DigixDAO

Overview

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0/10
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Position in Rating
31
Since 05 April, 2018
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Official Name
DigixDAO
Year founded
2016
Market Cap $
199,877,800
Price $
99.9389
Change 24H
4.56%
Official Website
Official e-mail
 

Digix DAO is a new form of decentralized self-organization of a company's cryptographic asset written in code that is designed to perform a set of functions with the owners of token votes regarding the number of tokens that they store. All holders of Digix DAO tokens control the development of Digix. Digix is ​​a platform for asset tokensisation on Ethereum, for transferring management of a payment system based on digital gold to asset blocking users.
Therefore, if people trade 20 gold bars a day - holders of Digix DAO tokens will receive commission profits from these trades, distributed equally among themselves.

Instead of issuing company shares or equity participation, the protocol issues DAO tokens as a software product. Digix DAO is managed on a "bottom-up" basis, that is, DAO employees send offers to owners of DGD tokens to build such a system as they want to see it. The owners of DGD token holders follow the final response to approve or reject the projects.

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Additional Information

Ticker symbol
DGD
Proof Type
N/A

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