DigixDAO Price & Charts



DigixDAO News

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  • Digix Livestream tomorrow with Monolith CEO Mel Gelderman! August 19, 2019
    submitted by /u/AcePonyPickle [link] [comments]
    /u/AcePonyPickle
  • You can now use DGX with Monolith's Visa cards. August 16, 2019
    👂In case you haven heard! We are stoked to be partnering Monolith to make spending #gold a reality. Monolith's Visa cards can be topped with fiat converted from $DGX tokens and used at more than 45M+ point of sales worldwide. Who says you can't spend gold now? Read more here: https://monolith.xyz/dgx/?utm_source=reddit&utm_medium=social&utm_campaign=rb_digix submitted by /u/DigixOfficial [link] […]
    /u/DigixOfficial
  • FYI: All posts with "free 0.02 BTC" and so on are spam and scams. Do not follow them. August 15, 2019
    submitted by /u/MPSoulEye [link] [comments]
    /u/MPSoulEye
  • Digix Dev Updates — 08 August August 8, 2019
    Digix Dev Update | 08 August 2019 Tribe Accelerator Global Demo - Silicon Valley Polkadot x KILT Protocol Keynotes DigixDao Updates Cezex and Digix Trading Competition Cezex and Digix Referral Program Read more here: https://medium.com/digix/digix-dev-updates-08-august-2019-269b3453a9c1 submitted by /u/DigixOfficial [link] [comments]
    /u/DigixOfficial
  • DGX HUB - Applications open September 1st August 8, 2019
    DGX Growth Initiative (ERC20 Gold Backed Token) DGX HUB is a newly formed community reward program aimed to help the growth of DGX Gold Backed Tokens. This initiative is fully funded by the Digix DAO, and has been approved by the Digix Community. They are looking for passionate Community Representatives who can help share news […]
    /u/Crypto_Chat
  • Current stage of the burn proposal; going forward - tn August 7, 2019
    The current stage of the burn proposal: It looks like it will pass the draft phase as moderators have unanimously voted yes so far with 4 days remaining. Here's the link to the proposal https://community.digix.global/#/proposals/0x295ae203328a91bd9063f4384b270461437910ccdd26ba3ded2cac2890b16ac5 Going forward: If it passes the full DGD vote, I will proceed with some voting method of deciding the exit […]
    /u/caseyavera
  • How much gold backs one DGX token? August 6, 2019
    title, I can't find this info anywhere. Seems like it should be obviously printed somewhere on their website.. submitted by /u/Belvis_senpai [link] [comments]
    /u/Belvis_senpai
  • DGD to ETH Burn Proposal - Time to Vote! August 3, 2019
    For those not aware, a DGD to ETH burn proposal has been submitted to the DAO. There is an active discussion about the topic on Discord under the # proposal-burn heading. If this is of interest to you come join the discussion and lock, stake, and vote your DGD to make your voice heard! dgxbug […]
    /u/cryptobug1
  • Digix Dev Update | 26 July 2019 July 26, 2019
    📢Digix Dev Update | 26 July 2019 Event/Conference Attended DGX Internet Treasure Hunt Clues Released Partnership with CEZEX DigixDAO Update Tangem Cards are on the way ​ Read more here: https://medium.com/digix/dev-update-26-july-637adfccce24 submitted by /u/DigixOfficial [link] [comments]
    /u/DigixOfficial
  • Partnership with CEZEX July 26, 2019
    We are thrilled to announce our latest partnership with CEZEX! https://medium.com/digix/digix-cezex-southeast-asias-digital-asset-landscape-heats-up-with-the-latest-partnership-1fdce04b1526 submitted by /u/DigixOfficial [link] [comments]
    /u/DigixOfficial

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What Is DigixDAO ?

DigixDAO is a cryptocurrency that tokenizes gold in a digital form using ethereum blockchain. By using a physical gold bar. Those digital tokens can be minted, and its’ workability is based on the distributed ledger. DigixDAO has created two technologies namely Digix Gold Token( DGX) and the Proof of Asset Protocol (POA) on ethereum platform. The Proof of Asset Protocol (POA) proves the existence of the asset and the distributed ledger ownership. Digix Gold Token( DGX) is the gold coin that will be exchanged on ethereum blockchain. Digix created an API that enables one to build other Apps. In its’ asset service. The asset is a gold bar representative placed in an allocated deposit. With asset, users can easily purchase gold efficiently.

All authentication process towards buying gold are published through ethereum network, and the user can purchase gold from any accredited refinery such as LBMA refineries with an assay certificate. An auditing is done quarterly on each gold asset in Digix safe house. We know that storage of gold bar is difficult but Digix has made it a lot easier by liquidating the metal and one can use it at any time while maintaining the same level of physical security.

DigixDAO TEAM DigixDAO is made up of seasoned professionals who have made remarkable achievements in their chosen profession. The team is headed Mr.Hye Teo Chng as the Executive Chairman, assisted by Mr, Cheng Chng as CEO.
We have Mr. Djie Shaun who is heading the marketing and Business Development team, Mr. Eufemio Anthony who is leading the technical team.Lastly, in the team, we have Mr.Hitchcott Chris, who is a developer.
Advisory Board
In the advisory board, we have these notable personalities in their advisory board, and all have over six years’ experience in the cryptocurrency business. We have Mr.Carl Phillip Mullan who is the founder of PDX Currency Corporation, Mr.Wong Tony who is a Spring Global Mail Asia Consultant and Mr. Peter W C Tan who is a consultant with a leading Asian financial institution.
PRACTICAL USES OF DIGIXDAO
It is used as a cryptocurrency store of values.
It is a marketplace for the gold transaction.
It is used to trade gold to fiat currency.
It is used for lending and microfinance services within P2P network.
It is a wealth management DAPP.
MINING OF DIGIXDAO
DGD token is mined on ethereum platform, and these are two ways of mining Digix token, they are CPU/GPU and Mining pool.
CPU/GPU Mining: CPU/GPU is a machine that has a graphical interface. Proof of Work(PoW) is being used to mine to secure both the transaction records and the rewards. The GPU is more efficient and faster than the CPU. Both delay a lot in recording the transactions to the blockchain, and this also delays rewards.
The advantage CPU/GPU mining has over others is that it gives better privacy.
Please note that, whenever mining is to take place, antivirus needs to be disabled.
Mining Pool: This involves people coming together to form a group, and that group will put all their resources together. Once mining is successful, a reward will be given, and that reward will be shared amongst the members based on individual’s contribution.
Notes for Investors
Presently, we have 2,000,000 DGD tokens in the market, and the management team has no intention to create more. This move will create artificial scarcity resulting to the token going all-time high in the market cap. You can take advantage of the opportunity now.

MUST READ!
Cryptocurrency investment is speculative, and it involves unquantifiable risks – the market is full of uncertainty, susceptible to attack and capital loss, and sensitive to secondary issues, time may do not permit to mention here.
Seek advice before investing.