Digitex Futures is a commission-free cryptocurrency futures exchange with a rapid-fire one-click trading ladder and high leverage. Traders can buy and sell perpetual swap futures contracts on Bitcoin against the US Dollar and pay no transaction fees on any trades. The company will be adding extra markets such as Ethereum and Litecoin soon after the mainnet launch on April 27. Commission-free trading is made possible by using its own cryptocurrency, called the DGTX token, as the native currency of the futures exchange. Instead of covering costs by charging transaction fees on trades, Digitex meets the operational costs of running the futures exchange by creating and selling a small number of new DGTX tokens each year.
OBSERVER Coin is an utility coin that promotes crowd-sourced weather data trading. Individuals earn OBSR by sending personal weather observations, such as air temperature, pressure, humidity, and fine dust concentrations, to the OBSERVER FOUNDATION. Whenever observations are successfully performed, the details are recorded in a royalty token, ROT, and the data provider receives OBSR as compensation. All observations are subject to quality control by meteorological experts and managed through big data technology. Data buyers can purchase OBSR from the cryptocurrency exchanges for weather data and acquire data through the OBSERVER FOUNDATION.