A Sydney-based cryptocurrency investment platform tries to make exposure to digital assets simple and easy for retail investors.
Digital assets and blockchain are the future, that’s clear.
But what is not so clear is how to go about investing.
“There are around 10,000 cryptocurrencies today,” said Dacxi CEO Ian Lowe. “In five years a very, very small percentage of these will survive. “
It’s a bit like the dot-com boom of the late 90s and early 2000s, he says.
“It was a bit speculative, and there was money being splashed around, and some of the companies were never going to survive – it’s kind of analogous to the emergence of cryptocurrencies.”
Dacxi tries to solve this problem by making it easy for people to invest in cryptocurrency bundles, as well as offering tokenized precious metals.
“The premise here is the mindset of investors; an individual can build, they can have access to all of these asset classes and build a portfolio that suits them, ”Lowe explains.
For those who wish to invest in major cryptos, Dacxi offers a Blue Chip Bundle that includes 50 percent Bitcoin, 20 percent Ethereum, 10 percent Litecoin, and 20 percent Dacxi coins.
There is also the Blue Ocean Bundle – 30% Polkadot, 30% Chainlink, 20% Stellar and 20% Dacxi Coin.
“This is a selection of what we would call level one cryptocurrencies,” Lowe explains. “We believe they have a really viable future and offer really significant value accretion potential.”
Finally, for investors interested in a more traditional defensive asset, Dacxi offers a set of precious metals in collaboration with ABC Bullion to facilitate exposure to gold, silver and platinum (plus Dacxi Coin).
Do not trade, invest
Lowe says Dacxi’s clients are people who want to invest rather than trade.
“You will have heard a lot about the passive investment strategy as opposed to the active investment strategy,” he says. “Seven times out of 10, the passive investor comes away with the biggest return, not trying to predict market cycles, which in crypto is particularly difficult.”
This approach makes cryptography more accessible and less intimidating, Lowe says.
He notes that although the cryptocurrency is dominated by men, around half of Dacxi’s customers are women.
“We think it’s fantastic,” he said.
Dacxi, he adds, really focuses on “getting people in, making it easier for them and giving them an organized catalog of opportunities to invest in.”