Preface
The digital space has grown to be so wide, having users trooping in billions spending minutes seconds and hours to amass and explore the ecosystem in one way or the other as well as satisfying their demands both to the best interest of humanity and to a users personal interest. These go's to show case the endless possibilities of the digital space.
On the quest to further improve and broaden the digital space, a lot of bright minds are always up working,
trying to come up with new innovations and amongst them are, Vitalik Buterin who introduced the eutherium blockchain and satoshi Nakamato who in 2008 came up with an electronic peer to peer cash system and since their launch, other bright minds then try to build and improve on those ideas so as to bring the service available and more user friendly.
The users
The users are the most important angle of the blockchain ecosystem the range from the traders to the investors and there are as well the primary target of this system and without their participation this whole effort would be in vain .
In this publication, what drags my attention, is the quality of service rendered to the users.
A lot of this service providing platforms turn out to be exploiting this users ;
source
where the users are made to spend so much on a particular service and at most times the don't get value for their money i.e the provider may bend from their terms of service.
This ill expirence has diverted the interest of users on the crypto currency technology and as well retarding the exponential growth of the technology
Good news, I bring to you all crypto lovers a platform who's soul aim is not to exploit it's users but rather provide them with an optimal service.
Digitex future exchange
in a nut shell could be seen as "commission free future exchange on the blockchain "
Digitex future exchange is a platform based on eutherium where all the transaction fees are being covered while a user only has to pay for an insurance which is equally very minimal
, Infact to be specific, there are no additional or extravagant billing on any transaction made on the platform.
Let's take a little uses case
John is a trader who trades with digital currencies (the crypto currency)
And his just a starter ofvthe system and bearly has enough to fund his trading, he still then has to pay alot in performing a transaction due to this he hasn't been able to meet up with demands as a trader, having to perform so much transaction and also getting to spend exorbitantly for them drags them to the loosing side
Let's talk Digitex
Am pretty sure that a curious reader will be wondering, thinking;
in this case were there are no transaction fees,
How does this platform as an organization still stay functional without these funding,
Who makes the decisions
Who takes care of Maintenance
How Sure are on investing on this platform
For the sake of this publication I will give a full brief on how it works and many more
The initiation of ERC-223 compatible protocol token compatible protocol token based on eutherium blockchain called the DGTX token and it's used as Digitex Futures exchange native currency
- functioning without funds;
With the aid of the DGTX tokens, the DGTX owners will act in their own collective self interest moving Digitex forward as a dynamic organizations capable of adapting quickly to changing condition,
the token holders will submit proposal with regards to how many new DGTX token should be issued to cover the active operational cost of running the future exchange thus there are their own decisions makers.
yes it's real
In just short term of initialization the world has whole heartedly embrace the Digitex future platforms both traders and token holders are getting to see the value of DGTX as a utility and an investment .
The DGTX token is gaining in value and according to coinmarketcaps chart to be the 3rd biggest gainers with a percentage jump of 272.63% and has already been seen to be partnering with so many exchange of high repute, this turn to prove its legibility and it's fast growing viral.
the future
It's road map tell that Digitex anticipate the creation of new DGTX tokens around the start of 2021 and it will also be able to take care if the cost of operations which includes;
- Software development and management
- Servers
- Staffs welfare
- Premises
- Marketing
- Support and unplanned for upcoming .
Based on the inflow of users, that will be archived at that time the current users will be able to vote for how many token to be created based in the lined out cost and this votes will also be done fair and square using a decentralized governance by blockchain they will collectively decide how to run DGTX tokens owner because the exchange creates demands fit the DGTX token and gives the token it's utility and value
Token distribution and supply
While the intitial sale ,1 billion of DGTX token will be made available, i.e 1000m total supply
(650M) 65% of the tokens will be let loose and made available to the public
(200M) 20% of then goes to the makers of the Digitex market
(100M) 10% of the token will be given to the team and advisor
(50M) 5% for referrals
But practically only 80% of the total supply will be made in circulation
It is speculates that the greater the demand for DGTX token by traders on the Digitex future exchange the higher the price of DGTX will go.
Digitex being decentralized
It would interest you to know that Digitex
does not hold hostage private keys belonging to account of it's users, past records revealed that other platforms who operates a centralized system recorded a lot of asset mismanagement, harks etc
With futures, Digitex cannot mess around with funds belonging to the traders
futures
Future play a very critical role in stabilizing naturally volatile market, covering commodities and cryptocurrencies .
DGTX had a very bright future with future making it a self sustaining and growing economy and looking on the bright side, free trade will attract i.e bring in more users and in turn making its wide adoption more rapids already, Digitex is already competing favourably with other exchange platforms of high repute
Summary
Futures market endoweds the with an opportunity to trade prices without the high cost and risk of transferring storing and pay so much for an instrument they are actually trading but despite the low cost transaction fees most time traders can still have to suffer little business low turn out but this is managed with the use of DGTX
Below are the key elements of the DGTX tokens
This is my video presentation ,I call it
think Digitex
I bet that from the little hint just triggered an instinct of yearning to explore this amazing offer... If there is a need for more detailed and specific information ,my references below will be a good help but before then you can also watch this video on Digitex
Reference
Digitex Website
Digitex WhitePaper
Digitex Blog
Digitex Telegram
Digitex Reddit
Digitex Facebook
Digitex Twitter
Digitex YouTube
Here is my twitter link https://mobile.twitter.com/eddyblesseton/status/1042008505853648896
This is my submission for @originalworks sponsored writing contest for participation click on this link below
https://steemit.com/crypto/@originalworks/1250-steem-sponsored-writing-contest-digitex
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