DESICO ranks a stunning third overall in the ICO Race competition, one of the world’s biggest and most respected ICO events!

DESICO Chief Business Development Officer and co-founder Audrius Griškevičius (left) and DESICO CEO and co-founder Laimonas Noreika celebrate with the $100,000 USD prize won by DESICO at ICO Race 2018 (image: DESICO)

After making it through to the final round of the ICO Race competition in Lugano, Switzerland, DESICO has ranked an outstanding third from 160 applicants in this year’s edition of one the biggest and most prestigious ICO-funding competitions on the planet.

Life’s a pitch! CEO and co-founder Laimonas pitching DESICO to ICO Race’s expert judging panel (image: DESICO)

In addition to gaining recognition as one of the world’s most promising ICOs thanks to ICO Race’s strong global credibility, DESICO was rewarded $100,000 USD of the total $1m prize money, plus a $100,000 discount on services from ICO engine.

“To rank amongst the top-three finalists at ICO Race 2018 and be acknowledged as one of the world’s most influential ICO-funded startups is a huge step forward for DESICO,” said DESICO co-founder and CEO Laimonas Noreika. “This achievement underlines that security tokens are the next big megatrend in crypto, and the industry needs legally compliant security tokens. We will use the prize money we won wisely as part of our drive to turn security tokens into a mainstream asset class.”

Explaining the DESICO business model (image: DESICO)

DESICO was one of the 160 ICO-funded startups that applied to be part of ICO Race 2018, and one of the 20 selected to take part in the final. ICO Race was organised by ICO engine and FinLantern.

Following this latest step in transforming security tokens into a mainstream funding method of the future, we urge you to sign up to the DESICO telegram channel and the DESICO newsletter to ensure you do not miss out on any of the latest news and developments from the future of security tokens.