Desico is formed as a block chain based platform that allows trading and issuance of security tokens as per existing compliance standards. This is formed as an ecosystem that is based on EU compliant laws for ICOs; it allows businesses to form and distribute ICO tokens as well as for buyers to acquire and trade tokens of their choice. It is a crowd funding system that incorporates different businesses and shareholders to promote the features of this platform.
Features of Desico
The features of this platform are as follows:- It acts as a crowd funded venture that is compliant with existing EU laws for the issuance of tokens; companies can issue tokens for their ICOs as well as trade in these tokens which are possible for individual buyers as well.
- There is a built in exchange feature on this platform; it is fully regulated and security tokens are available that have built in liquidity after any ICO is successfully concluded on this platform.
- Users of Desico can manage fiat as well as crypto holdings on this platform; they can exchange between the two categories of currencies within the exchange framework of Desico; there are e-money accounts on this system that prove advantageous to the users.
- Desico is formed to operate for securities trades and follows norms of crowd funding as per EU and Republic of Lithuania.
- Desico is a community built for issuers of security tokens, enthusiasts of crypto currency trades and investments in the same.
- Transactions with the platform are conducted by the DESI token that is used to form smart contracts between different parties as well as acts as the mode of payment.
- The token holders of this community would gain certain rights such as early bird access to the exchange and trading forum as well as gain exemption from trading fees that are applicable to the exchange.
- It would act as an on boarding platform for different startups who can execute ICOs on this platform by purchasing DESI tokens to spend and avail the services of Desico.
Team of Desico
Laimonas is CEO and cofounder of the platform who is also a fintech entrepreneur. He has worked in business development and founded FinBee which is a similar crowd funded venture in Europe.Audrius Griskevicius handles business development and is also cofounder of the platform. He has 15 years of work experience and has worked for FinBee as well as Swedbank.
Tim Simon is CTO of the platform; he has worked as a financial entrepreneur for companies like Quotient Plc as well as Madiston plc.
Roadmap of Desico
The core team and platform’s framework was formed in the third quarter of 2015. The main features were also incorporated in this platform around this time. By the first quarter of 2017 the core team launched the crowd funding platform and by the third quarter the e-money license was received by the team. In 2018 the token sale is being completed by the second quarter as well as all regulatory development is being made. By 2019 the beta version of the platform would be launched.
Key Terms
- Name: DESICO (DSC)
- Supply For Sale: 410 Million Tokens
- Blockchain: Ethereum-based (ERC20) token
- Deposit Method: Ether (ETH)
- Total Supply: 804 Million Tokens
- CROWDSALE: 51%
- BOUNTY: 3%
- FOUNDERS: 10%
- RESERVE: 10%
- ADVISORS: 4%
- FINANCIAL SUPPORTERS: 8%
- TEAM: 10%
Website: https://www.desico.io/
Whitepaper: https://www.desico.io/docs/Whitepaper_240518_v2.pdf
Telegram: https://t.me/desicochat
Posted from my blog with SteemPress : http://cryptofleck.com/index.php/2018/08/27/desico-to-be-the-base-for-ico-launches-and-token-exchanges-2/