Desico 4.25/5 (1)

Desico

Security ICO platform
DESICO is the world’ s first platform to issue, buy, and sell security tokens in full compliance with the law.


4.3

HypeSecurityTeamVision
5.04.04.04.0



Starts in
44 days
7 Nov 2018

TokenDESI
Price in ICO1 DESI - 0.08 USD
CountryLithuania
ICO start7 Nov 2018
ICO end15 Jan 2019


  • ABOUT
  • TEAM
  • MILESTONE
  • FINANCIAL
  • SECURITY
  • MEDIA

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?

  1. 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.
  2. 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.
  3. 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.

 

Team

TEAM
Laimonas Noreika
Co-Founder / CEO
Audrius Griskevicius
Co-Founder / Business Development
Povilas Laucius
Development Lead
Darius Noreika
Co-Founder / Chief Operations Officer
Ethan Pierse
VP for Investor Relations
Vytautas Matulevicius
Chief Marketing Officer
Niko Muro
Chief Design Officer
Irmantas Kanopa
Senior Developer
Deividas Norkūnas
Junior Developer
George East
Public Relations Officer
Ingrida Willems
Community Manager
Greta Jonaityte
Content & Creative lead
Augustinas Kosys
Chief Security Officer
Arturas Paleicikas
Smart Contract Developer
Raimondas Reinikis
Quality Assurance Engineer
ADVISOR
Marc P. Bernegger
Investor Relations Advisor / Leading fintech and crypto entrepreneur
Jeff Burton
Advisor
Tim Simon
Chief Technology Officer

Milestones


  • DESICO core team establishes p2p lending platform. Key features: real time bidding, automated investments, secondary market, user friendly interface

  • DESICO core team launches crowdfunding platform for businesses

  • DESICO core team receives E-money license

  • DESICO core team - becomes a member of the ICO regulatory development team, setup by the Ministry of Finance of the Republic of Lithuania

  • Formation of developers team. Promoting the platform among blockchain community

  • DESICO Tokensale

  • Launch of Security ICO platform - Beta version

  • Launch of payment system for Crypto/fiat

  • Launch of built-in exchange.
    Opening of office in Amsterdam and Berlin

  • Launch of Security ICO platform - full version

Financial

Token
PlatformEthereum
Price in ICO1 DESI - 0.08 USD
Investment Info
AcceptingETH
Tokens Distribution51% - Sale
14% - Reserve
10% - Founders
10% - Team
8% - Financial supporters
4% - Advisors
3% - Bounty
Soft cap3,500,000 USD
Hard cap32,000,000 USD

Security

Legal entity

Registered Address: A. Rotundo g. 5-102, LT-01400 Vilnius

https://rekvizitai.vz.lt/en/company/desico/

Prehistory of project

FinBee is peer-to-peer lending platform providing services to individuals and companies in Lithuania and Czech Republic.

Product or its MVP

MVP is presented here

Blockchain experience

Advisor Ronald Kleverlaan – Director European Centre for Alternative Finance at Utrecht University

Member of the Global Alternative Finance Leadership Board at Home Cambridge Judge Business School

 

Advisor Jeff Burton – Advisor at Cryptelo

СO-Founder at HolodeckVR

 

 

Escrow

No escrow information were found

Comments

Update 02/06/18

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