Community Questions About Blockfunder, DGTX, and Beyond 1

Community Questions About Blockfunder, DGTX, and Beyond

Crypto Industry
• Digitex
June 8, 2021

We’ve kicked off the Blockster (BXR) token sale and it’s off to a strong start! We’ve had positive feedback from several key influencers and a few hundred sales have come in. Track the action yourself or join in by heading to our Blockfunder page. During the first phase of the sale, BXR tokens are available for the reduced price of $1 each and purchases are accepted in DGTX only.

And while our very first IEO is taking place, as always, we’re gathering feedback from the community. Beyond our stellar trading platform and super talented team, it’s you guys we value the most. We’ve been able to expand and grow even through the toughest of circumstances thanks to your ongoing feedback and support. 

This week, your questions are answered by Digitex’s Product Owner Alexey Veledinskii (AV). He’s one of the driving forces behind the high-quality upgrades you’ve seen lately and is working closely with Adam to keep the roadmap on track. We’ll share a spotlight on AV later this month, but for now, let’s dive into your questions.

Q. Was Blockfunder the only solution mentioned in the blog to take DGTX out of circulation?

A. Blockfunder is only the first step that we will take in this direction. We understand that to create demand for DGTX, we need to add more utility for the token. We have several ideas and will deploy some of them this year (autumn will be rich for harvest).

Q. Any news about the stablecoin?

A. We can’t give any details on that right now, but we know that our traders really want stable derivatives markets and satisfying our traders is the main reason we’re all here working on Digitex.io development.

Q. Are bracket orders coming soon?

A. We are in the concept stage of refactoring Delayed Actions (Conditional orders, SL/TP) systems. We aim to deliver really easy-to-use Delayed Actions and bracket orders.

Q. Is the burning DGTX tokens idea on the table? Like some proportion of the Blockfunder sales maybe.

A. Burning may be helpful for short to medium term but it can’t be good as a long term solution. DGTX received from the BXR token sale will not be burned, but in future, when we add more utility for DGTX, we can implement a burning system to warm the market up.

Q. Is there going to be a staking period and penalty if un-staked earlier than the period; burning some of the unstaked tokens is a good idea as well.

A. This seems strange. Like we are going to force our traders to use DGTX or lose it. My point is that I think this is the wrong way to do it. We must create demand for DGTX by improving our products, make it more stable on one hand, and more flexible on the other. That’s why creating new utilities for DGTX is our top priority.

Q. Many trade on mobile, any news on that?

A. We already put some logic and design to our early version of the mobile app. The work is in progress, but we can’t say any ETA yet. Our goal is to adapt our Ladder interface for mobile screens. It’s very hard, but we know that the Ladder trading UI has excellent feedback from the community, and it is much more comfortable than a classic UI, especially for quick trades on fast moving markets.

Q. Are you going to improve the spread?

A. Having a big spread is not an issue in itself. We discovered the reasons why it happens and are going to change the market maker model. Also we hired a very experienced senior-level developer with trading bot making experience.

That wraps it up for this week but if you still have a question you want us to answer, be sure to get in touch. Our helpful support staff are on hand 24/7 and you can also reach us on our socials. Also, don’t forget to get in on the Blockster sale right now. Earn extra BXR tokens by referring friends, you can find all the details here.

 

June 8, 2021
Crypto Industry

Community Questions About Blockfunder, DGTX, and Beyond

Digitex
Community Questions About Blockfunder, DGTX, and Beyond 2

We’ve kicked off the Blockster (BXR) token sale and it’s off to a strong start! We’ve had positive feedback from several key influencers and a few hundred sales have come in. Track the action yourself or join in by heading to our Blockfunder page. During the first phase of the sale, BXR tokens are available for the reduced price of $1 each and purchases are accepted in DGTX only.

And while our very first IEO is taking place, as always, we’re gathering feedback from the community. Beyond our stellar trading platform and super talented team, it’s you guys we value the most. We’ve been able to expand and grow even through the toughest of circumstances thanks to your ongoing feedback and support. 

This week, your questions are answered by Digitex’s Product Owner Alexey Veledinskii (AV). He’s one of the driving forces behind the high-quality upgrades you’ve seen lately and is working closely with Adam to keep the roadmap on track. We’ll share a spotlight on AV later this month, but for now, let’s dive into your questions.

Q. Was Blockfunder the only solution mentioned in the blog to take DGTX out of circulation?

A. Blockfunder is only the first step that we will take in this direction. We understand that to create demand for DGTX, we need to add more utility for the token. We have several ideas and will deploy some of them this year (autumn will be rich for harvest).

Q. Any news about the stablecoin?

A. We can’t give any details on that right now, but we know that our traders really want stable derivatives markets and satisfying our traders is the main reason we’re all here working on Digitex.io development.

Q. Are bracket orders coming soon?

A. We are in the concept stage of refactoring Delayed Actions (Conditional orders, SL/TP) systems. We aim to deliver really easy-to-use Delayed Actions and bracket orders.

Q. Is the burning DGTX tokens idea on the table? Like some proportion of the Blockfunder sales maybe.

A. Burning may be helpful for short to medium term but it can’t be good as a long term solution. DGTX received from the BXR token sale will not be burned, but in future, when we add more utility for DGTX, we can implement a burning system to warm the market up.

