Meet the Dacxi Chain tokenized crowdfunding network
Cryptocurrencies are no longer just a niche product fragmented into a distant industry popular among cyberpunks and tech aficionados. They have become mainstream.
Bitcoin famously surged above $69,000 mainly due to its explosion in prices during the 2021 bull market, cementing its place in the world of fintech.
However, now more than ever, the industry needs to prove its mettle and separate investment opportunities from speculation. At a time when regulators are turning their eyes to cryptocurrencies, the space is in need of a clear solution that allows retail (and institutional) investors to clearly differentiate.
Dacxi Chain brings forth the first global tokenized crowdfunding ecosystem designed to do so.
It creates a global pool of investors and connects them with visionary business people who need funding to take their innovative products and services to the next level. Dacxi Chain uses blockchain tokenization technology to create digital versions of the company’s shares, making the process quick, seamless, cost-efficient, and — importantly — truly global. It is powered by its own native cryptocurrency, Dacxi Coin.
What problems does crowdfunding face today?
Crowdfunding was a strong concept with great promise. But it never quite reached the wild heights it was aiming for. It was never seen as a legitimate way for investors to get money and for entrepreneurs to get money. Broadly speaking, it was an issue of scale. The current crowdfunding system has long been restricted by geography, with local investors only being able to invest in local businesses. This left fewer options and less money for innovators to fight for.
Another issue is due diligence or lack thereof. Yet another is low liquidity, in which investments are often trapped within a business until its founders decide to either sell the company or go public. This can take up to seven years, which is a volatile time frame for many investors.
The Dacxi chain addresses these issues and more — adding worldwide scale, verification and due diligence, and high liquidity to the crowdfunding equation.
How Dacxi Series Works
Building the Dacxi series has not been an easy feat. Development has been in progress since 2017, and over the years, the team has innovated many new technological processes necessary to build a global ecosystem of blockchain-based investment platforms. Their state-of-the-art solution is based on a three-tier technology stack.
- The application layer includes non-blockchain systems where crowdfunding investment opportunities are launched. It is a seamless and efficient system capable of handling thousands of global deals annually.
- The transaction layer is where investments are created and managed on the Dacxi chain. Systems here include tokenization of crowdfunding deals, securing equity backing, creating smart contracts, allowing token-money exchange, managing secondary trading, and enabling worldwide crypto payments in local currencies.
- The Blockchain layer is the layer that looks at the processing of ownership of equity tokens, crypto-currencies, transactions, etc.
The initial development phase (application and transaction layers) of the Dacxi Chain will be built on a common Layer 1 blockchain, using a payment infrastructure enabled by US stablecoins.
The Dacxi Chain developer team describes scaling the ecosystem as the most difficult development phase. However, after spending years advancing the technology, he now believes he has built a system capable of handling thousands of deals and millions of transactions from every region, currency, and language around the world.
How Dacxi Chain Uses Blockchain Technology
Dacxi Chain is built on several features of blockchain technology, including:
- Trustworthy Equity Custody
- tokenization of equity ownership
- international investors' [KYC] verification
- Cryptocurrency-based international payment solution
- Trusted Transaction Solutions
- Trusted Share Registry Solution
- network of tokenized secondary exchanges
How Dacxi Chain Uses Dacxi Coin (DACXI)
Dacxi Coin is the parent cryptocurrency of the Dacxi Chain, and it plays a vital role in its operation. Dacxi Coin is a utility token. Its main use is to facilitate efficient and low-cost global investment transfers. Additionally, Dacxi Chain tokenizes equity as the currency used within stock exchanges, it enables investors to buy and sell shares, pay fees on the Dacxi Chain blockchain, and enable staking for blockchain writer nodes. pays for.
The Dacxi Chain: Final Thoughts
When it comes to delivering on its promise to uncover the true potential of equity crowdfunding, Dacxi Chain appears to have all the elements of success. The technology is good and strong, and the company’s leadership team has extensive experience growing global businesses.
This article was originally published by https://cryptosaurus.tech/
