We couldnt agree more on this statement!
GAMO Protocol truly believes that DAICO is the future of tokenization!
So What Is GAMO Protocol?
GAMO Protocol is a software that introduces new blockchain and powered by the creation of Decentralized Autonomous Initial Coin Offering (DAICO). It's function is to keep the investors safe by creating the environment which DAICO's can build. The environment includes coding protocol, testnet, best practice framework and enforcement protocol that are updated, audited and accountable.
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http://gamo.io/
Topic: DAICO only can save crypto from Greedy ICO's (Read 127 times)
DAICO is the most secure way on funding a project from token distribution through sale and when the project isn't successful then holders can withdraw and take back their investments.
Yes, this is supposedly the best part of an ICO so that the persons behind the projects couldn't run away or take your money with them if they want to vanish or get lost.
DAICO should be implemented with most of the ICOs today and this time we could say that it's not hard to know how to check if an ICO or projects are legitimate or scam.
Yes, this is supposedly the best part of an ICO so that the persons behind the projects couldn't run away or take your money with them if they want to vanish or get lost.
DAICO should be implemented with most of the ICOs today and this time we could say that it's not hard to know how to check if an ICO or projects are legitimate or scam.
Its really valid post even i wonder about lots of project claiming huge fund for developing product finally they end upto not even achieving roadmap . I think DAICO has to be implemented for all the ICO . TheAbyss is the first project i seen which is using DAICO concept.
vitalik Butterin suggestion on this year on DAICO aimed at making ICO’s more secure by involving investors in the initial project development process .
Overall based on my understanding it is moving away greedy ICO asking huge money for the procduct development . Finally failed to deliver roadmap strategies.
DAICO gives ability to withdraw or discontinue the project if they failed to raise fund .
It will also reduce the risk of asking huge amount from ICO'S . Even some basic ideas required more than 20 Million whats happening.
Guys we got new financial freedom we have to keep this long term . Instead of Killing the duck which is giving golden egg to get all eggs in one day.
Overall based on my understanding it is moving away greedy ICO asking huge money for the procduct development . Finally failed to deliver roadmap strategies.
DAICO gives ability to withdraw or discontinue the project if they failed to raise fund .
It will also reduce the risk of asking huge amount from ICO'S . Even some basic ideas required more than 20 Million whats happening.
Guys we got new financial freedom we have to keep this long term . Instead of Killing the duck which is giving golden egg to get all eggs in one day.
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