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Author Topic: Next Generation Exchange Model for Digital Assets and Commodities  (Read 3691 times)

Offline Kryptarion

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Only recently, the crypto market witnessed rally upward. The little market surge has offered relief and hope as the yet longest bear market has crushed most cryptocurrencies.


The crypto market saw a bull-run that soared it to record heights in 2017. That bull run was a result of massive influx of early adopters who had realized the huge potential of blockchain technology. Currently, the penetration of cryptocurrencies have been saturated through early adopters and there's now a need for fresh interest and fresh fiat.

Despite the volatility of the crypto market, the opportunities that it offers are huge and very tempting. However, the cryptocurrency market is still heavily unregulated and remains very unfriendly for the average person. Majority of the world's population often engage in investments casually and mostly require and prefer a level of guidance — a feature that is very rare presently in the crypto market.



A group of visionary and innovative cryptocurrency experts are working to change this by developing a Digital Asset and Commodity exchange (DACX). DACX will integrate the features of both cryptocurrency and digital assets in order target the peculiar aspects of the exchanges that make it too challenging and undesirable for the average individual. DACX is a multipurpose and multi-layered hybrid exchange that makes the trading of all digital assets possible in one platform.

Convenience, Security & Guidance

• Security

The general media often tends to highlight the weaknesses in the cryptocurrency market. Small exchanges and trading platforms that get compromised through hack attacks have contributed immensely in discouraging adoption by the average person. Although the damage that was done cant be reversed, DACX is developing a multi-layered digital exchange which offers safety measures that will win the interest of the general market. All the fund and assets of the users on the platform will be secured through a cold wallet with additional level of security. The result of this is a higher degree of protection against theft and attacks. This will encourage persons who have interest in the crypto market and have other digital assets but are afraid to lose assets to hacks will be willing to trade more.

While cryptographic market is seeing more adoption, exchanges are embracing more secured protocols and algorithms aimed at attaining a required level of security for the properties of their users. Also these exchanges are moving towards legalization and incorporation with different regulations and derivatives. DACX is building a premium product that is cored on solving the security dilemma faced by cryptocurrency traders. The company operates under regulation as it is registered venture in the UK



• Convenience

Security of funds and user assets isn't the only hindrance to mass adoption of cryptocurrency and digital assets. Huge number of existing crypto exchanges offers a very crude trading experience compared to what traditional e-brokerage platforms offered for stock trading. A newbie crypto trader would need to go through great leaps. He will have to convert fiat currency to ETH or BTC on a fiat exchange, after which the coins must be trasferred to a prominent exchange platform to gain access to a larger menu of tokens. The long process is only necessary to get fiat ready for trading against a cryptocurrency. This is way too much inconvenience to attract casual traders and investors who happen to be the major number of the population. Hence, DACX is integrating both fiat and crypto pairs in one platform. The days of having to hop between different exchanges to trade are over.

• Service

While many businesses and financial enterprises have adopted customer-centric operations, cryptocurrency exchanges have become increasingly raw in comparison.

Most major exchanges take their customers with levity. And as the crypto community adjusted to a lack of customer support and convenience, most exchanges do not have a framework on customer satisfaction. However, DACX is cored on building brand loyalty and wants to offer a more consumer oriented exchange services by valuing customer support. DACX currently support more than five (5) international languages, hand have their whitepaper prepared in those languages. The exchange plans to allow the community and DACX token holders to have a say in the direction of the platform. Holding a DACX token will allow the community to decide upon which new cryptocurrencies should be added to DACX exchange foundry. This shift to offering a more customer oriented environment will allow new members to feel welcomed.

DACX IEO Foundry
Initial Coin Offerings (ICOs) have become a very prominent means for companies to raise money to develop their ideas and also for investors to invest in cryptocurrencies. But the level of risk that accompanies them goes beyond the ROI (Return On Investment) or speculative nature of seed investments. Far too many projects that staged ICOs in 2018 have turned out to be scams. This has generated negative reputation for investments in cryptocurrencies and pushed away a mass scale interest.

DACX exchange will allow the listing of good tokens by the community. The goal of the is to ensure that only vetted and genuine projects are able to list tokens on the DACX IEO foundry; DACX will serve as a trusted channel for crypto traders and investors. The projects listed for IEO on DACX foundry will be thoroughly audited.

DACX And The Market



DACX is particularly targeting mass adoption by developing an hybrid (digital commodities and cryptocurrency) community-based cryptocurrency exchange. The DACX team understand that the best way to motivate people to trade cryptocurrencies is to create a platform that truly reward the users. This will engage a large number of the community to contribute to the growth of the platform.

Project Strength

DACX multi-layered exchange is unique as the project does not plan to compete against the existing trading platforms; instead, the project will work in harmony with the existing market. However, the strategic deployment of DACX is very different from even major cryptocurrency exchanges. Another strength of DACX exchange is that the company prides itself of a very competent and dedicated team — persons with many years of experience who have worked on many successful and innovative projects

DACX Token
Digital Assets and commodity exchange has developed DACX token as the native currency for the exchange. The token will be utilised for all the activities on the platform. DACX tokens gives it holders massive benefits which ranges from constant incentive and loyalty rewards to huge trading and withdrawal discounts. DACX token also makes its holder a practical shareholder in the DACX company.

Wrap Up
The cryptocurrency market can witness another bull-run if the market can attract fresh interest from the community. The current crypto trading and investment experience offered by existing exchanges is too unfriendly for traders, however, DACX is building a multipurpose hybrid exchange with the most customer focused features to attract fresh wave of interest from the crypto community.



DACX IEO is live on their foundry. Participate now and be part of the people that bring back the bull season!


WEBSITE | WHITEPAPER | MEDIUM | TELEGRAM | TWITTER | FACEBOOK


Bitcointalk username: CRYPTICYASU
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