DigixDAO Price & Charts

DigixDAO News

RSS Reddit

  • Dev Update | 18 April 2019 April 18, 2019
    ​ 📣 Dev Update | 18 April 2019 DigixDAO Updates Events / Interviews Attended Press Release Read it exclusively, here ⬇️ : https://medium.com/digix/dev-update-18-april-75994a3c07d4 submitted by /u/DigixOfficial [link] [comments]
  • Vitalik Buterin Talk at Ethereum Singapore April 18, 2019
    Check out Vitalik Buterin 's informational talk at Ethereum meet-up here: 🎥 https://www.youtube.com/watch?v=XmMRFKgosHo&feature=youtu.be ​ Topics covered: • State of Ethereum ecosystem • Proof Stake / Casper updates • Layer 2 scalability updates • Ecosystem adoption submitted by /u/DigixOfficial [link] [comments]
  • DGD Staking & Voting process April 16, 2019
    Why can't I participate despite KYC being approved? The "participate" button is greyed out. Why is there only 16% DGD locked up? Isn't it an extremely low participation rate and Does that mean we would get more rewards since less DGD is locked up? It seems that despite DGD went mainnet after 3 years, the […]
  • Is there a limit on how much dgx you can buy on the dgx marketplace? April 15, 2019
    submitted by /u/Lucifer1903 [link] [comments]
  • Ethereum Meet-Up Singapore with Vitalik Buterin & Gavin Wood April 15, 2019
    🙌🏼 It Is Today! Shaun, COO of Digix is hosting an Ethereum Singapore Meet-up. Come and catch Vitalik Buterin from Ethereum and Gavin Wood from Polkadot Going Live right here! 💥 https://reddit.com/link/bdesfs/video/372c3oxqwes21/player submitted by /u/DigixOfficial [link] [comments]
  • DGD token valuation model with the new reward system April 9, 2019
    Is it going to be possible to know the number of active participants and the sum of their reputation points? For a new participant, assuming a few things (e.g. % of votes that are rewarded, % of other participants that vote), is it possible to calculate their "share" of rewards and build a valuation model […]
  • Someone please HELP ASAP April 8, 2019
    I am trying to lock my DGD but to interact with the contract it says I have to spend 67DGD? Please see attached screenshot. Will I lose 67 DGD if I approve this? It doesn't make sense to me, am I missing something? Someone please enlighten me before the locking phase is over. What do […]
  • Dev Update | 5 Apr 2019 April 5, 2019
    ​ https://i.redd.it/2qoqe8187fq21.jpg Digix Milestones/ Rewards Events Attended/Interviews Dev Update on DigixDAO Digix Deals Press Release ​ Read more: https://medium.com/digix/dev-update-5-april-2019-d30a67374144 ​ submitted by /u/DigixOfficial [link] [comments]
  • What are stablecoins and what makes them stand out? April 3, 2019
    As you know, one of the most important cryptocurrency characteristics is its high volatility. Some traders use it for their own benefit, but for most people it is inconvenient. This is one of the main reasons why cryptocurrency adoption is so slow. The idea of price-stable crypto has been in the air for a really […]
  • Digix DAO is launched! March 30, 2019
    https://community.digix.global/#/ This is the DigixDAO UI Guide that will aid in navigating your way through the Governance Platform. Provided in the guide are step-by-step instructions, as well as screenshots, to illustrate the processes you will take in the platform. https://medium.com/digix/digixdao-ui-guide-77d39091009f This launch allows users to begin participating and creating projects on the digixdao platform. For […]

RSS Twitter

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.
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.
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.

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.