mattipikos
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What is a DAICO?

Wed Apr 04, 2018 12:24 pm

Decentralized Autonomous Initial Coin Offering (DAICO) is an accountability tool; the brainchild of Vitalik Buterin, put forward in January 2018 as an improvement to the Initial Coin Offerings (ICO). It is built upon the foundations laid in the DAO blockchain; DAICO enhances security on the chain by offering features such as:

- Never having complete trust in a centralized team at any point
- Allowing for platform participants a voice on the utilization of funds
- The ability for funds contributed to being refunded

Trials for this new technology are already underway and the gaming platform, Abyss is the first to apply this system.

Keep Reading:
https://www.tokens24.com/cryptopedia/ba ... is-a-daico

Ronald S
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Re: What is a DAICO?

Thu Apr 05, 2018 5:36 pm

The DAICO contract will have a mechanism where contributors can send funds to the project in exchange for network specific tokens. When the crowdsale period ends, the contract will prohibit anyone from contributing any further, i.e., normal token sale.

WRC token
https://vcashpay.com/

Ksarey
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Re: What is a DAICO?

Wed May 30, 2018 11:26 am

DAICO is a new platform which is still on a trial base. You need to research well about it and practice via playing game abyys. You can get the whitepaper from the official websirpte of the DAICO. Thank you!

Incryptsnews
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Re: What is a DAICO?

Thu Jul 19, 2018 1:54 pm

DAICO stands for Development Assembly Inventory Control Operation. To make ICO's more secure by involving investors in the initial project development process, DAICO is suggested. The investors could influence how developers have access to the funds and investors can also vote to do away with the project and have the investors funds returned.

Mayfinin
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Re: What is a DAICO?

Wed Nov 14, 2018 6:00 pm

Thaaanks, I understood even better about DIACO from the comments instead of reading in Google :roll:

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