A big thank you to everyone that participated in the Public and Private pledges for DCTDAO.
It has been a long couple of months from developing the MVP, and whitepaper to getting an active community of thousands of avid supporters of the project.
The team at DCTDAO truly believe that a secure, cost effective and multi-chain DEX is the future of decentralized financing.
Since our launch yesterday, in 24 hours what have we accomplished?
📲Launched with DEXTools:
🎉 Launched with CoinGecko: https://www.coingecko.com/en/coins/dctdao
💎 Launched with CoinMarketCap: https://coinmarketcap.com/currencies/dctdao/
👉Live on three new exchanges apart from Uniswap:
Our origins started sometime in mid 2020, with the growing global crisis of Covid-19, we noticed more and more traders looking to crypto to hedge and benefit from the renewed interest in cryptocurrencies.
Uniswap leading the charge with a new type of Decentralised DEX really shook the industry up, yet with the massively rising fees, and consistent hacks of exchanges, our team looked at the gap in the market to figure out what can be achieved.
We went to the drawing table and the first thing that struck us was the amazing attributes of the DCOre blockchain.
Fast, near fee-less and with the ability to handle large volumes of transactions, it made complete sense to use DCore as one of the main ‘CORES’ of DCTDAO.
DCores’ future build of DCTDAO DEX will provide the gas-less and fast transaction rates that the crypto community have been craving.
Yet, having a fantastic blockchain to build around is all well and good, but the question remained as to how we could tie Ethereum, and other Blockchain in a para-chain environment. That is where Polkadot and Moonbeam technologies came into place. Having the opportunity for our technology team to deep dive into these two great platforms has opened our eyes to a real interoperable future, where trades can happen at ease across multiple chains in breakneck speeds. Both Polkadot and Moonbeam will be releasing their code sometime in the middle of 2021, by which point the DCTDAO DEX will also be updated.
Finally with the rise crypto adoption also comes the unfortunate stress of dealing with the possibility of hacks. Even with Decentralised Exchanges the possibility exists, for example with BISQs’ DEX hack in 2020. The DCTDAO team in collaboration with some of the biggest minds in Quantum Security coming out of Europe and the US have begun the foundations to Quantum Proof the DCTDAO DEX.
With this in mind, collaborators, pledgers, and users of DCTDAO can rest assured that the team are in this together for the long run. We have a vision and we hope together we can make this vision a huge success.
In conclusion, we couldn’t have done this without you, the pledgers and collaborators, and we are confident that we will grow DCTDAO for a successful interoperable and secure trading future.
For more information about Token Distribution, Wallet Preparation, and Uniswap Listing, check out our guide at :
Follow our channels for more updates about DCTDAO at :
🐦 Twitter: https://twitter.com/dctdao
📖 Medium: https://medium.com/@dctdao
📲 Telegram : https://t.me/dctdao
📲 Telegram Announcements: https://t.me/dctdaoAnnouncement