About

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.

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 pay-outs 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. Pay-outs 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.

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STO’S Details

  • GENERAL INFORMATION
  • Pre-STO Opening Date:

    Wed, Nov 7th, 2018 12:00 AM (UTC)

  • Pre-STO Closing Date:

    Fri, Nov 30th, 2018 12:00 AM (UTC)

  • STO Opening Date:

    Mon, Jan 14th, 2019 12:00 AM (UTC)

  • STO Closing Date:

    Fri, Jan 25th, 2019 12:00 AM (UTC)

  • Country of Origin:

    Lithuania

  • TOKEN DETAILS
  • Symbol:

    DESI

  • Blockchain Type:

    Ethereum

  • Token Type:

    ERC20

  • Finance Information
  • Accepted Currencies:

    ETH, BTC, Fiat

  • Tokens for Sale:

    1 023 018

  • Initial Token Price:

    1 DESI = 1 USD

  • Hard Cap:

    5 750 000 USD

  • legal INFORMATION
  • Company Name:

    LLC DESICO (UAB DESICO) Private limited company

  • Country of Incorporation:

    Lithuania

  • Company Address:

    A. Rotundo st. 5-102, Vilnius, the Republic of Lithuania

  • Whitelist:

    Yes

  • Know Your Customer (KYC):

    Required

  • Anti-Money Laundering (AML):

    Required

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

  • Jeff Burton

    Jeff Burton

    Strategy Advisor / Member of founding team at Electronic Arts, Executive director at SkyDeck Berkeley - UC Berkeley’s startup accelerator

  • Efi Pylarinou

    Efi Pylarinou

    FinTech & Blockchain Advisor / Global Fintech influencer and Co-Founder & author at Daily Fintech

  • Donatas Tamelis

    Donatas Tamelis

    Digital Marketing Professional, Founder and MD of iProspect in Lithuania

Team

  • Laimonas Noreika

    Laimonas Noreika

    Co-Founder / CEO

  • Audrius Griskevicius

    Audrius Griskevicius

    Co-Founder / Business Development

  • Tim Simon

    Tim Simon

    Chief Technology Officer

  • Darius Noreika

    Darius Noreika

    Co-Founder / Chief Operations Officer