What is a DAICO?
Traditionally cryptocurrencies have raised funds through the ICO model, but thanks to a lot of scams and lost confidence in that form of crowdfunding, ICOs have become virtually obsolete. In fact, there have been several ICO scams; over 80% of the projects that never even built an MVP. The invested wealth was wiped from the market capitalization as projects failed to deliver anything beyond their whitepaper. Because of these scams and high-risk ventures, legitimate projects have had to adjust from an ICO model and replace it with STOs and eventually IEOs. Which leads us to DAICO. What is a DAICO?…