The Digitex ICO - January 2018
The Digitex ICO was conducted on 15th January 2018. 650,000,000 DGTX tokens were sold to the public inside 17 minutes at a price of $0.01 per token, along with a 20% first week bonus. $5.4million was raised from 2530 buyers.
The Whale Sale - February 2018
The Digitex Whale Sale was conducted on 15th February 2018. 100,000,000 DGTX tokens were offered to the public in a reverse auction format. After 24 hours the sale concluded at a price of $0.0197 per token. $1.97million was raised from 3,355 buyers.
The Digitex Treasury Token Sale - Ongoing
The second means of funding operations is our ongoing token sale, the Digitex Treasury. The Treasury is a smart contract that holds 100 million DGTX tokens which are released in 10 quarterly token sales, every three months over the next 2.5 years. The first sale opened on 1st March 2019, and the last one will open on 1st June 2021. Buyers can enjoy zero slippage and an instant trustless transaction while helping to fund commission-free trading.
Token Issuance - Starting in 2022
The third stage of funding of the Digitex Futures exchange is token issuance. This is projected to start from 2022 and will be voted on through decentralized governance by blockchain by DGTX token holders. Minting new DGTX tokens will have an inflationary effect on the price of the DGTX token. However, this will likely be very small and quickly offset by increased demand for the token coming from new traders to the platform attracted to commission-free trading and tight bid/ask spreads.