One of the most exciting developments in the rapidly evolving crypto landscape is the introduction of a new kind of exchange.
Until now, the crypto market has been made up of two key categories of exchanges; Trader Exchanges (designed for professional traders with complex requirements) and Wallet Exchanges (a simpler entry-point for crypto-investors, however with very limited support).
The problem is that these categories of exchanges are not designed or set up to attract and support mainstream retail investors (amateur investors), a potential trillion-dollar market, who will make up the majority of future investors (500 million by 2022).
This demographic has two key needs that must be met before they will fully embrace the market. They need exchanges to be simple and easy to use, and they need the support and confidence that comes from a dedicated community platform that provides engaging content, discussion, and quality learning resources, underpinned by strong customer support.
The combination of these two elements brings to life this new category; Community Exchanges. Here is a breakdown of the three categories of exchange, and the key differences between them.
Dacxi (Digital Asset Community Exchange International) is the first-mover in this exciting new category of Community Exchanges, having launched a public beta of both a simple and user-friendly exchange and a community with key content and functionality for retail-investor support, in June 2018.
Dacxi believes the most effective Community Exchanges focus on a complete Retail Investor ecosystem; that’s why Dacxi has added a third platform called Crypto-Venture Capital, or Crypto-VC. This platform is designed to deliver high-quality low-risk ICOs to attract, empower, and more importantly, protect retail investors.
Driving the growth of the Dacxi ecosystem is the DAC Coin – the world’s first Community Exchange membership coin. In 2018, exchange coins have been one of the best performing investment sectors in crypto, making the DAC Coin not simply an attractive investment that any astute investor should add to their portfolio, but also a mechanism to drive added content and incentivisation inside the Dacxi community.
Dacxi is paving the way for this powerful new market of mainstream retail investors to enter the crypto space, ensuring they have the best platforms to invest, understand, and engage with the world of crypto assets.