DigixDAO Price & Charts


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DigixDAO News

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  • The Value of DGD? October 16, 2018
    I’ve been interested in this project for quite some time, the concept, and idea seems awesome. One thing that I’m having trouble getting my mind around is the value. When I look at the main site it states that 1 DGD = 1 gram of gold. So wouldn’t that mean that the value should be […]
    /u/silent_yuki
  • Anybody have an easy ELI5 explanation of Proof of Provenance? October 15, 2018
    submitted by /u/MusaTheRedGuard [link] [comments]
    /u/MusaTheRedGuard
  • Why can't US investors buy DGX directly from Digix? October 15, 2018
    Its completely legal for US investors to buy gold online- this is absurd that even if you go through KYC, that you are still denied submitted by /u/latetot [link] [comments]
    /u/latetot
  • DGD is available for fixed rate swaps at great rates on ChangeNOW.io, no account needed! Check it! October 13, 2018
    submitted by /u/ChangeNow_io [link] [comments]
    /u/ChangeNow_io
  • Fees October 11, 2018
    Are there fees for holding DGX? If so, how are they paid? Is it done automatically or manually? What currency are the fees paid in and how frequently are the fees paid? submitted by /u/the_nebster [link] [comments]
    /u/the_nebster
  • Why is DGD's market cap so much higher than DGX? October 10, 2018
    Hi guys, just wandering why the DGD token's cap is quite so much higher. Putting it in at 78th on CMC whereas DGX is something like 650th. The key value proposition of the whole project is a solid stable coin. I understand that ownership of DGD pays dividends essentially through their points system and enables […]
    /u/MurkySoy
  • Digix Dev Update — 9th Oct 2018: Audit on DigixDAO contracts, UI Progress, Pending partnership… October 9, 2018
    submitted by /u/DigixOfficial [link] [comments]
    /u/DigixOfficial
  • A couple of questions ,all help is appreciated October 3, 2018
    I like dgd but need a couple things cleared up before i invest seriously. I think this might help a lot of new people can i store my DGD on ledger nano s and if i do will i still get my DGX rewards 2.what time frame are we looking at before DGX will be […]
    /u/Fonzie05mcfonzie
  • Bought my first 10 DGX tokens with help from people in this sub October 2, 2018
    So I'd been looking into getting into DGX tokens for a while, as I've always had a fondness for gold and digix seemed to offer a unique way of owning it. I've made 2 posts in this sub over the last week asking for assistance with questions I had on digix in general but also […]
    /u/etan_ashman
  • Tried buying Digix, nothing seems to have happened October 1, 2018
    Hey everyone, hoping you can help me. I've done all the KYC verification so that I could start to buy DGX. I have to say though it's been really confusing and doesn't seem to be very clear instructions anywhere on going through the process, might be handy if there was a instruction manual somewhere for […]
    /u/etan_ashman

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.