DESICO is an EU based platform to issue, buy, and sell security tokens in full compliance with the law. Its ecosystem will disrupt the global $155 billion venture capital market by introducing security tokens through blockchain.
DESICO is developing a platform that will allow users to easily launch ICOs for security tokens. The platform will benefit both the companies issuing ICOs and their investors by offering scrupulous legal compliance, marketing services, and a built-in exchange. DESICO is also releasing its own cryptocurrency which will be required to list an ICO on the platform and entitle owners to several privileges such as access to pre-ICO sales.
DESICO's solution: DESICO will create a legally compliant, and therefore game-changing infrastructure to issue and trade security tokens. DESICO's infrastructure will consist of a security token offerings platform, a security token exchange, and a payment system.
A lack of post-ICO liquidity:
DESICO's solution: DESICO will operate a security token exchange as a key part of its infrastructure. This exchange will provide immediate liquidity to any security tokens issued by any business listed on the DESICO platform. The exchange will be subject to regulatory supervision.
A lack of liquidity for ICOs in converting crypto assets to fiat currencies:
DESICO's solution: DESICO will have a fiat-to-crypto payment system. This will allow DESICO to execute payments and manage payment accounts, whilst ICO-funded businesses using DESICO will be able to manage both their crypto and fiat holdings.
Lithuania’s Minister of Finance, Vilius Šapoka, credited DESICO for fostering the country’s “fintech and blockchain communities by promoting the settlement of global blockchain and fintech businesses in Lithuania.”
Furthermore, in June 2018, DESICO secured $100,000 USD worth of funding after ranking among the TOP 3 from 160 ICOs in the prestigious ICO Race competition in Lugano, Switzerland.
DESICO's team members have worked together for a number of years, built successful businesses, and bring a unique mix of legal, financial, and marketing knowledge to develop an crowdfunding platform for the next generation of ICOs.
DESICO's platform will offer investors peace of mind; they can rest assured that all of the ICOs listed on the site are legitimate, reputable, and fully legal. Another significant advantage of the platform is that investors will be able to verify their identity just once, and then use this verification to participate in any of the site's ICOs.
All of the tokens released through DESICO will be immediately listed on the site's exchange platform following their ICO. This addresses a problem common to many ICOs: tokens often lose value after their release because they are not promptly listed on any exchange, leading to a loss of interest and thus demand.
DESICO's platform is still far from its release: a beta version of the platform is scheduled for a release in the second quarter of 2019, with the exchange arriving at the end of that year, and the first full version of the platform coming in the fourth quarter of 2020.
Advisors:
Though the platform it funds is devoted to security tokens, the DESICO token itself is a utility token which entitles owners to privileges and services within the platform. Companies hoping to list their ICO on the site will need to pay for this with DESICO tokens, and investors who own it will be exempt from many of the platform's fees and allowed to access pre-ICO sales.
A total of 804 million DESICO tokens will be created, 410 of which will be sold to the public. The remaining 49% of tokens will be divided between the development team, a reserve fund, and a bounty program.
Oddly, details about the dates and pricing for the ICO are nowhere to be found on DESICO's website, social media pages, or whitepaper. A third-party website – whose accuracy cannot be readily verified – reports that the sale will run from May 21st to August 19th 2018, with tokens selling for the equivalent of 0.095 Euros. The sale has a soft cap of just over $3.6 million U.S. dollars.
Token: DESI
Price: 1 DESI = 0.08 USD
Bounty: Available
Total supply 804 million tokens
Supply for sale 410 million tokens
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH
Soft cap: 3,500,000 USD
Hard cap: 32,000,000 USD
Country: Lithuania
Whitelist/KYC: KYC
Restricted areas: USA, China
For more information:
Website : https://www.desico.io/
Whitepaper : https://www.desico.io/docs/Whitepaper_240518_v2.pdf
Twitter: https://twitter.com/desico_io
Facebook: https://www.facebook.com/desico.io/
Telegram: https://t.me/desicochat
Author: tinhkhuat
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373
