Desico: In Aid of ICOs and Investors
Launching an ICO can be incredibly challenging. There are many things you will need to take care of to ensure a successful, worry-free launch, but the very first thing you will want to make sure of is that your ICO is compliant with the laws; otherwise, you can end up with a really expensive legal battle.
Unfortunately, where cryptocurrencies are concerned, there appears to be a lack of legal framework. Experts themselves cannot agree on how virtual currencies are to be treated, and legislators cannot seem to cope with how fast ICOs are moving along the blockchain space. So, by the looks of it, launching an ICO is really not as easy as it sounds. This is where Desico comes in.
A crowdfunding platform, Desico will assist startups launch their ICOs by allowing security tokens to be issued in full compliance with the law. Desico is in the perfect position to do this, as it is based in Lithuania, which is a member of the European Union, and a country that views crowdfunding activities positively. Plus it has the Bank of Lithuania supervising its operations. Desico will work around the legal and marketing aspects of the ICO and provide them 100% support during the conduct of its fundraising activity. Desico is also making the promise that using its platform will be more cost-effective for ICOs than for them (ICOs) doing everything all by themselves.
Desico will also operate an exchange platform of its own, thereby addressing ICO liquidity concerns, which are pretty common even after a successful token sale. Apparently, the game is not yet over even if the token sale is deemed successful with the ICO having reached its funding goal. Unknown to many, the ICO has to spend a lot in order to get into a popular exchange, where the money really is. The exchange is where liquidity happens, so the sooner the ICO is listed, the sooner will it experience liquidity. But getting listed is not easy for every ICO out there, so here is Desico to the rescue again. With its built-in exchange platform, ICOs will get listed right away without having to pay any listing fee. And ICOs will no longer struggle to convert their cryptos for fiat, either, because Desico will soon acquire an EU e-money license that will enable it to process, manage, and make payments with ease, as well as to exchange cryptos for fiat.
We can visualize Desico to look like this:
It’s basically a two-in-one platform, allowing both crowdfunding and exchange activities to hapen in one place, which operations are regulated by the European Law, to benefit the community of ICOs and investors. A big plus, Desico will soon have an e-money license to boast, that will make the conduct of financial transactions smooth, safe, and easy.
But how exactly will Desico work for ICOs? For an ICO to get listed on Desico, its team will need to send in its intent along with a summary of the business. The team will also need to comply with KYC/AML requirements, and if approved, the project will be screened by the Desico team for legitimacy, and will be further reviewed by the community of Desi token holders. If the community considers the project as having potential, the project will be accepted into the Desico platform, and so a contract will be drawn between the ICO team and Desico, and it will take effect upon the ICO team’s payment of the platform fee in Desi tokens. Desico’s legal team will then set out to prepare all the essentials for the ICO’s launch. When done, the ICO will be listed on the Desico platform, and it will have a domain page of its own, and so will begin the campaign to raise funds. At the conclusion of the sale, the ICO’s token will be listed on the Desico exchange platform.
It may be that Deisco is essentially created with ICOs in mind, but it will also be advantageous to investors and the blockchain community, who are wary of ICOs because of the seemingly lack of regulations around them. Desico will assume the burden of verifiying ICOs for legitimacy. No longer will investors have to take it upon themselves to determine if an ICO is performing illegal activities or not and then end up losing their money if the ICO turns out to be a scam. Desico will do this for them; Desico will filter the ICOs so only those found to be legitimate will be allowed on the platform. Investors can therefore rest easy, knowing that they are putting their money on a project that has no record of illegal activities. Desico will also serve as a secondary security token market, entitle investors to discounts on products on the marketplace, and allow investors to perform trading activities freely on the Desico exchange.
For investors to join Desico and avail themselves of the platform’s offerings, they will need to register on the platform and comply with the KYC/AML requirements. A successful registration will entitle them to a Desico account, which will then give them the ability to transfer funds from their wallet to their Desico wallet, buy Desi tokens, participate in the buy and sell trade, or invest in any ICO on the Desico platform.
Essentially, Desico will function because of the Desi token which will be primarily used to pay the platform fees and other services within Desico’s ecosystem. At the same time, Desi will also entitle token holders to bonuses, huge discounts, exemption from trading fees, and other benefits and privileges.
Based on the foregoing, we can safely say that Desico is indeed the “future of the ICO”s, the only guaranteed solution when you want to join the ICO bandwagon without having to deal with the legalities, marketing, and other technical aspects of the business, and at the same time experience instant liquidity without having to pay the expensive listing fees. Likewise, we can also say that Desico is the answer to every investor’s dream because here, investors can have the confidence to invest knowing that all ICOs on the Desico platform have been verified for legitimacy.
Token Details:
Token: DESI
Price: 1 DESI = 0.08 USD
Platform: Ethereum
Accepting: ETH
Soft cap: 3,500,000 USD
Hard cap: 32,000,000 USD
Country: Lithuania
For more information, visit the following pages:
Whitepaper: https://raincheck-ico-static.s3.amazonaws.com/static/file/RAIN-Token-White-Paper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4906285.0
Website: https://www.raintoken.org/
Telegram Channel: https://t.me/RainCheck_ICO
Telegram Group: https://t.me/getraincheck
Twitter: https://twitter.com/getraincheck
Facebook: https://www.facebook.com/getraincheck
Youtube: https://www.youtube.com/c/getRainCheck
Bitcointalk User: Kalikanan
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2079149