DESICO

Start
Nov 07, 2018
End
Jan 15, 2019

DESICO is the world’s first fully legal decentralized platform for security ICOs. It will address the biggest challenges currently facing the ICO industry and set new standards for the use of security tokens as a crowdfunding method of the future.

The biggest issues currently facing ICOs across the world are the absence of legal frameworks, and unequal opportunities for whale and retail investors, and institutional investors; whale investors receive huge bonuses and discounts, whilst retail and institutional investors suffer enormous losses when whale investors dump their tokens. For ICOs to become fully recognized as legitimate crowdfunding sources, the ICO market needs to overcome these obstacles.

DESICO will address these obstacles in full compliance with the law of a European Union member state
DESICO will address the issues outlined above by building the world’s first platform to issue security tokens. The platform will be fully compliant with the legal frameworks of Lithuania, a European Union and Eurozone member state. The DESICO platform will provide each investor, large or small, with the same opportunities to invest into promising security token-based ICOs.

DESICO will operate a built-in token exchange. The exchange will provide security tokens with immediate liquidity after the successful completion of any security ICO on the DESICO platform. The DESICO platform will be subject to regulation from the Bank of Lithuania, which is under the jurisdiction of the European Central Bank. This will provide all ICOs listed on the DESICO platform with extra financial security and trust.

The DESICO platform will also receive a European Union e-money license, meaning it will be able to legally execute payment transactions and manage payment accounts. Therefore DESICO users will be able to safely transfer their funds to the DESICO platform using their International Bank Account Number (IBAN). The e-money licence also means that investors will be able to easily exchange their FIAT holdings into cryptocurrencies and vice-versa.

Project Team
Laimonas Noreika
Co-Founder / CEO
Audrius Griškevičius
Co-Founder / Business Development
Tim Simon
Chief Technology Officer
Darius Noreika
Co-Founder / Chief Operations Officer
Vytautas Matulevičius
Chief Marketing Officer
Nico Muro
Chief Design Officer
Irmantas Kanopa
Senior Developer
Deividas Norkūnas
Junior Developer
George East
Public Relations Officer
Ingrida Willems
Community Manager
Greta Jonaitytė
Content & Creative lead
Augustinas Košys
Chief Security Officer
Povilas Laučius
Development Lead
Artūras Paleičikas
Smart Contract Developer
Raimondas Reinikis
Quality Assurance Engineer
Vitalijus Misikovas
Developer
Marius Lukošiūnas
Developer
Advisors
Ronald Kleverlaan
Crowdfunding Advisor
Jeff Burton
Strategy Advisor
Dr. Efi Pylarinou
FinTech & Blockchain Advisor
Donatas Tamelis
Dr. Vytautas Šenavičius
Legal Advisor
Token

DESI

Token generation cap

803,631,373

Token distribution

51% CROWDSALE
3% BOUNTY
10% FOUNDERS
14% RESERVE
4% ADVISORS
8% FINANCIAL SUPPORTERS
10% TEAM

Token price

1 DESI = 0.08 USD

Expect to raise

Soft Cap: 3,500,000 USD
Hard Cap: 32,000,000 USD

Accepting

ETH

Country

Lithuania

KYC: yes