DESICO - Welcome to the Ecosystem for Security Tokens
DESICO is developing a platform that will allow users to effectively launch ICOs for security tokens. The platform will profit both the organizations issuing ICOs and their investors by offering careful legitimate consistency, marketing services, and an implicit exchange. DESICO is likewise releasing its own particular cryptocurrency which will be required to list an ICO on the platform and qualifies proprietors for a few benefits, for example, access to pre-ICO sales.
DESICO Business Model
Platform to issue Security tokens. DESICO will enable to invest in Security Token Offerings (STOs) issued by the most promising blockchain startups, and get quarterly payouts from their revenue. DESICO is creating a scam-free environment by filtering out suspicious and fraudulent projects.
Exchange. DESICO will operate a securities exchange, which will provide immediate listing and liquidity for the security tokens after completion of an STO on the DESICO platform. The exchange will be subject to the regulatory supervision of the Bank of Lithuania, which will provide additional financial security and trust for participants of DESICO network.
Payment system. DESICO will operate a crypto/fiat payment system, which will operate under a European e-money license. This will allow the DESICO community to manage their crypto and fiat holdings within the platform.
DESI token. The DESI token is a Security Token (RPN) and the sale starts on November 7. DESI token holders will receive a revenue share of 12.5% of DESICO’s gross income over the next 30 years. Payouts will be quarterly, with no cap on the revenues. It is a 30-year Revenue Participation Note that is callable after 5 years at any time.
Future Plans And Goals
DESICO plans to service 50 ICOs and attract up to 50,000 investors to their platform during the first year of its operations. Within five years, it expects these numbers to increase to 1,6OO ICOs serviced annually, along with 1 million active investors. The potential here is massive and early investors could benefit immensely by buying in at the crowd funding stage.
About DESICO Token
The nature of the DESICO ecosystem will ensure a continuous token flow. Investors will spend their DESI tokens to participate in an ICO. ICOs will pay for services to various providers within the DESICO ecosystem. While startups have the right to decide what to do with the DESI tokens they receive from investors, they expect them to put their DESI tokens immediately back onto the token market after they complete their ICO and no longer need the platform services. Similarly, the service providers are also expected to sell their tokens back to the token market.
DESICO ICO Token Details
Name DESICO : (DESI)
Blockchain Ethereum-based: (ERC20) token
Total supply 804 million tokens
Supply for sale 410 million tokens
Deposit Method Ether (ETH)
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.
Roadmap
The core team of DESICO already has experience in developing a crowdfunding platform, and therefore is able to outline a clear development plan and set realistic targets for DESICO launch. Below we list a summary of key steps completed prior to the platform crowdsale and timeline of planned future developments. DESICO target is to launch a fully operational platform within 20 months of completion of the crowdsale. The key platform functionality will be available to test for initial users in beta version, which we expect to launch in 6 months after the token sale event.
While DESICO initially will be based in Lithuania, we plan to expand and set up offices in other European countries, in order to be able to serve an increasing number of businesses and investors. We have selected 3 cities, which are known as established business and financial centers, namely Amsterdam, Dublin and Berlin, and plan to establish offices there by the second half of 2020. The further geographical expansion will depend on DESICO development and can go beyond European borders.
Conclusion
What DESICO are building is a fully legally compliant whole infrastructure with a platform to issue and trade security tokens with a security tokens exchange and crypto/fiat payment system. When everything is in place and with the backing of a powerful team behind it, I see a strong and lasting future for DESICO.
For more information, please visit the link below:
Author: safazara
Website : http://desico.io/
Whitepaper : https://www.desico.io/whitepaper
Facebook : https://www.facebook.com/desico.io/
Twitter : https://twitter.com/desico_io
Telegram: https://t.me/desicochat
Ann Thread : https://bitcointalk.org/index.php?topic=4398505.0
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1783327
mytherwallet: 0xb7cA53C6b42E6B8a5bEFA6d3C4B24Bf8ce6c82bD