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A software application facilitating creation of DAICOs.
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.
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Sale Starts12th November 2018
The ICO/Token/Coin sale opens
Happened: 4 Years, 16 Days ago
Sale Ends3rd December 2018
The ICO/Token/Coin sale closes
Happened: 3 Years, 11 Months, 25 Days ago
TODAY28th November 2022