Why DESICO will possibly be one of the success ICO stories of 2018/19
The waters in the world of ICOs is, at present, rather murky; full of uncertainty, distrust and unscrupulous chancers out to make a quick buck. The present nature of the cryptocurrency/ICO space unfortunately allows the scam ICO to sit alongside the legitimate ICO with potential investors having little cast-iron information to separate the two. In fact, scam ICOs can seem more convincing and attractive with false or exaggerated facts and figures to entice and reel in the unaware investor.
Step forward DESICO (Decentralised Ecosystem for Security ICOs); the world’s first platform to issue and trade security tokens in full compliance with the law.
Endorsed by the Ministries of Finance and Economy of Lithuania*, DESICO aims to disrupt the global $155 billion venture capital market by introducing security tokens through blockchain but will, first and foremost, provide a filter for illegal business and potential scams.
When issuing security ICOs on the DESICO platform, strict Know Your Customer and Anti Money Laundering procedures will be mandatory for ICOs and investors alike; creating, as far as possible, a safe and transparent environment for all involved.
DESICO will operate an exchange, which will provide immediate listing and liquidity of security tokens after completion of an ICO on the DESICO platform. The exchange will be subject to the regulatory supervision of the Bank of Lithuania, which will endeavour to provide additional financial security and trust for participants of the DESICO network.
With access to a European e-money license, DESICO will be able to manage both crypto and fiat holdings for businesses, as well as exchange cryptos to fiat, as operational costs are still fiat-based. This is another great feature of this project in making the platform flexible for financial management and control.
It can therefore be seen that the team at DESICO has its users’ interests at heart and are doing all they possibly can to make their platform the place to go to for peace of mind, ease of use and, hopefully, prosperity.
The ever-engaging presence of DESICO’s Community Manager, Ingrida Willems, in their telegram group (link below) is, in part, a testament to the caring nature of this project; something that other ICOs should take note of and use as a template for community engagement. The regular up-dates and weekly YouTube videos really makes them a stand out ICO. Other members of the experienced team are regular visitors to the telegram group, continually and consistently responding to questions in an extremely time efficient manner.
A recent announcement has delayed the start of the crowdsale until 7th November due to the current bear market climate within the cryptocurrency space per se. This was a responsible decision by a team that has its finger on the crypto-pulse and is open to change for the good of its users.
Endorsements
European Commission advisor on alternative finance, Ronald Kleverlaan.
“I think the timing for DESICO is now perfect. Security tokens can now be standardized, plus we have seen the standardization of equity crowdfunding and how it has become very successful. I think DESICO will bridge the gap between ICOs and the traditional way of fundraising either through equity crowdfunding, business angels, or a traditional IPO.”
Electronic Arts founding team member Jeff Burton.
“Thanks to its solution of issuing legally compliant security tokens, DESICO is a highly necessary step for the blockchain, cryptocurrency, and ICO industries.”
Dr. Pylarinou DESICO’s advisor on Fintech and Blockchain
“In a highly regulated industry such as the financial industry, regulation determines the dominant technology to a large degree. DESICO is taking the necessary steps to build a platform that alleviates the current regulatory concerns, and it is setting new industry standards as a result.”
Conclusion
The team at DESICO are creating and developing 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. In doing so, they will try to ensure that only legitimate projects are approved which can only be good for the ICO/cryptocurrency space as a whole.
For more details use these links:
Website - https://www.desico.io/en
Whitepaper - https://www.desico.io/docs/Whitepaper_240518_v2.pdf
Twitter - https://twitter.com/desico_io
Telegram - https://t.me/desicochat
*Lithuania has been a European Union member state since 2004 and is an emerging fintech leader in continental Europe.