DexioprotocolDEXI
$0.0000159
Market/Exchange
DEXI Price Prediction and Price Movement
DEXI has been down 71.54 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that DEXI's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if DEXI is backed by a solid development team and whether DEXI's technology has any potential to grow.
Please note that this analysis is purely base on DEXI's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Dexioprotocol Price Chart
About Dexioprotocol
To learn more about this project, check out our deep dive of Dexioprotocol.
What Is Dexioprotocol (DEXI)?
Dexioprotocol (DEXI) is a community-driven, multi-level protocol with a focus on creating a GameFi ecosystem. The goal is to create a vast ecosystem of games and interdependent relationships within our apps, wallet, network, NFT platform, and exchange.
DEXI is our native token and serves the following purposes:
- DEXI will be used to pair with other tokens we list on our network
- DEXI will be staked to receive DexiGov, a non-blockchain asset that gives its holders the ability to become validators on the network as well as earn dividends from corporate profits
- DEXI will be used to stake in order for non-validators to “mine” DXG
Since DEXI launched, the company has launched:
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DexiWallet, where users can store and swap their digital assets and get up-to-date market information customized to their particular goals
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Dexigas (DXG), the in-game currency for blockchain based transactions and network gas token on the Smart Dexio Network
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DexiMarketplace, an NFT marketplace for creators and collectors
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DXG GameEmporium, a space to purchase or resell upgradeable gaming NFTs for use in its gaming ecosystem
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DexiKnights, an extremely competitive PvP/PvE game using upgradable NFTs where you’ll can to battle your way through realms, challenge other players, and upgrade your weapons directly through gameplay
Future plans can be found on the Dexioprotocol roadmap on the company's website. These plans include:
- DexiSwap: our very own decentralized exchange for partner projects and exciting newcomers to the gaming and networking space
- Smart Dexio Network: By having our own network we will be able to pair other tokens with DEXI, minimize gas fees, increase the speed of transactions, manage governance
- DexiCash: A non-blockchain in-game currency that can be collected in our games or purchased through in-game purchases on the AppStore and PlayStore, providing flexiblity for those unable to participate in crypto due to regional llaws to still participate in the ecosystem
- A series of games in development now, including DexiCarnival, Legends of the Dexiverse, DexiHero, and the flagship augmented reality application, DexiHunter
The people behind Dexioprotocol have a record of developing applications and smart technologies, and these are two areas the team strives to bring together in the blockchain space. The main goal of the project is to arouse the maximum public interest in the crypto market and tell about possibilities and advantages of cryptocurrency.
Who Is The Team Behind Dexioprotocol?
The Dexioprotocol executive team includes Don Reyke, founder and CEO, and Greg Gould, COO.
Don is an experienced software engineer capable of programming in several languages. His passion for software development and programming started at a very young age. Don has an ambitious plan to explore and implement systems that give the public a chance to familiarize itself with cryptocurrency, blockchain technology, and the many possibilities smart contracts provide in business, recreation, and education
Greg is an American businessman and entrepreneur with over 20 years of experience in business management and operations. His strengths are in personnel and team development which exponentially increases the performance of business operations. Greg’s primary role with Dexioprotocol is to facilitate the high functioning operations of both the project and its goals as well as the internal mechanics of the business itself.
Dexioprotocol has a team nearing 50 individuals supporting operations, game development, mobile app development, augmented reality development, design teams, and managers supporting its community. See more about the doxxed team and their background here.
What Makes Dexioprotocol (DEXI) Unique?
With a complete ecosystem of play-to-earn games, Dexioprotocol wants to introduce the world to the possibilities of blockchain technology. Their aim is to become the industry standard in Augmented Reality (AR) application development, in addition to revolutionizing blockchain-based gaming, launching the most user-friendly NFT platform found to-date, and developing their own blockchain network and swap exchange.
How it works: collecting AR rewards is a motivation for users, as well as collecting NFTs and in-game coins. Distribution of rewards depends on the level of physical activity of users themselves. The platform also acts as an educational resource for participants. In addition to all the above, Dexioprotocol will launch MMORPGs — massively multiplayer online role-playing games with the same unique features as the Dexi Hunter App.
Of the obvious advantages: the NFT game industry is developing rapidly, trading volume is gaining momentum. Dexioprotocol (DEXI) can discern the obvious potential of the current situation and take its place in the blockchain world. The developers plan to do everything in their power and expand the gaming experience with augmented reality.
Related Pages:
Read about Dexigas.
CMC takes a deep dive into Dexioprotocol: features, tokenomics, price prediction by the link. What is a non-fungible token (NFT)? Learn more with CMC Alexandria.
Read about PancakeSwap.
What is augmented reality (AR)? Click here and find out.
Check the top NFT games in 2021 here.
How Many Dexioprotocol (DEXI) Coins Are There in Circulation?
The platform is powered by the DEXI token, which was released on the BSC Mainnet. Dexioprotocol (DEXI) has a maximum supply of 500,000,000,000 $DEXI.
DEXI is a deflationary cryptocurrency: there were no pre-sale events, the creators burned 25% of the tokens during the launch phase (as voted by the community), 45.9 billion tokens were burned five weeks after the launch date, and an additional 10 billion were burned in October 2021 (again, as voted by the community.) Liquidity has been locked.
The current tokenomics are 5% of every transaction which is rewarded to the holders. The burn wallet is not excluded from this reallocation, so a portion of DEXI is being burned with every transaction. Thus, the token contract rewards everyone who holds DEXI, and burning of tokens increases its value (or stabilizes it), while preserving factors such as convenience and quality of service.
Upon migration to the Smart Dexio Network, the total supply of the tokens will be reduced by a ratio of 1000:1.
How Is the Dexioprotocol Network Secured?
Dexioprotocol (DEXI) can be securely stored on supported wallets that are connected to the Binance Smart Chain (MetaMask, TrustWallet, Binance Chain Wallet). Furthermore, Dexioprotocol has its own DEXI Wallet.
Protocol data is processed by a smart contract, and Dexioprotocol's smart contract operates as an BEP-20 token on BSC. The Dexioprotocol network (including DXG and the DexiMarketplace) passed a successful audit by Brewlabs, the company conducted a comprehensive code review for vulnerabilities.
Where Can You Buy Dexioprotocol (DEXI)?
Dexioprotocol (DEXI) can be easily bought and sold directly using USDT on LBank Exchange, MEXC, P2PB2B, or swapped on PancakeSwap (V2) — a decentralized exchange (DEX) for swapping BEP-20 tokens on Binance Smart Chain (BSC).
All trades on PancakeSwap exchange are executed automatically using smart contracts, which eliminates counterparty risks. The Dexioprotocol contract address on BscScan is 0x29b1e39a529d3b3cacea55989594f71813e998bb.