For DragonEx, the past two-years means a pioneering innovation from zero to one, it means a down-to-earth and well-grounded development, it means never forgot and staying true to our original aspiration. During the past two years, the consistent pursuit of break-through and self-evolving has helped DragonEx establish its own unique features in our field and kept bringing new vitality into our self-development. DragonEx has been surpassing and sublimating itself. Looking back the past two years, although we have been through rough challenges, we also had significant rewards and milestones:
1. DT burnt and DT benefit
On November 2nd, 2018, DT production was halved for the first time. The DragonEx team made a major decision to burn team-owned DT. By reducing the share percentage of the team, bringing the DT benefit back to the community, was the first step moving towards the decentralized development.
- The DragonEx team has burnt a total of 6,374,400 Team-owned DT.
- At the end of 2018, DragonEx established DT Eco-Fund, bought back and burnt 288,985.1426DT, the total cost was 699,615.4822USDT for the last 23 phases. Original DT ecological pool and DK Lotto, 289,179.3294DT was burnt in total.
- In April 2019, 3.7 million USDT DT Special Investment Fund was established to provide a better service to the entire DT community, to improve the response to unexpected events, and to protect the rights of our DT investors. The DT Special Investment Fund provides investments in futures contracts, mainstream currencies, and open platform asset packages.
In the past, since DT was first launched, DragonEx has burnt over 6.9 million DT. The current circulation of all DT is around 18.2 million, and the total participated DT dividends is 21 million. Over 58.8 million USDT dividends has been distributed for DT holders, of which 9.8676USDT per DT with ROI over 20%.
On the occasion of another halving, the DragonEx team promised to increase the DT buy back in the future, ensuring a shift of DT occurs from inflation to deflation and the reduction of circulation to enhance the value of DT.
2. Consolidate Trading Business
On November 2nd, 2017, DragonEx officially launched and created the first transaction mining mode. 100% of the trading commission profit is promised to share with DT holders. Since DT was first launched, over 58.2million USDT dividends has been distributed to DT holders. By far, DragonEx has listed over 100 blockchain currencies and provides with comprehensive trading services such as Spot trading, Leverage Trading, Perpetual Contracts, Options, and Fiat deposit and withdrawal.
- On November 28th, 2018, DragonEx launched Leverage trading and currently 25 leverage trading pairs are supported.
- In December of the same year, DragonEx was the first to create the App built-in Telegram function, users can access thousands of telegram communities anytime and anywhere with DragonEx App.
- On January 28th, 2019, DragonEx was also the first to create the built-in telegram function - Red Packet. On the day, a total of 485 red packets were sent. Over 8,967 participants opened the red packets, and DragonEx telegram community activation ranked No.6 in the world. During the Spring Festival lucky airdrop activity, participants were more than 25,000 people, the community activation ranked No.2 in the world.
- On April 10th of the same year, Perpetual Contracts was launched. On April 29th, Options went live. On May 14th Trading Hub went to the public. On July 15th Grid Trading. DragonEx enriched the trading services gradually to provide users with more financial tools.
3. Expanding the open platform
- On January 10th, 2019, DragonEx launched Open Platform to provide users with a rich experience in blockchain products. So far, eight blockchain products have been offered, such as Grid Trading, Trading Hub, Onchain Entertainment, Coingame, Crazy Zoo, Dragon Land, HyperSnakes, and the Sword of dragon.
- On the 3rd of June, the Onchain Entertainment was launched. Da0001 is the first game asset package for users to subscribe. The price of Da0001 increased over 10X because the game advertising revenue was shared with DT holders.
- On July 25th, DragonEx cooperated with Neoworld to launch the dream continent - DRAGONLAND, which is a multiplayer virtual world based on blockchain technology. DT is the only currency in circulation, and users can create value and get wealth. At present, Dragonland has been operating for 74 days, attracting 282,991 players . It will open the second phase of land auction and more interesting scenes.
4. Building DK Ecology
- On Sep. 18th, 2018, to reward DT long-term holders, and DK, which is DT belief points was distributed to DT holders for DK Super Lotto draw. The first lot of lottery prizes was 13,694.37396USDT.
- On Jul. 30th, 2019, a more comprehensive DK Ecosystem come out with DK Super Lotto 2.0, DK/DT Resonance and DragonEx Angel Group.
- On Aug. 26th of the same year, the frequency of the lotto was raised to twice a week; on October 24th, the DK Super Lotto — Joint Purchase was available.
- By far, 92,662.796DT and 347,500.2867USDT was granted for the last 69 DK Lotto Draw. All together 23,479.92166USDT has been awarded to 599 DragonAngels.
5. International Pace
- In Nov. 2018, DragonEx obtained the EU Digital Currency Operating License and Wallet Service License.
- On Aug. 16th, 2019, DragonEx entered into a strategic partnership with Bitfinex which including cross listing for DT and LEO.
- On Oct. 10th, the launching event of DragonEx Korea was successfully held in Lotte World, the tallest building in Seoul. In the key turning point of the cryptocurrency market, the construction and the layout of the Korean team will play an active and powerful role in the development of DragonEx.
6. Asset Management Strategy
- On Jan. 18th, 2019 DragonEx first launched a solid financial management product “Love Interest”— Valentine's Day special financial plan, and the annual ROI was 10%.
- On Apr. 18th, DragonEx launched the mortgage loan function and 10 cryptocurrencies are supported to mortgage for USDT, while DT still enjoys dividends.
- On Oct. 16th, DragonEx issued 1 million USDT financial subscription with annual ROI of 15% for DT holders to test the market demand.
- On Nov. 1st, DT Financial Management Plan was announced. 50,000 DT for each week, and 180 days for each period with 30% annual ROI. This will stimulate DT's new market demand while accelerating the further deflation of current DT liquidity.
Thanks for being here with us!
It has been two years in a flash, ever since DragonEx initiated the Transaction Mining mode and till today, we have gradually consolidated a solid basic trading services, enriched various blockchain products on the open platform, we adhered to the path of community development and we always put customers in the first place. In the upcoming journey, we will gradually transform into an integrated financial service platform with transaction services, blockchain product application and asset management services.
Along the two years, we would like to say thank you for being here with us. Thanks for all of our users and volunteers like Rommel、LongTeng、XiaoBu、Ximenbuchuixue etc. Thanks for their contribution and support for DragonEx community. Also those famous community stars such as Mysterious Captain、ShiminCapital、Liyong、KuangDashi、ShiDaiMiMa and so on. Because of your enthusiasm, we have a colorful community culture.
We couldn't be more thankful to our own team as well! It was full of challenges for the past two years, but together, the more set backs we faced, the braver we become. From 2014 to present, from the traditional Internet industry to the blockchain industry, our team always stood together, and we hope that we would stay together like we are now, no matter how far the future will be.
We will stay true to our original aspiration with confidence and determination. As for the future of DragonEx, please stay tuned!