GAMO [GAMO]
ENDED: December 03, 2018Transparency Details
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We have no information about the team
We have unverified information about this ICO
Description
A software application facilitating creation of DAICOs.
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Executive Summary
The Gamo software introduces a new blockchain architecture designed to specifically facilitate creation of Decentralized Autonomous Initial Coin Offering (DAICO) by creating the environment, includes coding protocol, test net, best practice framework and enforcement protocol — the resulting technology is a blockchain architecture that may help to create Initial Coin Offerings (ICOs) and businesses that are audited and accountable, keeping the investors safe and updated.DAICO
DAICO incorporates some elements of a decentralized autonomous organization (DAO). With DAICO in place, the trust is not placed completely on a centralized party but rather distributed among contributors using a democratic voting system. This allows funds to be released according to the voting and developers are kept in check to deliver their promised milestones. In this way, investors have more control over the projects. Unlike Coin Governance System which is implemented as a separate module from the ICO, DAICO is proposed as an abstract idea that incorporates the Contribution and Governance mode into the smart contract. DAICO is essentially the combination of DAO and ICO. The DAICO will have two important modes. The contribution mode and tap mode. The contribution mode can be in the form of Capped sales, Uncapped sales or Dutch auction.
DAICO incorporates some elements of a decentralized autonomous organization (DAO). With DAICO in place, the trust is not placed completely on a centralized party but rather distributed among contributors using a democratic voting system. This allows funds to be released according to the voting and developers are kept in check to deliver their promised milestones. In this way, investors have more control over the projects. Unlike Coin Governance System which is implemented as a separate module from the ICO, DAICO is proposed as an abstract idea that incorporates the Contribution and Governance mode into the smart contract. DAICO is essentially the combination of DAO and ICO. The DAICO will have two important modes. The contribution mode and tap mode. The contribution mode can be in the form of Capped sales, Uncapped sales or Dutch auction.
Documents
Whitelist and KYC
No Whitelist or KYC information provided
The Team
Timeline
Sale Starts
12th November 2018The ICO/Token/Coin sale opens
Happened: 6 Years, 13 Days ago
Sale Ends
3rd December 2018The ICO/Token/Coin sale closes
Happened: 5 Years, 11 Months, 22 Days ago
TODAY
25th November 2024