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How Plasma and Digitex Will Accelerate Crypto’s Mass Adoption

Crypto futures exchange Digitex Futures Ltd has recently launched its live demo and announced its new collaboration with the core developers of Ethereum’s Plasma, Matter Inc. Adam Todd, the company’s founder and CEO, is going to take part in this week Malta Blockchain Summit, where he will speak on the topic of Ethereum blockchain and Plasma, as well as its impact on Digitex.

During his speech, all the rest Summit participants will be able to watch a live unveiling of Digitex’s demo, ahead of its scheduled Version 1 launch of Digitex Futures in December 2018.

According to Adam Todd, the decision to choose Malta as the location of the live demo was made due to the island nation’s progressive views on blockchain:

“Malta is, without doubt, the Blockchain Island and we feel at home among so many brilliant and receptive minds. We can’t wait to make history not only by knocking the futures industry on its head but by adding the most secure and technologically flawless Plasma solution to our platform.”

The Early Access Waitlist for joining the Digitex platform is currently available for the newcomers, with more than 400,000 people, who have already signed up. The company offers special bonuses for the early participants. The first 5,000 users will be granted with 1,000 Digitex native tokens (DGTX) and will be able to use the futures – referrals will bump users up that list.

Digitex represents itself a company that has been chosen among thousands of others to become one of the first platforms to incorporate Plasma into its technology tech.  Above all, it will be the first hybrid digital exchange to offer Plasma.

The exchange differs from all others as it allows traders to use Digitex Futures and to buy and sell Bitcoin, Litecoin, and Ethereum futures contracts with zero commissions. Profit and loss will be in DGTX denominations, with the token entrenched in the top 100 cryptocurrencies (by market capitalization) after strong growths over the past weeks.

Adam Todd has expressed his excitement about the unique opportunity to implement Plasma, the much-touted solution to Ethereum’s scaling issues, noting that Digitex was a logical choice to do this:

“We’re breaking the mold with our commission-free non-custodial trading model and now we’re able to offer our traders the most cutting-edge technology solution available. We couldn’t be happier.”

The company’s innovation in tandem with Plasma solution allows for countless decentralized application (DApps) on the Ethereum blockchain to scale quickly to massive audiences. The collaboration with Plasma developers will allow for making billions of transactions off-chain, which will propel crypto into the true era of mass adoption.

Research head at Matter Inc. Alex X explained that users will experience a shift in power, as they gain ownership of data and, therefore, greater responsibility:

“I think that the implementation of a non-custodial futures exchange is a great first step on this long road – it does not require an enormous R&D to achieve great user experience as in the case of decentralized spot markets (also known as decentralized exchanges or DEXes), but allows to start building an ecosystem and shift users habits from centralized to decentralized solutions.”

DGTX has also been recently listed on leading crypto exchange HitBTC so is freely available on the open market.

How Plasma and Digitex Will Accelerate Crypto’s Mass Adoption

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