Hello everyone!
Having successfully finished our pre-sale, we started the phase-1 of ICOVO crowd-sale with 10% bonus from 10th October, 2018.
We received many questions regarding the token sale and ICOVO by investors via Twitter, Facebook, Telegram, Bitcointalk, and e-mail.
In this article, we have compiled the list of frequently asked questions by our investors after the start of our token sale with answers.
ICOVO Frequently Asked Questions with answers
Question: What happens to unsold tokens?
Answer: Tokens left over from the crowd sale will not be issued.
Question: When will be OVO token listed on exchanges?
Answer: We have already been listed on several exchanges, deposits and withdrawals will be opened by December.
Question: After payment of ETH, when will I receive OVO?
Answer: You will receive the OVO tokens instantly.
Question: What is the different between ICOVO and other ICO platforms?
Answer: ICOVO is the world’s first and only ICO Platform protecting Investors with DAICO.
In fact, there are many ICO platform services, but there are no ICO platforms built around the idea of protecting investors.
We have our own wallet “ICOVO App”, ICO list site “ICOVO Web” and smart contract “DAICOVO”.
Our core service is the DAICOVO smart contract, which is based on the concept of DAICO, which was advocated by Ethereum co-founder Vitalik Buterin in January 2018.
In addition to the functions required by ICO project founders such as issuing, selling and managing unique tokens, DAICOVO offers smart contracts optimized for ICOs adopting the DAICO model. For ICO project founders who use DAICOVO to do their ICO on ICOVO Web, all the required work, including token design, DAICOVO parameters setting, compilation and deployment is free. We plan to release DAICOVO as open source.Question: What is the use of OVO tokens later? If I hold tokens now, how can I use it later and how will you create the demand?
Answer: For ICOVO project itself, the OVO token can be used for voting to raise tap or refund (self-destruct), as DAICOVO’s basic functionality. ICOVO project is performing DAICO compliant token sale.
For projects listed on our platform in future, you can purchase their project tokens at 25% discounted rate by using OVO tokens, whereas there would be no discount for using ETH as a form of payment.
If you have any questions, feel free to contact us on Telegram or contact@icovo.co. We look forward to actively communicate with you.
