How does DAICO work, a new form of crowdfunding?

DAICO is a combination of ICO (Initial Coin Offering) and DAO (Decentralized Autonomous Organization), designed to fund cryptocurrency projects transparently.

How it works:

• Investors can vote to allocate funds.

• If the team does not meet expectations, funding can be halted.

• It is harder for a project to perform a “rug pull” (scam), as the money is distributed gradually.

DAICO is a step towards honest cryptocurrency funding, but so far there are few projects of this kind.

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