Digix DAO (DGD) Price

LOW: $1,172.97 / HIGH: $1,215.98 (24H)
FULL MARKET CAP $77.78 M |
TOTAL CURRENT SUPPLY 64,627 |
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)
1 HOUR | -0.19% |
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24 HOURS | +2.5% |
7 DAYS | +3.37% |
30 DAYS | +5.26% |
TOTAL MARKET CAP | $50,925,776.36 |
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SUPPLY | |
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ISSUED | 64,627 (100%) |
TOTAL CURRENT | 64,627 |
DISTRIBUTION | |
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● BURNT | 1,935,373 |
LAUNCHED | 28/04/2016 |
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TOTAL CURRENT SUPPLY | 64,627 |
TYPE |
TOKEN
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SECTORS |
GOVERNANCE
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STABLECOIN
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BRIDGES / PLATFORMS | |
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CUSTODIANS | |
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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 |
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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 |
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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
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RESERVE TOKEN SPLIT | |
OTHER: 300,000.00
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