[ANN]🔥DigitalGold🔥0/64M Nuggets remaining, ICO Now Complete, Launching Q3 2018

[MrNugget]

It' s looking increasingly likely that the DigitalGold ICO will be heavily oversubscribed - that is, the 64M coin limit will be reached well before the end of the planned 3 week ICO period. We state that based on the sheer number of emails asking about purchasing nuggets, both in the ICO and enquiries regarding pre-ico purchases - in some cases, for substantial amounts.

We will not sell nuggets early for any reason or any price - we intend to run the ICO fairly and equally, it's one of our founding principles and why we dislike pre-icos, VC money, distorted pricing structures etc.

But we do appreciate the support - we still have a lot of work to do throughout May to get ready for next month's ICO but we will be ready for it, however rapidly the nuggets sell out or whatever the demand levels!



Thanks again for making these first couple of public DigitalGold days so exciting and positive.

[1714974362]

1714974362

[MrNugget]

Replying on here to a lady who emailed us last night with an important question:

'I'm going to buy a large amount of nuggets as soon as your ICO starts - DigitalGold sounds brilliant. Can you guarantee my investment will be private?'



Very important - unlike nearly all ICO's now (even if they don't publicly admit it), we will ensure absolute privacy for any and all investors. Yes, you need an email address but that can be any private or anonymous account that you choose. Beyond that, and a Bitcoin address, we collect no further information. Certainly not public names, addresses, phone numbers or even IP address (which a large number do - trust us on that point as some of our measures pre-launch have been taken explicitly to avoid collecting information that could potentially be used against our investors in the future). Chain analysis will NOT work with DigitalGold - good news for all.

Along with private balances and transactions, DigitalGold is the true future of secure, private cryptocurrency.

[DigitalGoldSupport]

DigitalGoldSupport here, I've just started with the organisation and my main role is to answer queries on the boards, emails and social media.

We will be increasing our presence on all of these over the coming days as the ICO gets nearer.

Happy to answer any questions and if I can't immediately then I'll go to the team or MrNugget to get the info you need.

Have a great day.


DigitalGoldSupport

[DigitalGoldSupport]

To answer several questions about the patent bonuses - yes, they are only applicable to ICO investors. And no, the Digitalgold development team will not receive any of the patent licence funds. As detailed in the whitepaper, 25% goes into the DGF foundation, 25% goes to charities, and 50% goes into ICO wallets on a ratio determinded by the ICO investment amount.

So a completely fair way of doing it, and a new way of helping those who get in at the 'ground level' make further gains. And based on conservative projections, the licence fees could be large.

[supernva]

What coins or currencies do you accept for the ICO?

[DigitalGoldSupport]

As DigitalGold is running on it's own blockchain (GoldNet) and also because the nuggets (DIG) are issuing on a SAFT basis, there is no need for us to use Ether for the ICO unlike most others do.


We are using Bitcoin, simply because it's still by far the most widely traded and widely available cryptocurrency. By using Bitcoin, we maximise the opportunity for new investors to crypto to obtain it and thus participate in our ICO.

Our whitepaper gives a lot more details about the BTC to DIG exchange ratios operating during the ICO - basically, there will be a sliding scale of less DIG to BTC as the ICO progresses. There will also be bonuses amounts on offer for those purchasing 10,000 or more DIG.

All wallets will automatically gain access to our future patent license nugget revenues.



Kind Regards

DigitalGold Support

[Cryptospy007]

will there be an airdrop for this token?

[DigitalGoldSupport]

No airdrop. Total circulation is 64,000,000, 95% of which is going to the public on an equal opportunity for all basis in the ICO. The funding requirement is,by ICO standards, very low which is enabling us to offer the coins at a very low price.

In other words, our market cap at launch of the blockchain is almost certainly going to be substantially higher than the ICO market cap. So there will be 'free' profit at launch anyway.


Thanks for your query, please read our white paper for more details and contact us anytime for further details or information.



DigitalGold Support

[DigitalGoldSupport]

Would also just add that technically, DigitalGold is a coin rather than a token - we're not piggybacking on Ethereum or any other blockchain. We start with brand new code, an uncongested blockchain and far superior performance and scaleability.

[MrNugget]

Good evening all, am off to Europe for a long weekend along with our lawyer which will finish with signing another contract with an exchange, a large European exchange who are so keen to get DigitalGold on board that they're paying for the whole trip. I do have a few points that I need to sort out with them to ensure we get representative parity with the other currencies on there, but I'm assuming that's not an issue so should have this sorted early next week!

