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Topic: DAICO - new era of ICO, by Vitalik Buterin. (Read 118 times)

copper member
Activity: 588
Merit: 17
February 15, 2018, 01:28:07 PM
#1
This DAICO, proposed by Vitalik Buterin, seems to become a revolutionary ICO fundraising model that merges some of the benefits of Decentralized Autonomous Organizations (DAOs). The main goal of DAICO is upgrading and making the initial ICO concept more transparent and secure.

Here is how DAICO combines DAO and ICO models:
DAO:
  • Leverages wisdom of a crowd
  • Cannot trust a single centralized team
  • Funding spreads over time
ICOs:
  • Founded around one mega project
  • No 51% risk of attack
Read more here DAICO: Ethereum’s Vitalik Buterin’s DAO + ICO Token Model?

How do you think will this innovation seriously affect existing ICO market?
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