Digitex is planning to create a ftutures trading platform for cryptos. I like the idea and the concept is good. It is developed by a former UK pit trader.
What I like less is that it’s based in the Seychelles and that tokens will be minted again once used, meaning in one or two years.
The project has incredible hype with over 20K Telegram members, which means that the price will rise fast. On the other hand, they don’t plan to join an exchange, rather than that they will have their own exchange in June. Not that great if you plan to sell it for a gain.
I like the idea, but I’m not really interested in trading futures myself.
I think I will follow that one and see later. I’m not gonna invest in the ICO.
Note: The soft cap was $250k and was reached in less than 2 hours. Which means that some people invested big. Now, it’s basically impossible to invest and a lot of people are unhappy about paying gas for a failed transaction.
I thought the soft cap was low, but didn’t expect it to go that fast. My mistake, 250K is not much if you compare to other hyped ICO’s such as Envion.