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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔴[ANN] DESICO - The world's first platform to issue and trade security tokens🔴 on: November 13, 2018, 05:22:47 PM
They state that they will buy back the tokens in no less than 5 years so what is the point to buy those tokens? I don't get it. The porpoise of a token is to use it as a real coin to buy assets. If in the futre they buy back those coins back I will have nothing to buy those assets in the future when the coin could reach it's fll potential in market value. They also reserve the right to not pay dividens if they don't want. something is mainly advertised on their website. 12.5% of any growth for token holders. I invest for my future but if they are going to buy it back then why should I put my money on it? What's the bennefit in having those "SECURITY TOKENS" that are not secure in the first place? They will make a platform to give framework to other ICOS with the same patern. I think it's very clever for them to take the money from the crowd. Make it work until they get an equal or superior margin of money and they just buy back everything and take all the "rights" of the token holders. I'm not making this up\1 It's written on their website in little letters in the "DESICO financial instrument" section at the end of the page of their website.  https://www.desico.io/en

"UAB DESICO may redeem the DESI Tokens: not earlier than 5 years from the date of payment and delivery of the Tokens (on or about November 25th, 2018). In case of redemption, the redemption price is equal to: 3 * last year audited revenue * 12.5% + nominal value of DESI tokens. Example: in 2028 audited annual revenue was 1000m EUR. In 2029 single token buyout price would be 3 * 1000,000,000 * 12.5% / 38,575,472 + 1 = 10.72 EUR
DESICO plans to issue similar DESI Token offerings within the next 2 years in order to attract EUR 37,552,454 in public and non-public offerings."

Any explanation could be of help

Visit their telegram group and ask https://t.me/desicochat
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