Leveraging DBEXX as a Distributed Binary Exchange
DBEXX is one of our most mature platforms that has been under development for over a decade with plenty of iterations and evolutions. The original name of DBEXX was Detroit Binary Exchange which was going to focus on binary options. That was back then when Black folks on these message boards were talking about, making money from options. As you know, these Black folks are lying on their pockets and how much money they be making over the Internet.
We quickly understood that Black charlatans like to sell a lot of upfront hype and my Black people are gullible and be believing we as a people out here making money. If our people were making money as they claim on the Internet, we wouldn’t have a deteriorating Black community and so much poverty, crime, divestment, and food deserts rampant in the real world when we log off the computer and step outside into the real world. Got to worry about getting shot at the gas station in the Black community.
The good thing about having skills and building foundational platforms is you have an asset that you can modify with agility as the landscape evolves. Binary options were a broke folk joker game, just like the forex hustle – we see real, large multi-national forex operators going bankrupt but we got low-level lightweight clowns lying to me, and claiming they making serious money off forex. But because we have a true platform that is agile, we can modify DBEXX to changing landscapes.
That’s why people need to learn something instead of being a faker wanting to get rich quickly. I mean, don’t know why they want to get rich quick, what’s the hurry? They gotta pay an electric bill? If so, then they need to go work a gig economy job to make extra money. Sitting up here broke and need money to pay bills and these characters want to “get rich quick” sitting on their butt in front of a computer giving someone like Jay Morrison their last dollar in their pockets. Listening to Dr. Boyce Watkins frumpy-looking clown – Black men never looked weak/clownish like Boyce looked 20 years ago and yall followed him as a solution?! 20-40 years ago, we had real Black men to follow who look and operate like a healthy and always learning brotha. Hey, when it comes to a real Black person like me and what I’m doing – oh, that Dream and Hustle is over their heads, they don’t understand and confused, it’s just theory when I made more folks solid money over the years than any of those clowns they be following and we can show receipts anytime you feel like it.
With that said, we evolved our DBEXX platform today to focus on several current market-making and exchange-based solutions. Now we are about to have a real conversation over these broke characters' heads. See, DBEXX has a new naming and DBEXX stands for Distributed Binary Exchange. See, what these characters failed to understand is we had real powerful tools and platforms that would have changed the course of Black entrepreneurship and Black economics with market-making solutions but folks wanted to ride old irrelevant Dr. Claud Anderson and that ignorant short-sighted Powernomics garbage he put out decades ago. LOL, these cornball Black dudes getting mad and be in their emotions keyboard typing in comment sections while we build real stuff over here.
DBEXX in its base form is an exchange that allows buy/sell orders to be created. Anyone can place a buy request for an asset they wish to acquire and also place a sell request for an asset they possess. The facilitator of an exchange is the order matching engine. The order matching engine priority is which order came in first or which order can be realistically processed first. For example, if I’m trying to sell 1,000 shares and only 500 are on the market, I will be passed over if someone requested 300 shares and their order will be fulfilled faster than mine because the goal is to move products, not wait for 1,000 shares show up because I was first.
We can modify DBEXX to serve as different market-maker scenarios, connecting buyers and sellers and creating economic activity with an automated matching engine. So we can create an exchange for digital assets such as crypto and NFT. Or if we are looking at physical assets like metals or commodities like crops, we can create a digital order contract on the blockchain that is a binding document with a middle person verifying the exchange has been executed.
Please note there is a difference between trade and swaps. A swap is you swapping one style of sneakers for another style of sneakers and you agree to a swap via a contract. Most trades are done in a currency medium such as you pay cash to buy and you pay cash to sell. Good and successful crypto exchanges work this way – you pay cash to perform a crypto trade so the exchange will have a solid unit of value as the revenue asset. I will explain why I’m saying all of this information in the next paragraph.
Because now, you can do something like setup a crypto or NFT exchange in Malaysia or Dubai or El Salvador, buy yourself a house over there, get a visa or passport, sit on your behind drinking Irish cream liquor all day reading luxury yacht magazine with an automatic order matching engine facilitated trades 24/7 all day around the world for digital assets.
