![27748087_162807631032746_4413825908887271231_o.jpg](https://cdn.steemitimages.com/DQmSPzw4HvenVJxiHfNSiLCErRwsax1TtK4PdgXj4bWmmtb/27748087_162807631032746_4413825908887271231_o.jpg)

The popularity of virtual currencies and innovative projects based on Blockchain technology is increasing every day. At the same time, an increasing number of investors seek to invest their funds in ICO in time and get the maximum possible income. However, all this leads to the fact that most depositors lose not only income, but also invested funds. There are several reasons for this phenomenon:

* *a large number of Scam projects;*
* *lack of transparency in the use of investments;*
* *lack of data from ICO organizers;*
* *lack of financial reports on the expenditure of invested funds.*

**To solve the above problems and protect investors from fraud and senseless investments will allow the new platform ICOVO.**
![2018-09-17_14-45-47.png](https://cdn.steemitimages.com/DQmZGgg1gnV2awYog73F82psBjik8Zuz1KPADGdxUB9bs1r/2018-09-17_14-45-47.png)


# Project objective

Among the main goals of the platform ICOVO developers allocate:

* *ensuring ICO transparency;*
* *investor protection;*
* *the establishment of a system of decentralized management of tokens;*
* *lowering the barriers to participation in ICO;*
* *providing investors with more detailed information about projects;*
* *creating a transparent system of spending.*

![forInvestors-figure1.png](https://cdn.steemitimages.com/DQmeFLctNTnaJnHt3YGJ3nYPfG5kfCVA2PGraYW1mihkNQX/forInvestors-figure1.png)
![2018-09-17_14-45-47.png](https://cdn.steemitimages.com/DQmZGgg1gnV2awYog73F82psBjik8Zuz1KPADGdxUB9bs1r/2018-09-17_14-45-47.png)



# Principle of operation

In order to achieve the above objectives to protect investors and increase confidence in innovative projects, the developers plan to create a new ICO standard that will provide benefits to both the project developers and investors. This will be a new system DAICOVO model-based DAICO proposed by the founder of Ethereum, Vitalik Baleriny in 2018 year.

DAICO is a model that uses decentralized methods to combat the misuse of funds invested by investors in ICO.

![overview-figure2.png](https://cdn.steemitimages.com/DQmVyozYjn1PGXQBQN5hwSgUH55TX82iVmUaDubuTm7Cz5E/overview-figure2.png)

In addition, the developers offer investors their own unique application ICOVO, which can be installed on a smartphone or used in a browser. This application will be optimized not only for investors but also for ICO developers. It will contain information about the ICO that meet the requirements of ICOVO, namely:

* *document overview;*
* *the results of legal checks;*
* *engineering work;*
* *ability to adapt to deployment.*

All this will allow investors to personally verify not only the honesty, but also the prospects of a project. Thus, investors will be able to get a tool that not only ensures the safety of their finances, but also to determine which of the projects can bring the greatest profit.

In addition, ICOVO will be submitted to a multi-currency wallet that supports token formats ERC 20 ERC and 223. This wallet will allow you not only to store coins, but also to manage your own assets wisely. Moreover, it will allow the exchange of some token to other on the domestic crypto-currency exchange. Also, this wallet will allow you to withdraw funds from projects that are not able to develop, which significantly reduces the risks of depositors. And despite the fact that the daily volume of withdrawals will be limited, it will still allow investors to keep at least part of their investments.

It is important to note that this wallet will store the private key directly on the smartphone or device on which the application of the same name will be installed.

![overview-figure5.png](https://cdn.steemitimages.com/DQmcVoca6jghaHsQvURUkePb54pNKNid4EFKNSX5pwXaJBR/overview-figure5.png)

During the registration process, not only investors, but also ICO developers will indicate their passport data in order to ensure the maximum level of trust between the participants of the ecosystem.

The main financial resource of the platform will be OVO tokens, which can be used to purchase ICO-approved coins. It is important to note that when using OVO investors receive a discount of 25 percent.
![2018-09-17_14-45-47.png](https://cdn.steemitimages.com/DQmZGgg1gnV2awYog73F82psBjik8Zuz1KPADGdxUB9bs1r/2018-09-17_14-45-47.png)



# ICO dates and details

As part of the ICO, the developers plan to sell 200 million tokens. Cost 1 coin OVO will be 0.3 of the dollar. Pre-sale will be held from September 24th to October 8th of the current year. The official sale will be held from the 1st to the 17th of November this year.

