Let’s Take a Look Back on Our Journey
The cryptocurrency landscape is almost unrecognizable from early 2018.
- Digitex Has Been Two Years in the Making - November 27, 2019
- Digitex Futures Is Ready to Revolutionize Futures Trading - November 26, 2019
- With 4 Days to Go, Check Out the Progress on the Digitex Testnet - November 26, 2019
Digitex ICO Sells Out in 17 Minutes
On 15th January 2018, we held our record-breaking ICO. You could say that’s where the journey began, although Adam Todd and the team were busy working to make Digitex Futures a reality long before then.
The sell-out ICO confirmed what Adam already suspected—that the market was ready for a change and that people longed for commission-free futures trading.
The massive community that we’ve built up since then, the support from key professionals, traders, and technologists, as well as the soaring DGTX price in anticipation for launch only confirm this further.
Exchange Listings Starting Small
While many companies plan to get listed on major exchanges from the get-go, we decided that our marketing budget was better spent in other places. Instead of dropping hundreds of thousands of pounds on major exchange listings, we started out small.
Digitex was first listed on a small exchange called exrates. As we grew in popularity and demand, we broadened our exchange partners to Mercatox, HitBTC, Changelly, and Coinexchange.io.
We also got listed on CoinMarketCap on in May 2018 and have expanded our network of providers since then to include MyEtherWallet, Block Folio, and Atomic Wallet, among others.
There are plenty of ways to buy and track your DGTX now, including from our very own Digitex Treasury, launched 1st March 2019.
With the user experience in mind at all times, we’re proud of the innovative, sustainable, and transparent way we’ve come up with to fund our project from now into the future. Traders looking an instant trustless transaction can now deal directly with us without having to go through an exchange.
We’ve always served our customers needs without sinking tons of our funds into expensive exchanges.
15x-ing on Our ICO
The first time that it really sank in that DGTX had great potential beyond an exchange token was when we saw the price reach over 16 cents back in October. Just before the entire crypto market took a near-fatal plummet, we registered our ATH that showed our tremendous potential for ROI.
People from all over the community sat back and took notice. It became obvious that DGTX is as much for investors as it is for traders.
Of course, we had to suffer the same decline as the rest of the market, but we weathered the crypto winter well. We held our own at almost all times among the top 100 coins and, in a few short months, our price is popping again. Currently, we’re 12x-ing our ICO price with three weeks to go for launch.
1.3 Million on Our Waitlist
This has to be one of our greatest achievements of all–the fact that we have amassed a massive 1.3 million (and still rising!) on our waitlist!
There aren’t many projects that can boast a Telegram community of 70k and so many anxious traders signed up and waiting for their exchange to open. We’ve shown the world exactly how successful we can be with the right marketing as well as what happens when new people hear about Digitex.
In three short weeks, we’ll finally be able to open the doors and show you what we’ve been working on during this period.
World-Class Developer Talent
We’re extremely proud of all the developers that have worked on the exchange over this last year. We’ve been lucky enough to have some of the best talent from Dublin to Moscow and Cyprus on board.
We were working with our smart contract specialists SmartDec from the very beginning.
They made sure that our ICO went off without a hitch and that our Digitex Treasury smart contract could be set up.
They’re currently working with Matter Inc. to integrate Plasma protocol into our technology back end to offer users decentralized accounts and a truly hybrid, non-custodial exchange.
Matter Inc. is an Ethereum-approved Plasma team and SmartDec is comprised of some of the most highly skilled developers in the world, recently making us proud by winning the ETHParis Hackathon.
Making the Headlines
All along our journey, both the general and specialist media have opened up their ears to hear about our story—and report it to their readers. We’ve been featured in some of the most prestigious publications out there including Coin Telegraph, CCN, Bitcoinist, and Entrepreneur.
Adam’s also done his fair share of awesome interviews with some of the best-known YouTubers in the space including Keith Wareing, ReadSetCrypto, Bad Crypto, Crypto Beadles, and Crypto Love.
As we look forward to entering a new chapter as a highly-liquid fully functioning commission-free futures exchange, there’s so much on the horizon. From additional futures markets to decentralized accounts, a mobile app, and spot trading, among many, many other plans, we hope you’ll carry on joining us on the road ahead.
In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.
2022 saw TradeHost become even more profitable with 22,698 Betfair markets traded.