2729 cryptocurrencies
Total Market Cap $289.93B
24h Total Volume $5.38B

Digix DAO  (DGD) Digix DAO (DGD) star

$33.99
0.93 (2.83%)
The current price of Digix DAO in US dollars is $33.99 USD. To compare it's value every 1 DGD coin is worth 0.00534590751811 in BTC.

During the last 24 hours Digix DAO’s price has changed 2.83% (or $0.93 USD) it reached a low of $32.26, and high of, $34.95. A total of 0 DGD coins worth a total of $1 USD was traded in the previous day at crypto exchanges like Kucoin, and Binance.

Digix DAO’s market cap is made up of 0 DGD coins valued at $0 USD. That means Digix DAO makes up 0.00% of the entire cryptocurrency market capitalization of $289.93B!

Due to cryptocurrencies trading 24/7, that value/exchange rate will change constantly. To keep updated on the price, market cap, and trading information on Digix DAO just bookmark the Live Digix DAO Price page.

Digix DAO Price Chart

DGD Coin Data

Digix DAO is a new form of cryptographic asset in that it is a Decentralised Autonomous Organisation or DAO for short. DAO are basically Companies written in code that are there to perform a set of functions with holders of the tokens voting in relation to the number of tokens they hold. 

The Digix DAO gives users the right to profits in the trading of Digix tokens (DGX) which own the right to gold stored in vault in Singapore. So if people trade 20 gold bars per day - the Digix DAO token holders will have the profits of the commission from those trades distributed equally amongst themselves. 

Digix DAO is a "Decentralised Autonomous Organisation" - DAO's are a nascent idea and are therefore not a fully proven concept. The Digix DAO tokens give holders the rights to vote on how funds earned by the DAO are spent and act like shares in a traditional Company. 

The DGD tokens give users the right to earn profits from the trading of DGX tokens - which are tokens backed 1:1 with a gram of gold. The DAO or DGD tokens earn a commission fee based on the number of trades of the DGX tokens. holders of the tokens can vote for 

There are costss for the DAO so headline commission is not equal to profit. The cost come in the form of storing the gold and auditing its veracity. This is where the role of voting rights come in as holders of the tokens can vote who they want to audit the gold. 

If the DAO runs out of funds the founders can propose to raise more tokens in an offering which requires a special majority of voters to agree to. 

The initial offering raised $5.5million for 85% of the tokens. The other 15% were rewards for developers and founders - a premine of sorts.  

The DAO token is built on ethereum. 

The ICO - or initial coin offering - raised $5.5million to acquire the 85% of the DGD tokens. 

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Market share 0.00%
Proof type N/A
24h Open $33.06
24h Low $32.26
24h High $34.95
Price in BTC 0.00534590751811 BTC
Current Supply 0 DGD
Market cap $0
24h Volume (coin) 0 DGD
24h Volume (currency) $1
Last updated 2018-09-19 04:15:20 +01:00 BST
ID Market Type Price Quantity Total


Date Price Volume

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