Digix created DigixDAO (DAO stands for Decentralized Autonomous Organization) – how for all folks to create a digital gold payment system together on the blockchain. It allows all DigixDAO token holders to participate within the direction Digix takes to create this gold payment system into reality. rather than a corporation or a private issuing shares, a software protocol issues DAO tokens as a software package .
|Price In Ico||4.2000 USD|
|Ico Start||29th Mar 2016|
|Ico End||30th Mar 2016|
Get started in 3 steps
Create an account
Fill in few details, without the hassle of uploading documents.
Register your wallet
DigixDAO Choose between Ledger, Json, Metamask and Trezor.
Congratulations, you can buy now DGX with crypto.
How did it all start?
Kai and Anthony met up in New York City to discuss two topics they were passionate about: Bitcoin and the Blockchain. Conversations led to a smart contract blockchain platform called ‘Ethereum’.
Ethereum was running a public crowdsale later that year. They connected with Shaun, who was an exchange student in New York City at the time and Digix was born in December 2014.
Important note on fees
0.13% Transaction fee every time DGX tokens are sent.
1% Recast fee whenever DGX tokens are exchanged for the physical gold bars.
0% Demurrage fee waived indefinitely (the 0.6% cost is taken of by us). Demurrage is the storage fee for the gold in the vaults.
Why digital gold?
Move gold across borders
Don’t be limited by the physicality of the gold in vaults. Manage your gold holdings 365 days a year.
Micro Accumulate Gold
They believe each of you has the right to a reliable form of money. You can now micro accumulate gold with DGX tokens.
You have access to a 100% of the gold buying process. Each bar can be looked at by anyone, anywhere and at anytime.
Transparency. Your assurance.
Every gold bar backing DGX is always openly verifiable by the public, 24/7, with blockchain technology. The vaults, located in Singapore and Canada, are accredited members of the Bullion Association and are fully insured.
What is recasting?
Recasting enables those in doubt to assure themselves that DGX are always 100% redeemable of the equivalent amount of gold.
Pledges who sent over $15,000 USD during the crowdsale receive a special proposer badge, which allows them to submit proposals to DigixDAO.
DGD holders get to claim rewards on transaction fees of DGX. Transaction fees are at 0.13% of balance sent.