Application and KYC/AML procedures
Initially, you and your team of the upcoming security token funded business project will have to submit your application to DESICO, and you will have to complete a summary of your project. You will have first to complete KYC/AML application procedures to be listed on the platform. External parties will be hired to provide KYC/AML services under different jurisdictions. Once the KYC/AML provider approves your documentation, then the project will go to another process which is screening.
Project screening
The DESICO team will screen the proposed security token offerings to identify potential scams. When you are verified, your projects will be reviewed by the DESICO community to evaluate the project’s idea and its potential. The best most promising idea will be accepted to be included on the DESICO platform. When you project is accepted you will be required to sign a service agreement with DESICO.
Preparatory phase. Legal assistance:
All security token issuing ventures will have to meet Lithuanian regulatory requirements. DESICO team of experts will assist you with the preparation of all necessary documentation, opening an account, incorporation onto DESICO platform, and other practical aspects which are needed to set up a company. DESICo is developing an ecosystem that will involve external services from lawyers to ensure that you will have full legal support to all your fundraising projects which are listed on its platform.
Technological assistance
I order to ensure that there is a standardized and secure process. DESICO will offer a smart-contract development and auditing services. External developers together with the DESICO community members could also be able to offer their assistance any project and will get rewarded for their service.
Launch of campaign
When the preparation of the security token offering is complete, your project shall then be listed on the platform. Your project shall have its own dedicated page with all relevant information about its crowdsale structure, its minimal viable published, whitepaper, etc. DESICO will promote your project to the DESICO community through dedicated newsletters, as well as other communication channels. You can also get marketing packages that will give you more promotion opportunities.
Fundraising
You will be able to receive funds in your preferred currency during your project fundraising. You are required to complete all stages of fundraising within the DESICO platform. By using these practices, there will be equal treating of investors regardless of their contribution size. Also, this will prevent issuing big discounts or bonuses to large-scale investors.
The successful completion of an STO and its token listing
All the funds that you collected during the STO will then be transferred to your STO wallet. Its newly issued security tokens will then be distributed to contributor’s wallets. The token shall then be listed on the DESICO exchange market.
Fundraising company account
If you have a fundraising company, you can open an account by using the services of DESICO ecosystem to be able to start your company’s operations immediately. You will be able to move your funs from crypto to fiat and verse, versa as well as make payments in different currencies.
Post-fundraising monitoring
You will be required to file your company’s regular performance reports via the platform. This will be done through the company’s dedicated profile on the platform.
For more information please visit:
Website: https://www.desico.io
Whitepaper: https://www.desico.io/whitepaper
Telegram: https://t.me/desicochat
ANN: https://bitcointalk.org/index.php?topic=4398505.0
Medium: https://medium.com/@desico.io
Bitcointalk username: helichan
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2392678
