What is Dacxi (DXI)? The Tokenized Crowdfunding Network 

Crowdfunding has become a primary way for entrepreneurs and business owners to raise cash from investors to finance their activities. Depending on the type of funding process, these investors often receive a stake in the business. However, a bottleneck challenge exists: geographical location. Many investors who wish to participate in a funding round cannot do so because they live where such services are unavailable. This limits the growth potential of the funds that business owners may expect.

Dacxi emerges to fix these challenges. Launched in 2017, the blockchain protocol provides a global tokenized crowdfunding system that allows the public to access digital versions of company shares wherever they are.

Let’s explore the details of this blockchain-powered crowdfunding project, how it solves the crowdfunding challenges and other ecosystem benefits it has.

What is the Dacxi Chain?

Dacxi Chain is an Ethereum layer-2 scaling solution that brews the Dacxi project. This Web3 project is designed to significantly improve the scaling challenges local crowdfunding companies face worldwide. The platform aims to achieve this by eliminating the barriers to cross-border investment and connecting the world’s numerous crowdfunding platforms into a united global network.

Built on blockchain technology, the Dacxi Chain allows for creating digital versions of company shares. Anyone anywhere can easily buy and sell these shares on a worldwide network of local Dacxi platforms.

Dacxi Chain combines tokenization and blockchain technology to create a platform for global investors. This gives entrepreneurs access to a massive global base of potential investors for their latest and greatest ideas. Investors, in turn, will gain access to various investment opportunities.

By harnessing blockchain technology and tokenization, Dacxi Chain aims to drive exponential growth, creating a seamless and scalable ecosystem for crowdfunding. It was also designed to generate billions of blockchain transactions and support tens of thousands of deals annually.

The platform believes that tokenization has the potential to connect entrepreneurs and investors globally, unleashing funding for remarkable ideas, concepts, and products that might prove difficult with traditional finance. To achieve this, the project noted that it allows regulated deal origination, due diligence, promotion, investment, custody, and liquidity, thereby unlocking a trillion-dollar market opportunity.

Concerning tackling some obstacles that traditional crowdfunding has failed to solve, Dacxi Chain Chain relies on the unique features of blockchain technology to enable:

• Trustless transactions through the use of smart contracts
• Trustless equity custody
• Tokenization of equity ownership
• International investor (KYC) verification
• Cryptocurrency-based international payment solution
• Trustless transaction solutions
• Trustless share registry solutions
• Network of Tokenized Secondary Exchanges

What is Dacxi Coin (DXI)?

Dacxi Coin (DXI) is the native cryptocurrency of the Dacxi Chain. As an ERC20 token, it is built on the Ethereum blockchain, which uses the Proof-of-Stake (PoS) consensus mechanism.

The crypto token has a circulation supply of 10 billion tokens, a market cap of over $30.7 million, and a daily trading volume above $542,000.

As the backbone of the ecosystem, the token is designed to power the project, connect entrepreneurs and investors globally, and provide a robust and efficient infrastructure for equity crowdfunding. Let’s examine some of its use cases:

Dacxi Coin’s Use Cases

Dacxi Coin plays a crucial role in facilitating various functions within the platform, including:

1. Transactions

Dacxi Coin is the transactional currency for local and international investment transfers between platforms within the Dacxi chain network. It enables high-speed, low-cost, and secure global transactions.

2. Node Staking

The token is used in the energy-efficient Proof-of-Stake (PoS) protocol for node staking, ensuring the network’s security and integrity.

3. Payment of Network Fees

It is used to pay fees associated with transactions and other activities on the Dacxi Chain.

Global E-commerce Transactions: Dacxi Coin serves as a currency for global e-commerce transactions within the Dacxi Chain ecosystem.

4. Tokenization of Company Shares

The token is involved in the tokenization process, which allows the creation of digital versions of company shares that can be traded and owned securely.

Other uses of Dacxi Coin include enabling exchange transactions on tokenized secondary exchanges and supporting community development.

Where to Buy Daxci Coin

Dacxi Coin can be purchased via the Dacxi Chain website and other trading platforms that support the asset, such as Uniswap and Gate.io. Additionally, purchasers can store their Dacxi Coin in a third-party wallet that supports it or on the exchange platform from which they bought it.

Dacxi Price Prediction

With a price increase of 10.30% in the last seven days, Dacxi (DXI) is currently outperforming the global cryptocurrency market, which is down 5.10%. At press time, the asset trades at $0.001397, representing a 30.9% increase in the last 24 hours.

Since its creation, Dacxi Coin has recorded impressive growth, rising from $0.00001494 on May 10, 2023, to its current value, representing a 9,165.00% surge. The token saw its all-time high (ATH) of $0.06725 on June 15, 2021. Comparatively, the current price is 97.94% lower than the all-time high price.

However, Dacxi Coin’s price performance since this month indicates a strong potential for further price surges. At the moment, indicators are predicting a move towards the $0.002 price level over the next quarter. If the asset performs well, we can expect DACXI to climb toward $0.002 or above in the next six months.

Should I invest in Dacxi (DXI)?

Whether to invest in Dacxi is a decision every investor will make independently. However, there are certain things to keep in mind that can help users to make well-informed decisions. Like every other crypto investment, Dacxi Coin can unexpectedly experience a price decline due to market news, regulatory setbacks, security breaches, and other events. While its future value looks promising, it is vital to conduct due diligence to add Dacxi Coin to your investment portfolio. Above all, remember that you should not invest more than you are willing to lose.

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