DxChain - Big data on the blockchain

DxChain (DX)

What is DxChain?

DxChain is a protocol that aims to create a decentralized cloud storage platform with a focus on data science. It allows users to save sensitive data and documents, as well as utilize the information by performing experiments and tests.

Why does DxChain have value?

DxChain has a valuable approach focusing on the utilization of scientific data. However, there are more popular blockchain projects aiming to activate decentralized storage; like Sia and Filecoin.

What are the Pros of DxChain?

●       Offers a private and secure way to store sensitive data.

●       The network is decentralized.

●       Strong focus on big data.

What are the Cons of DxChain?

●       It’s not available on many exchanges.

●       There are big competitors in the decentralized data storage ecosystem.

What are DX’s tokenomics?

The total supply of DX is 100 billion, but the maximum supply has not been announced. 25% of the supply was sold in the token sales; 3.85% was reserved for marketing; 6.25% was reserved for the foundation; and 5% went to the team members.

Who founded DxChain?

Allan Zhang and James Li.

Who are DxChain’s investors?

DxChain has conducted two funding rounds. The main investors are Consensus Lab, ICONIZ, and BlockVC.

Concise Crypto Grade:

C  :DxChain is a another player in the decentralized cloud storage space. They have a special focus on scientific data which can be useful for the future of AI and Machine Learning. DxChain hasn’t received as much attention as it’s competitors but it does plan to build out it’s ecosystem with additional focuses including P2P payments and a decentralized finance ecosystem. The greatest thing about DxChain is it is decentralized with over 200,000 nodes and over 140 validators.

Where can I buy DX?

Gate.io, ProBit Global, Bgogo.

What ecosystem does DxChain run on?

DxChain