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Dacxi (DACXI) is the native utility token of the Dacxi Chain, a global crowdfunding ecosystem. It has five primary use cases: incentivizing lead acquisition and staff retention, facilitating low-cost global transactions, paying blockchain fees and node staking, enabling exchange transactions on tokenized secondary exchanges, and supporting community development. The token is not considered a security and is designed to streamline investment transfers and enhance liquidity in the early-stage investing space.
Dacxi Coin (DACXI) is the native cryptocurrency of the Dacxi Chain, a global tokenized crowdfunding network. It plays a crucial role in facilitating various functions within the ecosystem:
- Facilitating International Investment Transfers: Dacxi Coin enables the seamless movement of investments between partners in the Dacxi Chain network, allowing for high-speed, low-cost, and secure global transactions.
- Payment of Network Fees: DACXI is used to pay fees associated with transactions and other activities on the Dacxi Chain.
- Node Staking: The coin is utilized in the energy-efficient 'Proof of Stake' protocol for node staking, ensuring the security and integrity of the network.
- Global eCommerce Transactions: Dacxi Coin serves as a currency for global eCommerce transactions within the Dacxi Chain ecosystem.
- Tokenization of Company Shares: DACXI is involved in the tokenization process, allowing for the creation of digital versions of company shares, which can be traded and owned securely.
Overall, Dacxi Coin is designed to power the Dacxi Chain, connecting entrepreneurs and investors globally, and providing a robust and efficient infrastructure for equity crowdfunding.
To store Dacxi (DACXI) tokens, you will need a reliable and reputable crypto wallet that supports Dacxi. Here are the steps to follow:
Choose a Wallet: Select a wallet that supports Dacxi, such as Trust Wallet. Ensure the wallet is reputable and reliable to protect your tokens.
Download the Wallet App: Download the wallet application to your device.
Create an Account: Set up an account within the wallet by following the provided instructions.
Locate Dacxi: Look for Dacxi in the list of available tokens within the wallet. If it appears, select it to generate your Dacxi receiving address.
Store Your Tokens: Once you have your receiving address, you can store your Dacxi tokens securely in your wallet.
Remember to always follow best practices for securing your wallet and protecting your tokens from unauthorized access.
To buy Dacxi (DACXI) tokens, you can follow these steps:
Buying via a Centralized ExchangeChoose a Reliable Exchange: Select a trustworthy and user-friendly centralized exchange (CEX) that supports Dacxi (DACXI) purchases. Consider factors such as ease of use, fee structure, and supported payment methods.
Create an Account: Enter the required information and set a secure password. Enable two-factor authentication (2FA) and other security settings to add an extra layer of security to your account.
Verify Your Identity: Complete Know Your Customer (KYC) verification, which may require varying information based on your nationality and region. This step is crucial for accessing more features and services on the platform.
Add a Payment Method: Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment method. The required information may vary depending on your bank's security requirements.
Buy Dacxi (DACXI): You can now buy Dacxi (DACXI) using fiat currency if supported. Alternatively, you can first purchase a popular cryptocurrency like USDT and then exchange it for Dacxi (DACXI).
Choose a Wallet: Select a reliable and reputable crypto wallet that supports Dacxi (DACXI). Ensure the wallet is compatible with your device and has a user-friendly interface.
Download and Set Up the Wallet: Download the wallet application from the Google Play Store, App Store, or as a browser extension. Create a new wallet address or import an existing one, making sure to write down the seed phrase and keep it secure.
Buy Dacxi (DACXI): Purchase Dacxi (DACXI) directly using a supported payment method. If the wallet does not support direct fiat-to-DACXI purchases, you can first buy a more popular cryptocurrency like USDT and then exchange it for Dacxi (DACXI) through the wallet or on a decentralized exchange.
- Atomic Wallet: You can also buy Dacxi (DACXI) instantly using a credit or debit card through Atomic Wallet, which offers low fees and fast transactions.
- Wealth99: Wealth99 provides a secure platform to buy, sell, send, receive, and store Dacxi Coin, ensuring safety and security through measures like cold storage, insurance, and two-factor authentication.
Remember to carefully review the fees and terms of each option before making a purchase.
The history of Dacxi (DACXI) began in 2017 when the Dacxi Chain was founded. The Dacxi Chain is a global technology company headquartered in Singapore, aiming to revolutionize the crowdfunding industry through blockchain technology. The Dacxi Coin, the native cryptocurrency of the Dacxi Chain, was launched through an Initial Coin Offering (ICO) in 2018. Since then, it has been actively used to support the growth of the Dacxi Wealth business as an incentive and utility token.
The Dacxi Chain is designed to create a global ecosystem that links local crowdfunding platforms, allowing deals to gain global scale and retail investors worldwide to access these deals. The Dacxi Coin is the primary currency used for transactions within this ecosystem, facilitating international investments and blockchain operations. It is based on the ERC20 protocol and utilizes the Ethereum blockchain, with plans to migrate to the new Dacxi Blockchain by 2025.
The Dacxi Chain has been under development since 2017 and was set to launch in early 2023. The project aims to democratize early-stage funding by tokenizing equity ownership, making it accessible to a global pool of investors. The Dacxi Coin is available for purchase on various exchanges, including ConsBit, HitBTC, BitForex, and Uniswap.
Dacxi Coin is a utility token designed to power the Dacxi Chain, a global equity crowdfunding network. Here's how it works:
Dacxi Chain OverviewThe Dacxi Chain is a blockchain-based ecosystem that connects licensed crowdfunding platforms worldwide, creating a unified network for entrepreneurs and investors. It aims to solve the scalability issue in traditional crowdfunding by leveraging blockchain technology to facilitate seamless transactions and tokenized equity ownership.
