icovo

The World’s First ICO Platform
Implementing DAICO

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CrowdSale Phase 1 bonus +10%

Schedule : 2018-10-10 00:00(UTC)
--- 2018-10-30 23:59(UTC)

Sale start in

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1 ETH = 733 OVO [+10% Bonus]
0
10,000
20,000
30,000
[ETH]
Soft Cap [Reached]5,868
Target33,533
----[ Wallet 1 ] [ Wallet 2 ] [ Wallet 3 ]
About CROWDSALE Phase 1
Start date2018-10-10 00:00(UTC)
End date2018-10-30 23:59(UTC)
Available for Token SaleUp to 87,500,000 OVO
Price and Bonus1 ETH = 733 OVO (10% Bonus included)
AcceptsETH (Ethereum)
Minimum Purchase Amount0.25 ETH
Maximum Purchase Amount1,250 ETH
TargetWhitelist registrants
Whitelist Registration Start Date2018-06-22

product development
progress

ico rating

news

    ICOVO App

    Download! Get Free Tokens

    Wallet supporting ETH/ERC20
    Private Key securely stored in the device
    Decentralized exchange integrated
    ICOVO App version 1.2.0 / January 1, 2019
    Voting / Drafting function
    DAICOVO (DAICO) interfaceICOVO App version 1.1.0 / September 15, 2018
    ICO Dashboard

    KYC/AML

    Whitelist registration

    Whitepaper explorer (versioned with Blockchain + IPFS) ICOVO App version 1.2.0 / January 1, 2019

    ICO Project list ICOVO App version 1.2.0 / January 1, 2019

    Photo ID uploader ICOVO App version 1.2.0 / January 1, 2019

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    About ICO Market
    About ICOVO’s services

    Service Overview and Organization

    ICOVO is the world’s first and only ICO platform that can actualize healthy ICOs. The core of its 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.
    Each country’s government is advancing regulation in order to create a healthy environment for ICOs, but this is difficult to achieve for borderless ICOs using only centralized regulation.
    We will solve fraud and decrease in project motivation – the problems raised by ICOs – through the decentralized approach of DAICO.
    With the mission of having all ICOs use DAICO, we will develop and open source DAICOVO, which is aligned with the thinking behind DAICO.
    In addition, we will issue OVO tokens, which will be specialized as a currency for procuring ICO investments.
    Ethereum, which has a high distribution amount and is universal, is currently used as the main currency for procurement, but we will provide benefits for ICO investors for using OVO for participating in projects on the ICOVO platform.
    OVO is the world’s only token specialized for ICO fund procurement. Its value increases the more sound ICOs are undertaken on the ICOVO platform, so OVO will serve as a symbol and index of the health of the ICO environment.
    In addition to creating a healthy ICO environment with DAICOVO and OVO as its core, ICOVO has as its mission to expand the range of ICO investors and the ICO market itself. ICOVO will solve problems by eliminating barriers to the process of participating in ICOs so that anyone can easily participate. They will be solved through providing ICOVO App (iOS/Android), which integrates the world’s only wallet optimized for ICOs, and ICOVO Web, which will increase usability when participating in ICOs through personal computers.
    Through the provision of its four services – DAICOVO, OVO, ICOVO App, and ICOVO Web – ICOVO will build an ecosystem for reliable blockchain-related startups.

    DAICOVO: Smart contracts
    implementing the DAICO model
    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 of the required work, including token design, DAICOVO parameter setting, compilation, and deployment, is free. We plan to release DAICOVO as open source.
    DAICO:

    Proposed by Ethereum co-founder Vitalik Buterin on January 6, 2018, a DAICO is a model that uses decentralized methods to prevent planners from dishonestly using funds raised through an ICO. In ICOs using tokens that conform to the ERC20 standard, smart contracts are used to limit the amount of funds raised that project founders can withdraw per unit of time, and if the project is canceled for whatever reason, the remaining funds can be returned to the ICO investors if a consensus is reached

