Ethereum Co-founder Proposed a New Model of ICO

Ethereum Co-founder Proposed a New Model of ICO

Ethereum CEO Vitalik Buterin proposed a new improved model of ICO - DAICO . The developer uses "some advantages" of the concept of decentralized autonomous organizations (DAO) in it to make primary offers of tokens safer for investors and democratic.

Buterin published a description of the new model at the said that the next wave of cryptocurrency will be better. At the same time, he reminded that according to statistics 90% of startups fail.

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Information Source: Ethereum Research forum

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