Softcap project - 5868 ETH, hardcap - 60360 ETH.

![reduceBarriers-figure1.png](https://cdn.steemitimages.com/DQmNUeUDwi2Y4FpSban4CoRWx5zVdny6aAdqDJnNcA3whGF/reduceBarriers-figure1.png)
![2018-09-17_14-45-47.png](https://cdn.steemitimages.com/DQmZGgg1gnV2awYog73F82psBjik8Zuz1KPADGdxUB9bs1r/2018-09-17_14-45-47.png)



# Conclusion

Given the growing popularity of ICO, and based on the number of scams and projects that are not able to develop, the idea of creating a project that ensures the safety of investors is quite promising. ICOVO will allow investors not only to choose the most promising projects, but also to monitor the use of invested funds and withdraw their investments in case of uncertainty in the further development of the ICO.

Based on this, we can say with confidence that this project has all the chances to become one of the most successful in the current year.
![2018-09-17_14-45-47.png](https://cdn.steemitimages.com/DQmZGgg1gnV2awYog73F82psBjik8Zuz1KPADGdxUB9bs1r/2018-09-17_14-45-47.png)


### Official sources of the ICOVO project:

https://icon-icons.com/icons2/692/PNG/32/seo-social-web-network-internet_174_icon-icons.com_61537.png **WEBSITE:** https://icovo.co
![](https://cdn.steemitimages.com/DQmZYYCdXpTQ45htYpDPbc7z1TiXjzNVKVBH6naxFyB5uCM/image.png) **TELEGRAM:** https://t.me/icovoco
https://icon-icons.com/icons2/37/PNG/32/document_3530.png **WHITEPAPER:** https://icovo.co/whitepaper/20180831_wp_service_en.pdf
https://icon-icons.com/icons2/936/PNG/32/bitcoin-logo_icon-icons.com_73658.png **ANN THREAD:** https://bitcointalk.org/index.php?topic=4468796.0
https://icon-icons.com/icons2/791/PNG/32/FB_icon-icons.com_65484.png **FACEBOOK:** https://www.facebook.com/icovoco/
https://icon-icons.com/icons2/512/PNG/32/twitter-3_icon-icons.com_50735.png **TWITTER:** https://twitter.com/ICOVOCO
https://icon-icons.com/icons2/877/PNG/32/reddit-big-logo_icon-icons.com_68361.png **REDDIT:** https://www.reddit.com/r/ICOVO/
https://icon-icons.com/icons2/472/PNG/32/medium-48_46227.png **MEDIUM:** https://medium.com/icovo
https://icon-icons.com/icons2/693/PNG/32/LinkedIn_Rounded_Solid_icon-icons.com_61559.png **LINKEDIN:** https://www.linkedin.com/company/icovo/
https://icon-icons.com/icons2/1293/PNG/32/2363208-app-chat-discord-game-gamer-social_85471.png **DISCORD:** https://discordapp.com/invite/Xus8usH
https://icon-icons.com/icons2/509/PNG/32/Github_icon-icons.com_49946.png **GITHUB:** https://github.com/icovo

https://icon-icons.com/icons2/316/PNG/32/Cool-Male-Avatars-01_34324.png **AUTHORSHIP:** 
https://icon-icons.com/icons2/936/PNG/32/bitcoin-logo_icon-icons.com_73658.png **MY BITCOINTALK USERNAME:** klimenok1991
https://icon-icons.com/icons2/936/PNG/32/bitcoin-logo_icon-icons.com_73658.png **MY BITCOINTALK PROFILE LINK:** https://bitcointalk.org/index.php?action=profile;u=1238493
![](https://cdn.steemitimages.com/DQmS4nHjNRysjMK3matTMUfKQJpxH1oTo7KoBT7RHjCANCM/image.png) **MY ETH ADDRESS:** 0x90051516FC3451D7bF1b5e7D0A4486757FC81C32