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Decentralized Autonomous Initial Coin Offerings (DAICO)

A method for decentralized funding of projects, combining ideas from Decentralized Autonomous Organizations (DAOs) and initial coin offerings (ICOs), proposed by Vitalik Buterin, creator of Ethereum. It introduces a form of governance in the ICO process, allowing backers to vote for the return of their funds if certain conditions are met. Source: CoinMarketCap