BlockEx DAXT: Digital Asset Exchange Token Blockchain Trading?
Diversify Your Digital Assets With BlockEx
For any blockchain innovation, market penetration depends on how your ICO performs. A vital factor will be which platform you intend to list your ICO sale. This decision might be the difference between success and failure. One should aim for a platform that performs more than your expectations. The features should be outstanding and accommodate more than just ICO tokens, but instead provide access to more digital assets.
BlockEx is a financial service firm that provides a global marketplace for all kind of digital assets and instruments through the Digital Asset Exchange Platform (DAxP). The DAXP acts as a trading platform with the help of a Distributed Ledger Technology (DLT). The fintech company is based in London and also offers Digital Asset Exchange Token (DAXT) and Digital Token Product Offering as an effort to add to add ICOs to assets classes available for sale or purchase. The DAXT is set to rebuild the ICO market by ensuring equal and transparent access to the distribution of ICO tokens. With the DAXT, clients can join the lists of any ICO pre-sale on offer on the platform.
BlockEx Blockchain Trading Strengths
An excellent add-on for BlockEx is the development team. Before investing in any venture, it is wise to have a look at the skills and knowledge of those in charge. And BlockEx is no short of experience, as the project is under well-known crypto founders and experts. Such a backing instils confidence in the potential and future of the project.
Additionally, BlockEx clients will have access to a variety of ICO projects to pick from and invest. The platform makes available the BlockEx DAxP for exchange and trade services of the different number of tokens and digital assets. Not to mention, the DAXT offer consulting services for investors planning to finance an ICO. And with the ICOs popping up every day, BlockEx is a sure way to keep you ahead in the crypto markets.
The BlockEx Downside
Like any other innovation, BlockEx is facing some challenges in its course to build its reputation. Any potential user should know that the project does not disclose its platform algorithms. This raises a red flag especially since it's a platform that involves finances. Although change is yet to be seen, the platform administrators plan to create an open repository for its users in the future.
A look on the platform and you should take notice that there is no bounty program. For any successful ICO campaign, a bounty program is an essential part of its start-up. Lacking such a vital feature means users do not receive tokens or fiat currency rewards. Another negative with the platform is the documentation. User reviews indicate a slightly sophisticated and complex documentation process before one is verified and accepted. In the end, people shy away from too much details.
Although BlockEx has a team of experienced professionals and partners, the project has failed to attract much attention from blockchain enthusiast. This attribute can be due to the number of similar and already successful projects. However, with the blockchain technology, each new venture comes with something unique to offer. Although not yet widespread, BlockEx will pick up the pace due to the fast-growing market for ICO projects. Sooner or later the services provided by BlockEx will be useful to the blockchain community.