generally that DAICO makes ICO safer because:

Voting system;

Progressive disbursement of funds; and
Discount service (task cancellation), by voting also.
The ICOVO platform contains three primary parts:
DAICOVO: a wise agreement that implements the DAICO model;
ICOVO Internet: ICOVO plan user interface on the internet site;
ICOVO App: ICOVO system user interface on Google Android and IOS operating program.

This project has a proper type that can be downloaded on Google App and Play Store. Presently, this program features as an Ethereum wallet, but various features will be added based on the projectb timeline.

This is the most crucial factor in determining ICOVO as a serious project. I notice that the ICOVO group users had been using legal identities. This can end up being seen by their Youtube movies and their public press actions. Furthermore, the group usually is positively taking part in the blockchain meeting.

The ICOVO interface allows Traders to obtain valid information regarding whitepapers, teams, prospectuses, and streamline the investment process in the ICO.

The OVO can be used by the ICOVO platform token; i .elizabeth. The ethereum ERC20 symbol utilized by the ICOVO system to the election and invest in ICOs. Traders can purchase this small for $0.3 during the symbol sale.

Today, the usage of cryptocurrency is still limited to speculation and investment tools. As a result, a system to facilitate ICO usually is a necessary and extremely relevant business model.

This task will not have got high risk likened to various other functions that are as well futuristic like artificial cleverness tasks for example.

This project has a bright prospect because it can resolve actual problems. This platform shall allow the implementation of a safer, even more responsible, and even more decentralized ICO.

Nevertheless, of training course, everything depends upon the time, adoption, and proficiency of the creator group to build a quality system.

Website :https://icovo.co/

White paper :https://icovo.co/whitepaper

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

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

Twitter: https://twitter.com/ICOVOCO

Linkedin : https://www.linkedin.com/company/icovo/

Medium : https://medium.com/icovo

BItcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1519159

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