DAEX（Digital Assets Exchange) is a distributed digital asset clearing ecosystem built using a blockchain-based multi-asset clearing and settlement protocol. By decoupling assets and transactions, the system will provide exchanges, corporations and individuals with a full range of clearing and wallet solutions which address key issues in the digital asset ecosystem, such as credibility, availability and the security of their digital assets. In this way, the ecosystem will protect the interests of investors while promoting the fair and stable development of the industry as a whole. Key DAEX partners include Qtum Foundation, 8 Decimal Capital, DFJ Dragon Fund, IDEL, J One Capital, JRR and various other prominent investment organizations.

Part 1: DAEX Products and R&D Progress

The Multi-Asset DAEX Wallet

- Connected EOS, VET, NAS and TRX mainnet wallets to the DAEX Wallet.

- Added enterprise-level features, including bulk addresses, transaction reporting and multi-role management.

- Started the DAEX Wallet beta testing.

- Opened the wallet to the first round of trial users.

As a smart distributed management solution for multiple digital assets, the DAEX Wallet is a vital component of the DAEX ecosystem. DAEX is already serving five exchanges, with DAX tokens set to be a key component when it comes to reducing transfer fees on these exchanges in the future. At the same time, we are giving 1,000 exchanges and corporations an opportunity to test the wallet in a trial run. Exchanges and corporations can login on the DAEX Wallet website and apply to test the product.

Wallet Website Link：www.daex.pro

Upgraded ASPOS consensus algorithm

- Performed code iteration on the ASPOS algorithm

- Designed a clearing chain sharding prototype

- Researched the economic model of clearing chain

- Optimized the Clearing Value Factor (CVF) model

Part 2: DAX Token

Up to now, DAX has been listed on five exchanges, including LBank, Allcoin, BCEX, INDODAX and SEADAX.

Exchanges Website Links：

LBank ：https://www.lbank.info

Allcoin ：https://www.allcoin.ca

BCEX ：https://www.bcex.ca

INDODAX ：https://indodax.com

SEADAX ：https://www.seadex.io

As of 6.57PM (GMT+8), July 30, 2018, the number of addresses holding DAX tokens reached 3,153, which is a 9.48% increase from June (2,880). The total supply of DAX tokens is 2 billion, with 1.39 billion of them distributed for the main net. The current circulating supply of DAX is 370.3 million.

Contract Address: https://etherscan.io/token/0x0b4bdc478791897274652dc15ef5c135cae61e60

Part 3: DAEX News & Events

DAEX attended the Chainers 2018 Blockchain Summit from 1–2 July in Seoul, where we announced our official entry into the Korean market as well as our co-operation with local Korean exchanges and media outlets. At the summit, DAEX co-founder Hana Zhang delivered a keynote speech on “New ways of trading and investment based on blockchain”. South Korea has a huge cryptocurrency market, with more than 3 million cryptocurrency investors, accounting for 7.5% of the country’s total population. DAEX sees great potential for win-win co-operation opportunities in the blockchain industry between China and South Korea.

DAX listed on two major Southeast Asian exchanges

DAX has been listed on Indodax, Indonesia’s largest digital currency exchange, as well as on Seadex, a Thai exchange.

In the near future, DAEX also plans to expand into other important markets such as Russia and Japan. In the next year, we aim to serve 10,000 corporate customers, including exchanges and funds, with distributed clearing systems and multi-asset cross-chain wallet solutions. We will also work with more than 60 investment organizations around the globe to build a new ecosystem for trading and clearing. Finally, we aim to cooperate with 10 or more exchanges to whom we will provide services including technical support, DAX clearing tokens and investment.

Part 4: Community and Marketing

Chinese Community: DAEX announces community growth plan

DAEX is recruiting community group leaders to build a “3.0 Community”. After passing an initial assessment, group leaders become members of the DAEX club, receiving generous rewards such as exclusive business cards, direct access to community partners, special investment quotas and other perks. Up to now, 30 prestigious group leaders were recruited, with their 30 groups being added to the DAEX community. As part of our community growth plan, we are also officially launching a series of exclusive DAEX bounty programs in August!

English Community:

DAEX Videos

The following videos were published to the DAEX YouTube channel this month:

DAEX Roadmap Video:

https://www.youtube.com/watch?v=JSZKaEKRN-A

DAEX Investors Interview — What do they think of the DAEX project?:

https://www.youtube.com/watch?v=3Iz5zSDkjUg

DAEX Core Team Introduction — Know The Team and What They Do:

https://www.youtube.com/watch?v=3O0GS1jOLZQ

DAEX Introduction - The Most Reliable Clearing Ecosystem For Cryptocurrency Exchanges:

https://www.youtube.com/watch?v=JcJy3GBeFw0

Media

The following articles were featured by online media sites:

A Distributed Digital Asset Clearing Ecosystem for Cryptocurrency Exchanges:[Yahoo Finance]https://finance.yahoo.com/news/daex-introduction-distributed-digital-asset-071200836.html?guccounter=1

DAEX Releases First Version of Technical Whitepaper, Includes Details on Clearing and Settlement Blockchain-Based Protocol:[Business Insider] https://www.marketwatch.com/press-release/daex-releases-first-version-of-technical-whitepaper-includes-details-on-clearing-and-settlement-blockchain-based-protocol-2018-07-06

Kakao Group

We created a group on Kakao for our Korean community. The link for the group is: https://open.kakao.com/o/gWJcHBQ.

YouTube Interview (Korean)

During the trip to Korea in July, Ms Hana Zhang was interviewed by a Korean YouTuber (the video has more than 6,900 views as of July 31st): https://www.youtube.com/watch?v=_ofe5B7tBV0

Part 5: Upcoming News

In order to better serve DAEX customers worldwide, the DAEX Wallet will upgrade customized services for enterprise users; meanwhile, the DAEX official website will be launched in early August.

DAEX Marketing

The DAEX content competition is launching in August. Great rewards await those who create content related to DAEX.

On August 15th, DAEX will hold the “ Global Investors And Tech Developers In Blockchain” event, opening the first phase of investor dialogue with blockchain technology developers!

We will focus more on Russian and Indonesian communities in August, so stay tuned!