Cryptocurrency DigixDAO and its platform are the idea, the actual buying of gold, storage and distribution of shares among the holders of the tokens of the project. Thus, the system DigixDAO contributes to the digitization of the precious metal.
The work of the platform DigixDAO is provided through the use of blockchain Ethereum, which provides effective protection of user tools and data from possible hacker attacks, and also simplifies the placement and storage of tokens.
For example, you want to invest your cash assets into gold. To do this, you form a bid to buy gold and place it and pay the equivalent of the cryptocurrency PTS or ETH on the platform DigixDAO. The system then produces DigixDAO the purchase of precious metals according to your application and places it in a safe storage located in Singapore. On your account when this happens, the corresponding amount of coins DGD that corresponds to the purchased gold. For storage of purchased gold project DigixDAO charges a fee in the amount of 0.39 percent per year. In this case you can operate with tokens DGD, storing, selling and buying them in the system DigixDAO – they are the undeniable proof of the right of ownership of gold. You can also take your gold, removing it from the safe in Singapore.
The company DigixDAO works based on the principles of decentralized management party network DigixDAO vote for the introduction of new solutions in system and all significant changes affecting the functioning of the site.
Detailed and current information is presented on the official website of the company DigixDAO https://digix.global.
Tokens platform DigixDAO
The developers of the project DigixDAO created 2 kinds of tokens: DGX that gives the user the right to the possession of gold and is equal to 1 ounce of gold, or 29.8 grams, and DGD, which, in fact, is the stock platform DigixDAO acknowledging the right of a member to vote and to influence the development of the project and to receive payments in the form of dividends with commissions.
Emissions DGD-koina be 2 million units. This is a fixed value. At the time of publication of the review, the cost Aldona DGD is 590,01 dollar with capitalization over 1 billion dollars. This suggests that the growth rate of the token DigixDAO guaranteed.
When conducting transactions in the system with the user is charged a small Commission, which later kompensiruet equivalent tokens DGD, which can be considered a kind of mining.
The prospects of the project DigixDAO
Opportunities for the development of the system DigixDAO enormous, as every country in the world has its gold reserves, which is the financial backbone of the entire economy. While anyone can become a holder of the token DGD, investing your money in gold company. Now to purchase the precious metal is not necessary to use the services of banking companies.
It is also worth noting that the risks are the vulnerabilities of the platform DigixDAO before the government of Singapore that can speak about the problems of the network DigixDAO. No need to exclude the possibility of closing the project because of the accumulation of large quantities of gold from the developers of the platform DigixDAO who decide to “disappear” with all the Golden Fund of the company.
The regular increase in the cost of gold says about the prospects of the system DigixDAO, as well as the high risk Scam.
Buying tokens DigixDAO
Tokens DGD traded on the exchange service Binance. To purchase coins DigixDAO need to have in your account a cryptocurrency exchange works only with leading Althingi and does not support Fiat assets.
In the top menu exchange select “Shopping center”, click “Main” and choose a currency pair in the trading interface of the resource.
After selecting the pair you see a graph of fluctuations in the value of assets. Below is the window for creating a new application for the acquisition of assets. Use the functionality of the Deposit to determine the operating costs and confirm the request by pressing the button “Buy”. After that there is a transfer of funds to the balance – it is now possible to dispose of the token-DGD at its discretion.