Desico
Desico. A Platform to issue and trade security tokens open for retail investors
Pre-Sale Stage 1
Token sale is finished.
Starts November 7 2018
Ends November 16 2018
Public Sale Stage 1
Token sale is finished.
Starts January 7 2019
Ends January 25 2019
STO details
  • Token
    DESI
  • Platform
    Ethereum
  • Country
    Lithuania
  • Whitelist/KYC
    KYC & Whitelist
  • Restricted areas
    China, United States of America

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.

Missing or incorrect data?
  • Laimonas Noreika
    Co-Founder / CEO
  • Audrius Griškevičius
    Co-Founder / Business Development
  • Povilas Laučius
    Chief Technology Officer
  • Darius Noreika
    Co-Founder / Chief Operations Officer
  • Ethan Pierse
    VP for Investor Relations
  • Dr. Vytautas Šenavičius
    Legal Advisor
  • 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
  • Artūras Paleičikas
    Smart Contract Developer
  • Raimondas Reinikis
    Quality Assurance Engineer
  • Vitalijus Misikovas
    Developer
  • Marius Lukošiūnas
    Developer
  • Marc P. Bernegger
    Advisors
  • Ronald Kleverlaan
    Advisors
  • Dr. Efi Pylarinou
    Advisors
  • Tim Simon
    Advisors
  • Donatas Tamelis
    Advisors
Missing or incorrect data?
  • 1
    Q1 2018

    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
    Q2 2018

    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
    Q3 2018

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

  • 4
    Q4 2018

    Desico groups of companies signs share purchase agreement of
    the financial brokerage firm*. The announcement of the Desico STO.

  • 5
    Q1 2019

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

  • 6
    Q2 2019

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

  • 7
    Q3 2019

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

  • 8
    Q1 2020

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

Token info
  • Token
    DESI
  • Platform
    Ethereum
  • Type
    ERC20
Pre-Sale and Public Sale info
  • Pre-Sale 1
  • Pre-Sale start
    November 7 2018
  • Pre-Sale end
    November 16 2018
  • PreSTO Price
    1 DESI = $1.00
  • Discount
    15%
  • Available tokens
    30000000
  • Public Sale 1
  • Public Sale start
    January 7 2019
  • Public Sale end
    January 25 2019
  • Price in STO
    1 DESI = $1.09
  • Discount
    15%
Investment info
  • Accepting
    ETH, BTC & Fiat
  • Hard cap
    44,361,793 USD
Missing or incorrect data?
Token allocation model
Use of funds model