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Digitex Futures Paves The Way For Sustainable Financing

March 16, 2019 | Technology

2019 has not been favorable for many blockchain companies including Digitex Futures. Meanwhile, the company made a revelation about another ambitious plan involving the launch of the Digitex Treasury.

Digitex Futures had a successful ICO in January 2018 which achieved its hard cap in just 15 minutes. Later, the company realized that a sum of $5.2 million is not enough considering its evolving plans. To achieve the organization's lofty goals, it became mandatory to raise more fund.

The latest news on blockchain elucidates that the company has more than one million people in the public waitlist, thus making the demand for the project clear. Despite finding out that the investors include whales, the company did not want the operations of the organization to go totally in the hands of a few. After intense pondering, the company came up with an alternative source of funding named the Digitex Treasury. As a part of the plan, they decided to lock away 10% DGTX token into Digitex Treasury, a smart contract.

 

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