DESI - ICO Details

Overview
2
StatusActive
HeadlineDESICO is a platform to issue and trade security tokens that is open to retail investors
CategoryInfrastructure
Starting date11/07/2018
Ending date01/25/2019
WebsiteView Website
WhitepaperView Whitepaper
Links
Project Info

DESICO is an EU based end-to-end platform to issue and trade security tokens. DESICO is being built by experienced fintech entrepreneurs and is endorsed by Ministry of Finance and Ministry of Economy. To showcase its business model viability, DESICO is performing Security token offering in November, 2018.

DESICO Business Model:

Platform to issue Security tokens
DESICO will enable to invest in Security Token Offerings (STOs) issued by the most promising blockchain startups, and get quarterly payouts from their revenue. DESICO is creating a scam-free environment by filtering out suspicious and fraudulent projects.

Exchange
DESICO will operate a securities exchange, which will provide immediate listing and liquidity
for the security tokens after completion of an STO on the DESICO platform. The
exchange will be subject to the regulatory supervision of the Bank of Lithuania, which
will provide additional financial security and trust for participants of DESICO network.

Payment system
DESICO will operate a crypto/fiat payment system, which will operate under a European e-money licence. This will allow the DESICO community to manage their crypto and fiat holdings within the platform

DESI token
The DESI token is a Security token (RPN) and the sale starts on November 7. DESI token holders will receive a revenue share of 12.5% of DESICO’s gross income over the next 30 years. Payouts will be quarterly, with no cap on the revenues. It is a 30-year Revenue Participation Note that is callable after 5 years at any time.

ICO Details
Softcap0(USD)
Hardcap44,361,793(USD)
USA accepted
Currency AcceptedBTC,ETH,USD,Others
Coin SymbolDESI
Total Coins38,575,472
Coins for Sale30,000,000
Private-Sale/Pre-Mined Coins0
Coins Sold0%
Coin Price1.08 USD
Softcap Reached
Confirmed Exchange
Unsold Coins Goes to Burn
Stage Details
Active
Start date11/07/2018
End date01/25/2019
Token for sale30,000,000
Token Price1.08 USD
Team Info
Core Team

Laimonas Noreika

Co-Founder /CEO

Audrius Griškevičius

Co-Founder / Business Development

Darius Noreika

Co-Founder / Chief Operations Officer

Ethan Pierse

VP for Investor Relations

Advisory Team

Marc P. Bernegger

Ronald Kleverlaan

Dr. Efi Pylarinou

Tim Simon

Donatas Tamelis

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