https://www.cryptocoinsnews.com/digix-millions-ethereum-blockchain-crowdsale/Gold Backed Digix
Digix crowd sale sold out within a day, raising a capped $5,500,000 only hours after the opening.
DGX tokens are created through a “Minter Smart Contract” by using Ethereum’s smart contract platform with each token representing 1g of gold and divisible up to 0.001g.
These business models are very new, fully untested, with no one able to predict the outcome.
One cannot help but feel the energy and enthusiasm coming out of ethereum’s ecosystem which has made possible new inventions such as smart locks or, if Digix works, non-volatile, decentralized, digital currency.