Support will be checking in on the forums and email regularly over the weekend for you - it's all looking great for DigitalGold, Nuggets and GoldNet blockchain.

[DigitalGoldSupport]

Website was down for an hour or so due to the amount of views and downloads - we've now fixed it, upgraded the bandwidth and reconfigured the server balance. Shouldn't happen again, apologies for any inconvenience

[cryptohuntervn]

Good project with new ideas, complete it and let everyone use your service. Good luck project, I will join the project now.

[DigitalGoldSupport]

Good project with new ideas, complete it and let everyone use your service. Good luck project, I will join the project now.

Thank you for your support - ICO is next month, that's the first and probably only chance of getting hold of our DigitalGold Nuggets before they hit the exchanges in Q3! Expected to sell out within the first week or so of the ICO timeframe - Pof of course, and the entire 64,000,000 allocation will be done at the ICO with no further drops or mining

[DigitalGoldSupport]

J - Thank you for all three of your emails today but NO, we won't be selling DIG nuggets early, even for 3X the white paper price. But we really appreciate your interest and on June 2nd you will be free to buy as many as you would like to, along with everyone else!


This is the kind of interest DigitalGold is generating after just a few days, it's very exciting and we can't wait for the ICO so we can issue out nuggets for all our purchasers.



DigitalGoldSupport

[MrNugget]

Just checked in with support and they have another load of emails to go through and reply to where necessary. Lots of investors are registering with us to ensure they get the ICO notifications emails.

Am at the airport with our lawyer, on the way to sort out the deal with a large european exchange. Will be excellent to get that sorted and out of the way at this early stage. Have a great weekend DigitalGolders.

[DigitalGoldSupport]

We just need to clarify to everyone - the licence patents will be distributed as nuggets straight into ICO wallets periodicially with the amount depending on incoming licence agreements and renewals.

Investors won't have to do anything - they will receive the nuggets in a way akin to an airdrop but in proportion to the final ICO investment made. This will be an ongoing redistribution of nuggets that licencees will have to purchase on exchanges, thus creating demand, and that ICO wallet holders are free to do what they wish with, either holding, selling etc.


It's just one of the unique features that DigitalGold can offer, thanks to our patent-pending advancements on the cryptographic and code side of things. It's extremely likely Nuggets would have appreciated in value sharply on launch anyway, due to the way the ICO has been structured, pricing, exchange availability etc. This is just a further push slightly down the line.


Whilst it will only be ICO wallets that receive licence royalties, all wallets will be automatically registered as validators for the proof of stake confirmations when running on GoldNet.

[DigitalGoldSupport]

Mr Nugget will update everyone on the latest exchange to sign up with us early next week! One of them is an exchange that you would not normally even see new cryptocurrencies on...

[DigitalGoldSupport]

Had an email asking how the ICO will proceed on the 2nd June.

Once we start the ICO, nuggets will be available at the discounted rates listed in the whitepaper, in exchange for the specified amounts of Bitcoin. It's a incremental scale that changes from week 1 to week 2 to week 3 (although we expect the ICO to be fully sold out by the 2nd week at the latest)

It's good for investors that we're looking at distributing so quickly, as it means the average purchase price per nugget will be far closer to the $0.03 cent end rather than the $0.10 that week 3 would represent.

We've skewed our financial projections towards an earlier fulfilment of the ICO so it doesn't impact our timeframe going forward. And if the ICO sells out faster then we obtain our additional funds a couple of weeks earlier which saves us time and development costs so it balances out either way.


Thanks for the enquiry

[DigitalGoldSupport]

2,000 nuggets per 0.01 BTC week one
1,500 nuggets per 0.01 BTC week two
1,000 nuggets per 0.01 BTC week three

with 20% bonus nuggets for 10,000 or more purchased in week one, 10% bonus nuggets for 10,000 or more purchased in weeks two and three (although ICO unlikely to reach week 3 before all 60,000,000 are sold)



Had so many emails asking about allocation that am posting here - although all this in whitepaper, and more

[anayurik]

Russian + ukrainian translation ANN done:
https://bitcointalk.org/index.php?topic=3563354.msg36404758#msg36404758
https://bitcointalk.org/index.php?topic=236982.msg36404627#msg36404627