Digix created DigixDAO (DAO stands for Decentralized Autonomous Organization) – a way for all of us to build a digital gold payment system together on the blockchain. It allows all DigixDAO token holders to participate in the direction Digix takes to build this gold payment system into reality. Instead of a company or an individual issuing shares, a software protocol issues DAO tokens as a software product.
STO/ICO Status
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Basics
Platform | Ethereum |
---|---|
Type | N/A |
Accepting | ETH |
Circulating Supply | N/A |
KYC | N/A |
Restricted Areas | N/A |
Homepage | Website URL |
White Paper | View/Download |
About
Claim quarterly rewards based on the total DGX collected through transaction fees. Used to pledge on DigixDAO proposals with the goal of increasing DGX adoption. DGD value fluctuates based on exchange rates and market forces. There are 2,000,000 DGD tokens in existence.
REWARDS
DGD holders get to claim rewards on transaction fees of DGX. Transaction fees are at 0.13% of balance sent.
BADGES
Pledges who sent over $15,000 USD during the crowdsale receive a special proposer badge, which allows them to submit proposals to DigixDAO.
PROPOSALS
Once proposals have been approved by badge holders, voting is open to all DGD holders who can accept or reject with an on-chain ballot.
The DigixDAO governance model is currently undergoing a careful planning, development and auditing process. Watch this space for exciting updates to come, and join our community to get involved with it's progress.