Digitex - One click cryptocurrency trading

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northbound
Posts: 737
Joined: Mon Mar 20, 2017 11:22 pm

I just found out that Adam Todd, ex-Betfair trader that most of you are probably familiar with, has now founded Digitex, a platform for one-click cryptocurrency trading.

Gutted that I didn’t discover this earlier as I would have invested in the ICO (now sold out).

https://digitexfutures.com
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Kolop
Posts: 14
Joined: Fri Jan 03, 2014 5:02 pm

Clever man Adam, ahead of so many on Betfair I wish him luck.
K
macko
Posts: 3
Joined: Fri May 25, 2018 12:05 pm

Hi.Do you think its a fraud or a stock exchange?
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to75ne
Posts: 2311
Joined: Wed Apr 22, 2009 5:37 pm

just hope its not as buggy as that flash software he used to use.
eightbo
Posts: 2125
Joined: Sun May 17, 2015 8:19 pm
Location: Malta/Germany

Loool I remember this. Amidst all the crazy Crypto ICO hype. I love their site.

https://coinmarketcap.com/currencies/digitex-futures/
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

macko wrote:
Sun Feb 03, 2019 1:14 pm
Hi.Do you think its a fraud or a stock exchange?
Reminds me of penny shares, it was no surprise to me he became an estate agent after dumping his trading software to the Aus guy.
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Naffman
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Joined: Sun Aug 11, 2013 5:46 am

Seen the Aus guy has invested heavily in Digitex too

Adam Todd + the Old Centaur employee = AVOID
eightbo
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Location: Malta/Germany

https://www.youtube.com/watch?v=wxEEXVppr4o&t=1m57s

1st question he answers: "Is the team dumping tokens?" :lol:

Concept seems logical enough though.
mobius
Posts: 203
Joined: Wed Oct 18, 2017 10:15 am

Quadriga: Cryptocurrency exchange founder's death locks $140m
7 hours ago
https://www.bbc.co.uk/news/world-us-canada-47123371
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Naffman
Posts: 5161
Joined: Sun Aug 11, 2013 5:46 am

Good old Adam Todd, and it seems from 3 years ago I mentioned the 4 tick offset guy was heavily in this as well, good job guys :lol:
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Euler
Posts: 22796
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

I hadn't paid any interest in this from start to finish. But Adam has put up the whole story on a blog: -

https://blog.digitex.io/my-digitex-jour ... f-digitex/

Sounds like he struggled to get traction on it until he offered tokens for promoting it. Then launched the ICO and raised $5m in Crypto, but the market crashed.

Rather than cash out to fiat currency he held Crypto as it fell and used that to fund development work.

Spend ages in development before firing the development team.

Now announces that the exchange concept is dead and pivoting into Blockster, a 'crypto lifestyle magazine'

Market crashes.....
transferFunds
Posts: 22
Joined: Mon Feb 07, 2022 2:42 pm

Euler wrote:
Thu May 12, 2022 9:28 am
I hadn't paid any interest in this from start to finish. But Adam has put up the whole story on a blog: -

https://blog.digitex.io/my-digitex-jour ... f-digitex/

Sounds like he struggled to get traction on it until he offered tokens for promoting it. Then launched the ICO and raised $5m in Crypto, but the market crashed.

Rather than cash out to fiat currency he held Crypto as it fell and used that to fund development work.

Spend ages in development before firing the development team.

Now announces that the exchange concept is dead and pivoting into Blockster, a 'crypto lifestyle magazine'

Market crashes.....
He'd probably make a fortune selling on his 'client/sucker' list to some Indian or Nigerian call centres.
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Euler
Posts: 22796
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

He said in that post, that this was how he established the client base in the first place!
After another similar false start in December, an affiliate marketing friend of mine told me that I needed to make the ICO go viral by rewarding people who shared the link with their friends. So I set the ICO date for January 15th 2018, and created a mechanism on the website that gave away 1,000 DGTX tokens for every friend that someone referred to join our Digitex ICO waiting list. The ICO price of DGTX was going to be $0.01 so that was like getting $10 for every email you referred to our list.

After a slow start the emails started to trickle in at the start of January. Then the trickle became more of a stream and then we got discovered by the Nigerian spamming community and shit got absolutely crazy. Links to the upcoming Digitex ICO appeared just about everywhere – no Telegram or Facebook group was safe, and in the final days leading up to the ICO we were getting thousands of email signups per hour. By the morning of January 15th, our waitlist reached 250,000 emails, from a standing start of zero a few weeks earlier.
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