Hey guys, I just wanted to say sorry again to everyone for messing up the launch of Digitex City. It didn’t launch as planned and so now we don’t have DUSD or DUSD denominated markets or market making rewards on our markets or DUSD bonds. It’s a fuck up and I’m ashamed and embarrassed by it. But development continues and SmartDec is committed to delivering everything as promised. We just need more time as we are in the early stages of testing.
But we did launch Digitex Connect, a social platform focused on making money from crypto. There’s still work to be done but we’re improving stability and page load speed everyday and we have a solid marketing plan to promote it. As we continue to increase our server capacity we will gradually be sending more and more traffic to Digitex Connect through content promotion, trading videos, influencer partnerships, refer a friend systems, SEO etc.
And don’t forget we also have the Digitex Futures exchange, a zero-fee Bitcoin futures trading platform at a time when interest in making money from Bitcoin is rising as fast as its price. I can’t think of a better time to be promoting such a product as DFE right now.
Which means we now have 2 complementary products: we have a liquid zero-fee Bitcoin futures exchange and we have a social platform to help promote it.
Check out the liquidity on the BTCUSD $5 futures market on DFE. Its hella liquid and a lot of fun, the 24 hour volume is currently $560 million USD. Yesterday I sent 30 million DGTX to our in-house market makers and cranked them up so the liquidity you see now is only going to get better as more people join in. Those tokens were originally earmarked for DUSD Bond rewards but that’s not nearly ready yet so instead of them sitting idle I decided to use them to stimulate and improve DFE, which is still in the spirit of why the tokens were originally minted.
Like I said, I can’t think of a better time to promote a zero-fee, one-click Bitcoin trading platform than now and the more liquidity we can add the more popular it will be. It’s so easy to get filled now on any kind of size and new traders will love it. And as Bitcoin makes new highs and Google searches about making money from Bitcoin go through the roof, we now have our own social platform to help us promote DFE. I’ll get things started by making regular videos of me trading and scalping and posting those videos on Connect, and then encouraging other traders to do the same.
So I just wanted to say that we’re not down and out by any means. I know the DGTX token price is down today but markets are wrong all the time, especially if they get their Digitex news from Telegram. We’ll execute our joint marketing plan for Digitex Futures and Digitex Connect and you will see the results in the token price very quickly as a stampede of new traders discover the joys of zero-fee, one-click Bitcoin trading in a really liquid market.
I’m sorry it turned out this way but we will come back stronger than ever. Development of Digitex City and its promised features continues but in the meantime we have 2 solid products and we have a plan. And I have absolutely no intention of quitting or going down. Thanks for sticking with me on this roller coaster ride and I promise I’ll do whatever it takes to make this work and take DGTX to a new ATH in 2021.