Say you’ve invented a new product. The world is waiting for it. The potential for it to change lives and make millions more happy. You need to raise funds in order for your vision to come true. A few million or more dollars.

The only problem is, you don’t live in Silicon Valley, New York City, Shenzhen or Shanghai. And that means you’re very unlikely to be able to raise the money. You might be able to get some. It’s unlikely that you will get enough. There are likely too many strings attached. So your project stalls, or worse – it never even gets started.

Sadly, that’s exactly what happens to millions of great ideas all over the world, every single year. Dacxi Chain will end this trend by tokenizing crowdfunding.

The Dacxi Chain’s system will give innovative teams in developing nations access to the same level of funding as a compaby based in Silicon Valley or Shanghai.

This will lead to a new era in technology innovation that will reach every nation and bring benefits for many people. It will also revolutionize crowdfunding.

But before we look at Dacxi’s solution, let’s take a look at the problem; the concentration of major tech funders in only four places in the world, and the unfairness and economic inefficiency this leads to.

How the Silicon Valley system works – and doesn’t

You have many options to fund your product, if you are fortunate enough to locate your business in Silicon Valley.

Seed Accelerators are startup incubators that invest between $10 and $150K US. In return, they will take a 6-10% equity stake. It is hoped that the initial money will allow companies to pitch for Seed funding.

Angel Investors – these are wealthy individuals who want to help startups grow – often because they believe in giving back to the innovation community. These angel investors will typically make a one-time investment in order to move a project to the next phase. There are many angels out there who offer more funding.

Venture Capital firms are those big boys with many projects. These firms tend to concentrate on projects at later stages, with only 10x potential returns.

The key thing all these methods have in common is that they are all based within around 20km of each other – and they expect you to be in the neighbourhood, too. The situation in the major funding centers is the same. They need you to make contact with them. Once you are there, they will want to keep you around for their investments.

So what happens if you can’t (or don’t want to) relocate to Silicon Valley, New York City, Shenzhen or Shanghai? It’s likely nothing. No growth and funding.

Venture Capital funds can be a source of funding but there is another issue: the problem of controlling. You will always get strings attached to large investments from a single source, such as a VC firm. Accepting funding means that you lose some control over your business. Business decisions need to be approved – often by people who don’t have expert knowledge of your product or its market. It can cause tension or conflict that can have a negative impact on your business’ future.

However, not all innovation occurs where the large funders are located

The idea that early-stage funding is plentiful in established innovation centers like Oxford, London and Singapore makes entrepreneurs laugh. Of course, there is some funding available – for example from sources like the newly established Oxford University ‘Oxford Foundry’ startup accelerator. But overall, funding is grossly inadequate – especially considering the breathtaking number of potential opportunities out there.

So, if brilliant people in established innovation centres find it next to impossible to get funding, imagine what it’s like for entrepreneurs who live everywhere else? Access to Early Stage financing is almost non-existent for nearly 99% of the people in the world.

That’s the unforgivable failing of the present system. As many entrepreneurs and great ideas are found in Australia, Chile, Chile, Indonesia and Vietnam as in New York and Shenzhen.

Innovation doesn’t discriminate. However, innovation funding does.

From where do great ideas originate?

There is an answer everywhere. Everywhere you look, there are talented and highly motivated individuals working on exciting new products. That’s why the Dacxi Chain has been designed to be a truly global crowdfunding solution. Dacxi believe that an innovator in Jakarta should be eligible to receive funding from Cairo-based investors. Seoul. Or anywhere else where there are people who understand the product’s potential, and want to get a stake in its success.

What will it take to equalize equity crowdfunding through the Dacxi Chain?

The Dacxi Chain’s foundation is tokenization. This allows investments to be made, and ownership stakes can be transferred easily. All without the need for the entrepreneur and their investors to be located in the same town – let alone in the same country. Dacxi Chain creates a worldwide network of investors as well as entrepreneurs, giving everyone the chance to build new wealth via technical innovation. Accredited Investors will not be the only ones who can reap the rewards of early stage hyper-growth. People will soon have that chance, at long last.

The Dacxi Chain tokenized crowdfunding system will raise more money, more quickly, and from the right investors – from anywhere in the world. Although Silicon Valley and other established centers will continue to have their places, Dacxi Chain tokenized crowdfunding system will significantly expand the reach of innovation funding markets, giving it the ability to realize its full potential.

This idea may seem revolutionary to those living in Silicon Valley and Shenzhen. It just feels fair to everyone.

The Dacxi chain global tokenized crowdfunding platform works

Dacxi Chain, which will be a top-level component of the global network of Dacxi-supported crypto assets platforms run by local licensed businesses, will house it.

What is the exact mechanism? Here’s an example of how the Dacxi Chain will work in practice, to connect innovators and investors around the world.

Let’s say an orthodontist in Sao Paulo has invented a revolutionary dental product, which she has validated in her local market and is selling already. If they had the opportunity to purchase it, she is certain that other dentists would also use it. Scaling production and global marketing are expensive. Her calculations show that she must raise USD$2 Million to increase growth and to expand her reach to other markets.

Through an advisor, she approaches Dacxi Brazil’s Opportunity Division, and an offer agreement is made. Dacxi secures the shares, and its staked blockchain writer node ‘mints’ tokens for sale. Dacxi licensees offer shares worldwide to those who express an interest in dental offers. An Irish dentist, who is registered with Dacxi Ireland, sees and understands the product’s potential. He uses the Dacxi Ireland platform to exchange Euros for Dacxi Coin, and then sends his money to Brazil via the Dacxi Blockchain. He now has his Dacxi Ireland portfolio with the new tokens he invested.

The system will include a translation function, to allow for global term sheets – giving everyone within the Dacxi Chain ecosystem the opportunity to invest, no matter where they’re based.

Once the offer has been fully funded, an orthodontist from Sao Paulo will convert the Dacxi Coins that she received into Real local Real. With the confidence that she is able to raise enough money, she expands her business.

The above scenario is impossible to imagine under the current crowdfunding system. It will become a common occurrence with Dacxi Chain tokenized crowdsourcing.

You never know. Perhaps the Silicon Valley might want to get in on the Dacxi Chain action someday.

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