The exchange is now built and we are bolting together the various elements which need to be attached to it so it works as intended. We will be publishing a proper introduction before too long. In the meantime here is a click-through of the main parts: http://digitalmetalexchange.com/wp-content/uploads/2020/11/DMX-Click-through-Nov-2020.mov
This click-through is for the benefit of our community. We trust you not to share it beyond this group.
I am talking about DMX at the GIAC virtual conference on Nov 26.
It's a whole day on gold and other investment opportunities. Amazing speaker line-up including Jim Rickards from the US. And, it's FREE!
You can register at https://goldevents.com.au/
It's a whole day on gold and other investment opportunities. Amazing speaker line-up including Jim Rickards from the US. And, it's FREE!
You can register at https://goldevents.com.au/
Media is too big
VIEW IN TELEGRAM
Full-length interview coming up soon. In the meantime, here's a preview
From the whole DMX family to your family, wishing you all compliments of the season and a healthy, happy and successful New Year.
Check out our latest update below:
http://bit.ly/UpdateDec2020
Check out our latest update below:
http://bit.ly/UpdateDec2020
We have soft-launched the Digital Metal Exchange to the industry, with USD 76 million (at the discounted price) in forward sales of gold from mines in Australia and Ecuador. Subscriptions to the digital assets are now filling, with a total of approximately fifty thousand ounces of the metal available at various discount levels, depending on the location of the mine, time to delivery and so on.
In The Sustainability Paradox - our first podcast in the #FromTheGroundUp series - Rishi and Jeremy talk to Katherine Teh, Australia's sustainable development specialist.
Drop by and have a listen - and we'd love to have your thoughts on this complex and crucial subject as comments!
https://digitalmetalexchange.com/from-the-ground-up/
Drop by and have a listen - and we'd love to have your thoughts on this complex and crucial subject as comments!
https://digitalmetalexchange.com/from-the-ground-up/
Update on MetaliCoin
Dear MetaliCoin Community,
It's been a while since our last update, and we appreciate your patience. The pandemic forced us to put the project on hold, but we're pleased to let you know it is now been reactivated and to share our plans for a relaunch, focusing on the carbon credit market.
We've evaluated how to make the most of the platform and ideas from MetaliCoin and DMX and our learning from our initial foray into metals. Considering legal, regulatory, and technological changes since the project's inception, we expect a faster and more secure deployment. Our experience with both sides of the model has informed a new approach aimed at making adoption smoother. The result is a plan to enter the carbon credit market in a different way from other providers, adopting a forward-sale, project-coin approach.
We've partnered with a venture accelerator in Sydney specializing in digital businesses and ESG projects, starting our collaboration next week.
Our approach remains aligned with the original MetaliCoin and DMX vision, applying it initially to the carbon credit market and adapting our learnings. We aim to identify projects needing funding, pre-sell their offerings, and facilitate the process, including secondary trading in the Institutional/Enterprise space. Additionally, we plan to introduce a consumer token backed by res-sale assets.
For METL holders, this means the creation of a 'carbon-credit backed token' representing a weighted index of all projects, along with project tokens backed by the carbon credit of individual projects.
We've identified an outstanding platform for creating and trading asset-backed tokens, offering features like staking and lending. This platform will be deployed for minting and trading our consumer tokens. The corporate offering will use a modified version of the DMX Platform.
We plan to release the initial 'new-METL' in Q2 of this year, with the transition to actual carbon credit backing shortly afterward. Current METL holders will be migrated to the new platform, providing immediate tradability and additional capabilities. Many of you may choose to sell and we hope to have a liquid market for you to do so. Hopefully some may stay along for the ride.
Our overarching goal remains unchanged – to improve how commodities projects are funded and executed, ensuring widespread participation in the benefits of these projects. We're excited about delivering on this vision in a new and exciting way and appreciate your continued support.
Stay tuned for more updates.
Dear MetaliCoin Community,
It's been a while since our last update, and we appreciate your patience. The pandemic forced us to put the project on hold, but we're pleased to let you know it is now been reactivated and to share our plans for a relaunch, focusing on the carbon credit market.
We've evaluated how to make the most of the platform and ideas from MetaliCoin and DMX and our learning from our initial foray into metals. Considering legal, regulatory, and technological changes since the project's inception, we expect a faster and more secure deployment. Our experience with both sides of the model has informed a new approach aimed at making adoption smoother. The result is a plan to enter the carbon credit market in a different way from other providers, adopting a forward-sale, project-coin approach.
We've partnered with a venture accelerator in Sydney specializing in digital businesses and ESG projects, starting our collaboration next week.
Our approach remains aligned with the original MetaliCoin and DMX vision, applying it initially to the carbon credit market and adapting our learnings. We aim to identify projects needing funding, pre-sell their offerings, and facilitate the process, including secondary trading in the Institutional/Enterprise space. Additionally, we plan to introduce a consumer token backed by res-sale assets.
For METL holders, this means the creation of a 'carbon-credit backed token' representing a weighted index of all projects, along with project tokens backed by the carbon credit of individual projects.
We've identified an outstanding platform for creating and trading asset-backed tokens, offering features like staking and lending. This platform will be deployed for minting and trading our consumer tokens. The corporate offering will use a modified version of the DMX Platform.
We plan to release the initial 'new-METL' in Q2 of this year, with the transition to actual carbon credit backing shortly afterward. Current METL holders will be migrated to the new platform, providing immediate tradability and additional capabilities. Many of you may choose to sell and we hope to have a liquid market for you to do so. Hopefully some may stay along for the ride.
Our overarching goal remains unchanged – to improve how commodities projects are funded and executed, ensuring widespread participation in the benefits of these projects. We're excited about delivering on this vision in a new and exciting way and appreciate your continued support.
Stay tuned for more updates.