It is difficult for a beginning entrepreneur to develop business in the modern world. As a rule, starting capital is either not completely available, or its amount is insufficient to start and develop business. It takes time for a project to start bringing profit, and its development requires time and money investments. There are two options for finding the way out of this situation: taking a loan from a bank or finding an investor. The second option is more preferable. After all, even though it is necessary to share profits with an investor in the future, an entrepreneur gets a real chance to develop business for the initial profit without paying off interest on a loan. But even here an entrepreneur faces difficulties - where to find an investor, how to formalize relations with him/her without the risk of losing business in the future? With the development of blockchain technology and smart contracts, an entrepreneur can create own platform and launch an ICO. This option is preferred for large projects, and small businesses are still facing a funding gap. The decentralized DESICO platform offers unique algorithms that enable entrepreneurs to launch their ideas economically and quickly and to organize a crowdsale to collect investments for their implementation.
Key features of DESICO
DESICO platform offers customers a unique opportunity to automatically create a decentralized platform for the development of their own projects. The startup procedure runs according to a simplified scheme - you do not need to establish a team of developers, bear the costs of creating and maintaining a platform. After the introduction of the basic parameters of the idea of a project, artificial intelligence allows creating the optimal project with an adequate price of cryptocurrency to achieve hardcap. A user can choose the interface he/she likes, develop a whitepaper, indicate the timing of a project without involving third-party specialists. DESICO support service, which works in 24/7 mode, will always help with advice in case of difficulties.
The advantages of DESICO
The goal of DESICO is to create a global venture capital market with the annual volume reaching 155 billion dollars. According to research, the potential ICO market accounts more than $7 billion, while the IPO market has risen to $189 billion. Modern business is in desperate need of investments, which DESICO will attract using a nano approach.
On the platform, any user can post his/her idea and run a crowdsale. After finding investors and achieving the hardcap level, the crowdsale is over. As a project progresses successfully, a company can issue shares and enter the IPO using DESICO tools.
DESICO platform is equipped with a built-in exchange tool that allows providing liquidity of the issued cryptocurrency after the end of the crowdsale. The created project can be different - users can create both cryptocurrency and project based on the currency. DESICO allows to instantly convert fiat into cryptocurrency and, accordingly, cryptocurrency into fiat. The project participants are potential investors and entrepreneurs who together form DESICO community. With the help of blockchain technology, the generated securities are endowed with a cryptocurrency value, which makes them more resistant to external market fluctuations. By eliminating intermediaries from this chain of work, entrepreneur's expenses are significantly reduced. Also, blockchain provides safe operation for DESICO and reliable protection of each project from hacking. The constant companion of blockchain are smart contracts that allow investing in projects confidentially and at the same time transparently. The high speed of transactions without intermediaries ensures successful and profitable work for all project participants. The data of all transactions is stored in the distributed chain and cannot be deleted.
The work on DESICO fully complies with the current legislation on the Eurozone securities market and has already received approval from the Ministry of Finance of the Republic of Lithuania. The business model of the project is based on the acquisition of DESI platform tokens by entrepreneurs to pay for the package of services for launching the ICO. DESI tokens are used to perform all calculations on the platform. An investor also pays for them using DESI when acquiring released tokens on a new project. Tokens owners gain access to premium platform tools.
The developers of DESICO project assume that as the platform develops, the price of DESI tokens on the cryptocurrency market will increase by more than 4 times. This is due to the growing demand for tokens due to the increase in the number of DESICO users.
DESICO cryptocurrency
DESI token is based on the Ethereum ERC-20 standard. A total of 803 million DESI tokens were issued, of which 51% are allocated for the sale. The crowdsale starts on August 20 and lasts until November 1. The project’s softcap is 3.5 million dollars, hardcap - $32 million. All tokens that will not be sold will be destroyed, the subsequent release of cryptocurrency is not planned.
Summary
Thus, DESICO will allow entrepreneurs to launch their own ICO without the need to create a new decentralized platform. Artificial intelligence will help to select optimal parameters for issuing cryptocurrency and will provide high speed of work, low costs and a decent level of security.
The development of the project started in 2015, and initially DESICO was focused on P2P lending. The project needs investments to start a program that generates startups for users: 35% of the collected funds will be used to develop DESICO product range, and 25% will be invested to finance the marketing campaign. By mid-2019, the creators will introduce a beta version of DESICO, and by the end of 2020 - the project will be launched in its full functionality.
Links:
Website: https://www.desico.io
WhitePaper: https://www.desico.io/docs/Whitepaper_240518_v2.pdf
Telegram: https://t.me/desicochat
Facebook: https://www.facebook.com/desico.io/
Twitter: https://twitter.com/desico_io
Medium: https://medium.com/@desico.io
ANN: https://bitcointalk.org/index.php?topic=4398505.20
Author: https://bitcointalk.org/index.php?action=profile;u=980049
ETH: 0x52031420541AE92622745A9417B11E73fb470BE9
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.