Powered by the distributed ledger technology, the platform aims to improve experience of acquiring online businesses by offering a fair and transparent trading solution.
The Dubai-based blockchain marketplace Dynatiq has announced its token sale event planned for launch on the 25th of April, 2018. The company is looking to be a central figure in the domain retail industry, offering a global decentralized domain and website marketplace.
Founded by Abd al Uzza, Dynatiq offers a platform where online businesses, domains, websites, source codes and many other services can all be bought and sold. Abd al Uzza, hopes that the decentralized service, offering zero fees on transactions and robust security, will become the go-to blockchain-based marketplace.
Dynatiq will use the advantages of the blockchain technology to create a platform that is superior to the current alternatives. All traffic and domain verification will be passed through their system and the company promises users that no personal data will ever be stored. Besides, there will be no usernames or passwords.
Using the blockchain escrow solution, the system guarantees that buyers and sellers are equally protected. All transactions will occur in real-time. Money transferred by the buyer will be verified and kept safe by the platform and domains will be delivered to the buyer once when the payment is completed. Dynatiq’s ability to create a transparent and secure marketplace will likely be an attractive offer to those who value these principles.
What’s Next For Dynatiq
Dynatiq has announced its Token Sale that is set to start on April 25, 2018, and finish on June 9, 2018. There will be a total supply of 11,000,000 DTQs (Dynatiq Ticker), with 10,000,000 tokens going for sale. Contributions are accepted in both BTC and ETH, with 1 ETH accounting for 2000 DTQ. There are attractive bonuses of up to 50% available for early adopters until the 9th of May. Read their white paper here for more information.
Dynatiq will be present at both the upcoming BlockShow and Crypto Valley Conference. The BlockShow will take place on 28-29th of May in Berlin, Germany and is a place where blockchain businesses can interact with those looking to implement the technology into their existing business.
The Crypto Valley Conference will run between June 20 and June 22 in Zug, Switzerland. This event will bring together scholars, investigators, developers, CEOs, CTOs, lawyers, researchers, and government officials. Discussions will mainly focus on the latest advancements in the blockchain sphere and future of the technology. The conference covers a wide range of topics, including economy and finance, law and regulation, and real-life applications of the technology.
Market Statistics
In the first quarter of 2017, there were 1.3 million new domain names registered, a growth of 3.7% from the previous year. The total of .net and .com domain name registrations reached over 143 million by the end of 2017.
As of January 1, 2018, a total number of internet users reached over 3,8 billion, if compared to 3.42 billion that was registered in 2016. Google, which is one of the world’s main search engines, has more than 6.58 billion daily searches worldwide. Dynatiq is confident that its solution will help to direct large portions of that traffic through its system.
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