    ICOVO App: A smartphone app featuring a wallet optimized for ICOs
    ICOVO's iOS/Android features a multi-token multi-account wallet compatible with ETH and ERC20 tokens based on the safe private wallet, Wallet format with the purpose of enhancing security by storing the private key only in the mobile device not online, that has been released and is already in use by many, Tachyon, developed from scratch by our CTO Nishimura.
    ICOVO App have the one stop solution for investors and project founders. Project founder don't need to develop it anymore.
    ICOVO App also have dashboard features,KYC/AML,Whitelist registration, Whitepaper viewer,ICO project list integrates with ICOVO Web and Photo ID uploader.
    Furthermore it include DAICOVO user interface and has the interface for Decentralized Exchange(DEX) where users can trade their tokens.
    ICOVO Web: An ICO listing site with thorough ICO investor protections
    ICOVO Web is a website for ICO project founders to list their ICOs for investors. It thoroughly protects ICO investors and lists only ICO projects that comply with ICOVO requirements. The criteria for listing on ICOVO are the utilization of DAICOVO, planner KYC/AML as required by ICOVO, and disclosure of the progress of the project.
    The biggest feature is whitepaper versioning using IPFS. All the whitepapers of ICO projects listed on ICOVO Web are managed by IPFS and Block chain. Whitepaper versioning through IPFS storage and block chain makes it impossible to tamper with whitepapers later on. This means that even if investors fail to download the whitepaper before the ICO or lose it, they can always verify whether the project is proceeding according to the original whitepaper, and if it is not, they can draft and vote to have their money refunded.
    The KYC required by ICOVO, which includes passport-based ID verification and AML, applies not only to the investors but also to the ICO project founders. Furthermore, in order to increase the transparency of ICO project activity, ICOVO shares the state of progress on the project by quantifying and displaying the project's use of GitHub, social media, and other major tools.
    ICOVO also requires a uniform format for certain essential whitepaper items so that each ICO project planner's whitepaper can be read in a unified format. The ICOVO App is synchronized with the ICO list information and bookmark function so that ICO investors can achieve participation all in one place.
    We also provide ICO project founders with a white-label dashboard for investors including a referral program, airdrop program, KYC/AML and more.

    mission &vision

    ICOs are at the crux of the ecosystem necessary for hatching innovative
    blockchain-related startups.

    ICOVO will support a healthy ICO which will make a future by offering ICOVO Web、ICOVO App and DAICOVO. Details are described below in three points.

    1. Increase ICO Transparency and Protect Investors
    2. Reduce Barriers for ICO Participation
    3. Increase Project Durability

    Increase ICO Transparency and Protect Investors

    We aim to protect ICO investors by introducing a fundraising management system and
    increasing the transparency of ICO project founders as well as the projects themselves.

    Decentralized
    Token Management
    We will create DAICOVO, an original smart contract incorporating DAICO’s fundamental idea of decentralized token management.
    We will introduce a system that only allows withdrawals according to the capital demand of a project’s pre-loaded schedule through a Tap system (setting an amount that can be withdrawn per unit of time). This will prevent developers from running off with raised funds.
    In the event that an investor notices a problem with the project, they are able to retract their investment that was raised under agreement as a refund.
    Decentralized
    White Paper Versioning
    Versioning for White Paper not to be tamperd is managed by InterPlanetary File System (IPFS).
    Team Member
    KYC/AML
    We will increase ICO project team member’s transparency by providing ICO project team member’s KYC/AML on ICOVO website in a centralized method.
    Visualize
    Activity Situation
    We will increase project transparency by quantifying social media activity and GitHub updates on ICOVO’s website.

    Reduce Barriers for ICO Participation

    Create a better investment environment and reduce barriers
    to ICO participation by unifying the investment process and the format for information disclosure.

