PRESS RELEASE: DESICO Launches Its Public Offering in Compliance with EU Regulation

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Paris / Vilnius, November 8th, 2018

DESICO , a startup that is developing a security token infrastructure, started public offering on November 8, 2018, during which investors will be able to purchase DESI tokens which entitle token holders to platform’s revenue.

The company relies on the fundraising model given that DESI Tokens represent safer and more valuable instruments compared to ICO-based utility tokens. For this, DESICO went through several regulatory filters, finally securing the required regulatory structure for its offering, in accordance with EU member state laws. All investors from around the globe, with an exclusion of non-accredited US investors, are eligible to participate in DESI Token sale.

Laimonas Noreika, co-founder and CEO of DESICO, said:

“Tokenized securities will bring more value and more protection for you – investors. Out of all the security token platforms, we are the ones who are doing offering for retail investors in European Union jurisdiction”,

he explained.

During the crowdsale, the company will release financial instruments (DESI tokens), which will provide quarterly payouts to investors. DESI tokens represent a type of security tokens that will allow token holders to receive quarterly payouts that constitute 12.5% of the company’s revenue . There will be no cap on revenue-based payouts for holders. Thus, the DESI tokens model enables investors to benefit from DESICO’s revenue and growth.

To operate within the legal framework, DESICO will conduct its offering through the EU-based brokerage, crowdfunding, and e-money license holders.

The rationale behind DESICO’s move is to show potential clients that the company is pursuing the same business model that is proposed for users. The team intends to prove to the public that it has great confidence in its own product and system.

Retail investors will have to invest no less than $230, while the maximum investment limit will be the equivalent of $5,750,000. Accredited investors will be required to invest no less than $143,750, with no upper limit.

Investors planning to take part in DESICO’s offering event have to consider the know-your-customer (KYC) and anti-money laundering (AML) requirements. According to current laws, in the US, such offering can be joined by accredited investors only.

DESICO will issue not more than 38,575,472 units of DESICO Tokens. All emission of 38,575,472 DESICO Tokens will have a right to a revenue of 12,5% of companies of DESICO group. The holder of one token will receive 12,5% / 38,575,472 of DESICO group companies revenue.In case less than 38,575,472 tokens will be issued the total amount of revenue transferred to token holders will be proportionally reduced. In this first offering, DESICO offers only 1,023,018 of DESI Tokens.

The offering will be delivered through licensed crowdfunding platform “UAB Finansų Bitė verslui” and licensed financial brokerage firm “FMI DV Invest”.

About DESICO

DESICO builds a platform to enable the issuance and trading of tokenized securities in full compliance with EU law. DESICO seeks to operate under crowdfunding law, financial markets law, and the EU’s e-money directive for the Republic of Lithuania, which allow authorized entities to issue securities in order to raise capital. DESICO is based in Paris, France, and in Vilnius, Lithuania.

You can whitelist and purchase your tokens here .

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