ICOVO is a cryptocurrency platform, designed to provide ICO transparency to protect investors.
ICOVO is a cryptocurrency platform, designed to provide ICO transparency to protect investors. The system is a hybrid of the centralized client-server model and the decentralized P2P model where the centralized system should increase the transparency of ICO planners and projects. This is achieved as the identities of planners are confirmed through ID verification by GitHub. Updates are quantified and displayed on the ICOVO website to make the actual status of the project more transparent. Fraud is avoided by DAICOVO - the implementation of DAICO. It is a model that prevents the ICO organizers from misusing funds raised through ICO. The platform will limit the amounts of accumulated funds that the project promoters can download per unit of time, and if the project is canceled for any reason, the remaining funds can be returned to ICO investors.