Frequently Asked Questions

Answer your questions about ICOVO

What is ICOVO?

ICOVO is an ICO platform which introduce ICO investors protection system. It implements smart contracts implementing DAICO model “DAICOVO’’ and wallet function. It also offers ‘“ICOVO App’’ optimized for ICOs and “ICOVO Web’’ which is ICO listing site which implements ICO project managing function. We aim to make ICO market more sound by these three functions which will not only reduce barriers for ICO participation but also increase the transparency of ICO project founders.

What is DAICO?

Proposed by Ethereum co-founder Vitalik Buterin in January 2018, a DAICO is a model that uses decentralized methods to prevent planners from dishonestly using funds raised through an ICO.

In ICOs, smart contracts are used to limit the amount of funds which project founders can withdraw according to certain milestones, and if the project is canceled for whatever reason, the remaining funds can be returned to the ICO investors if a consensus is reached.

Reference:Explanation of DAICOs

How much is ICOVO token ”OVO” ?

Set price at the time of ICO : 1 OVO = 0.3 USD

For more details, click here.

How can you use “OVO”?

For ICOVO project itself, the OVO token can be used for voting to raise tap or refund (self-destruct), as DAICOVO’s basic functionality. ICOVO project is performing DAICO compliant token sale.

For future listed projects on our platform, you can purchase their project tokens at 25% discounted rate by using OVO token, where there is no discount by using ETH as a form of payment.

Are there any bounty program?

Referral program

Post a link, Earn OVO! Check out ICOVO’s Referral Program!

Bounty on Bitcointalk

[BOUNTY][OVO] ICOVO — The World’s First ICO Platform Implementing DAICO

When is the token sale?

Presale: September 24, 2018 00:00(UST) to October 8, 2018 23:59(UST)

Crowdsale: November 1, 2018 00:00(UST) to November 30, 2018 23:59(UST)

How to participate in the token sale?

KYC (Know Your Customer) and AML (Anti-Money Laundering) authentication will be mandatory to participate in the token sale. Whitelist registration is necessary to participate, and thus those who wish to do so must register using the dashboard on ICOVO Web.

Where are Restricted areas?

Residents of countries that prohibit participation in ICO token sales cannot participate through our platform.

Are there any released products?

Smart contracts implementing DAICO model “DAICOVO’’ and wallet function implementing “ICOVO App’’ optimized for ICOs had already been released. You can find “DAICOVO’’ on GitHub. “ICOVO App” is available for iOS/Android version.



DAICOVO: 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. 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.



ICOVO App: Currently offers white list/KYC registration and wallet function. Additional function to allow ICO list on the ICOVO platform and project founders to easily draft and conduct voting on fund management will be coming up soon.

When will be listed on exchange?

It will be listed on BBEX, VHC Exchange, BitOnBay in August to September, 2018 and open to the public on December 1, 2018.

When do we receive OVO?

Presale and Crowdsale : Receive upon purchase.

Airdrop: By December 31, 2018.

For further questions and requests, feel free to contact us on Telegram.

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