Dacxi doesn’t do NFTs. Here’s Why.
NFTs, or non-fungible tokens, have become increasingly popular lately and it seems like everyone is getting involved. Celebrities, sports clubs, universities you name it: they’ve all jumped on the NFT bandwagon.
But not Dacxi. Why do we limit the assets you can buy on our platform? Why don’t we list 500 coins and an ocean of ‘hot’ NFTs for you to choose from? That’s what other crypto businesses do, and they make a fortune! We’re different.
The reason is that listing speculative assets with questionable user ecosystems isn’t part of our business model. We didn’t offer NFTs because we thought they would be a bubble and, as it turned out, we were right. The attached graph of turnover on the biggest NFT platform OpenSea clearly shows that it’s a boom-bust market.
The reason Bitcoin and Ethereum’s prices have now hit a level that’s strongly supported is not because of hype, it’s because many people believe that the underlying value of these cryptocurrencies’ ecosystems is worth significantly more than their current price.
Dacxi is a wealth business that specializes in identifying the most promising companies and opportunities for investors, focusing on those with long-term investment potential, proven track records, and real growth potential.
Those assets fall into four categories.
1. Tokenized Commodities. Tokenization is simply the best way for the everyday investor to buy many types of commodities. Currently, we offer Precious Metals which can help provide asset protection in uncertain times. In the future we plan to offer other types of tokens.
2. Blue Chip Cryptos. Bitcoin, Ethereum, and Litecoin have the biggest cryptocurrency ecosystems. Their upside potential might be less than that of “growth” cryptocurrencies, but so is their risk.
3. Blue Ocean Cryptos. These coins represent the future. Their potential is great, but they still have to prove themselves before they can be considered ‘Blue Chip’.
4. Hyper-Growth Coins. Consider investing in these cryptos, which we think have big potential. They have the market, product, team and positioning to be worth a speculative investment. Currently, we think Dacxi Coin fits into this category.
We might not touch non-fungible tokens as an investment platform, but if it’s the best ideas for building long-term wealth you are looking for, then you have come to the right place.
If you’d like to learn more, book a no-obligation chat with one of our specialists here.