Q. Is there going to be a staking period and penalty if un-staked earlier than the period; burning some of the unstaked tokens is a good idea as well.

A. This seems strange. Like we are going to force our traders to use DGTX or lose it. My point is that I think this is the wrong way to do it. We must create demand for DGTX by improving our products, make it more stable on one hand, and more flexible on the other. That’s why creating new utilities for DGTX is our top priority.

Q. Many trade on mobile, any news on that?

A. We already put some logic and design to our early version of the mobile app. The work is in progress, but we can’t say any ETA yet. Our goal is to adapt our Ladder interface for mobile screens. It’s very hard, but we know that the Ladder trading UI has excellent feedback from the community, and it is much more comfortable than a classic UI, especially for quick trades on fast moving markets.

Q. Are you going to improve the spread?

A. Having a big spread is not an issue in itself. We discovered the reasons why it happens and are going to change the market maker model. Also we hired a very experienced senior-level developer with trading bot making experience.

That wraps it up for this week but if you still have a question you want us to answer, be sure to get in touch. Our helpful support staff are on hand 24/7 and you can also reach us on our socials. Also, don’t forget to get in on the Blockster sale right now. Earn extra BXR tokens by referring friends, you can find all the details here.

 

Latest News

blockster

Blockster in the News – Check Out the Media Highlights

Digitex
Crypto Industry
• Digitex
June 4, 2021

We’re super excited about the launch of Blockster social network, and can’t wait to become the go-to place for all things crypto–and it seems as if we’re not the only ones! Blockster has been garnering a lot of attention in the media recently, with bloth influencers and crypto news sites eager to talk about its awesome features, and celebrate the launch of an entirely new social hub dedicated to crypto hustlers like you.

With Blockster, you no longer need to access multiple websites and apps to find news, educational articles, expert takes, and discussion groups for your topics of interest. Regardless of your knowledge level, every Blockster can make money on their digital assets.

What Are People Saying?

CryptoSlate covered the Blockfunder IEO token launch platform debut, where the financing and fast-tracking of selected projects will take place. Digitex’s due diligence ensures only high-quality offerings will be available, and there’s no better way to kick it all off than with Blockster Social Network’s native token, BXR.

The BXR token is the only accepted payment method for Blockster advertisers, and all commerce inside the platform, such as purchasing NFTs. It will be available for sale starting Monday, June 7. Upon completion of the six phases of the token sale, BXR will be initially listed on Digitex and Uniswap, with other major exchanges to be announced soon.

Bitcoinist, another well-respected crypto news website, explained how Blockster users could join groups and access the real-time market data feed on ‘Blockwatch’ to keep up to date on the price action of all the major coins.

The article also describes how writers, influencers, and crypto personalities are already populating the network with high-quality content and inviting friends before it opens to the general public.

Youtube Influencers Are Loving Blockster Too

‘Crypto Profit,’ a 90k-subscriber channel dedicated to finding the hottest crypto-investment opportunities, highlighted the Blockster (BXR) token potential. Be sure to check out his assessment and why he believes this social network “will do very very well.”

‘Ryan Matta’, an experienced miner, trader, and crypto investor, stated that “getting in on an ICO at this price can potentially be very very profitable… this could be the next Facebook of crypto.”

‘Expert Para,’ a 284k-subscriber YouTuber in Turkey, also extensively covered Blockster’s Social Network features and the BXR token IEO taking place on Digitex’s Blockfunder.

Token Sale Starts on June 7, Don’t Miss Out!

Blockster has been under development for over a year and is now in its final testing stages. The token sale through Digitex’s Blockfunder IEO platform will kick off on Monday, June 7 at 12pm UTC.

Blockster in the News – Check Out the Media Highlights 3

The BXR token will start out at $1 and gradually increase over the six phases, so the earlier you join, the higher the potential gains.

For DGTX token holders, there’s some good news here as well. DGTX will be the only currency accepted in three of the six phases, allowing Digitex to collect a lot of its circulating supply and give the exchange’s native token a chance to recapture value. 

Taking part in the BXR token sale is easy! Click here, complete a quick KYC check, read and sign the terms and conditions, and purchase BXR tokens with the cryptocurrency accepted during the sale phase.

Blockster in the News – Check Out the Media Highlights 4

Refer Friends and Earn Free Tokens

You can earn more BXR tokens by referring the IEO to your friends and earning 10% of their BXR purchases. Don’t miss this chance to earn more tokens, by signing up to Blockfunder and creating a unique referral link.

Share it on your social profiles or send it to your friends. Each time your link is used to complete a purchase, you will be automatically rewarded. Don’t miss this chance to get in on this exciting project at the early stages!

BXR Token — Keep Updated Using Our Telegram

We invite you to join our Telegram channel as we prepare to release our testnet to the public. All updates about Blockster and BXR will be published there. For any questions you can also hit us up on any of our socials or contact our live support.

