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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