A review of Dacxi Coin — By Bitcoin Garden
There’s a company making big new waves in tokenization; it’s called Dacxi. Dacxi was founded in 2017. It’s a Crypto Wealth platform, crypto exchange, and world-class educational resource. And it’s spent the last few years working on revolutionizing the crowdfunding system as we know it. How is Dacxi doing that? With the Dacxi Chain, and Dacxi Coin.
The Dacxi Chain is tipped to be the first ever global tokenized equity crowdfunding system, and it’ll be powered by Dacxi Coin. Dacxi Coin is Dacxi’s native cryptocurrency, and it’s set to play an important role in the company’s future plans to turn crowdfunding into a trillion dollar sector.
Let’s find out more about Dacxi Coin.
Dacxi: Background
Headquartered in Singapore, Dacxi has built a team of more than 50 people, working across Brazil, Estonia, Australia, New Zealand, and UK and of course Singapore. With their largest customers bases in the UK and Australia, Dacxi’s presence is ever-growing all around the world — driven by their bold plans for global expansion.
Dacxi has pioneered Crypto Wealth; a new sector in crypto, which takes a long-term investment view. It aims to turn everyday people into ‘Crypto Wealth builders’, armed with the knowledge and education they need to seize the crypto opportunity and grow their future wealth for the long-term. A key part of Crypto Wealth is removing the intimidation and overwhelm from crypto, and making it more accessible to all — not just the highly tech-savvy. The company does this by making its exchange very user-friendly, and by creating Dacxi LEARN; their own bespoke educational platform, which houses a vast library of resources made to help people learn about crypto in their own way, and at their own pace.
Key details of Dacxi Coin (DACXI)
Dacxi Coins are Erc20 tokens. They’re pre-mined on the Ethereum network, and stored in the Dacxi Exchange in cold wallets (for added security). Dacxi Coin’s value is tied to demand, which will be driven by Dacxi’s rapid global growth.
NOTE: Dacxi Coin is not DAC Coin. DAC Coin is the code for Degen Ape Club and Davinci Coin. The two are often confused by reviewers, but they have no association with each other.
The use cases of Dacxi Coin
Dacxi Coin’s goals is to power the Dacxi Chain’s global tokenized crowdfunding system (more on this shortly). It also is used to drive the growth of Dacxi’s Crypto Wealth platform.
The primary goal will be achieved by Dacxi Coin’s use cases:
- Fast, smooth, easy, and reliable cross-border transfers of investments
- Payment of fees on the Dacxi Chain blockchain
- Transactions on the exchange for Dacxi’s global tokenized crowd-funding system.
Tokenized crowdfunding: Connecting entrepreneurs and investors
Dacxi believes crowdfunding should be a trillion dollar sector, but it’s worth just 1% of that today. This is because today’s crowdfunding system is broken. It’s failing to connect would-be investors with exciting investment opportunities. This means entrepreneurs are missing out on funding, and the world is missing out on their brilliant ideas.
Dacxi recognised this issue. So much so, in the Dacxi Coin lightpaper, they describe the lack of Early Stage funding as “the greatest impediment to unleashing the potential of the technology to change the world.” Seeing the vast potential of crowdfunding going untapped, the company started working on the revolutionary Dacxi Chain.
The Dacxi Chain will be the world’s first ever global tokenized crowdfunding platform. By creating tokenized versions of company shares, the Dacxi Chain uses blockchain technology to redefine the way crowdfunding works. Businesses will have easy access to a huge global network of investors. And investors will be able to connect with exciting projects all around the world, and invest in them — no matter who they are, or where they’re based.
Dacxi Coin’s role in the Dacxi Chain
As Dacxi’s native cryptocurrency, Dacxi Coin will play a key role in the operation of the Dacxi Chain:
- It will pay for blockchain fees
- It will be used for global transfers of investments
- It will be used for transactions on the exchange.
Simply put, the Dacxi Chain wouldn’t be possible without Dacxi Coin there to power it. This means there are big things ahead for Dacxi Coin — which you can read more about on the Dacxi Coin roadmap.
Dacxi Coin’s role in the wider Dacxi ecosystem
Along with its role powering the Dacxi Chain, Dacxi Coin also has several uses across the wider Dacxi ecosystem. These include:
1. Customer acquisition and incentives
2. E-commerce currency within the Dacxi community
3. Staff Incentives for the Dacxi team.
Purchasing Dacxi Coin
Dacxi Coin can be purchased on:
- Coinsbit
- Crex24
- HitBTC
- Bitforex
- And the Dacxi exchange, which is the simplest way to purchase Dacxi Coin.
Read the full article: https://bitcoingarden.org/a-review-of-dacxi-coin/
