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Dacxi Review: Global Tokenized Crowdfunding

Bitcoinist

Bitcoin News / Bitcoinist 164 Views

Tokenization is the process of creating digital versions of physical assets, and it’s tipped to be the next big wave of crypto. Tokenization is changing the way we think about and purchase assets – and it’s making its way into a wide range of industries, including real estate, fine art, and equities.

Singapore-based Crypto Wealth company, Dacxi, is using tokenization to revolutionize one industry in particular; crowdfunding. How? With the Dacxi Chain; the world’s first global tokenized crowdfunding system, powered by Dacxi Coin.

In this review, we’ll take a closer look at the issues with crowdfunding today, and how Dacxi plans to solve them with the Dacxi Chain and Dacxi Coin. And finally, we’ll take a deep dive into the Dacxi platform itself.

The problem with crowdfunding today

The crowdfunding industry was meant to give regular people unprecedented access to Early Stage investment opportunities. In turn, it promised to give innovative businesses access to vital capital. In reality, crowdfunding hasn’t lived up to these promises.

Dacxi explains crowdfunding’s five fundamental flaws as:

  1. Lack of buzz
    Equity crowdfunding isn’t generating the excitement and attracting the attention it needs.
  2. Lack of confidence in deals
    Crowdfunding is highly ‘funder-centric’. It’s almost impossible for investors to do any due diligence, and involves a high level of blind trust.
  3. Weak deal flow
    There aren’t enough investment opportunities available to create the necessary buzz.
  4. Limited crowd reach
    Crowd sizes are restricted by geography and localization
  5. Poor liquidity
    It’s too difficult for investors to sell their shares.

Solving crowdfunding’s fundamental flaws with the Dacxi Chain

Dacxi identified tokenization’s potential to revolutionize crowdfunding as early as 2017. In the years since, the company has been hard at work pioneering a global tokenized crowdfunding system, known as the Dacxi Chain.

Built on blockchain technology, the Dacxi Chain allows for the creation of digital versions of company shares. These shares can be purchased quickly, easily, and globally, on a worldwide network of local Dacxi platforms.

The Dacxi Chain will allow for regulated deal origination, due diligence, promotion, investment, custody and liquidity. It will give entrepreneurs access to a massive global base of potential investors, and give investors access to previously unavailable investment opportunities.

Dacxi believes that tokenization has the potential to turn the crowdfunding industry into a $1trillion sector. Most importantly, it has the potential to unleash funding for thousands of remarkable ideas, concepts, and products that might otherwise have never gotten off the ground.

How Dacxi Coin will power the Dacxi Chain

Dacxi Coin is the native cryptocurrency of Dacxi, and it has an important role to play within the Dacxi Chain and the wider Dacxi ecosystem. Dacxi Coin will pay for blockchain fees on the Dacxi Chain, will allow the transfer of investments globally, and will be used for exchange transactions. Naturally, Dacxi has big plans for Dacxi Coin, which you can learn more about by reading the Dacxi Coin roadmap.

The Dacxi Platform: A deep dive

Dacxi describes itself as much more than an exchange. It’s a ‘Crypto Wealth Platform’. As the pioneer of Crypto Wealth, Dacxi is designed for people who see crypto as a long-term investment, rather than a short-term gamble.

Rather than catering to people with technical know-how and vast investment experience, Dacxi is bringing crypto to everyday people. Its user-friendly UX means it’s simple to learn, even for those who are new to crypto exchanges.

The platform’s customer support is robust, with Dacxi Genius experts offering clients one-to-one help. There are live group meetings to address client questions and needs, and support message response times are incredibly quick.

Dacxi has also created its own educational platform, called Dacxi LEARN. Dacxi LEARN is an in-depth resource, complete with courses, reports, insights, and more. It’s there to help everyday people and financial professionals learn about all things crypto, so they can invest with confidence.

Cryptocurrencies available on Dacxi

Dacxi offers a small catalogue of carefully selected coins. These coins meet Dacxi’s strict criteria, and are among the world’s highest-performing and highest-potential coins.

This pre-selection of coins means that Dacxi clients can be sure they’re investing in coins with solid use cases and proven potential – rather than unproven or speculative altcoins. Again, this makes Dacxi a great platform for those who are new to crypto, or those who lack the time and energy to conduct in-depth research into which coins to invest in.

Coins available on Dacxi’s exchange include:

Bitcoin (BTC)
Ethereum (ETH)
Chainlink (LINK)
Cardano (ADA)
Polygon (MATIC)
Litecoin (LTC)
Dacxi Coin (DACXI)
Dacxi Gold Token (DXGT)
Dacxi Silver Token (DXST)
Dacxi Platinum Token (DXPT)
Polkadot (DOT)
Avalanche (AVAX)
Solana (SOL)
Tether (USDT)
Bitcoin Cash (BCH)
Stellar (XLM)

Fees with Dacxi

Dacxi’s fees are simple to understand, transparent, and some of the lowest in the industry.

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Dacxi and security

Dacxi takes a number of measures to ensure its security is of the very highest standard. The company follows all relevant regulatory compliance requirements. A majority of assets on the Dacxi platform are protected by BITGO, which is one of the world’s leading crypto custody companies. Dacxi also uses Chainanalysis to make sure its platform is highly secure.

As an extra layer of protection, 2FA is mandatory for all log-ins. The platform also verifies the identities of every user, complying with KYC and AML laws.

Opening an account on Dacxi

Creating a Dacxi account takes just minutes for almost all users. And once their account and identity have been verified, users will be ready to purchase crypto immediately.

In summary…

As the company says, Dacxi really does appear to be much more than an exchange. The platform’s dedication to customer service, security, and long-term wealth-building make it a great choice for new and seasoned crypto investors alike.

As Dacxi continues to take major strides into the world of tokenization with the Dacxi Chain and Dacxi Coin, it’s clear that there are big things ahead for the Crypto Wealth company.

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