June 4, 2021
Digitex
Crypto Industry

Blockster in the News – Check Out the Media Highlights

Digitex
blockster

We’re super excited about the launch of Blockster social network, and can’t wait to become the go-to place for all things crypto–and it seems as if we’re not the only ones! Blockster has been garnering a lot of attention in the media recently, with bloth influencers and crypto news sites eager to talk about its awesome features, and celebrate the launch of an entirely new social hub dedicated to crypto hustlers like you.

With Blockster, you no longer need to access multiple websites and apps to find news, educational articles, expert takes, and discussion groups for your topics of interest. Regardless of your knowledge level, every Blockster can make money on their digital assets.

What Are People Saying?

CryptoSlate covered the Blockfunder IEO token launch platform debut, where the financing and fast-tracking of selected projects will take place. Digitex’s due diligence ensures only high-quality offerings will be available, and there’s no better way to kick it all off than with Blockster Social Network’s native token, BXR.

The BXR token is the only accepted payment method for Blockster advertisers, and all commerce inside the platform, such as purchasing NFTs. It will be available for sale starting Monday, June 7. Upon completion of the six phases of the token sale, BXR will be initially listed on Digitex and Uniswap, with other major exchanges to be announced soon.

Bitcoinist, another well-respected crypto news website, explained how Blockster users could join groups and access the real-time market data feed on ‘Blockwatch’ to keep up to date on the price action of all the major coins.

The article also describes how writers, influencers, and crypto personalities are already populating the network with high-quality content and inviting friends before it opens to the general public.

Youtube Influencers Are Loving Blockster Too

‘Crypto Profit,’ a 90k-subscriber channel dedicated to finding the hottest crypto-investment opportunities, highlighted the Blockster (BXR) token potential. Be sure to check out his assessment and why he believes this social network “will do very very well.”

‘Ryan Matta’, an experienced miner, trader, and crypto investor, stated that “getting in on an ICO at this price can potentially be very very profitable… this could be the next Facebook of crypto.”

‘Expert Para,’ a 284k-subscriber YouTuber in Turkey, also extensively covered Blockster’s Social Network features and the BXR token IEO taking place on Digitex’s Blockfunder.

Token Sale Starts on June 7, Don’t Miss Out!

Blockster has been under development for over a year and is now in its final testing stages. The token sale through Digitex’s Blockfunder IEO platform will kick off on Monday, June 7 at 12pm UTC.

Blockster in the News – Check Out the Media Highlights 5

The BXR token will start out at $1 and gradually increase over the six phases, so the earlier you join, the higher the potential gains.

For DGTX token holders, there’s some good news here as well. DGTX will be the only currency accepted in three of the six phases, allowing Digitex to collect a lot of its circulating supply and give the exchange’s native token a chance to recapture value. 

Taking part in the BXR token sale is easy! Click here, complete a quick KYC check, read and sign the terms and conditions, and purchase BXR tokens with the cryptocurrency accepted during the sale phase.

Blockster in the News – Check Out the Media Highlights 6

Refer Friends and Earn Free Tokens

You can earn more BXR tokens by referring the IEO to your friends and earning 10% of their BXR purchases. Don’t miss this chance to earn more tokens, by signing up to Blockfunder and creating a unique referral link.

Share it on your social profiles or send it to your friends. Each time your link is used to complete a purchase, you will be automatically rewarded. Don’t miss this chance to get in on this exciting project at the early stages!

BXR Token — Keep Updated Using Our Telegram

We invite you to join our Telegram channel as we prepare to release our testnet to the public. All updates about Blockster and BXR will be published there. For any questions you can also hit us up on any of our socials or contact our live support.

Latest News

DGTX

DGTX Minting Is Canceled – There Will Be No More Minting

Digitex
• Digitex
June 1, 2021

In December 2020, we released a mint schedule and began minting DGTX tokens on a quarterly basis. Since then, 590 million DGTX has been minted. Today, another 280 million DGTX was scheduled to be minted. However, after careful consideration and taking into account the feedback from our community, we decided to cancel the mint. There will be no more minting of DGTX today or in the future. Why? 

Why Cancel DGTX Minting?

As you know if you’ve been following our project, DGTX minting was always detailed in the original white paper as our means of supporting a zero-fee futures exchange. However, things change. The minting has proven to be hugely unpopular with our community, and we believe that it has a negative effect on the DGTX token price. 

The original plan for the token minting was to cover all the costs of our operations. As we developed and grew, new tokens were also destined to pay for our various rewards programs and market-making. Despite the benefits of rewarding our traders and providing liquidity for our markets, after six months of using this model, we can see that it simply isn’t working. Minting new DGTX is causing a negative effect and downward pressure on the DGTX token price.

Therefore, we’re happy to announce this news, and we believe that our community will be as well—especially now that we have a solution to replace the token minting model—Blockfunder.

Blockfunder Removes the Need for DGTX Minting

Blockfunder is an exciting new product for the Digitex ecosystem and it’s already live, with its first IEO on the way. Our token launching platform presents our company with a new way of generating additional income to sustain operations. With the first IEO, Blockster crypto social network, three of the six token sale phases will accept DGTX only. This has the potential to collect up to $4.5 million worth of DGTX off the market. 

Adam enthused, “We’re really excited to introduce Blockfunder as it eliminates the need for token minting and, at the same time, creates demand for DGTX. We’re also looking forward to partnering with exciting new startups that will join the Digitex ecosystem.”

