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Desico (DESI)

Status
ICO

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.
DESICO will operate a regulated exchange. It will provide security tokens with immediate liquidity after the completion of an ICO on the DESICO platform.
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.The DESICO community will consist of security token issuers, crypto investors and enthusiasts, and ICO-related service providers.

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Ticker
DESI
Type
Security
Token standard
ERC-20
FoundedLithuania
Registration countryLithuania
Office address33 Rue la Fayette, 75009 Paris, France
A. Rotundo St. 5-102, Vilnius, Republic of Lithuania

What is Desico

DESICO is the world’ s first platform to issue, buy, and sell security tokens in full compliance with the law. Its ecosystem will disrupt the global $155 billion venture capital market by introducing security tokens through blockchain.

The goal of DESICO is to create a gateway for retail and institutional investors to step into VCdominated startup funding space. At the same time, DESICO seeks to contribute to creating fully global, fair and less costly access to capital for promising businesses from anywhere in the world.

DESICO will build on the advantages of an ICO (Initial Coin Offerings) to create an ecosystem bringing the next big change in the global capital markets. DESICO will enable decentralization of pre-seed investments by adopting unique capabilities of blockchain technology and providing a legal way to purchase security tokens. tokenization of existing assets with revenue streams, or other hybrid security tokens.

ICOs are an emerging asset class that has huge potential to grow with the right capital markets infrastructure. Currently, most are hybrid (partly securities, partly utility tokens), some are utility tokens, and few are clearly securities.

DESICO’ s platform will facilitate the issuance of outright security tokens - digitized equity in early ventures, tokenization of existing assets with revenue streams, or other hybrid security tokens. DESICO will provide a complete infrastructure for security ICO launch, operate a regulated security tokens exchange and provide transaction services under e-money license.

The functioning of DESICO ecosystem will be powered by the DESICO utility token. The token holders will have priority rights to participate in the initial security tokens launched on the DESICO platform in addition to other privileges. The token will also serve as a payment for all related services for the issuance within the ecosystem. Therefore, investors and businesses will be using the DESICO token.

DESICO is registered in Lithuania, a European Union and Eurozone country and will operate within the regulatory legal framework of the Lithuanian Law of Crowdfunding and under the supervision of Bank of Lithuania (under the control of the European Central Bank).

DESICO has already received support from the Ministry of Finance1 and has been acknowledged for its efforts in promoting ICO legalization.

DESICO is led by a team of entrepreneurs and experts in fintech, legal services and marketing. The founders are already running a successful European crowdfunding and peer-to-peer platform.

Desico Roadmap

1
2018 Q1

The DESICO core team becomes a member of the ICO regulatory development team created by the Ministry of Finance of the Republic of Lithuania

2
2018 Q2

The formation of the DESICO developer team, plus business model planning. Endorsements received from Lithuania's Ministry of Finance and Ministry of the Economy.

3
2018 Q3

Preparation for DESICO STO and marketing of the project. Publicity in major international media outlets including Forbes and Entrepreneur.

4
2018 Q4

DESICO acquires its financial brokerage licence. The announcement of the DESICO STO.

5
2019 Q1

DESICO lists its first clients on the primary market. Team growing and preparing for scaling.

6
2019 Q2

A secondary market for the trading of securities is launched. Further development of the DESICO platform.

7
2019 Q3

Partnerships formed with securities exchanges in order to ensure the liquidity of security tokens.

8
2020 Q1

The full version of the DESICO STO platform is launched and ready for global scaling.

Token Sale Dates

Presale Period

Start date: Nov 07, 2018
End date: Nov 30, 2018

ICO

Start date: Jan 14, 2019
End date: Jan 25, 2019

Token Allocation

Total Token Supply 38,575,472 DESI
Total Tokens for Sale 3,0000,000 DESI

Funding Details

Soft Cap 0 USD
Hard Cap 44,361,793 USD

Token distribution


77.8% - SALE 30,000,000 DESI
9.1% - TEAM 3,510,368 DESI
8.00% - FINANCIAL SUPPORTERS 3,086,038 DESI
3.4% - ADVISORS 1,311,566 DESI
1.7% - BOUNTY 667,500 DESI

Funds allocation


32% - Platform Development
18% - Business Development
20% - Marketing
9% - Legal & Regulatory
11% - Operational
10% - Reserve

Token Price and Payment Options

Token price USD 1 DESI = 1.08 USD
Accepted Currencies ETH, BTC and FIAT

Project team

Laimonas Noreika
Laimonas Noreika
Co-Founder / CEO
Laimonas Noreika linkedin-team
Audrius Griškevičius
Audrius Griškevičius
Co-Founder / Business Development
Audrius Griškevičius linkedin-team
Tim Simon
Tim Simon
Chief Technology Officer
Tim Simon linkedin-team
Darius Noreika
Darius Noreika
Co-Founder / Chief Operations Officer
Darius Noreika linkedin-team
Vytautas Matulevičius
Vytautas Matulevičius
Chief Marketing Officer
Vytautas Matulevičius linkedin-team
Nico Muro
Nico Muro
Chief Design Officer
Nico Muro linkedin-team
Irmantas Kanopa
Irmantas Kanopa
Senior Developer
Irmantas Kanopa linkedin-team
Deividas Norkūnas
Deividas Norkūnas
Junior Developer
Deividas Norkūnas linkedin-team
George East
George East
Public Relations Officer
George East linkedin-team
Ingrida Willems
Ingrida Willems
Community Manager
Ingrida Willems linkedin-team
Greta Jonaitytė
Greta Jonaitytė
Content & Creative lead
Greta Jonaitytė linkedin-team
Augustinas Košys
Augustinas Košys
Chief Security Officer
Augustinas Košys linkedin-team
Povilas Laučius
Povilas Laučius
Development Lead
Povilas Laučius linkedin-team
Artūras Paleičikas
Artūras Paleičikas
Smart Contract Developer
Artūras Paleičikas linkedin-team
Raimondas Reinikis
Raimondas Reinikis
Quality Assurance Engineer
Raimondas Reinikis linkedin-team
Vitalijus Misikovas
Vitalijus Misikovas
Developer
Vitalijus Misikovas linkedin-team
Marius Lukošiūnas
Marius Lukošiūnas
Developer
Marius Lukošiūnas linkedin-team
Vytautas Šenavičius
Vytautas Šenavičius
Legal Advisor
Vytautas Šenavičius linkedin-team
Ethan Pierse
Ethan Pierse
VP for Investor Relations
Ethan Pierse linkedin-team

Advisors

Ronald Kleverlaan
Ronald Kleverlaan
Crowdfunding Advisor / Expert Advisor on Alternative Finace at European Commission, Member of the Global Alternative Finance Leadership board at University of Cambridge
Ronald Kleverlaan linkedin-team
Jeff Burton
Jeff Burton
Strategy Advisor / Member of founding team at Electronic Arts, Executive director at SkyDeck Berkeley - UC Berkeley’s startup accelerator
Jeff Burton linkedin-team
Efi Pylarinou
Efi Pylarinou
FinTech & Blockchain Advisor / Global Fintech influencer and Co-Founder & author at Daily Fintech
Efi Pylarinou linkedin-team
Donatas Tamelis
Donatas Tamelis
Digital Marketing Professional, Founder and MD of iProspect in Lithuania
Donatas Tamelis linkedin-team
Marc P. Bernegger
Marc P. Bernegger
Investor Relations Advisor
Marc P. Bernegger linkedin-team

Social media

MVP

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