FUD FAQ | A Weekly Community Thread | Week 8
FUD FAQ | A Weekly Community Thread | Week 8
Top Question of the Week
• How does the current market psychology impact DIGITALAX?
Well, first of all, we are crypto native and so is our treasury. Therefore, red candles are always disheartening. But, with that said, there important counter-veiling elements; number one, our team and project isn’t driven by price action alone. This isn’t about paper hands versus diamond hands. We are here to genuinely take on the responsibility of our commitment to development of the broader ecosystem, and that means practicing anti-fragility in everything that we do. When done correctly, the weaker the market the stronger we get, AND, the stronger the market, the stronger we get. Also, in order to reinforce this— for added market defensibility and treasury diversification we deployed DRIP, which accepts payments FIAT and is targeted towards a recession and bear market proof market segment— boutique apparel sales at the forefront of fashion are independent from market conditions, particularly crypto market conditions. DRIP is a big part of our ecosystem and is actively being built out, scaled up and further enhanced to combine with our Ambassador program, DIGIFIZZY magazine and ESPA in-game skins. With DRIP we are onboarding non-crypto natives into digital fashion and decentralised commerce.
Further, DIGITALAX also has some big ESPA launches coming up that have been in development and planning since February. We are launching both Minecraft Bedwars and Roblox Obbys casual esports tournaments and NFT skin drops in the coming weeks, where the partner servers across both games have an active player base of over 23million+. This is absolutely HUGE for our market growth and also an amazing opportunity to bridge others into web3. This is how web3, decentralisation, crypto and NFTs scales for adoption.
Most Common Repeat Questions
• What is the roadmap for the DIGITALAX Ambassadors?
Our Ambassador program is very new, only launching 5 days ago. However, we have BIG plans for not only our first 4 Ambassadors, but rather the whole program itself, and how we are developing a scalable deco only fans for creators making their way into web3 across all medians; art, fashion, culture, music etc.
The Ambassadors will be supported to release their own NFT drops and create an entire personalised ecosystem around their content. The first releases will come through DIGIFIZZY and the unlockable content drops + unlockable magazine pages.
All of our Ambassador’s are incredibly talented across their realms. If you haven’t looked into them yet, check out here!
Top Controversies in the Industry
Is the market being completely manipulated? Seems like a concerted FUD campaign….
Silly Fails and Trolling
When a web2 platform/company tries to enter the web3 space… I mean … come on instagram. This was just a complete, obvious fail. See the full thread.
If you would like a question answered or contribute content to next weeks article please reach out through our DIGITALAX discord server in #FUD-FAQ channel!
Join our Community!
• Twitter: https://twitter.com/DIGITALAX_
• Discord: https://discord.gg/DKbSqRGtKv
• Medium: https://medium.com/@digitalax
• Telegram: https://t.me/digitalaxTG
• Github: https://github.com/DIGITALAX/
• Instagram: https://www.instagram.com/digitalax _/