A portion of every future IEO token raise will go to Blockfunder, as the token sale hosting platform, just as all other token sale platforms in the industry. And, speaking of other platforms, Blockfunder presents Digitex with an awesome new marketplace opportunity. As you probably already know, many of the trending token sale platforms right now, including Binance’s Launchpad, have a long list of startups lined up to be tokenized!

After the ICO craze died out and projects began to seek new ways to finance their endeavors, IEOs became a real viable alternative. In 2019, the average ROI from IEOs was a staggering 760%. Of course, with the lengthy bear market and dwindling interest in crypto, these numbers began to drop off. But as crypto mania awakens again, IEOs are making a fierce comeback.

The average ROI has shot up like a rocket, exceeding 6,000% on leading platforms. You just have to glance at an aggregator site like CryptoTotem to find upwards of 20 IEOs going on in a given month with an average raise per IEO in the ballpark of $4,628,856.

With all these encouraging signs, we’re very excited about the potential of Blockfunder. We’re just starting out with our first IEO, our very own in-house-built project that we will leverage for all future IEOs and Digitex products. In the meantime, we’re preparing and designing our process for scouting and listing new and innovative projects.

Enabling the Digitex Ecosystem

Yesterday’s topic on the blog was about Digitex building a self-sustaining ecosystem in which each product enriches the others. And they all provide various external revenue sources that eliminate the need for token minting.

For example, after launching new startups on Blockfunder, their tokens will then be listed on the Digitex spot exchange. Blockster will help to build their social profiles where they can share daily news and build their audience. And Blockfarm will reward their communities in staking rewards, building up more followers through our yield farming platform.

“After years of trying, we’ve now got a large, well-managed in-house development team working on building out the Digitex ecosystem. I can’t wait for the markets to figure this out and I look forward to a sharp and sudden revaluation of the DGTX token,” Adam added. 

With all these positive initiatives going on, we ask you to continue to support us as we build and fortify this ecosystem. We understand that you’ve been waiting for the DGTX token price to be in a much better position by now, especially since the exchange and our technology has so greatly improved. So, we hope that you’ll be encouraged by all our latest news. As always, we are listening, and we’re stopping the minting. Together, we will make Digitex truly great. Thank you for your support.

June 1, 2021
Digitex

DGTX Minting Is Canceled – There Will Be No More Minting

Digitex
DGTX

In December 2020, we released a mint schedule and began minting DGTX tokens on a quarterly basis. Since then, 590 million DGTX has been minted. Today, another 280 million DGTX was scheduled to be minted. However, after careful consideration and taking into account the feedback from our community, we decided to cancel the mint. There will be no more minting of DGTX today or in the future. Why? 

Why Cancel DGTX Minting?

As you know if you’ve been following our project, DGTX minting was always detailed in the original white paper as our means of supporting a zero-fee futures exchange. However, things change. The minting has proven to be hugely unpopular with our community, and we believe that it has a negative effect on the DGTX token price. 

The original plan for the token minting was to cover all the costs of our operations. As we developed and grew, new tokens were also destined to pay for our various rewards programs and market-making. Despite the benefits of rewarding our traders and providing liquidity for our markets, after six months of using this model, we can see that it simply isn’t working. Minting new DGTX is causing a negative effect and downward pressure on the DGTX token price.

Therefore, we’re happy to announce this news, and we believe that our community will be as well—especially now that we have a solution to replace the token minting model—Blockfunder.

Blockfunder Removes the Need for DGTX Minting

Blockfunder is an exciting new product for the Digitex ecosystem and it’s already live, with its first IEO on the way. Our token launching platform presents our company with a new way of generating additional income to sustain operations. With the first IEO, Blockster crypto social network, three of the six token sale phases will accept DGTX only. This has the potential to collect up to $4.5 million worth of DGTX off the market. 

Adam enthused, “We’re really excited to introduce Blockfunder as it eliminates the need for token minting and, at the same time, creates demand for DGTX. We’re also looking forward to partnering with exciting new startups that will join the Digitex ecosystem.”

A portion of every future IEO token raise will go to Blockfunder, as the token sale hosting platform, just as all other token sale platforms in the industry. And, speaking of other platforms, Blockfunder presents Digitex with an awesome new marketplace opportunity. As you probably already know, many of the trending token sale platforms right now, including Binance’s Launchpad, have a long list of startups lined up to be tokenized!

After the ICO craze died out and projects began to seek new ways to finance their endeavors, IEOs became a real viable alternative. In 2019, the average ROI from IEOs was a staggering 760%. Of course, with the lengthy bear market and dwindling interest in crypto, these numbers began to drop off. But as crypto mania awakens again, IEOs are making a fierce comeback.

The average ROI has shot up like a rocket, exceeding 6,000% on leading platforms. You just have to glance at an aggregator site like CryptoTotem to find upwards of 20 IEOs going on in a given month with an average raise per IEO in the ballpark of $4,628,856.

With all these encouraging signs, we’re very excited about the potential of Blockfunder. We’re just starting out with our first IEO, our very own in-house-built project that we will leverage for all future IEOs and Digitex products. In the meantime, we’re preparing and designing our process for scouting and listing new and innovative projects.

