Dexe Investment unveiling, Pt. 1: What you can do
With our CEO recently showing a working demo of how DeXe Investment functions to 3,000+ viewers on Binance LIVE, let’s dive into some functionalities of the platform from your perspective as a trader or investor.
Imagine if your trading success was directly tradable as a token. YouCoin, of sorts. But not something based on how much buzz you generate for yourself on YouTube or on how well some speculators can pump/dump the price. No, this token would reflect your actual trading success and reputation, transparently verifiable on the blockchain and in the UI of our social trading platform. An investor can easily convert their funds into and out of your token.
And as a trader, this builds your brand like nothing before. Imagine breaking CoinGecko’s Top 100… or maybe even Top 10 (anything is possible in crypto). People notice successful coins. And once they read the story behind it… watch out for the flood of investments ;).
Trade the token
Now that there is this trader token, what to do with it? An investor, aka the token holder, can trade it like a normal token. The benefit here is that this keeps the funds invested into the trader’s strategy. So the buyer buys a strategy in an easy format of a token, adding liquidity to something that used to be much less liquid. Think of it as an ETF but much simpler and completely decentralized.
The trader can buy his own token too and use it to reward social media followers, in cross-promotional activities, and anything else that’s useful to his brand.
Control your risk exposure
Any trader who wants to manage investor funds needs to have skin in the game. The more skin in the game, the higher the relative amount of investor funds he can manage. As an investor, you can see how much of his own money a trader puts up before investing. You will also see the trader’s actual success rate in a transparent and verifiable way.
As a trader, you can control how much funds to take in. You can even run private strategies with a closed list of invite-only investors. When you’re ready for the big leagues, put more money up and go.
Let’s take a break here and continue in the second part. Stay tuned.
Until then, see what DeXe Investment looks like and hear about it from our CEO here.
Dexe.network is an ecosystem of tools that bring professional trading to DeFi and DeFi to trading with free tools like Wallet Info and Wallet-to-WalletCopying, services such as 111PG and the Kattana Terminal, and more components that complement each other and solve pressing market needs. At the core is a decentralized social trading platform that operates via autonomous smart contracts and includes tools for virtual currency allocation and automatic rebalancing. It eliminates the risks of transferring digital wallet details such as private keys and API or any virtual currency data to a third party. Most importantly, the DeXe Network connects successful traders and followers in a transparent, verifiable way for the benefit of both groups.