Desico - Decentralized Ecosystem for Security ICOs
About Desico
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.
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 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.
Key components of the DESICO Ecosystem
- Crowdfunding Platform
DESICO will operate a global EU-based platform offering a fully compliant way for businesses to issue ICOs, and for token buyers to acquire and trade these tokens. - Built-in Exchange
DESICO will operate a fully regulated exchange. It will provide security tokens with immediate liquidity after the successful completion of an ICO on the DESICO platform. - E-Money Accounts
DESICO users will be able to manage both crypto and fiat holdings within the platform. They will also have the opportunity to exchange their cryptocurrencies into fiat currencies within the DESICO exchange. - Full Legal Compliance
DESICO will operate fully within the current securities and crowdfunding laws of the Republic of Lithuania, a European Union and Eurozone member state. - Community
The DESICO community will consist of security token issuers, crypto investors and enthusiasts, and ICO-related service providers.
Why is blockchain essential for DESICO?
- To tokenize securities
Blockchain will allow DESICO to implement the tokenization of securities. It will bring a number of advantages for global financial markets, in particular, the removal of intermediaries who need to be paid for their services. - To build a smart contract-based decentralized platform
The use of smart-contracts will enable the full decentralization of the DESICO platform and its services. Thanks to smart-contracts, various service providers and DESICO community members will be able to offer their services on the DESICO ecosystem, and communicate directly with ICOs. - Distributed ledger
DESICO will build an efficient and fully transparent platform, which stores transaction-level data on the blockchain. DESICO is also considering using a sidechain to facilitate and record all transactions relating to the sale and purchase of security tokens.
DESI Token
The functionality of the DESICO ecosystem will be based on the DESI token. The DESI token will serve two main purposes:
- Payment method within the DESICO Ecosystem
ICOs wishing to issue security tokens via the DESICO platform will have to contribute a certain amount of DESI tokens to the platform as platform fees. Investors will be able to acquire these newly-issued security tokens by paying in DESI tokens. External experts and community members will receive DESI tokens in exchange for their services. - Privileges when acquiring security tokens
DESI token holders will be given exclusive rights on the DESICO platform. These will include early bird access and whale-like bonuses when acquiring security tokens, and being exempt from trading fees on the DESICO exchange.
Token information
Name : DESI
Start of crowdsale : 7 November 2018
End of crowdsale : 15 January 2019
Soft Cap : 3,500,000 USD
Hard Cap : 32,000,000 USD
Deposit Method : Ether (ETH)
Total Supply : 803,631,373
Supply for sale : 409,852,000
Blockchain : Ethereum-based (ERC20) token
Token distribution
DESICO will sell 51% of the total token supply during all stages of the crowdsale event. Unsold DESI tokens will be burned. Tokens allocated to the team will have a lock up period of 12 months.
Roadmap
Team
Advisors
For more information:
- Website: https://www.desico.io/en
- Whitepaper: https://www.desico.io/docs/Whitepaper_280818_v2.pdf
- Ann Thread: https://bitcointalk.org/index.php?topic=4398505.0
- Telegram: https://t.me/desicochat
- Twitter: https://twitter.com/desico_io
- Facebook: https://www.facebook.com/desico.io/
Author:
Profile Forum Link: https://bitcointalk.org/index.php?action=profile;u=1912720;sa=summary
Forum Username: kahseralpridetroopers04
Wallet Address: 0x180CfC5B85a114FC8a8D54AaeB100DAa9abA9072
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.desico.io/en
Congratulations @mahesti! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!