Korea's Cryptocurrency Exchange, Bithumb.
The crypto exchange business has seen significant growth across the last 18 months. Exchange volume and user numbers have increased dramatically, driven by the 20X increase in the crypto asset market cap. One of the most exciting developments in the evolving crypto landscape is the introduction of a new kind of exchange. Until now, the market has been made up of two categories of exchanges; Trader Exchanges (designed for professional traders) and Wallet Exchanges (a simpler onramp for crypto-investors, however with limited support).
The problem is these exchanges are not designed to support mainstream retail investors, a potential trillion-dollar market, who make up the majority of future investors (500 million by 2022).
This demographic has two key needs that must be met before they will enter 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 learning resources. The combination of these two elements brings to life a new category; Community Exchanges.
Dacxi (Digital Asset Community Exchange International) is the first-mover in this new category of Community Exchanges, having launched a public beta of both a simple, userfriendly exchange, and a community with content and full functionality for retail-investor support, in June 2018.
Dacxi believes the most effective Community Exchanges provide a complete 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 protect retail investors.