Case Details

Secure ICO

SICO is an implementation of a DAICO, a smart contract that interacts with a Dapp to make fundraising from an ICO safer for investors.

The idea was suggested by Vitalik Buterin in January 2018. It aims to make ICO safer by involving investors in the initial project development process. SICO allows token holders to vote for the refund of contributed funds if they are not satisfied with the progress made by the developers.

Projects that implement SICO, force a level of accountability on developers and give token holders additional peace of mind. Allows them to guarantee they see at least a minimum viable product or get their money back. It brings together the best of both worlds, ICOs and IEOs. It is a safe way for people to invest in serious projects.

If you have a good project, a committed team that wants to deliver everything it promises, SICO is for you! You will be able to carry out your ICO in a much safer and more transparent way for all parties. This will increase your chances of having a successful ICO.

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