Found this on another site, interesting read ! Happy days to come IMO .
Updated DigitalX Operational Position and Briefing: February 2018
As of the recently released December 2017 Quarterly Report, DigitalX has in excess of $16 Million USD in liquid assets.
Digital X generated a profit of $861,000.00 according to their December 2017 Quarterly report. How many startups can you think of doing these kind of numbers? Please read the quarterly report linked below carefully.
In the last year the company has shifted to a strategy that leverages their strengths in blockchain coding and consulting for the purpose of developing ICO's for companies and organizations. Please see the interviews below for insight into the direction of DigitalX business operations.
Blockchain Global Limited, the operator of Australia's largest Cryptocurrency exchange, ACX.io is DigitalX's primary investor, holding up to a 40% interest in the company. This relationship creates a great deal of synergy in the cryptocurrency and token space.
In just one year DigitalX has developed an impressive portfolio of Tokens via it's coding and consulting arms. Primary among them;
Estimated minimum cash and digital asset value as of 17 February 2017 = $16,989,000 USD.
This is an increase of over $1,000,000 USD even through the market dip of January and February! If DigitalX liquidated a portion of their AGI portfolio shortly after it was released for trading on January 31st when AGI was trading between $1.60 and $1.20, the cash and digital asset value will be significantly higher. While this is speculation, it is in line with Leigh Travers business strategy as stated in the interview by Nugget which is linked above.
Coin Portfolio in ICO Description:
INS -INS Ecosystem, 250,000 tokens - Not yet in circulation - in ICO now
CHP - Coinpoker, 7,500,000 tokens - Not yet in circulation - in ICO now
BITCAR - 4,500,000 - tokens Not yet in circulation - in ICO now
Bankera, a digital bank for the Blockchain industry has come a long way since the first launch of the pre-ICO and has now raised over 90 million euros from nearly 70,000 contributors, making it the largest ICO in relation to number of contributors and in the top 10 biggest ICOs according to the amount raised. Bankera has three main focus areas, IT infrastructure, licenses, and capital and the co-founders announced last week the acquisition of the Pacific Private Bank based in Vanuatu.
INS Ecosystem aims to disrupt the $8.5 trillion global grocery market by creating a platform in which consumers can purchase goods directly from manufacturers in an efficient and affordable manner. INS Ecosystem targeted a sale of 30 million INS tokens. DigitalX received 250,000 tokens in consideration for corporate advisory services provided with 125,000 of these INS tokens to be distributed over the next three months (valued at US$2.52 as at 31 December 2017).
BitCar is an exotic car ownership platform that combines two of the best performing asset classes, cryptocurrency and exotic cars, for corporate advisory services ahead of its ICO. DigitalX will receive approximately 4 million tokens in the project for corporate advisory services and additional fees for introducing the project to the Company’s network.
CoinPoker, a platform for online poker games to ensure provably fair and true gaming will issue 375 million chips (CHP) tokens to the market to fast track its vision as the official currency for CoinPoker. DigitalX will receive a corporate advisory fee of 7.5 million CHP tokens plus additional fees of approximately $40,000 in ETH for advisory services and introductions to its network.
Other Market Spaces:
Bitcoin ATMS:
Stargroup - 20,000 ATMs in Australia being coded to be capable of buying and selling Bitcoin and Ether derivatives. DigitalX gains monthly fees and a minority share of revenues for two years. DigitalX and the primary owner of the ATMs are starting with this this play in Australia and will expand it to greater Asia where they operate many more ATM's.
Mobile Payments:
Airpocket - Introduced as a mobile payment system in Central and South America. Significant partnering initiatives in progress to promote this payment system already underway. App is operational at this time. Large focus is in Mexico and Texas at this time. DigitalX has conducted a review of the IP associated with the AirPocket application and is actively reviewing opportunities to direct the software at emerging markets in the cryptocurrency and blockchain spaces. The Company sees potential for developing the blockchain transactions and identity management software underlying AirPocket, and will soon release plans for further development and commercialization of AirPocket.
Market Maker:
DigitalX recently announced their intent to re-enter the ACX.io as a market maker. This is where the synergy of the BGL , operator of ACX.io, comes into play. Approximately 1 million ASD of the current liquid assets of DigitalX will be committed to this play.
Consulting:
DigitalX has been selected by the NCX Cryptocurrency exchange to consult and code. Compensation includes a 6 month term of cash payments and a two year minority share in NCX revenue.
If you choose just one of these plays to drill down into, I recommend SingularityNET. This is a blockchain AI initiative to facilitate the exchange of scientific and technical expertise and computer time. The ICO raised $33 million in sixty seconds and there was $330 million that was offered up but not accepted due to the fact that the ICO filled so fast. SingularityNET is the group the built Sophia the robot. There are so many scientists, universities and large corporations involved here that I would have to write another post just to explain. Singularity.Net website
Closing:
From the December 2017 Quarterly Report, "DigitalX cemented its position as the world’s leading publicly listed ICO advisor to close out 2017. The combination of the highest quality technical talent, industry experience, investor and exchange network, marketing partners and compliance focus has proven to be a valuable addition to projects looking to launch their own digital asset."
This is IMHO a Tiger in the making!
DCC Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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