DAEX Profile (DAX)
Project Safety Score
Thu, Oct 28, 2021 9:32 AM
DAEX is a clearing solution for centralized cryptocurrency trading exchanges. Its clearing service is based on distributed ledger technology. Clearing and settlement rules are preprogrammed into clearing smart contracts on the DAEX clearing chain. The clearing process is automatic without people’s interference. The objectivity of clearing is guaranteed by the consensus mechanism on the clearing chain. Also, customers’ digital assets are registered and stored on the DAEX’s clearing chain. No other institutions or individuals can access these assets without the owner’s permission.
Read more in the whitepaper:
DAEX Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
DAEX is a part of the following ecosystems.
DAEX Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
DAEX Safety Report
DAEX has a safety score of 1.4
DAEX is a nano cap token.
DAEX is suited to a adventurous investment style.
This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.
- project website
- project team
- tradingview profile
DAEX Red Flags
Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.
DAEX Development Score
The link to the projects repository has not been submitted yet.
DAEX Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!The overall sentiment is very poor indicating that this project is either not well-regarded in the community or simply no one is talking about DAEX. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
- The overall sentiment is very poor
DAEX Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on DAEX?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall DAEX has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.
- extremely high hashtag tweets
- no reddit articles
- no gitHub account watchers
- no search result count
DAEX Awareness Score
The awareness score indicates how well DAEX is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the DAEX is but a good measure of longevity is how well the project is known by the general public.
Overall DAEX this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- no search result total
- very poor news articles mentioning DAEX
- no news articles directly about DAEX
DAEX Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Good project age (released May 2, 2018)
DAEX Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- very poor USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
DAEX Red flags
Website connection refusedseverity: critical
Refused to connect to the project website (https://www.daex.io/)
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project website
- project team
- tradingview profile
Market Cap Rank:
Bulls v Bears:
DAEX (DAX) 24-Hour Volume Hits $26,552.00Tue, May 18, 2021 11:14 PM
DAEX (CURRENCY:DAX) traded down 7% against the US dollar during the 1-day period ending at 0:00 AM...read more...
DAEX (DAX) 24 Hour Volume Tops $23,684.00Tue, May 18, 2021 8:36 AM
DAEX (CURRENCY:DAX) traded 2.2% lower against the US dollar during the one day period ending at...read more...
Over 60 Major Investment Organizations Join DAEX in Celebrating the Establishment of the DAEXFri, May 14, 2021 1:00 AM
Over 60 Major Investment Organizations Join DAEX in Celebrating the Establishment of the...read more...
DAEX Price Reaches $0.0095 (DAX)Sat, Apr 24, 2021 2:30 AM
DAEX (CURRENCY:DAX) traded up 4.8% against the US dollar during the twenty-four hour period ending...read more...
DAEX (DAX) Trading Up 9.6% This WeekFri, Apr 9, 2021 9:08 PM
DAEX (CURRENCY:DAX) traded 2% higher against the dollar during the one day period ending at 17:00...read more...