Show Posts
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
"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
I'm sort of confused by your statement. It could be me, but if I understand correctly, your assuming that in 5 years they may buy back your tokens for what you paid? I think that could be the problem. What they are saying is that they reserve the right to buy back the tokens from token holders (only those willing to sell as you own them) at the current value at that time, plus 12.5% per year, plus the 3 year audited revenue. So you could have a token you buy today for 1 Euro that down the road is worth 10.72 Euros each! So more than a 10x increase in value per token. That to me says it is a great investment and a wonderful asset. In no scenario are they saying they will buy them back at today's prices. They just cannot predict the future growth so they do not know exactly what they will be worth. But, they expect the value to increase along with revenue and the 12.5% revenue sharing. It's similar to a stock buyback from a company, plus they are going to add to its value above and beyond what it is worth that day. You can't lose!
Thanks. That makes more sense if correct. And what about the "We reserve the right to not pay dividens" stated on their Agreement? That's not security at all in my opinion... For that matter there are other instruments that are more secure in the same regulated established and fully legal compliant markets. such as stocks
