Wind of change
Several years ago, to get any funding, company had to create detailed plan, which had perfect financial part, and to start looking for investors. Investors are looking for the teams with most profitable terms and the most realistic plan. Such order of things significantly slows down development of new projects, because investors have to take their dividends every month, so the teams may feel lack of funding. Blockchain revolution had changed the rules. Today team can get funding without any kind of business plan: they just need to express their ideas and find people, who share these ideas. As simple as that.
Portrait of cryptocurrency investor is different to custom investor. Now investors are much younger, they have great understanding of modern technologies and use this knowledge to find the most profitable investment option. ICOs also made a great change. Previously you were looking for the best dividends, now you are looking for the best idea. If idea is good and popular, token rate will grow stably and profits are not so long to wait. In the same time, probability of making wrong investment is pretty high, since there are a lot of fake ICOs and high level of competition in this field.
One more issues is need to communicate with ICO team. They are available at different conferences and summits, but it is hard to find out what project do they represent real one or fake. When they have collected enough money, they may not care about investors feelings any more. There were a team, which postponed development phase start for three months right after reaching of hard cap. Investors were mad, but they were unable to make anything about it. It is clear that investors have to be protected and that is just what ICOVO is going to do.
Be in control of development process
There are three major issues in modern way of investment and ICOVO is here to eliminate every of them. First one is lack of trust to the teams. It is important because even prospect and revolution project may not attract enough money. ICOVO handles with it by implementing of KYC and AML procedures for team. You will be able ensure that you are investing in real project with real team.
Second one is inability to impact the development process. Thanks to ICOVO teams will not get all the money straight, they will get them only in case, when certain milestones are reached. Such option allows to keep teams motivated and perform all the tasks according to initial plan. In addition, such option make refunding possible.
Third one is absence of fakes. Of course, internet remembers everything, but some teams change White Paper too often, so investors are unable to trace these changes. It makes it possible to change data post-factum and we are sure that investors do not like it. With ICOVO you will be able to compare WP versions every time you need it. We all can take part in ICOVO – invest now!
WebSite: https://icovo.co/
WhitePaper: https://icovo.co/whitepaper/wp_service_en.pdf
WP-ICO: https://icovo.co/whitepaper/wp_tokensale_en.pdf
Twitter: https://twitter.com/ICOVOCO
Facebook: https://www.facebook.com/icovoco/
Github: https://github.com/icovo/DAICOVO
Reddit: https://www.reddit.com/r/ICOVO/
Bitcointalk: https://bitcointalk.org/index.php?topic=4468796.msg%msg_id%
Medium: https://medium.com/icovo
Telegram: https://t.me/icovoco
Discord: https://discordapp.com/channels/453384707065905153/453384707699113985
Youtube: https://www.youtube.com/channel/UCAo9SoUVMIYJNg78pYm3enw
Author - https://bitcointalk.org/index.php?action=profile;u=1618122
Author proof post - https://bitcointalk.org/index.php?topic=4995911.msg45623241#msg45623241