Desico is a platform to issue and trade security tokens that is open to retail investors. 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.
The Desico core team becomes a member of the ICO
regulatory development team created by the Ministry
of Finance of the Republic of Lithuania
The formation of the Desico developer team,
plus business model planning. Endorsements received from
Lithuania's Ministry of Finance and Ministry of the Economy.
Preparation for Desico STO and marketing of the project.
Publicity in major international media outlets including
Forbes and Entrepreneur
Desico groups of companies signs share purchase agreement of
the financial brokerage firm*. The announcement of the Desico STO.
Desico lists its first clients on the primary market.
Team growing and preparing for scaling.
A secondary market for the trading of securities
is launched. Further development of the Desico platform.
Partnerships formed with securities exchanges
in order to ensure the liquidity of security tokens.
The full version of the Desico STO platform
is launched and ready for global scaling