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.