DACX

DACX
utilizing artificial intelligence and high-performance computing technology

preliminary
DACX is a digital exchange that utilizes the positive features of blockchain technology. Therefore a utility token is required to fully use the operating system. The DACX token is a utility token adopted by the platform. This article reveals important details of DACX tokens.
The DACX token is a limited supply of exactly 786,786,786. This total supply tends to decay due to frequent token burns. The DACX utility token runs on the Ethereum blockchain based on the ERC-20 token standard.
5% of tokens are for angel investors, while 15% applies to teams. 5% of the total DACX token serves as a gift, while 50% of the crowd is sold. The last 25% of tokens have been closed. Team members will receive their tokens every month from the launch of the DACX platform.
Crowd sales tokens are used for many tasks such as:
  1. Expanding and improving platform infrastructure,
  2. Payment of capital reserves, registration fees and licenses,
  3. Development of cross-country payment systems,
  4. Maintenance of insurance funds.
Security
To ensure the security of digital assets in our custody, we will use four types of crypto wallets:

  1. Hot Wallet This is a wallet that is used on our internal servers for frequent transfers. Only a small portion of funds will be used available for frequent transfers. All Hot Wallets come in encrypted form and the decryption key is only applied by approved personnel at predetermined intervals for approval of outgoing transactions. This avoids the consumption of assets if our internal servers are compromised.
  2. HSM Protected Semi-Cold Wallet. This wallet is an outdoor office wallet that is held by all enterprise hardware wallet solutions with governance, multisig, and access limits imposed by the Hardware Security Machine. Some signatures of the personnel transferred are needed to discuss one transaction and limited access to the private network terminal.
  3. Hardware Wallet Integration A comment about the integration of the Ledger nano hardware wallet, and X (with Pictures)
  4. Cold Wallet This wallet is transferred offline and transferred to the computer offline by senior management executives.

Some problems in our industry:
1. Response Time
2. Lack of answers to questions.
 3. Inability to understand what customers want.  
4. Acceptance of responsibility.  
5. Decision. Leave customer complaints unresolved.
DACX tokens perform many functions on the DACX platform. Can be used for payment of exchange fees, withdrawal fees, a list of fees and some other fees. You can also activate the DACX token to pay trading fees, and you get a large discount. Rebates begin at 50% and decrease to 25% in the second year. In the third year, the discount rate is reduced to 15% while there are no exceptions in the 4th year.
Like every other platform that uses tokens, DACX offers an initial exchange. Only verified and registered token holders are allowed during the offer. At the beginning of each IEO phase, a special quota of token supply is provided to the token holder. Platforms must burn DACX tokens based on trading costs and Aadhaar limit fees, which are collected in certain months.
Right before launch, DACX executes Exchange IEO. During the first IEO, there will be a "No Base Listing Fee" stamp that can be used in IEO or the next token listing. Valid for ticket buyers and holders of certain tokens. Ticket details and requirements and "free tickets" will also be available immediately before IEO. But usually there is a minimum amount of tokens that must be in the account of the holder which is not always sufficient even though there is time.
DACX also implements a reward program to reward users or recommend exchanges to others. They receive a portion of the trading fees from users who are referred via DACX tokens.
The conclusion
DACX tokens have many uses and benefits on the DACX Exchange. This is a utility token, so users can access almost all platform services through tokens. This is also how DACX achieves the goal of making trade exchanges more attractive. A gift system with DACX tokens makes exchanges more attractive.
DACX Token (DACX)
We have published our own utility token, called DACX Token. A strict limit of 786,786,786 DACX has been created, never increased and the total supply will be reduced through frequent token burning. The DACX token will run natively on the Ethereum blockchain under the ERC 20 token standard.

Universal Wallet
Universal Wallet is the core storage unit of DACX Remit. It uses DLT, traditional banking and guards to store the following types of assets in one wallet: Fiat Money
Crypto Currency
Utility Token
Security Token (STO)
Stable Coins
Commodity Token 

Allocation


DACX Road Map
September 2019-Pre-Registration
October 2019 - Pre-Launch of IEO
Q4 2019-Exchange Launch
Q4 2019-Fiat Gateways 
Q1 2020-Extending Operational Jurisdiction to EU & Asia
Q1 2020 - Cross-border Payments
Q1 2020-STO Integration 
Q1 2020-Virtual Debit Card
Q1 2020-Bridge Remit & Exchange
Q2 2020-Margin Trading
Q2 2020-DEFI - Loans 
Q2 2020-Extending Operational Jurisdiction to NA

DACX Team
1. CHEUDHRY ZEESHAN: Founder | CEO
2. FRANS KLERKS: Head of Marketing
3. LISA LI: Regional Marketing & Communications
4. TARIMA ISMAIL: Cyber ​​Security & Blockchain Engineer
5. CURTIS PAVLIK: Regional Sales & Operations
6. JAMES WACKETT: Regional Business Development
7. FRASS MASROOR: Full Stack Developer
8. UMAIR JAWAID: DevOps & Platform Engineer
9. PETER MACDONALD: Strategy & Business Partnership Strategy Division

Advisory
1. RICHARD GARDNER: CEO Modulus Global
2. LAURENCE KIRK: CEO Extropy.IO

information:

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