    Implementing
    Local Wallet
    Implementing a safe local wallet in ICOVO's original ICO-specialized smartphone app, the ICOVO App, helps with understanding the participation process for complicated token sales and managing tokens.
    Unifying Formats
    ICO project pages and summaries of whitepapers on ICOVO’s website presents information consicely, making it easier to understand for investors. Accessibility is enhanced by offering a summary of all the projects using the same format.
    Reducing labor
    for KYC
    Eliminate the need for ICO investors to do KYC each time they invest. When they participate in ICO project token sales on the ICOVO App, they perform KYC only once as ICOVO will share the information with the ICO project founders.

    Increase Project Durability

    Sustain project founders' motivation for product release and increase project durability by introducing a system
    in which project founders can only withdraw tokens according to their investment demand milestone.

    Fund acquisition≠Goal
    By introducing a system of original smart contracts implementing DAICOVO in which funds can only be withdrawn according to a project’s pre-loaded schedule by Tap (set an amount that can be withdrawn per unit of time), motivation to finish the project founders.

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    team

    Already with extensive experience building innovative projects in the internet infrastructure industry, dining industry, music industry, IoT and AI-related enterprises under his belt, Akihiro Yamase then delved into the blockchain terrain for the next 2 years, thus laying the foundation for ICOVO's vision in 2018.

    Service design, UI/UX design, and Creative Professional Iwao Sasaki with experience at both the local and global level, took on Akihiro's vision and designed the overall ICOVO project, undertaking both the creative and management aspects as CDO (Chief Design Officer).

    Soon after, Masahiko Kumada, a Singapore-based Financial Professional currently running several innovative global startups, joined the team as CFO (Chief Financial Officer) in order to drive the financial and global development of Akihiro's vision.

    Following Masahiko, one of the top engineers driving the blockchain industry, and who won the Best Innovation Award at the Global Blockchain Summit 2016, Yoshikazu Nishimura, became an advocate of Akihiro's vision. Through collaboration with G.U. Lab, of which Yoshikazu is the CEO, he came on board as CTO (Chief Technology Officer) to provide technical support for the ICOVO project in its entirety.

    Finally, Oliver Gomm who has experience operating multiple enterprises in Switzerland joined the team, setting up ICOVO's base in Switzerland, handling legal affairs and General management to fully support the back office operations as CAO (Chief Administrative Officer).

    The ICOVO team consisting of the five members Akihiro, Iwao, Yoshikazu, Masahiko, and Oliver is structured to deliver phenomenal service at a higher dimension, through a fusion of their dynamic and exceptional expertise.

    road map

    2018
    Product
    ICOVO Project was started. ICO Platform Implementing DAICO was designed.
    DAICO
    DAICOVO which is a customizable smart contract integrating DAICO was designed.
    Promotion
    Corporate site was opened. Press releases in Switzerland, Singapore Japan were distributed.
    ICO
    Preparations for ICO was started.
    ICO
    White List registration, KYC/AML and CrowdSale will be started.
    App
    ICOVO App version 1.0.0
    June 22, 2018: Features such as local wallet and Dashboard (KYC/AML, Whitelist registration)implemented.
    Promotion
    Events in Zug , Tokyo and Singapore will be held.
    Web
    ICOVO Web version 1.0.0 implementation for ICOVO’s Dashboard will be launched.
    ICO
    CrowdSale will be started and OVO token will be listed on exchange.
    App
    ICOVO App version 1.0.5
    September 15, 2018: DAICOVO interface, draft, voting features added.
    Promotion
    ICOVO News Media (icovo.net) will be opend.
    DAICO
    DAICOVO version1.1.0 implement of Whitepaper versioning will be launched.
    Web
    ICOVO Web version 1.2.0 implement of management Mypage for drafter will be launched.
    App
    ICOVO App version 1.2.0
    January 1, 2019: Dashboard (Whitepaper explore, ICO project list) and Decentralized Exchange(DEX) integration feature added.
    Promotion
    Co-working space for innovative blockchain-related startups will be opened in Zug, Switzerland.
    DAICO
    DAICO version 1.2.0 implement of parameters setting will be launched.
    2019
    Product
    ICO support service will be started.
    Web
    ICOVO Web version 1.2.1 will be launched.
    App
    ICOVO App version 1.2.1 will be launched.
    DAICO
    DAICOVO version 1.2.1 will be launched.
    Promotion
    Co-working space for innovative blockchain-related startups will be opened in Tokyo.
    ICO
    6 months hard-lock term’s of token will be ended.10% bonus token will be distributed to OVO token holder.
    Globalization
    We will check the situation of country law and start global deployment.