Enabling the Digitex Ecosystem

Yesterday’s topic on the blog was about Digitex building a self-sustaining ecosystem in which each product enriches the others. And they all provide various external revenue sources that eliminate the need for token minting.

For example, after launching new startups on Blockfunder, their tokens will then be listed on the Digitex spot exchange. Blockster will help to build their social profiles where they can share daily news and build their audience. And Blockfarm will reward their communities in staking rewards, building up more followers through our yield farming platform.

“After years of trying, we’ve now got a large, well-managed in-house development team working on building out the Digitex ecosystem. I can’t wait for the markets to figure this out and I look forward to a sharp and sudden revaluation of the DGTX token,” Adam added. 

With all these positive initiatives going on, we ask you to continue to support us as we build and fortify this ecosystem. We understand that you’ve been waiting for the DGTX token price to be in a much better position by now, especially since the exchange and our technology has so greatly improved. So, we hope that you’ll be encouraged by all our latest news. As always, we are listening, and we’re stopping the minting. Together, we will make Digitex truly great. Thank you for your support.

Latest News

digitex

Digitex Is Growing Our Ecosystem of Products

Digitex
• Digitex
May 31, 2021

By now, you’ll have probably heard our exciting news about the launch of Digitex’s own IEO platform Blockfunder. As with everything we do, we’ve been collecting your thoughts and feedback on the initiative. We’ve received a lot of praise and positivity around Blockfunder, but several concerns about the first project to launch, Blockster. So, let’s discuss your main queries here and let you in on the vision we have for Digitex moving forward.

Q. Why are you launching a new product, are you giving up on the exchange?

A. Absolutely not! Digitex is (and will always be) our flagship product and, as you know, we are continually working to develop and improve it, with zero-fee spot markets, improved UI, and competitive staking programs among some of our latest developments.

Blockfunder is just one of Digitex’s most recent products and, apart from many other advantages, we see it as an excellent opportunity to create an additional new utility for DGTX. As we will be accepting DGTX only in certain phases of the fundraisers, we have the chance to reduce its circulating supply. 

We’re not stopping at the Blockster platform, either. Our goal is to host all types of high-potential blockchain projects that we believe will become successful and expand the Digitex ecosystem. We’re launching Blockster first because it makes sense. As a dedicated social network for all things crypto, Blockster will help Digitex and benefit all future IEO projects. They will have a dedicated marketing channel to promote their token sales. 

Blockster will allow us to amass a highly targeted audience and direct traffic to the Digitex exchange. We can also build strategic partnerships with cryptocurrency projects via Blockster to be able to list them on Digitex for you to trade.

So for anyone concerned that we’re walking away from Digitex, nothing could be further from the truth. Blockster creates a tremendous opportunity for all of Digitex’s products to be marketed. Here are just a few examples:

  1. Blockfarm: Our new yield farming platform inside the exchange allows for attractive rewards in a host of different cryptocurrencies by staking DGTX. Within Blockster, there will be a link for users to discover new coins that they can farm by staking DGTX.
  2. Blockfunder: Our new IEO platform for launching up-and-coming projects. Users within Blockster can discover innovative initiatives and get in at the early stages.
  3. Digitex: Our flagship zero-fee spot and futures exchange. Users can be directed from Blockster to Digitex to buy any of the cryptocurrencies that are partnered with our exchange. If you get a chance to read the whitepaper, you’ll see that Blockster has a coin ranking page called Blockwatch (similar to Coinmarketcap). You can click on each individual coin and view their page. Over time, we plan to partner with all the major cryptos in the space and we build coin listing partnerships with Digitex.

Blockster will open doors for Digitex in so many ways. Our goal is to build an ecosystem of products that support each other. We’ve been working very hard, we’re moving at a much faster pace than ever before, and the quality of our products has greatly improved. That’s because we’ve dedicated a lot of time and effort to building a strong team to support our endeavors. 

We’re still working on improvements to the Digitex exchange and we’re very much aware of what we need to work on. The guys are working as fast as they can to improve key features like our API, liquidity, and volume–all without jeopardizing quality. As our technology improves, so will our ability to attract more and more users to Digitex. 

Q. What will happen to the DGTX collected?

A. The DGTX tokens which we collect from this IEO will be put away, and not sold back on the market. The idea is to collect tokens to reduce the circulating supply–putting them back out would be going backwards. Our company goal is to build demand for the DGTX token. This is why we’ve been introducing new products within our exchange that will lend more utility to the DGTX token.

Currently, DGTX allows you to trade on our zero-fee futures and spot markets, stake on Blockfarm, lend liquidity on Uniswap, earn liquidity mining rewards by trading DGTX for market-making purposes, and, most recently, buy new tokens on our IEO platform… And there’s still plenty more to come this year. 

So far, Q2 has been focused on releasing new products, testing, and improving them. What you’ll see during the second half of this year is a greater focus on business development, so that we can build new partnerships, get new listings for Digitex, and more tokens to yield farm on Blockfarm. Blockfunder will also have new initial exchange offerings. So we ask for your support, community! Because it’s all happening and it’s all going to come together.

