What is a DAICO, Explained


It puts more control in the hands of investors.

Contributors have much more to say and influence in the development phase of the project. If they are not satisfied with the progress of the project, they may decide to withdraw the contract and be reimbursed.

This completely mitigates the risk of fraudulent ICOs where developers hold a symbolic sale before they run away. money as soon as the ICO is complete without producing any product.

As the amount of funds released from the smart contract is limited and strictly controlled, it will reduce the frequency of attacks by 51%. Even if a 51% attack occurs, when an attacker wants to send funds to a chosen third party, the consequences will be limited to the amount allowed by the contributors (or the developing team) at any time. (tap).

With an ICO, once the team has raised tens of millions of dollars, it suffers a deterioration in its motivation to implement the project; or, at least, the activity decreases significantly. With the DAICO model, the motivation of the team to bring the idea to life, that is to say to deliver the product, is maintained over a lifetime.