What is ICOVO (OVO)?

ICOVO is a new ICO platform that targets the problem of projects stopping due to the lack of interest and motivation of the founders. In order to mitigate this problem, the platform will make use of the KYC/AML, DAICOVO, and IPFS.

The ICOVO platform will utilize the DAICOVO process as a means of protecting investors’ ICO investments. Even if the regulations becoming tighter, the ICO market was still able to reach up to $5.8 billion USD during the first quarter of 2018. It even surpassed the recorded market size of ICOs during the previous year which only reached 3.9 billion dollars.

Business Models

Proposed by the Ethereum founder Vitalik Buterin, the DAICO idea became the inspiration of the DAICOVO smart contract. It ensures and guarantees that ICO investors’ funds are protected at all times. It’s implementation is done via the ICOVO platform. AML-KYC procedures will be done on investors and project founders. To ensure there are no alterations, IPFS (interplanetary file system) as well as blockchain technology will be used to store whitepaper versions.

Rating

How to Deposit ICOVO (OVO) with Bluebelt

1Go to https://www.bluebelt.asia/
and Register for an Account

2You can deposit your ICOVO tokens (OVO) into your Bluebelt General Account wallet and Exchange wallet, both of which use multisignature technology, for safekeeping

3You can also trade your Exchange wallet’s ICOVO (OVO) with Bitcoin (BTC) and Ether (ETH) on Bluebelt Exchange

Frequently Asked Questions

1. What are some of the problems do ICOVO solve?

Problem: Funds cannot be retrieved even when the ICO project is cancelled or left inactive.
Solution: DAICOVO allows users to control the funds and make a vote of confidence on the ICO project.
Problem: It is hard for many investors to distinguish scam ICO projects from legitimate ones.
Solution: ICOVO uses KYC-AML procedures and project progress as it means of judgement in identifying scam ICO projects

2.How will the token holders profit?

Since ICOVO will issue its own token –OVO– it can be directly used inside the ICO platform for payment and utility purposes. For payment options, investors are privileged to buy ICO project tokens with a 25% discount. The investors can also use it to pay for the other services offered by ICOVO. On the other hand, its utility function allows it to be used on voting rights for raising the amount that can be withdrawn per second is known as the Tap. It can also be a means of returning a procured fund to the investor who has invested it.