CEO Unchained: Adam Todd, CEO of Digitex
What is the definition of an innovative startup CEO? A CEO that has a tolerance for risk, an intense drive to succeed paired with a strong work ethic, and a diverse set of skills unlike anything any other job in the world would require. The title of “startup CEO” cannot be worn by just anyone, especially when you face up to a 90% failure rate.
The key to startup success encompasses three things:
A set strategy
The right team
An ability to raise funding
Digitex is a “commission-free futures exchange with its own native cryptocurrency, the DGTX token.” The company is run by the dynamic force of nature, Adam Todd, a CEO that is completely unchained from the traditional confines of the corporate environment. He has set the blockchain world on fire, especially since his live demo at the recent Malta Blockchain Summit event earlier this month.
You can view the video here:
Following this demo, some of the Digitex supporters were apprehensive about Todd’s ability to lead the company as it enters the final stages before launch of their revolutionary platform at the end of the year. The reason for the apprehension was not because Todd is not knowledgeable about his product (he’s the lead developer on the team), but because he was a little free with his choice of words during the demo.
Welcome to the Blockchain where we do things a little bit differently than in the world of the three piece suits!
Here, we have the innovators like Vitalik Buterin, founder of Ethereum, Jameson Lopp, now the CTO of Casa, and John McAfee, founder of McAfee- Cyber Security Solutions.
Buterin has been overly outspoken about his opinions concerning crypto and where it’s headed as far as growth is concerned. He has been widely criticized for some of his beliefs and yet he has stuck to his guns.
To be clear, I never said that there is "no room for growth" in the crypto ecosystem. I said there is no room for 1000x price increases. A 1000x price increase from today means $200T in crypto, or ~an entire 70% of today's global wealth being in crypto.
Vitalik Non-giver of Ether (@VitalikButerin) September 12, 2018
Jameson Lopp is well known for being paranoid about personal and cyber security, going so far as to move off the virtual grid and dare anyone to find him, promising a hefty reward to anyone that was successful.
John McAfee recently got a tattoo along his spine mid back to show his support of Skycoin and posted video of his experience on Twitter. Believe it or not, this is not the most outlandish thing he has done along his personal crypto journey. A quick Google search will bring up more than a few results.
Are any of these men conventional in their approach to the world or technology?I got a Skycoin (https://t.co/2oeokRUOME) tattoo today. My tech folks will stitch a two minute video together that should capture the essence of the experience. For now, this short clip should summarize. Why Skycoin? If you have to ask, you've been living in a fucking closet. pic.twitter.com/c6plwQrH2t
John McAfee (@officialmcafee) November 7, 2018
NO!
Look at how much they have contributed to the world of technology and to the crypto space. Now, look at Adam Todd again. He has joined the ranks of the tech innovators that are unchained and completely themselves.
Focusing on Creating Renowned Products & Services
When you aren’t wasting time on trying to imitate someone that you’re not, you have plenty of time to focus on creating world changing products and services, like the Digitex Futures exchange.
Todd’s real-world experience as a Futures Trader in the pit of the London International Financial Futures & Options Exchange (LIFFE) and then Founder/CEO of RacingTraders.com Ltd makes him the perfect person to run a company like Digitex Futures. Futures trading is fast paced and requires investors to have some brass tacks (for lack of better wording) in order to stay in the game when volatility takes over and the market swings rapidly.
Who better to steer the ship than Adam Todd?
Establishing a Startup Strategy
An innovative CEO of a startup needs a good, sustainable strategy that will steer the company into the future. For Digitex, the strategy is to develop technology that has never been available before in order to pioneer commission-free crypto trading and lay out groundwork for other innovators to follow, if they dare to.
Part of the strategy is to form strategic partnerships and alliances that are mutually beneficial. One such partnership is the recently announced Digitex/Plasma solution that will help Digitex scale into something larger.
Plasma allows for side chains off of the main blockchain where billions of transactions can happen offline then get recorded onto the blockchain via smart contracts using an ETC-223 token.
Building a Rockstar Team & Funding the Business
The team at Digitex, led by Todd, has spent months listening to traders and figuring out what they really need. An ICO put out in January sold out in 17 MINUTES and totaled $5.4 million! The market responded to the Digitex plan of cutting out the middleman and allowing traders to take charge of their own money and trades. If you watch the demo video, it’s obvious that he has faith in his team and their abilities.
The blockchain technology space is innovative and it’s unlike any other industry in the world. We get to watch history being made every single day by innovative startup CEOs like Adam Todd, Vitalik Buterin, Jameson Lopp, & John McAfee, nothing is more exciting than this! A friend of mine was an integral part of the DotCom era and she compares this to that time frequently. Think about how much the world changed from those innovators and those new technologies and maybe you can come close to imagining how much the world is changing now.
Adam Todd and Digitex Futures will change the way traders live their lives and give access to newbies that have never had the ability to get into the market before. Demos like the one done in Malta can teach us so much about how this technology will work, check back to the Digitex website often for updates or join the waitlist!
Connect with Digitex on Social Media:
Watching the video - I think adding the credit card functionality so that people can instantly get DGTX tokens into their account seems to me like it will be an important part of streamlining the system. Todd comes across authentic and passionate - I think there is a level of professionalism where they won't release the platform without bugs and being fully QA tested. Thanks for sharing the article @socent
Adam Todd has a very solid personality which is appropriate for a team leader. I love the way he takes charge of the communication through Digitex's Official YT Channel and other social media accounts. Every announcement is made by him on live sessions or through short videos. Perfect captain for the ship!! Digitex Futures will go a long way, all thanks to him and the wonderful team he has.
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