The ICO Wallet: ADN’s Investor Protection Feature
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Every blockchain has had a fair share of good and bad initial coin offering (ICO) experience — while many successful projects had ICO to thank, researches have revealed that many ICOs have been used in the past by organizations to scam people. Given the decentralized and often unregulated nature of ICOs, this platform has helped scammers get away with the investors’ hard-earned money.
ADN, as a blockchain, aims to protect investors from being victims of ICO scams through its investor-protection mechanism. This is the
ICO Wallet, which intends to safeguard all investments of ICO participants and will only grant the ICO companies access to a specific amount of investment as allocated in each stage. All of the funds stored for other stages will remain inaccessible until the majority of investors have approved for the project to continue.
