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$DNX - Biggest Announcement Ever - Summary 🤯
Yesterday @dynexcoin announced their 10 year plan, including transitioning from GPU-based quantum emulation to silicon quantum chips.
Quantum computing is the future, and its currency is $DNX.
Here is everything you need to know 👇
This is a summary giving you an overview over everything announced.
Followup posts going in detail into some of the most exciting parts will follow, so stay tuned for that!
Now lets get into it!
Silicon Quantum Chips: 💾
This is insane.
Dynex have the patent and will build the worlds first large scale silicon quantum chips.
They will be operating at room temperature, which is the holy grail of quantum computing (others need to be cooled at almost absolute zero).
The circuit design and everything is already finished and the technology is patented worldwide.
Currently they are talking with manifacturers to start producing them and they are almost battling each other to produce the first ever silicon quantum chips!
The first version "Apollo" will be build in 2025.
It will have 1000 qubits of processing power, which is already double that of the current best one.
Over the years they will scale it up to 1M qubits, a number that currently people can only dream of.
This is insane. Literally unheard of.
New Economic Model: ♻️
Currently the mc of $DNX does not accurately reflect the companies progress and adoption.
Mostly because most of the revenue goes into miners hands (70%).
This will stop on October 31st with the new model rolling out.
This model was designed by experts from Goldman Sachs etc. and will make sure $DNX value accurately represents Dynex.
Basically the only metric that counts going forward will be the "computing jobs".
And this exact metric (basically adoption) is going parabolic as you can see on the explorer.
So the more adoption (jobs) the more $DNX will be removed from circulating supply.
There will be zero inflation going forward, instead the opposite.
I will get into the details soon in a seperate post but just know this model is INSANELY good for the price appreciation of $DNX.
$50M VC Round (Equity): 💰
This is done largerly to fund the huge venture of manifacturing the worlds first large scale silicon quantum chips.
This is not a "crypto VC round" where team starts selling tokens (they can't because its a fair launch).
They will instead sell equity in the company, so a proper traditional VC round.
VCs are veery interested and so Dynex is targeting to get only the top of the top on board.
Those S Tier VC's not only provide money but an insane amount of attention and recognition.
The amount of doors it opens when having top tier VC's (like a16z, sequoia, etc.) on board is crazy.
Wrappd Token (0xDNX): 🪙
Yes, the long awaited wrapped version of Dynex is coming.
Precisely on the 21st of October the bridge will go live and listing on Uniswap will happen.
The audit for the bridge was done by Halborn and Y3ti audits.
Quantum LLM: 🤖
Dynex has been working on the worlds first Quantum LLM, a revolution in itself.
This marks the beginning of an evolving Quantum-App ecosystem around Dynex.
The first Quantum App, created based on the Q-LLM, will be a quantum code generator.
All possible apps can be developed for the Q-LLM, Dynex is only responsible for the algorithm behind it all.
Once live, every prompt and response from each of these apps like the code generators will trigger a job.
ChatGPT, but better - instant responses, no thinking time.
I saw some people say this is a joke and no one is working on this...
Well yes, this is literally the first of its kind.
When it will go live it will come with a proper academic paper, like basically everything Dynex releases.
Tier 1 Listings: 🏦
Everyone always asks for them.
So Dynex has taken a small VC round with Victus capital to fasttrack the listing process with them.
This was not about the money but about their connections.
Their is no public date yet but listings are not gonna be a problem in the future.
Don't expect Binance by tomorrow obviously, like every other project they have to work up their way in the ladder so there will be lower tier T1's like HTX and Bybit etc. first before you have a chance at Binance.
Quantum Nodes: 🌐
They are the immediate next step into evolving Dynex technology and scalability.
Its a distributed computing infrastructure that allows users to deploy high-performance quantum emulation software.
The first network to join will be @octa_space with many more major cloud computing providers joining soon after.
Nodes will have to have a continent of $DNX
to become one.
They have to pay the gas fees, and they are rewarded in GB-seconds in stable currency.
Another part of the insane new economic model.
They PAY/LOCK $DNX and get paid stables...
A dream come true for everyone involved, node providers and token holders.
Reseller Model: 💸
Another way Dynex will increase adoption is through its reseller model.
Essentially Dynex allows other projects to offer quantum computing powered by Dynex as a service to their customers.
The first reseller will be @nucocloud.
AWS submission: 🛒
Yes the long awaited final submission of Dynex into the AWS webstore will happening until November 15th.
So soon you will be able to purchase quantum computing as a service powered by Dynex straight from amazon!
Hyperloop Italia: 🚄
You already saw the Hyperloop founder praising Dynex and its technology but now the papers have been signed.
Dynex will officially power the first ever Hyperloop construction, currently happening in Veneto, Italy.
"Elon Musk liked this tweet" 💬
New Market Maker: 📈
This is another insanely bullish thing if you are a holder, because the right trading environment in crucial for price appreciation.
In that sense Dynex spared no expenses and hired Acheron, one of the top 3 market makers for dedicated market making for $DNX.
In addition they will add at least one more tier 1 market maker.
Im telling this alone is so expensive other projects (even some in the hundreds of millions of market cap can't afford it)
$4B Yearly Revenue by 2034 - Summary: 💹
Dynex is targeting 25% market share of the ENTIRE quantum computing market and Dynex to be a household name in quantum computing.
If this happends as planned this means $4B yearly revenues by 2034 according to industry forecasts, which is a conservative estimate.
With everything they have (patents, huge team, huge funding, skyrocketing adoption, countless real life customers and alread being the market leader in emulated quantum computing, etc.), this is highly feasable.
Their silicon quantum chips are literally a worldwide revolution, nobody has done this before in a large scale and manifacturers are fighting over the right to producing it.
Everyone wants a piece of Dynex.
I have been telling you $DNX is BY FAR the most undervalued project on the market and after this announcement I hope you understand why and get an idea of the sheer scale of this project.
$10 this bullrun is FUD honestly, and you know Im not a moonboy.
I don't think there is a better long OR short term investment on the market, and its not even close.
NFA 🙂
Oh and before I forget, make sure to watch the actual recording from the live announcement on stage once its out!
I heard the reception from the croud was amazing!
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Other people who realised Dynex insane potential:
@wauwda | @tombheads | @that_investor | @CryptoReviewing | @phoenix_cr47 | @Sykodelic_ | @Oli_Oli_crypto | @_RN03xx_ | @TomNifty | @themarcojo | @fitforcrypto_ | @JohnnyZcash | @Paul250889 | @BraverCrypto | @platacrypto | @YorichiiCrypto | @eschketit | @CryptoNaija042 | @ZenRacc00n | @odbashWizard | @YoussCrypto | @The_Crypto_Zi | @RuggedWojak | @Launchpad_Daddy | @ItsRagnarYT | @QueenBsobo | @kingjunkie1st
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Thanks for reading frens 🩶
All engagement much appreciated as always!
mikro out ✌️
🚨 @Grayscale is rolling out a privacy ETF - that's massive🔥
Looks like this will be good news for projects like $ROSE, $ATOR & $AZERO 👌
Personally, I'm holding a bag of $ROSE and its flagship ecosystem project $IX 👍
Missed $ATOR, unfortunately. But I dig how the project joined the @peaqnetwork ecosystem, making it easy for #DePINs on $PEAQ to tap into ATOR's privacy features 👌
Also, I'm not currently holding $AZERO, but I plan to invest in the upcoming project $ILOCK I @interlockweb3, which is part of the @Aleph__Zero ecosystem 👍
We gotta back the global push for online privacy and take a stand against Big Tech's dominance 🦾
#PrivacyMatters #DePIN