DESICO is developing a platform that will allow users to easily launch ICOs for security tokens. The platform will benefit both the companies issuing ICO and their investors by offering scrupulous legal compliance, marketing services, and a built-in exchange. ICO on the platform and entitle owners to several privileges such as access to pre-ICO sales.
DESICO's Team
DESICO is currently employs at least seventeen developers and five advisors. Much of the development team has worked together on FinBee.com, a peer-to-peer lending platform, and Draugas. It, Lithuania's most popular social media site. DESICO is based in Lithuania, relaxed laws regarding the majority of countries regarding ICOs and blockchain tech companies, and the cornerstone of its business model is that it will be in full compliance with all of the European Union's financial regulations. However, the developers don't mention expansion to other markets, and it's not yet clear which countries' citizens will be served upon the platform's release. DESICO has very little presence on social media, with fewer than a dozen followers on both Twitter and Facebook pages, and its platform has been covered only by websites dedicated to ICO information. However, the project is still early along with its roadmap. the project will get more attention than its ICO approaches and its nears completion platform.
DESICO's Technology
DESICO's primary offerings are a crowdfunding platform that makes it easy to create and invest in ICOs, and a built-in exchange where tokens can be traded after their release. DESICO notes that its platform is dedicated to security tokens, which entitle owners to a share of a business; these sorts of tokens are different from straightforward cryptocurrencies like Bitcoins or specific utilities to a platform, and they are subject to much strict regulations. DESICO hopes to help both startup companies and investors navigate this legal environment and ultimately disrupt the venture capital industry. DESICO's platform will offer investors peace of mind; they are listed on the site are legitimate, reputable, and fully legal. Another significant advantage of the platform is that investors will be able to verify their identity just once, and then use this verification to participate in any of the site's ICOs. Will be immediately listed on the following site of their ICO. This address is a problem common to many ICOs: to often lose value after their release because they are not promptly listed on any exchange, leading to a loss of interest and thus demand. DESICO's platform is still far from its release: the beta version of the platform is scheduled for release in the second quarter of 2019, with the exchange arriving at the end of the year, and the first full version of the platform coming in the fourth quarter of 2020.
DESICO ICO Token Details
Name DESICO: (DESI)
Ethereum-based blockchain: (ERC20) token
Total supply of 804 million tokens
Supply for sale 410 million tokens
Ether Method Deposit (ETH) A total of 804 million 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 is readily reported - the sale will run from May 21st to August 19 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. The DESICO token is an ERC-20 currency, and the ICO will accept only Ethereum. Though the platform it funds is dedicated to security, the DESICO token itself is a utility token that entitles owners to privileges and services within the platform. Companies hope to list their ICO on the site will need to pay for this with DESICO tokens, and investors who own it will be exempt from many of the platform's fees and pre-ICO sales allowed to access.
The Verdict
If DESICO can offer the full legal compliance for security that it claims, it can be an important platform for startup seeking capital and threaten companies the traditional venture capital system. However, the company will face uphill battle as it begins to look internationally; few countries are as friendly to ICOs as Lithuania, and laws regarding this technology are changing rapidly.
For More Information Visit:
Website: https://www.desico.io/
Whitepaper: https://www.desico.io/docs/Whitepaper_240518_v2.pdf
Twitter: https://twitter.com/desico_io
Facebook: https://www.facebook.com/desico.io/
Telegram: https://t.me/desicochat
NAME ID BITCOINTALK: yantiaryan
https://bitcointalk.org/index.php?action=profile;u=1445306
ETH: 0x2A50375573A1B9A65De13dC27c6A25FC778d5512
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