Predicting Blockchain’s Next Leading Player: Could It Be Digitex?
The blockchain and crypto sector is one of the fast evolving enterprises with lots of growth potential. However, although there are plenty of instant P2P payments and exchange of value, the commission fees that users have to deal with have become too much. Digitex Futures may have found the next big solution in blockchain with its innovative exchange that does not charge any fees.
Giving It Your Best Shot
The success rates for new startups is depressingly low, especially with regards to the blockchain, where nearly half of all contenders fail. Nevertheless, if you want to launch a groundbreaking blockchain company in an unregulated space, you must give it your best shot. In such cases, having money only will not help, as you need a vision and a belief in your product regardless of the Bitcoin price changes.
When Adam Todd, Digitex Future CEO, was grinding hard and paying his trading commissions, the vision of a commission-fee exchange appeared like a far-off dream. However, as he learned more about Bitcoin, Ethereum, ERC20 tokens and smart contracts, he realized that he had found the platform to achieve his dreams finally. He brought together some of the best talents in the field, started learning everything about blockchain technology only, and managed a successful ICO for Digitex where he raised five million dollars in less than twenty minutes.
Have A Clear Vision
There are numerous cryptocurrencies, with each new ICO launching its utility token. Likewise, the number of crypto exchanges has also gone up significantly. Todd had a clear vision of his project by understanding the problem that many crypto traders were facing, i.e., high commissions. The hefty commission charges were taking large chunks of rewards and profits from dedicated traders, thus affecting their ability to eke out a living.
Besides being passionate about your work, you should also be resilient about making your vision a reality regardless of any circumstances. The various terms like ICOs, blockchain, and Bitcoin have all become quite popular, but they were mostly unheard of a few years ago. Never doubt yourself; instead, you should get a talented group of people around you and motivate each other towards success. Todd researched cryptocurrency and blockchain online and learned all he needed to know about these technologies.
With secure and commission-less trading, the incoming DIgitex Futures that is slated for a launch in the final quarter of 2018 could just as well be the next favorite thing after Bitcoin.