NO MORE ICO SCAMS

Till today thousand coins have already fallen dead and out of the crypto-market, while Coinospy has given more than 800 as its official count.

This sudden bloodbath in the market appears to be a direct consequence of the failed ICO-backed projects held by every other start-up desiring heavy funding. Another reason could be the globally imposed regulatory actions taken against ICOs to avoid scams and other fraudulent practices.

According to a Bloomberg report, about 80% of the ICOs were scams, while another 10% were not concrete and failed miserably after raising funds.

In March, the ICO advisory group called Satis had put out data indicating that only 4% of the ICOs that raise funds between $50 million to $100 million gained success and had substance. Rest of the ICOs were conducted without a serious product or team, based on empty promises and whitepapers that lacked credibility.

Investors have lost billions over these failed projects. Fairly recently, platforms like BitConnect had its market cap slip down to around $4 million from an estimated $3 billion. The ICOs that raised these coins were insignificantly small, but there were losses of least $500 million.

Why DESICO is going to be a Game changer of the Crypto world?

DESICO stands for Decentralized Ecosystem for Security ICOs. The DESICO platform will buy, sell and issue security tokens “In full compliance with the law”
It's a world's first platform to issue and trade security tokens in full compliance with the law.

DESICO will also be fully supervised by the Bank of Lithuania, which is under the control of the European Central - one of the key feature which makes them distinct in crypto world.

DESICO Exchange

The DESICO platform will have a regulated built-in exchange to provide immediate liquidity for newly issued ICO security tokens. The exchange will be subject to the regulatory supervision of the Bank of Lithuania and ‘DESI’ tokens will be used to list and trade on the exchange. All the ICO listed on DESICO platform will be 100% legit. While listing on the DESICO platform they will also check the background of the team and this going to protect the investor from the scam.

ICOs wishing to be listed on the DESICO platform will have to contribute a certain amount of DESI tokens as platform fees the idea is that as DESICO grows, more tokens will be listed on its exchange and trading activity will grow. As transactions increase, there will be a gain in the demand for the DESI token. There will also be exemptions to exchange trading fees to token holders above a certain threshold

Team behind DESICO

Audrius Griskevicius - Chief Business Development Officer and Co-founder, holds an MBA from Hult Business School and has almost 15 years of experience as an expert within the financial sector

Laimonas Noreika - CEO and Co-founder, has a BA degree in Business Administration with almost 10 years of experience in Business to Consumer marketing

Darius Noreika - Chief Operations Officer and Co-founder, has an MA in Economics from Vilnius University, Darius has over 10 years of experience working in financial analysis.

Audrius Griskevicius — Chief Business Development Officer and Co-founder, holds an MBA from Hult Business School and has almost 15 years of experience as an expert within the financial sector

SNAPSHOT

For investors:
 Investor protection as in security investments
Verification for
 legitimate security ICOs
 A user-friendly interface and investment tools
 Secondary security token market

For businesses
 Fundraising with neither legal nor reputational risks
 An all-in-one, cost-saving marketplace
 A secure and fully legally compliant ICO process
 Access to a pool of investors via the DESICO platform
 Immediate liquidity plus no listing costs on the DESICO exchange

The purpose of the DESI Token
The DESI Token as a payment method:
 For any service provided by DESICO
 For fees to third-party service providers within the DESICO ecosystem

DESI Token privilege rights:

 To participate in the pre-sale of security ICOs
 launched with DESICO, and to receive bonuses
 To trade on the DESICO exchange free of charge if a sufficient amount of DESI Tokens are held
 To receive financial rewards for taking part in the screening of ICOs and bounty campaigns

About the DESI Tokens
 The tokens are Ethereum based ERC-20 and are called ‘DESI’
 The crowd sale starts on August 20th 2018 and is due to end on November 1st 2018
 Tokens for sale: 409,852,000
 Soft Cap 3,500,000 USD Hard Cap 32,000,000 USD
 Deposit Method Ether (ETH)
 Total Supply 803,631,373
DESICO is its ICO stage now and the crowd sale is foreseen August 20 – Nov 01 and launch of Beta version of the platform is planned for Q2 2019.

You can have look at the first draft of the demo version for the platform

https://projects.invisionapp.com/share/HUL994WJZ2T#/303634981_00_Project_list
Interface is very easy to use and understand.

For More details on the Project.

Telegram: https://t.me/desicochat

Website: https://www.desico.io

Twitter: https://twitter.com/desico_io

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