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Crypto / Asset

Digix DAO (DGD)
Digix DAO  DGD
$750.71
2.00%  +$14.73    LOW: $735.94  /  HIGH: $751.32  (24H)
2.00%  +$14.73
LOW: $735.94  /  HIGH: $751.32  (24H)
Digix DAO (DGD) Stats / Specs
FULL MARKET CAP
$49.14 M
TOTAL CURRENT SUPPLY
65,459
Overview

Digix is an asset tokenization platform that puts gold asset ownership on the blockchain, making digital gold transferrable. Digix' ecosystem is powered by two native tokens: DGX and DGD. DGX is an ERC20 security token which democratizes access to gold. DGX represents physical gold where 1 DGX represents 1 gram of gold. The DGD token gives users the right to profits in the trading of DGX tokens which own the right to gold stored in a vault in Singapore. So if people trade 20 gold bars per day - the DGD token holders will have the profits of the commission from those trades distributed equally amongst themselves. **DigixDAO’s Dissolution:** Following the casting of votes by our community of DGD holders, the majority of DGD holders have voted for a dissolution of DigixDAO and to burn the remaining DGD in circulation, returning prorated amounts of ETH to token holders according to their DGD holdings. Read all about it [here.](https://medium.com/digix/digixdaos-dissolution-655be3110196)

  • Digix Holdings has withdrawn from the Payment Services Act licensing in Singapore as of 21 Sept 2022. We regret to inform you that we will not be taking any more new transactions and would be ceasing all business activities. Redemption enquiries at https://digix.global/#/
    @DigixGlobal September 27, 2022
  • My lucky charm Block09 on display at the Right Click + Save NFT exhibition (first of its kind in Singapore) held at the Freeport. Amazing curation by the @AppetiteSG team @shobtc @k___swaminathan @robertalice_21
    @shaundjie November 12, 2021
  • OFFICIAL: There has been a telegram account going by the group @digixdaonetwork asking for scam-related referral programs. We are not part of that group and please exercise caution and refrain from participating with them.
    @DigixGlobal July 10, 2021
Key Resources
bitcoin stats
WEISS RATING
D-
CHAINS
ETH
LINKS
DOCS / CODE
SOCIALS
X
Time Ranges
1 HOUR +0.59%
24 HOURS +1.97%
7 DAYS +1.61%
30 DAYS +10.26%
UPDATED: 27/07/2024 08:45
Supply & Distribution
SUPPLY
ISSUED 65,459 (100%)
TOTAL CURRENT 65,459
DISTRIBUTION
  BURNT 1,934,541
Specification
LAUNCHED 28/04/2016
TOTAL CURRENT SUPPLY 65,459
TYPE
TOKEN
SECTOR
PLATFORM
BRIDGES / PLATFORMS
ETH
CUSTODIANS
FINOA
BITGO
LEDGER ENTERPRISE
UPDATED: 27/07/2024 08:45
close replay
# Chain / Bridge Asset Issuer Inherited Decimals Start / End Token Standard Trading As
1
NATIVE ASSET
check check 9 04/04/2016
ERC20
Token Sale

Digix, a gold-tracking asset on the Ethereum blockchain, which structured the company as a Decentralized Autonomous Organization raised its funding cap of $5,500,000 in under 12 hours. Digix is building a platform for trading gold-backed tokens on the Ethereum blockchain. The company is based in Singapore, and will store physical gold for each token issued on Ethereum. There are fees charged for storage at 0.39% per annum, similar to Gold ETFs. However, the big advantage of Digix tokens over gold ETFs will be its global nature and ability to divide the shares in order to facilitate micro-transactions. 465,134.95 ETH ($5,500,000) was raised from 675 addresses which puts the average investment size at $8,148\. The total was reached in 12 hours.

TYPE ICO
START 30/03/2016
END 30/03/2016
SALE URL https://www.dgx.io/dgd
JURISDICTION
SINGAPORE
REGULATORY FRAMEWORK
UNREGULATED
LEGAL FORM
CORPORATION
SALE SUPPLY 2,000,000
POST SALE SUPPLY STATUS REMAINS UNCHANGED
PAYMENT METHOD CRYPTO
START PRICE 3.24 USD
FUNDS RAISED 465,134.95 ETH
TOTAL FUNDS RAISED (USD) $5,500,000.00
INVESTOR TOKEN SPLIT
PUBLIC: 1,700,000.00
RESERVE TOKEN SPLIT
OTHER: 300,000.00
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