DAICO

DAICO is an acronym for Decentralized Autonomous Initial Coin Offerings. It is a type of capital raising, originally proposed by Vitalik Buterin. DAICOs have many features different from regular Initial Coin Offerings, but the most prominent feature is that the investors in a DAICO can take back their funds if the relevant project team does not fulfil certain conditions. Read more about the differences between DAICOs and ICOs here.