✨ Digitex Weekly Update

175,000+ people in the Blockster waitlist and Blockfarm's successful launch

Hey Digitexers,    We hope you've had a great week. We know the last few days in crypto have been characterized by more regulatory fears, but we've been keeping busy building out our ecosystem. From Bitcoin's drop to plans for Blockster, read on to find out what we've been up to recently.   Fears in the market China's crackdown on crypto continued this week, briefly pushing Bitcoin below $30,000 on Tuesday. After banning mining in key hubs Inner Mongolia, Xinjiang and Sichuan, the country's central bank called for a ban on crypto trading earlier this week.   China's tough stance against Bitcoin has undoubtedly had a negative impact on the short-term price of the asset, but it also suggests that the market may be overreacting to news events. Many miners have begun relocating to areas like Texas and Kazakhstan as a result of the mining ban.   Once crypto completely moves away from China, it could be positive for the health and price of Bitcoin. Nonetheless, the market is currently in so-called "crab mode," with BTC and ETH moving sideways over the last few weeks.   Many DeFi tokens have suffered since May's market crash, with several Ethereum-based apps trading up to 70% in the red. Although conditions suggest a bear, we believe that the wave of negative news is having an outsized impact on the market. Learn more about the China situation in our latest blog post.      A queue of 175,000 people Our wider ecosystem is expanding beyond just Blockster, Blockfarm, and Blockfunder. We're also busy developing a Blockster mobile app, so you can check in with other crypto natives on the go. It launches later this year - look out for more info dropping soon. Plans for launching Blockster are well under way, and we're pleased that our community is looking forward to trying out the platform. Over 175,000 people have joined our Blockster waitlist, so we have high hopes for the network's future as the number one crypto social hub.   Blockster will heavily focus on content, and unlike traditional social platforms, crypto businesses will be able to advertise their services. Any advertisers will have to pay with Blockster's native token, BXR. While 5% of the revenue will be burned, reducing the overall supply, a massive 20% will go to BXR stakers.    That's why we're bullish on the future of the token, and we think now could be a great time to invest in the future. Head to our IEO platform Blockfunder to participate in the token sale, the third phase is open now with tokens priced at $1.50.    Thanks, T he Digitex Team © 2021 Digitex. All rights reserved View this email in your browser You are receiving this email because of your relationship with Digitex City. Please reconfirm your interest in receiving emails from us. If you do not wish to receive any more emails, you can unsubscribe here. This message was sent to nhuatonghop@gmail.com by support@digitexfutures.com Global Gateway 8, Rue de la Perle, Providence, Mahe 1, Seychelles Unsubscribe | Manage Subscription | Forward Email | Report Abuse