Desico, the company that won the second place during the ICO Race event held in Lugano in June, announced that the experienced entrepreneur Marc Bernegger joined its team for the ICO.
Bernegger explained: “Desico is lowering the entry barrier for businesses looking to crowdfund, without needing to spend millions of dollars to conduct an official IPO. It takes the exuberance of the ICO market, and matches it with regulation and backing”.
Desico provides an opportunity for entrepreneurs to raise official funds, giving investors official involvement in return, without needing excessive capital to do so. “Desico is the world’s first platform to issue and trade security tokens in full compliance with the law”.
Desico is a platform that plans to issue and trade security token in full compliance with the law, as it is based in the Republic of Lithuania, which allows ICOs to issue security tokens to raise capital. Using DESICO, ICOs will have the chance to oversee their funds in the form of crypto fiat currencies.
Security tokens have been the topic of significant discussion this year, and they are mentioned as the new frontier for the crypto space.
Desico CEO and co-founder Laimonas Noreika said in an interview, that “Desico is available to retail investors. More and more solutions in the market tend to leave retail investors behind, as it’s easier to focus on institutional investments. At Desico, we believe that people who created a whole new financial market (ICO and Crypto market), should be the ones playing a major role in further development.”
