Crypto Spotlight 053 – Substratum, Digitex, Codex & Vegan Nation
Don’t let the downturn in the crypto markets fool you. Blockchain technology is no respecter of prices. Brilliant and entrepreneurial people and businesses around the world are moving the crypto world forward. And we are fortunate to speak with these movers and shakers on a regular basis.
Today is no exception… and yet the guests are exceptional. Get ready to learn as you listen to today’s sponsored crypto spotlight edition of The Bad Crypto Podcast.
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THIS IS A SPONSORED EPISODE OF THE PODCAST
Amplify Exchange is a cryptocurrency exchange focusing on fiat to Altcoin markets. The concept was born out of the original Substratum ecosystem, which provides access to a decentralized internet. Now crypto market participants have the ability to connect, earn, and spend their digital assets like never before. Three separate products (Amplify Exchange, CryptoPay, and Substratum) that stand on their own as functional powerhouses within their own sphere of influence but when combined become a symbiotic software suite that solves the basic needs of each of our digital lives.
Digitex Futures uses blockchain technology to eliminate transaction fees, decentralize account balances and govern itself autonomously.
Traders speculate on the price of Bitcoin against the US dollar, but their trading profits and losses are paid out in DGTX tokens. This means that traders need DGTX tokens to enter a trade, and this creates demand for DGTX tokens from traders.
Digitex covers the cost of running the exchange by creating a small number of new tokens each year instead of charging transaction fees on trades. Commission-free futures markets on a stable, fast and secure trading platform will attract large numbers of traders who must buy DGTX tokens to participate, creating increased demand for DGTX tokens that offsets the small inflationary cost of creating new tokens.
Jess Houlgrave, Co-Founder & COO of Codex Protocol explains how Codex puts both digital and physical assets on the blockchain to helps artists and art consumers achieve a number of benefits. She also explains the new partnership with Biddable to help auction houses accept cryptocurrency for payments, which allowed Codex to hold an auction in NY during Ethereal Summit. During the summit, Codex auctioned off the world’s most expensive cryptokitty for a price that will surprise all of our listeners!
Codex also helped set up the foundation for Arts and Blockchain, which is designed to support artists working with blockchain and help them understand what blockchain means for their practice and work.
Rena Thomas is the blockchain engineer and smart-contract developer at VeganNation. A former JP Morgan Chase professional, Rena quit the banking industry to work alongside her vegan brother, Isaac – founder and CEO of VeganNation – to bring about a disruptive change to the financial and agriculture markets. Rena studied mathematics and physics at Yeshiva University and computer science at Ben Gurion University in Be’er Sheva. Rena is taking her passion for science and technology to transform the way people think about the flow of value, consumerism, and collective consciousness. She’s applying it at VeganNation, the first decentralized nation for vegans uniting around a shared economy and powered by the VeganCoin.
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