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Digix Gold Token
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DGX
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0.60531831
DGX
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Explore DGX in Onchain
DGX may be available for swapping via Onchain, our official decentralised product. Try it now.
Explore DGX in Onchain
DGX may be available for swapping via Onchain, our official decentralised product. Try it now.
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| Today | 0.00% | |
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DGX
€16.52
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Market cap
€254,412
Rank
#3700
Circulating supply
15,400 DGX
27% of total
All-time high
€175.42
-961.89%
All-time low
€6.00
63.67%
Total supply
58,000 DGX
Founded in Singapore in Dec 2014, DigixDAO (DGD) is building a decentralized autonomous organization (DAO) that specializes in the tokenization of physical assets. The project provides the infrastructure to create tokens backed by physical assets on the blockchain. To wit, it allows for the public verification of an asset’s existence through its chain of custody via its Proof of Provenance (PoP) protocol, which makes use of the Ethereum network and the Interplanetary File System (IPFS).
Digix also offers an API that enables other applications to be built on top of its asset tokenization service.
Digix has 2 cryptocurrencies, Digix Gold (DGX) and DigixDAO (DGD).
The company reportedly procures its gold from LBMA-approved refiners. For security, Digix includes third-party auditing from Bureau Veritas. The DGD crowdsale in Mar 2016 was the first crowdsale and major DAO hosted on the Ethereum network.
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