I agree that DAICO will be a better alternative to ICOs especially in the area of scam prevention. If you will be creating your own tokens, does it mean that investors will only be able to participate in ICOs hosted on your platform with your native tokens only? Will this be acceptable to the ICO founders? Then is there a possibility that you will be investing in these DAICO yourself?
3 main advantages of the W12 model over the DAICO idea:
1. According to the DAICO idea, the tokens buyers can return their unspent funds
only in the case of 51% or more of the participants vote for the refund. This
model is quite inconvenient for the investors and carries out the risk of the fraud.
The 49% minority can be subject to the scam in case of the fraudulent
agreement of the team with the part of investors. In the W12 model each token
buyers acts independently. These increases the degree of the protection and
autonomy of the decision making process. The token buyers can decide to
retrieve the unspent portion of their investment at their own discretion, without
explanation and at any point in the project road map. For example, if the project
fails to fulfill its obligations set up in the milestones or the token price went below
the original ICO price on exchanges.
2. According to the DAICO idea, the project must be financed only with the certain
method on 100%. This is suitable sorely for a limited number of the projects. The W12
model allows the projects to receive the funding in any quantity and amount they need,
regardless the other sources. The projects can conduct the traditional ICO or attract
capitals through the placement of the equity. The usage of the W12 model as an
additional source for the funds providing the diversification of the risks and financial
channels. The W12 model is an infrastructure for the decentralized venture capital and
can be used for the project necessity in any area of financial needs.
3. The idea of the DAICO concept was announced in January 2018. It is applicable to
the Ethereum network. While the W12 model embedded in a cross-block platform that
integrates many popular blockchains such as Ethereum, EOS, NEO, Cardano, NXT and
the others. It offers user multifunctional solutions to many needs.