icovo

Token Economy
Platform

For Innovative Blockchain Related project

Fundraising in Stable Token with DAICO
Initial Coin Offering / Security Token Offering
Non-Fungible Token Sale

ico rating

news

    Hatch innovative Token
    Economy

    Token Economy is an economy with visualizable, quantifiable and liquidity value, which was difficult to actualize in the monetized economy.Using Initial Coin Offering(ICO) , Security Token Offering (STO) and Non-Fungible Token(NFT)are effective methods for constructing Token Economy.These methods play a prominent role in constructing original Token Economy through fundraising and selling.We are supporting to construct innovative Token Economy through below activities; actualize a healthier ICO ecosystem with scam protection protocol DAICO, offer NFT sale/market place with higher level UX design and construct STO platform corresponding country regulations.

    Our Product

    We are supporting to construct innovative Token Economy through below activities; actualize a healthier ICO ecosystem with scam protection protocol DAICO, offer NFT sale/market place with higher level UX design and construct STO platform corresponding country regulations.

    Entrusted Development
    Planning and design support of Token Economy Project
    Design, development and audit of Smart contract essential for Initial Coin Offering(ICO)、Non-fungible Token(NFT),Security Token Offering(STO)
    Design, development and audit of Non-Custodial Security

    event

    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.

    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.
    Extension Of Project Concept
    ICOVO’s concept for 2019 will expand from the former ‘’ICO support service implementing DAICO’’ to ‘’Token economy platform including ICO, STO and NFT sale’’. Along with the expansion, we will put a high priority on releasing NFT fundraising platform which is currently expected to become the most booming and growing business.
    2019
    Product
    ICO support service will be started.
    Web
    Token economy listing site ICOVO Web will be launched.
    Crypt Exchange Listing
    OVO Token will be listed.
    WEB
    NFT platform will be launched.
    Project Listing
    NFT Platform will be launched.
    First Big project will be listed.
    DAICOVO
    Fundraising in Stable Token with DAICO will be launched.

    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.