DYNEX logo
Dynex
DNX
$0.51

Sector

Privacy

Exchange Debut

2022-12-04

Market Cap

47,233,894

Maxim Supply

110,000,000

Circulating Supply

92,595,419

Circ. Supply(%)

84.18%
DYNEX logo

Dynex

DNX

Price

$0.51

Market Cap

Sector

Exchange Debut

47,233,894
2022-12-04

Volume 24h

High 24h

Low 24h

558815
0.524785889984
0.499040741892

Change 24h

Change 7d

Change 30d

1.4818
-13.545
-27.9971

Maxim supply

Circulating supply

Circulating supply(%)

110,000,000
92,595,419
84.18%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Dynex – DNX cryptocurrency:

 

Dynex – DNX emerges as a groundbreaking crypto project leveraging a proprietary algorithm, DynexSolve, to transform traditional GPU computing into a neuromorphic network. This advancement aims to eclipse even quantum computing speeds, offering a sustainable and efficient platform for solving real-world problems. Despite these innovative strides, a fundamental analysis of the Dynex – DNX cryptocurrency reveals a final score of 3.52 out of 10, reflecting various challenges and opportunities for growth in the project’s ecosystem.

SOCIAL & MASS MEDIA: Score 5.1 out of 10

The Dynex project shows promise in social engagement, with a perfect score for community activity on social media. However, the fundamental analysis of the Dynex – DNX cryptocurrency indicates a need for enhanced media presence and larger community building in chat groups, as these areas lag with lower scores, thereby offering room for strategic development.

AUDIT & SECURITY: Score 3.85 out of 10

In terms of security, the project’s transparency and audit results suggest areas of concern that need addressing to build trust within the community. Enhanced clarity and security measures could improve the fundamental analysis of the Dynex – DNX cryptocurrency and investor confidence.

TOKENOMICS: Score 6 out of 10

The token economy of Dynex is moderately robust, with a favorable score for inflation management. However, centralization of the monetary mass raises questions, indicating a need for decentralization to align with the core ethos of cryptocurrency and improve the overall fundamental analysis of the Dynex – DNX cryptocurrency score.

ECOSYSTEM DEVELOPMENT: Score 2.4 out of 10

The ecosystem development score reflects the infancy of the project, with objectives and future developments needing clearer articulation and execution. A focus here could significantly enhance the fundamental analysis of the Dynex – DNX cryptocurrency.

TEAM & DEVELOPERS: Score 2.2 out of 10

A deeper pool of experienced developers and team members could bolster the project’s foundation. This investment in human capital is crucial for advancing the fundamental analysis of the Dynex – DNX cryptocurrency.

PRODUCT & UTILITY: Score 2.6 out of 10

The utility of the product and tokens within the ecosystem scores low, suggesting a need for more practical applications and clearer benefits for users, which is essential for a positive fundamental analysis of the Dynex – DNX cryptocurrency.

PARTNERS & INVESTORS: Score 2.5 out of 10

Partnerships and investor backing are currently minimal, highlighting an opportunity for the project to expand its network and support base, thus improving the fundamental analysis of the Dynex – DNX cryptocurrency.

Fundamental analysis of the Dynex – DNX cryptocurrency – The final conclusion

Upon examining the individual components of Dynex – DNX, it becomes evident that while the technology holds promise, the ecosystem requires substantial development in community engagement, security, team expertise, and product utility. These improvements are essential for mitigating risks and enhancing the investment potential of the cryptocurrency. The fundamental analysis of the Dynex – DNX cryptocurrency underscores a nascent stage project with potential yet to be realized, warranting cautious optimism for prospective investors. The project’s success hinges on addressing these fundamental areas to foster a thriving, secure, and robust platform.

What is Dynex?

 

Dynex Platform Overview

Dynex operates as a cutting-edge neuromorphic computing platform founded on a unique flexible blockchain protocol. The decentralized network, comprised of PoUW miners, achieves unparalleled computational speed and efficiency, even surpassing some quantum computing capabilities. With DynexSolve, a distinct neuromorphic superchip algorithm, these miners utilize GPUs and the computing network to address a myriad of real-world challenges.

Key Features & Benefits

Through Dynex, unused GPU mining equipment can be transformed into neuromorphic devices, offering an opportunity to generate wealth. As part of a cohesive effort, Dynex promotes a drive towards sustainability and efficiency.

Applications & Industries

Machine learning algorithms, specifically from quantum computing, can be efficiently executed on the Dynex platform using Python. In the financial sector, Dynex aids portfolio optimization, while pharmaceutical industries employ it for tasks like protein/RNA folding and broader drug discovery research. The gaming sector benefits from efficient Multi-Agent Path Finding solutions, especially in games featuring player versus AI dynamics.

Neuromorphic vs. Quantum Computing

Distinct from quantum computers, neuromorphic systems experience fewer constraints. Functioning on conventional GPUs at ambient conditions, these systems can efficiently handle problems with numerous variables without the limitations of quantum machines.

Fundamental analysis of the Dynex - DNX cryptocurrency

Dynex - DNX performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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