Initially focused on developing the Dynex-Chip to address the limitations of Moore's law, the project team delved into extensive research and experimentation to create a practical neuromorphic chip. They successfully designed a chip that demonstrated in-memory processing, instantonic behavior, and long-range order. To scale their chip's functionality, they transitioned to using FPGAs, forming a cluster of 1,500 Dynex-Chips. Recognizing the wasted computational power in crypto-mining, the team decided to harness this energy and developed Dynex as a decentralized platform, incorporating a blockchain and a coin. The platform garnered significant community support and achieved milestones such as launching the main-net, establishing mining pools, and securing listings on platforms like txbit.io.

To further enhance their offerings, the team integrated the chip's functionality into their mining algorithm, DynexSolve, and began building a customer base. They plan to establish additional listings, an ethics committee, marketing teams, an enterprise sales team, a donation fund, and a marketplace called Dynex Market for computations on their platform.