    white paper

    3 Reasons Why You Better Choose
    ICOVO Bounty Program

    ICOVO is an ICO platform with an investor protection mechanism. It makes the ICO environment healthier by utilizing DAICOVO smart contracts, which implements the DAICO concept, and an ICO optimized Wallet, the ICOVO App.

    People should choose projects with concepts or products that are a first in the world and relationships with influencers in the industry.

    The ICOVO project is the world’s first project to implement the DAICO concept proposed by Vitalik Buterin, co-founder of Ethereum, to enable anyone and everyone to use DAICO through a user interface designed for easy usage by non-technical users.

    People should choose projects not only with an idea but also with a complete product, or at least at the MVP stage or alpha version stage.

    46% of the projects in 2018, Q1 only had ideas. Even if people have skills to come up with a great idea, nobody knows if they are capable of achieving it. ICOVO has a highly skilled development team, and already released commercial versions of their products.

    ICOVO’s Products as of August 1, 2018
    IdeaMVPAlphaBeta
    DAICOVOCompleteCompleteCompleteComplete
    ICOVO APPCompleteCompleteCompleteComplete
    ICOVO WebCompleteCompleteOn going
    Development Stages of ICO Projects

    People should choose projects that thinks carefully about token circulation control design, especially to decrease its circulation amount in the market.

    Some tokens only have the functionality for substitution by Ethereum and Bitcoin. Those tokens have no demand from the market and its value will not increase. Some tokens will increase its supply amount by its nature, and those tokens tend to decrease its value.

    OVO can be used for purchasing other tokens issued by projects on the ICOVO platform. At the rate of Ether on the market, OVO can be used as a 25% discount coupon. Investors prefer to use OVO over Ether when it comes to investing in projects on our platform. We applied the following 3 mechanisms to lower the OVO circulation amount.

    Hard Lockup
    52 million tokens that cannot be sold immediately.
    Among the 200 million OVO tokens to be issued in total, 11 million tokens distributed to team members and contributors will be locked up for 1 year, and another 11 million for 2 years. Additionally, if 60 million tokens are sold during the closed sale, 50% or 30 million of those tokens will be locked up for 6 months, leading to a total of 52 million tokens that cannot be sold in the market immediately due to a hard lockup.
    Soft Lockup
    10% Free distribution of OVO tokens to token holders that hold on to OVO for 6 months or 1 year
    For the 12 million OVO tokens issued for marketing purposes, token holders that hold on to them for over 6 months will be offered a 10% bonus of the amount retained. Another 14 million OVO are set aside for token holders that hold for over a year, where they will be offered a 10% bonus of the amount retained. These OVO tokens set aside for free distribution will be locked up until they are bestowed. At the same time, OVO token holders’ retention rate is expected to increase through free distribution of OVO tokens to token holders that hold on to OVO for 6 months or 1 year.
    OVO Tokens Locked Up Through DAICOVO
    OVO is locked in proportion to the number of project list increases on the ICOVO Platform.
    The projects listed on the ICOVO platform can procure funds by accepting either ETH or OVO. The procured funds will be managed by DAICOVO and can be withdrawn by a preset tap (amount that can be withdrawn per second). Procured ETH will be withdrawn first and OVO will be later.
    The mechanism is set up so that ETH shall be withdrawn first, and OVO can be withdrawn only after all ETH has been withdrawn. Thus, OVO will be locked up through DAICOVO to ensure it is not sold immediately on the market.