Q. Is Blockster just an attempt at a “money grab”?

Unfortunately, we had a fair amount of concerns about Blockster, and some community members wanting to know why we’re tokenizing Blockster, and whether it’s just an attempt at a “money grab” from us. But, how is accepting DGTX only in half the phases of the token sale a money grab? We’re going to be reducing DGTX’s circulating supply, which will help our utility token to recapture value.

Moreover, we’re tokenizing Blockster for several other reasons as well. To start with, the money we raise will be used to further develop the platform and allow us to pursue high-scale marketing initiatives. Just imagine being able to have a few million users on Blockster! As a Digitex product, we can then direct the traffic straight to the exchange. This will be huge for us in attracting new users. 

Additionally, unlike the myriad of blockchain projects out there that still haven’t launched their products or have insufficient experience in development, Blockster is a product that has been in development for a full year now and is in the final testing stages, with a solid team behind it. 

As more people join the crypto industry, and existing participants still have to navigate a fragmented landscape for all their needs, Blockster will become the perfect go-to platform for them.

Q. Isn’t BXR at $1 per token too high?

A. No. We don’t think it is. Actually, if you do some research on the going rate to advertise cryptocurrency projects, you’ll see how expensive it is to advertise to a legitimate and highly targeted audience–we’re building that audience for Blockster. 

We want you to get behind us and understand our vision for the Digitex ecosystem. With the token sale coming up on June 7, we also want to make sure that we clear up any doubts and help you understand why Blockster is so well placed to succeed. So, please, if you still have questions, send them to our support team or share them on our social channels. We will answer them all. 

May 31, 2021
Digitex

Digitex Is Growing Our Ecosystem of Products

Digitex
digitex

By now, you’ll have probably heard our exciting news about the launch of Digitex’s own IEO platform Blockfunder. As with everything we do, we’ve been collecting your thoughts and feedback on the initiative. We’ve received a lot of praise and positivity around Blockfunder, but several concerns about the first project to launch, Blockster. So, let’s discuss your main queries here and let you in on the vision we have for Digitex moving forward.

Q. Why are you launching a new product, are you giving up on the exchange?

A. Absolutely not! Digitex is (and will always be) our flagship product and, as you know, we are continually working to develop and improve it, with zero-fee spot markets, improved UI, and competitive staking programs among some of our latest developments.

Blockfunder is just one of Digitex’s most recent products and, apart from many other advantages, we see it as an excellent opportunity to create an additional new utility for DGTX. As we will be accepting DGTX only in certain phases of the fundraisers, we have the chance to reduce its circulating supply. 

We’re not stopping at the Blockster platform, either. Our goal is to host all types of high-potential blockchain projects that we believe will become successful and expand the Digitex ecosystem. We’re launching Blockster first because it makes sense. As a dedicated social network for all things crypto, Blockster will help Digitex and benefit all future IEO projects. They will have a dedicated marketing channel to promote their token sales. 

Blockster will allow us to amass a highly targeted audience and direct traffic to the Digitex exchange. We can also build strategic partnerships with cryptocurrency projects via Blockster to be able to list them on Digitex for you to trade.

So for anyone concerned that we’re walking away from Digitex, nothing could be further from the truth. Blockster creates a tremendous opportunity for all of Digitex’s products to be marketed. Here are just a few examples:

  1. Blockfarm: Our new yield farming platform inside the exchange allows for attractive rewards in a host of different cryptocurrencies by staking DGTX. Within Blockster, there will be a link for users to discover new coins that they can farm by staking DGTX.
  2. Blockfunder: Our new IEO platform for launching up-and-coming projects. Users within Blockster can discover innovative initiatives and get in at the early stages.
  3. Digitex: Our flagship zero-fee spot and futures exchange. Users can be directed from Blockster to Digitex to buy any of the cryptocurrencies that are partnered with our exchange. If you get a chance to read the whitepaper, you’ll see that Blockster has a coin ranking page called Blockwatch (similar to Coinmarketcap). You can click on each individual coin and view their page. Over time, we plan to partner with all the major cryptos in the space and we build coin listing partnerships with Digitex.

Blockster will open doors for Digitex in so many ways. Our goal is to build an ecosystem of products that support each other. We’ve been working very hard, we’re moving at a much faster pace than ever before, and the quality of our products has greatly improved. That’s because we’ve dedicated a lot of time and effort to building a strong team to support our endeavors. 

We’re still working on improvements to the Digitex exchange and we’re very much aware of what we need to work on. The guys are working as fast as they can to improve key features like our API, liquidity, and volume–all without jeopardizing quality. As our technology improves, so will our ability to attract more and more users to Digitex. 

Q. What will happen to the DGTX collected?

A. The DGTX tokens which we collect from this IEO will be put away, and not sold back on the market. The idea is to collect tokens to reduce the circulating supply–putting them back out would be going backwards. Our company goal is to build demand for the DGTX token. This is why we’ve been introducing new products within our exchange that will lend more utility to the DGTX token.

Currently, DGTX allows you to trade on our zero-fee futures and spot markets, stake on Blockfarm, lend liquidity on Uniswap, earn liquidity mining rewards by trading DGTX for market-making purposes, and, most recently, buy new tokens on our IEO platform… And there’s still plenty more to come this year. 

