DESICO is the world’ s first 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. The goal of DESICO is to create a gateway for retail and institutional investors to step into VCdominated startup funding space. At the same time, DESICO seeks to contribute to creating fully global, fair and less costly access to capital for promising businesses from anywhere in the world. DESICO will build on the advantages of an ICO (Initial Coin Offerings) to create an ecosystem bringing the next big change in the global capital markets. DESICO will enable decentralization of pre-seed investments by adopting unique capabilities of blockchain technology and providing a legal way to purchase security tokens. tokenization of existing assets with revenue streams, or other hybrid security tokens. ICOs are an emerging asset class that has huge potential to grow with the right capital markets infrastructure. Currently, most are hybrid (partly securities, partly utility tokens), some are utility tokens, and few are clearly securities. DESICO’ s platform will facilitate the issuance of outright security tokens - digitized equity in early ventures, tokenization of existing assets with revenue streams, or other hybrid security tokens. DESICO will provide a complete infrastructure for security ICO launch, operate a regulated security tokens exchange and provide transaction services under e-money license. The functioning of DESICO ecosystem will be powered by the DESICO utility token. The token holders will have priority rights to participate in the initial security tokens launched on the DESICO platform in addition to other privileges. The token will also serve as a payment for all related services for the issuance within the ecosystem. Therefore, investors and businesses will be using the DESICO token. DESICO is registered in Lithuania, a European Union and Eurozone country and will operate within the regulatory legal framework of the Lithuanian Law of Crowdfunding and under the supervision of Bank of Lithuania (under the control of the European Central Bank). DESICO has already received support from the Ministry of Finance1 and has been acknowledged for its efforts in promoting ICO legalization. DESICO is led by a team of entrepreneurs and experts in fintech, legal services and marketing. The founders are already running a successful European crowdfunding and peer-to-peer platform.
What problems does DESICO solve?
Lack of legal framework for the issuance of security ICOs. Solution: The DESICO platform will operate under the Law of Crowdfunding of the Republic of Lithuania. The law allows ICOs to raise capital by issuing security tokens. Lithuania is a European Union member and part of the Eurozone. DESICO will be fully supervised by the Bank of Lithuania, which is under the control of the European Central Bank.
Lack of liquidity post-ICO. Solution: DESICO will operate an exchange, as part of the DESICO ecosystem. This exchange will provide immediate liquidity for the security tokens issued by any business on the DESICO platform. The exchange will be subject to the regulatory supervision of the Bank of Lithuania.
Lack of liquidity for the conversion of crypto assets to FIAT currency in ICOs. Solution: DESICO will receive a European e-money license, or have direct access to the services of an institution in possession of one. This will allow DESICO to execute payments and manage payment accounts. Therefore, ICO-funded businesses using DESICO will be able to manage both crypto and fiat holdings. They will also have the opportunity to exchange their cryptocurrencies into fiat currencies in order to develop their businesses.