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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

The Legendary Mayor of Vilnius Arturas Zuokas Advises TokenDesk

News BTC
News BTC
Last Updated: October 7, 2020 11:28 am
3 mins read
tokendesk, arturas zoukas

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Arturas Zuokas – the former mayor of Vilnius will be consulting London based blockchain technology firm TokenDesk, as the business works towards the development of the biggest global ICO platform.

The main direction of the business is the development of the biggest global ICO platform.

Prominent founders

The founders of TokenDesk aren’t new players in the market. Gintaras Tamosiunas — the CEO, is a former member of the Parliament of Lithuania. He and Tadas Rimdzius co-founded bilietai.lt – the biggest ticketing platform in Lithuania. The team will also be assisted by Aleksandr Kasinskij, a director and a member of the board of Belorussian “kvitky.by”. The leader of the biggest Baltic ticketing holding – Jaanus Beilmann has joined the board to contribute with his knowledge and experience.

TokenDesk is developing the biggest global initial coin offering platform. Current market solutions cannot ensure fully smooth ICO processes, reliability, and legitimacy.

“Every day there are over 10 mln. Eur of cryptocurrencies being issued in global markets. Central banks are actively looking forward to establishing market regulations. We believe it will increase interest in Bitcoin, Ethereum and other major cryptocurrencies.” – states Tadas Rimdzius, a co-founder of TokenDesk.

Tokens worth over EUR 1 mln reserved in one day

Over the first day of TDS token pre-sale reservation, over 1000 investors reserved tokens worth more than EUR 1 mln. Up until 6th of October when the initial pre-sale finishes, TokenDesk plans to attract over EUR 4 mln in investments.

Next year, TokenDesk platform will issue more than 150 ICOs and attract over EUR 288 mln in investments for their publishers. The global ICO market is on a phenomenal rise. 2016 was a good year with over EUR 200 mln worth of investments, however, this year it is going to exceed EUR 3 billion.

New adviser – former mayor of Vilnius

Arturas Zuokas has been a mayor of Vilnius for 3 consecutive terms of office. He will be contributing to TokenDesk in order to help raise the capital over ICO.

“In my vision, blockchain is the technology which could surely be adapted by the municipality of Vilnius to make processes more effective. It is the technology of the future but we need to be integrated now and be a part of blockchain revolution.

Estonia already has an e-citizenship program and utilizes it successfully. China is preparing its own blockchain based tax collection platform. Dubai plans to digitize as many documents as possible transferring them to blockchain solutions. Invoices, accounting data, contracts and other too. There are more of such examples.” – said Arturas Zuokas.

He added, “The main reason why I decided to join TokenDesk is simple – I believe in this blooming technology. I think it will bring us great amount of progress and better ways of performing certain tasks.” 

Future plans and strategy

In order to maintain TDS token’s liquidity and increase value, they will be traded in major cryptocurrency exchanges – Kraken, Bitfinex, Bittrex, and others.

TokenDesk aims to attract 100.000 Ethereum cryptocoins which is worth around EUR 24.6 mln according to the recent exchange rate.

The upcoming crowdsale will be one of the biggest ICOs in Lithuanian history.

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