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Title: News on Digix DGD & DGX Post by: btcmarvel on April 26, 2018, 04:00:09 AM I'm evaluating the DGD and DGX. There were quite a bit of confusion online about the DGD and the DGX. Some people mistook the DGD to be the gold-back token.
The DGD is not backed by gold so its price has nothing to do with the gold price. The DGD requires active participation in voting on Digix proposals that come up. The DGX is: 1 DGX = 1g of gold. The DGX price is based on gold, a little higher than the spot price. It was meant to be a stablecoin which could be good for it to be used for payments. The gold is held in Singapore and registered on the blockchain. Here is a recently published interview with the co-founder Shaun Djie which clears up some of the confusion. https://www.youtube.com/watch?v=6rJ3H6BjyVw Post other news on Digix here. |