Digitex ICO

Commission-free futures exchange

Digitex is a commission-free futures exchange with its own native cryptocurrency, the DGTX token, in which all account balances are denominated. Traders speculate on the price of BTC, ETH and LTC against the US dollar, but their trading profits and losses are paid out in DGTX tokens.

3.6 out of 5

3.6

Digitex ICO rating
Digitex coin (token) sale
Status
Ended
ICO start date:
2018-01-15
ICO end date:
2018-02-15
Token
DGTX
Price
Platform
Ethereum
Accepting
ETH
Soft cap
Undefined
Hard cap
7M USD
ICO country
Seychelles

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About Digitex ICO

The Digitex Futures Exchange is a revolutionary new futures exchange model that mints its own native cryptocurrency to replace the need for transaction fees on trades. Commission-free trading will create highly liquid futures markets by attracting high volume, short term traders whose trading strategies are not viable on other exchanges due to commissions. As cryptocurrency prices rise, percentage based transaction fees on other exchanges will also rise, further increasing the appeal of a commission-free futures exchange.

Commission-free markets create demand for DGTX tokens which more than offsets the inflationary cost of creating that demand.

Traders on Digitex can participate in liquid, commission-free markets without needing to trust the exchange with custody of their funds, further differentiating the exchange from the traditional exchanges that require traders to relinquish full control of their account balances to a central third party that can potentially freeze/mismanage/lose those funds.

Through Decentralized Governance by Blockchain (DGBB), new token issuance for the purpose of revenue generation is run democratically by DGTX token owners.

Highly liquid, commission-free futures markets on a stable, fast and trustless trading platform, during a period of exponential growth in cryptocurrency trading, will attract a large number of traders, creating huge demand for DGTX tokens. As the price of DGTX tokens increases the exchange must create fewer tokens to cover costs, thereby reducing the inflationary cost of creating new tokens.

Digitex Team

Adam Todd

Founder & CEO

Mickael Salabi

CFO

Lee Mayne

Web & UI

Yuri Hideaki

Ethereum Developer

Plataformatec

Software Engineering


Digitex Roadmap

Q4 2019

- Herophilus Release

Financial

Digitex token info

Token DGTX
Platform Ethereum

Coin price Undefined

Investment info

Accepting ETH
Equity on offer Undefined

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