Digitex Futures (DGTX)ICO Digitex (DGTX) is a commission-free futures exchange with its own native cryptocurrency, the DGTX token. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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Technical details
DGTX is the protocol token that is the native currency of the Digitex Futures Exchange.
What is Digitex Futures
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.
DetailsPublic sales: Jan 15, 2018 - Feb 15, 2018Token supply: 1,000,000,000 DGTX Total tokens for sale: 700,000,000 DGTX Hard cap: 7,000,000 USD Raised: 5,200,000 USD LegalBlockchain Platform: EthereumCountry limitations: USA Registration country: Seychelles Office address: Seychelles International Business Company located at Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles BountyBounty: 5% | Token infoTicker: DGTXType: Utility-token Token standard: ERC-223 Token price in USD: 1 DGTX = 0.01 USD Accepted currencies: ETH, BTC, LTC, USD Bonus program: 20% - 1st week bonus Token distribution: 650M DGTX (65%) DGTX Token Sale 200M DGTX (20%) Digitex Market Makers 100M DGTX (10%) Team (current and future) 50M DGTX (5%) Referrals |