Three-Layered Tech StackThe Dacxi Chain operates on a three-layered tech stack:
- Application Layer: A non-blockchain system responsible for launching investment opportunities and sharing deal information.
- Transaction Layer: The 'crypto layer' responsible for tokenizing company shares and making payments in Dacxi Coin.
- Blockchain Layer: Records ownership of tokenized shares, processes transactions, and handles other core ecosystem functions.
The Dacxi Chain utilizes several blockchain features to overcome traditional crowdfunding limitations:
- Trustless transactions: Conducted through smart contracts.
- Tokenization of equity ownership: Secure digital ownership of shares.
- International investor verification: KYC verification for global investors.
- Cryptocurrency-based international payment solution: Fast and secure global payments.
- Trustless transaction solutions: Secure and reliable transactions.
- Trustless share registry solutions: Accurate and transparent ownership records.
- Network of tokenized secondary exchanges: Smooth trading of assets on secondary markets.
Dacxi Coin is an ERC20 token built on the Ethereum blockchain, using a proof-of-stake (POS) validation mechanism. It is designed to facilitate seamless transactions within the Dacxi Chain network, enabling the movement of investments between partners.
Functionality- Global Payment Solution: Dacxi Coin allows for high-speed, low-cost, and secure global payments, eliminating the need for multiple currency conversions.
- Tokenized Equity Ownership: Dacxi Coin enables the tokenization of company shares, making it easier for investors to participate in global investment opportunities.
- Scalability: The Dacxi Chain and Dacxi Coin are designed to handle thousands of investment opportunities, millions of investors, and hundreds of countries, languages, and currencies.
- Global Accessibility: Dacxi Chain and Dacxi Coin provide entrepreneurs with access to a global pool of investors, and investors with opportunities to invest in high-growth companies worldwide.
- Transparency and Trust: The blockchain-based ecosystem ensures transparency, trust, and security in all transactions and ownership records.
- Scalability and Interconnectivity: The network effect of the Dacxi Chain amplifies the value and reach of equity crowdfunding, making it more accessible and inclusive.
In summary, Dacxi Coin is a utility token that powers the Dacxi Chain, a global equity crowdfunding network. It facilitates seamless transactions, tokenized equity ownership, and trustless transactions, making it an essential component of the Dacxi ecosystem.
The token Dacxi (DACXI) has several strengths that contribute to its potential success:
Global Equity Crowdfunding Network: Dacxi Chain is the first global equity crowdfunding network, which means it can connect entrepreneurs and investors worldwide, providing a massive source of funding for innovative companies.
Blockchain Features: The Dacxi Chain utilizes blockchain technology to facilitate trustless transactions, tokenization of equity ownership, international investor verification, and other critical functions. These features enhance the security and efficiency of the platform.
Three-Layered Tech Stack: The Dacxi Chain's unique three-layered tech stack allows it to process thousands of investment opportunities, millions of investors, and hundreds of countries, languages, and currencies. This scalability is crucial for a global ecosystem.
Native Cryptocurrency: Dacxi Coin is the native cryptocurrency of the Dacxi Chain, powering all local and global payment transfers, blockchain fees, node staking, and more. This ensures seamless transactions within the ecosystem.
Strategic Listings: Dacxi Coin is listed on several Tier Two exchanges, including P2B, HitBTC, BitForex, and Coinsbit, which provides significant trading volume and liquidity. The goal is to achieve a Tier One listing, which would further boost its credibility and trading volume.
Strong Media Presence: Dacxi Chain has a strong media presence with over 100,000 followers on its social platforms, which helps maintain market interest and credibility.
- Focus on Trading Volume: Dacxi's strategy centers on increasing trading volumes, which is critical for liquidity and stable prices. This approach positions the coin for success in the next Bull Run.
These strengths collectively contribute to Dacxi's potential to democratize early-stage funding and open up new opportunities for entrepreneurs and investors alike.
Dacxi, a cryptocurrency project, faces several financial risks that investors should be aware of. These risks include:
- Market Risk: The market for tokens and crypto assets is unregulated, fluid, and immature. This can lead to large and dramatic fluctuations in currency and token values, making it difficult to predict market movements.
- Currency and Token Volatility: The values of tokens and coins are subject to significant and unpredictable changes. There is no guarantee that values will remain stable, increase, or decrease over time.
- Business Risks: Dacxi is an early-stage company that has developed intellectual property for global exchanges, tokenization, and blockchain technology. A significant risk is whether Dacxi can further develop and commercialize its ecosystem. Failure to do so would have a substantial adverse impact on its business model, operating performance, and financial position.
- Price Risk: Cryptocurrency prices are highly volatile and can increase or decrease by over 100% in a single day, leading to potential huge profits or losses.
- Counter-Party Risk: Some exchanges and lending organizations offer returns by lending assets to others, which can pose significant counter-party risks. Dacxi has avoided such risks by not offering earn programs and not using its token as collateral.
These financial risks highlight the importance of thorough due diligence and careful consideration before investing in Dacxi or any other cryptocurrency project.
- Ian Lowe: CEO & Executive Director, a veteran innovator and business growth strategist with over 25 years of experience in spearheading global technology companies.
- Craig Smith-Gander: Non-Executive Chairman, an adept investment banker known for his acumen in raising capital for early-stage companies and guiding them to ASX listings.
- Fernando Pacheco: Chief Product Officer, involved in the development of the Dacxi Chain ecosystem and its technical features.
- Andy Pickering: Host of the "Unleashed" podcast series, an acclaimed crypto expert exploring the potential of tokenization.
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