Equity Overview
Price & Market Data
Price: $815.2
Daily Change: -$16.37 / 2.01%
Daily Range: $809.0 - $837.3
Market Cap: $52,114,504
Daily Volume: 0
Details
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.Facebook | Instagram | YouTube | LinkedIn