So far, Q2 has been focused on releasing new products, testing, and improving them. What you’ll see during the second half of this year is a greater focus on business development, so that we can build new partnerships, get new listings for Digitex, and more tokens to yield farm on Blockfarm. Blockfunder will also have new initial exchange offerings. So we ask for your support, community! Because it’s all happening and it’s all going to come together.

Q. Is Blockster just an attempt at a “money grab”?

Unfortunately, we had a fair amount of concerns about Blockster, and some community members wanting to know why we’re tokenizing Blockster, and whether it’s just an attempt at a “money grab” from us. But, how is accepting DGTX only in half the phases of the token sale a money grab? We’re going to be reducing DGTX’s circulating supply, which will help our utility token to recapture value.

Moreover, we’re tokenizing Blockster for several other reasons as well. To start with, the money we raise will be used to further develop the platform and allow us to pursue high-scale marketing initiatives. Just imagine being able to have a few million users on Blockster! As a Digitex product, we can then direct the traffic straight to the exchange. This will be huge for us in attracting new users. 

Additionally, unlike the myriad of blockchain projects out there that still haven’t launched their products or have insufficient experience in development, Blockster is a product that has been in development for a full year now and is in the final testing stages, with a solid team behind it. 

As more people join the crypto industry, and existing participants still have to navigate a fragmented landscape for all their needs, Blockster will become the perfect go-to platform for them.

Q. Isn’t BXR at $1 per token too high?

A. No. We don’t think it is. Actually, if you do some research on the going rate to advertise cryptocurrency projects, you’ll see how expensive it is to advertise to a legitimate and highly targeted audience–we’re building that audience for Blockster. 

We want you to get behind us and understand our vision for the Digitex ecosystem. With the token sale coming up on June 7, we also want to make sure that we clear up any doubts and help you understand why Blockster is so well placed to succeed. So, please, if you still have questions, send them to our support team or share them on our social channels. We will answer them all. 

Latest News

Announcing Blockfunder - Our Brand-New IEO Platform 7

Announcing Blockfunder – Our Brand-New IEO Platform

Digitex
• Digitex
May 27, 2021

We told you on Monday that there was a lot more to come out of Digitex in Q2! Well, today, we’re excited to announce the launch of our brand-new IEO platform Blockfunder. Through our token launch platform, we aim to help finance and fast-track some of crypto’s most exciting and promising projects–and we’ll be kicking off with our very own in-house developed crypto social network Blockster (BXR). Read on for further details.

What Is Blockfunder?

Blockfunder is a platform that allows new and innovative cryptocurrency projects to benefit from the technology, experience, and network effect of the Digitex exchange. Through Blockfunder, you can get in on the ground floor of up-and-coming projects at their earliest stages of development with the assurance that only the highest quality offerings will be held.

Our internal team of engineers, compliance experts, and marketers will assess the project’s whitepaper, code, regulatory position, community, team, and potential, and hold new participants to the highest standards before allowing them to hold an IEO on our exchange. Through Blockfunder, we will be helping to finance a combination of in-house-built products like Blockster (BXR) and innovative external projects that we believe have great potential to succeed.

As well as supporting innovation and providing exclusive investment opportunities to crypto enthusiasts, Blockfunder is designed to lend additional utility to the DGTX token. Various token sales through Blockfunder will accept DGTX as payment, thus helping to restrict the circulating supply of the DGTX token and helping it recapture value.

CEO of Digitex Adam Todd commented: “We’re really excited to be launching our own IEO platform that will also introduce a new utility for our native DGTX token. As we raise funds for projects, partial payment will be accepted with DGTX, meaning a lot will be collected back from the total circulating supply.” 

What Is Blockster (BXR)?

The very first project to launch through Blockfunder will be Blockster, a social network dedicated to cryptocurrency enthusiasts with its own native token (BXR) that will be used for advertising and commerce on the platform, as well as staking. Blockster will be driven by user-generated content that focuses on making money in crypto and blockchain.

Announcing Blockfunder - Our Brand-New IEO Platform 8

Unlike existing social media platforms today, Blockster will provide everything in one platform. Crypto enthusiasts will no longer have to open several tabs to check the prices of their favorite assets, watch crypto influencers, create content, chat to friends, or read the news. 

Announcing Blockfunder - Our Brand-New IEO Platform 9

Blockster will come complete with a full market data feed for all cryptocurrencies, just like CoinMarketCap or CoinGecko. It will also have its own user-generated blog called Blockdesk, and a mobile app and NFT marketplace where users can buy and sell some of the hottest digital assets in crypto. With all these unique features in mind, Blockster aims to become ‘the social network’ for the crypto industry. 

Announcing Blockfunder - Our Brand-New IEO Platform 10

Blockster has been designed and developed in-house by Digitex specifically for crypto users, traders, and enthusiasts looking for opportunities to make money through investing and trading in digital assets. Unlike many projects at the initial coin offering stage, Blockster has already been under development for over a year now and is operating in a closed testnet version.

The Blockster (BXR) Token Sale 

The BXR token sale will be split into six separate phases that will sell a total of 10 million BXR tokens. This is 10% of the total token supply. For further details on the BXR token breakdown, please see the Blockster whitepaper here. 

