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What is DigixDAO?
DigixDAO The Gold Standard in Distributed Ledger Technology (DLT) Using blockchain technology, we represent physical gold with DGX tokens, where 1 DGX represents 1 gram of gold on Ethereum. The transparency, security, traceability of the blockchain ensures that DGX tokens can be transacted and transferred with full visibility and auditability. Not only does the immutable ledger heighten security, the smart contract platform eliminates possible human error and risk of fraud that would otherwise be present in the supply chain of gold. DigixDAO aims to be a self-organising community on the Ethereum blockchain that actively involves its token holders in decision making and shaping the direction of the asset tokenisation business. DGD is the governance token for DigixDAO. DGD holders participate by submitting proposals and applying for grants for projects that build the Digix and DGX ecosystem. Potential proposal ideas could include making music videos about Digix, accepting DGX as payment method in their cafe, starting a Digix cafe, amongst many possible ideas.
Cryptocurrency Smart Contracts Assets Management