Currently available in the United States; coming soon in 31 countries in Europe.
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DigixDAO To USD
What is DigixDAO?
Digix ecosystem consists of two tokens i.e. DGX and DGD. DGX and DGD both are ERC-20 tokens developed on the Ethereum blockchain.
DGX is a gold-backed token, where every DGX represents 1 gram of 99.99% pure gold. The DGX token is issued using the Proof of Asset (PoA) protocol. For PoA, Digix uses proof of asses cards which require filling of information such as SKU of Gold bar, Bar serial number, purchase receipt, depository receipt and storage fees due. These proof of asset cards can be stored in an Ethereum wallet. For every proof of asset card sent to minter smart contract, an equivalent amount of DGX tokens will be issued to the user. For example, for 1000g gold proof of asset card sent to minter smart contract, 1000 DGX tokens will be given to the user.
DGD is a governance token for DigixDAO. DigixDAO is a community-driven project and actively involves the DGD token holders in shaping the physical asset tokenization business.
Digix was founded by Kai C. Chng who is also the CEO of the company. He worked as an EMFX trader in wall street. The team consists of 18 other members.
The purpose of DGX token is to trade the physical gold securely and efficiently using blockchain technology.
DigixDAO Market Price Ticker Chart
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DigixDAO Frequenty Asked Questions
Where does DigixDAO (DGD) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, DigixDAO currently ranks in position 458 out of the top 1000 cryptocurrencies. Another important factor in popularity is DigixDAO‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. DigixDAO has a market cap of $ 33,139,949, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 872,734,800,991, Litecoin at $ 11,462,838,305, Ethereum at $ 169,536,645,163, Tether at $ 36,164,701,127, and XRP at $ 21,032,777,633.
What is the price of DigixDAO (DGD) today (updated in realtime)?
The current price of DigixDAO is $ 283.46 in USD. (The price in Euros is 234,54 €; and the price in Bitcoin is Ƀ 0.00609300 BTC.)
How has DigixDAO (DGD) performed recently?
DigixDAO‘s price has increased in the last 24 hours by 5.37%. The change in price over the last seven days was -0.85%. The trading volume over the last 24 hours was $ 38,884. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is DigixDAO‘s (DGD) market supply?
The total circulating (available) supply of DigixDAO is 115,781 DGD. The total supply of DigixDAO is 1,999,999 DGD.
What is the 24 hour volume for DigixDAO (DGD)?
The 24 hour volume of DigixDAO is $ 38,884.
What is DigixDAO (DGD) official website?
DigixDAO‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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