Each phase of the token sale lasts until the start of the next phase or until all tokens have been sold, whichever comes first. The first phase will kick off on June 7, 2021, and the last phase, phase 6, will end on October 12, 2021 (or when all tokens have been sold).

The BXR token will start at $1 per BXR in the first phase and the price will gradually rise throughout the phases to $2.25. In the initial phase, as well as two other phases, only DGTX will be accepted as payment for BXR tokens. In the other three phases, we will be accepting BTC, ETH, and USDC. 

Once the token sale is concluded, BXR will be listed on Digitex, Uniswap, and other major exchanges that will be announced soon. You must complete KYC to take part in this token sale and US residents and citizens are unfortunately not allowed to participate.

We’ll be releasing more details about Blockster before the token sale begins, so be sure to stay tuned to our blog. In the meantime, you can read more about Blockster here or sign up for the waitlist by visiting this link. If you’re a content creator and would like to partner with Blockster, you can submit an application there as well.  

May 27, 2021
Digitex

Announcing Blockfunder – Our Brand-New IEO Platform

Digitex
Announcing Blockfunder - Our Brand-New IEO Platform 11

We told you on Monday that there was a lot more to come out of Digitex in Q2! Well, today, we’re excited to announce the launch of our brand-new IEO platform Blockfunder. Through our token launch platform, we aim to help finance and fast-track some of crypto’s most exciting and promising projects–and we’ll be kicking off with our very own in-house developed crypto social network Blockster (BXR). Read on for further details.

What Is Blockfunder?

Blockfunder is a platform that allows new and innovative cryptocurrency projects to benefit from the technology, experience, and network effect of the Digitex exchange. Through Blockfunder, you can get in on the ground floor of up-and-coming projects at their earliest stages of development with the assurance that only the highest quality offerings will be held.

Our internal team of engineers, compliance experts, and marketers will assess the project’s whitepaper, code, regulatory position, community, team, and potential, and hold new participants to the highest standards before allowing them to hold an IEO on our exchange. Through Blockfunder, we will be helping to finance a combination of in-house-built products like Blockster (BXR) and innovative external projects that we believe have great potential to succeed.

As well as supporting innovation and providing exclusive investment opportunities to crypto enthusiasts, Blockfunder is designed to lend additional utility to the DGTX token. Various token sales through Blockfunder will accept DGTX as payment, thus helping to restrict the circulating supply of the DGTX token and helping it recapture value.

CEO of Digitex Adam Todd commented: “We’re really excited to be launching our own IEO platform that will also introduce a new utility for our native DGTX token. As we raise funds for projects, partial payment will be accepted with DGTX, meaning a lot will be collected back from the total circulating supply.” 

What Is Blockster (BXR)?

The very first project to launch through Blockfunder will be Blockster, a social network dedicated to cryptocurrency enthusiasts with its own native token (BXR) that will be used for advertising and commerce on the platform, as well as staking. Blockster will be driven by user-generated content that focuses on making money in crypto and blockchain.

Announcing Blockfunder - Our Brand-New IEO Platform 12

Unlike existing social media platforms today, Blockster will provide everything in one platform. Crypto enthusiasts will no longer have to open several tabs to check the prices of their favorite assets, watch crypto influencers, create content, chat to friends, or read the news. 

Announcing Blockfunder - Our Brand-New IEO Platform 13

Blockster will come complete with a full market data feed for all cryptocurrencies, just like CoinMarketCap or CoinGecko. It will also have its own user-generated blog called Blockdesk, and a mobile app and NFT marketplace where users can buy and sell some of the hottest digital assets in crypto. With all these unique features in mind, Blockster aims to become ‘the social network’ for the crypto industry. 

Announcing Blockfunder - Our Brand-New IEO Platform 14

Blockster has been designed and developed in-house by Digitex specifically for crypto users, traders, and enthusiasts looking for opportunities to make money through investing and trading in digital assets. Unlike many projects at the initial coin offering stage, Blockster has already been under development for over a year now and is operating in a closed testnet version.

The Blockster (BXR) Token Sale 

The BXR token sale will be split into six separate phases that will sell a total of 10 million BXR tokens. This is 10% of the total token supply. For further details on the BXR token breakdown, please see the Blockster whitepaper here. 

Each phase of the token sale lasts until the start of the next phase or until all tokens have been sold, whichever comes first. The first phase will kick off on June 7, 2021, and the last phase, phase 6, will end on October 12, 2021 (or when all tokens have been sold).

The BXR token will start at $1 per BXR in the first phase and the price will gradually rise throughout the phases to $2.25. In the initial phase, as well as two other phases, only DGTX will be accepted as payment for BXR tokens. In the other three phases, we will be accepting BTC, ETH, and USDC. 

Once the token sale is concluded, BXR will be listed on Digitex, Uniswap, and other major exchanges that will be announced soon. You must complete KYC to take part in this token sale and US residents and citizens are unfortunately not allowed to participate.

We’ll be releasing more details about Blockster before the token sale begins, so be sure to stay tuned to our blog. In the meantime, you can read more about Blockster here or sign up for the waitlist by visiting this link. If you’re a content creator and would like to partner with Blockster, you can submit an application there as well.  

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