DESICO is the first platform in the world to issue, buy, and sell token politics as a whole in accordance with the law.

In the last year or so interest in Cryptocurrency has increased dramatically, but there has been a downside to such increased interest, a larger proportion of people to scam. Sadly, being scammed out of money is nothing new, it has been going on for years. However, with such high interest in crypto, scammers have latched onto the game and are ripping people off for large sums of money. Fake businesses have been created that produce bogus ICO’s (Initial Coin Offer). They promote them as security tokens, when in fact they are just utility tokens. Investors invest in false promises and lose a lot of money.

What the DESICO Platform will offer?

Vetting of Projects
Most importantly any project wanting to list on the DESICO platform will have to undergo a stringent vetting process which includes meeting the DESICO compliance team in person to have their business model assessed. The assessment will include know your customer (KYC)and anti-money laundering (AML) checks. Precautions like these should prevent any scams being listed on the platform therefore giving investors more confidence.

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.

How it work

DESICO platform offers customers a unique opportunity to automatically create a decentralized platform for the development of their own projects. The startup procedure runs according to a simplified scheme - you do not need to establish a team of developers, bear the costs of creating and maintaining a platform. After the introduction of the basic parameters of the idea of ​​a project, artificial intelligence allows creating the optimal project with an adequate price of cryptocurrency to achieve hardcap. A user can choose the interface he/she likes, develop a whitepaper, indicate the timing of a project without involving third-party specialists. DESICO support service, which works in 24/7 mode, will always help with advice in case of difficulties.

About the white paper

A white paper is often viewed as the ‘show home’ to an ICO’s real estate and in recent months, white papers have understandably the become the targets of reviewers and potential investors, and quite rightly so. If your white paper is hard to read, full of spelling mistakes and grammatically incorrect, let alone plagiarised from another one, then it will reflect very badly of the whole ICO and could potentially be the death nail as regards the success of the project.
During my research of various ICOs, I have trawled through many white papers and I am pleased to say that in general, I am finding that they are actually improving in quality. DESICO’s white paper is definitely very well put together, looks great and flows very well. Each time I was about to question a particular aspect, the answer jumped out at me as if anticipated. The current version is nearly 60 pages in length and packed full of interesting and easy to read information. I certainly recommend you sit back and enjoy the read!

WhitePaper: https://www.desico.io/docs/Whitepaper_240518_v2.pdf

Decentralization of the ecosystem of DESICO and its services

DESICO will involve external experts who will provide various services within the DESICO ecosystem. While most services will initially be provided by DESICO, the business plan is for DESICO to become a market, with an increasing number of quality external service providers to be auctioned to ensure platform scalability, accessibility, and integrity.

DESICO cryptocurrency

DESI token is based on the Ethereum ERC-20 standard. A total of 803 million DESI tokens were issued, of which 51% are allocated for the sale. The crowdsale starts on August 20 and lasts until November 1. The project’s softcap is 3.5 million dollars, hardcap - $32 million. All tokens that will not be sold will be destroyed, the subsequent release of cryptocurrency is not planned.

• Token info

Token DESI
Platform Ethereum
Type ERC20
Price in ICO 1 DESI = 0.08 USD
Tokens for sale 410,000,000

• Investment info

Accepting ETH
Distributed in ICO 51%
Soft cap 3,500,000 USD
Hard cap 32,000,000 USD

Distribution token

DESICO will sell 51% of total token supplies during the crowdsale event. DESICO tokens that will not be put into money. The tokens allocated to the team will have a 12 month lock-up period.

Conclusion

The nature of the DESICO ecosystem will ensure continuous token flow. Investors will spend their DESI tokens to participate in ICO. ICO will pay services to various providers within the DESICO ecosystem. While startups have the right to decide what to do with the DESI token they receive from investors, we hope they put their DESI token back immediately to the token market after they complete their ICO and no longer need platform services. Similarly, service providers are also expected to sell their tokens back to tokens mar ket.

Token circulating in the market will once again be purchased by the new ICO who wants to be registered on the DESICO platform, as well as by new and previous investors who wish to participate in the sale of the token further.

Meet the Team

It’s a great, huge and extremely proficient team with 22 individuals when I looked.

Laimonas Noreika — CEO and Co-organizer, has a BA degree in Business Administration with right around 10 years involvement in Business to Consumer marketing.

Audrius Griskevicius — Chief Business Development Officer and Co-organizer, holds a MBA from Hult Business School and has right around 15 long stretches of involvement as a specialist within the financial area.

Darius Noreika Chief Operations Officer and Co-author, has a MA in Economics from Vilnius University, Darius has more than 10 long periods of experience working in financial analysis.

DESICO as of now utilizes no less than seventeen engineers and five advisors. A great part of the development team has just worked together on FinBee.com, a shared lending platform, and Draugas.It, Lithuania’s most well known web based life website.

Links:

Website: https://www.desico.io
WhitePaper: https://www.desico.io/docs/Whitepaper_240518_v2.pdf
Telegram: https://t.me/desicochat
Facebook: https://www.facebook.com/desico.io/
Twitter: https://twitter.com/desico_io
Medium: https://medium.com/@desico.io
ANN: https://bitcointalk.org/index.php?topic=4398505.20

Author: https://bitcointalk.org/index.php?action=profile;u=1661852