For leisure, you glance at these brothas in some comment section following some clown charlatan typing lol to another grown man, lying about their money and talking about how Dr. Claud Anderson is still the man with the plan, haha – yeah you got an order matching exchange looking at 70-foot yachts getting order commissions from buyer and sellers and a slice of the order volume every second and they still trying to figure out that Dr. Claud Anderson plan, yep.
You got new friends like East European and Asian entrepreneurs you meeting in Dubai and they got crypto exchanges to but you tell them you created a carbon credit swap exchange, you created an NFT exchange at the beach club in Dubai looking at the eye candy walking around that has the same entrepreneurial goals as you and come with good looks as well. You think to yourself that you were smart to be an early adopter of Dream and Hustle while these cornball brothas and sistas still wondering if Dr. Umar Johnson going to build that Frederick Douglas school with those broke brothas and sistas chicken scratch money they sent to Dr. Umar several years ago.
You heard right in the last paragraph – Dream and Hustle early adopters can create an exchange off our DBEXX platform as part of their thank you appreciation and waiting for us to go live for so long. Well, they always had access, I never told them but I’m going to treat it as a bonus, they didn’t know. But if I was an early adopter this is what I would do.
I would not focus on NFT, I would focus on licensing – meaning allowing someone to upload a digital asset like a piece of art and allow entities to lease with a license to display or use for a limited time. This is the media distribution business. You allow someone to upload their independent film for example and some small theatre license to replay the film at a set price from an exchange. NFTs are too one-off and that is a low margin, low movement. Focus on licensing a digital asset instead for more volume, and more trade commission from multiple buyers.
Don’t think just film, this can be done with music where DJs get licenses to play Jakarta pop or JK pop songs – you a sista that moved to Mexico to get away from these Kevin Samuels brothas and you got an exchange running to facilitate JK-pop, K-pop and J-pop labels to distribute to radio stations and music streamers around the world. You facilitate South African house music licensing as well. You a free sista in Mexico about to get in a dune buggy with Jesus Morales to drive to the beach because you ain’t dealing with DeQuan Jackson anymore, you tired of him not being a man like Jesus Morales is, even though you are ignoring the high femicide rate in Mexico but again, you just not dealing with DeQuan anymore as we said.
Just a note – DBEXX will require a self-hosted solution because of the high volume data throughput and volume of digital assets and log files generated for recordkeeping and compliance. So don’t think you can just stand up an exchange like you can do Toshikiso solutions. You likely would need a data center and more than one – that is why we named DBEXX as Distributed Binary Exchange. It may be possible the order tickets will be local in each country but the processing of matching will be done by compute servers in a cheap energy location like Africa or Latin America and logs and log analysis will be stored in America or India. Not lightweight work but it can be done by someone motivated enough to put in that real work.
So with that said, you may be realizing some big epics here as the long-term direction. You see we are creating serious opportunities for digital nomads who want to live anywhere they want in the world – these are real wealth folks and don’t have a problem paying us our money. I have done business with these brothas who be lying on their pockets and getting insufficient fund notices and payment rejected dealing with them – but they got the biggest mouth about how Black people need to get our money up but be bouncing checks at the same time.
So again, it’s embarrassing all these cornball folks out here claiming they are Black in tech and they got this solution and they got VC funding or whatever – but the ghetto Chicago West Side brotha running a 100% Black-owned operation can build exchange platforms and customize them for global clients in key markets around the world – moving in silence on these Black Enterprise magazine clown content creators who thought they can pick and choose the Black folks putting in real work.
Now you see exactly how things are shaping up and evolving – the use of exchanges with automated order matching engines to connect buyers and sellers in high volume transaction marketplaces and getting commission and living that expat life overseas, while brothas are still in those comment sections text-typing and lying about their pockets instead of trying to collective learn something and be humble and grow and develop like me and my people.