{"id":3062,"date":"2018-09-26T09:49:27","date_gmt":"2018-09-26T09:49:27","guid":{"rendered":"https:\/\/holytransaction.com\/blog\/?p=3062"},"modified":"2021-07-26T20:07:53","modified_gmt":"2021-07-26T18:07:53","slug":"digixdao","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2018\/09\/digixdao.html","title":{"rendered":"Welcome to the Universal Wallet and Exchange, Digixdao."},"content":{"rendered":"

\"\"<\/p>\n

If you thought about holding or exchanging DGD Token, now you can do so directly with your HolyTransaction Universal Wallet. <\/span><\/p>\n

It’s now possible to add DGD wallet to your dashboard and use it to access and exchange 26 different crypto, instantly. Everything in one account.<\/span><\/p>\n

Now you are free to store DGD on HolyTransaction<\/a>, transfer them to any other wallet, and make crypto-to-crypto transfers from and to DGD. All HolyTransaction customers can create a new address for their own DGD Token Wallet.<\/span><\/p>\n

DGD Wallet features
\n<\/b>Just like Bitcoin and all the other 25 digital currencies supported, you can now:<\/span><\/p>\n

\u2022 Send DGD Token\u00a0to any address, even to addresses of other crypto, with instant conversion on the fly;
\n\u2022 Receive\u00a0transactions;
\n\u2022 Exchange\u00a0DGD\u00a0 <\/span>Token with any supported coins;
\n\u2022 Make instant transactions\u00a0between HT users;
\n\u2022 Get real time exchange rates\u00a0on the website;
\n\u2022 Set OTP\u00a0for additional protection.<\/span><\/p>\n

If you are not able to see your newest DGD Wallet, you just need to click on the \u201cplus\u201d button on the top right of the balance page, once you successfully login into your own wallet.<\/span><\/p>\n

About DigixGlobal and DigixDAO:<\/b><\/span><\/p>\n

DigixGlobal is the first organization built on Ethereum that tokenizes physical assets onto the Ethereum blockchain, specifically 99.99% London Bullion Market Association (LBMA) approved Gold bars through our Proof of Asset (PoA Protocol). They anticipate that synergies amongst all Decentralised Applications (DApps) on Ethereum will eventually lead to an increased volume of Digix Gold tokens.<\/span><\/p>\n

DigixDAO is a suite of smart contract Decentralized Autonomous Organization (DAO) software created and deployed by DigixGlobal on the blockchain, and aims to work with the community to govern and build a 21st century gold standard financial platform on Ethereum. It wants to establish a standard in being an open and transparent organization using the power of Ethereum smart contracts, such that DigixDAO token holders can directly impact decisions dedicated to the growth and advocacy of the DigixCore Gold Platform. In return, token holders are able to claim rewards of transaction fees on DGX from DigixDAO every quarter on the Ethereum platform.<\/span><\/p>\n

All raised Ethers will be kept in a publicly disclosed Ethereum address. The DAO will have a project pledging mechanism in place, where token holders are eligible to pledge their approval \/rejection of project proposals suggested by DigixGlobal, before any of the raised ETH can be unlocked from the DAO\u2019s multisignature<\/a> contract wallet.<\/span><\/p>\n

DigixDAO wants the community to directly influence the allocation of raised ETH in a transparent manner. All project proposals will be uploaded onto the InterPlanetary File System (IPFS) and is publicly available. Token holders will get to pledge their support for projects on the blockchain before any of the cryptocurrency raised can be released to DigixGlobal.<\/span><\/p>\n

They predict that their product will revolutionize the digital gold industry by providing an open and transparent asset backed token on Ethereum.<\/span><\/p>\n

A selection of key terms for understanding:<\/b><\/span><\/p>\n

DigixDAO Token (DGD):<\/b> DGD Token entitles you to pledge for project proposals at Digix and allows you to claim a reward on transaction fees collected on the system every quarter. They are divisible to 9 decimal placings and are transferrable.<\/span><\/p>\n

Gold Asset Ownership Card:<\/b> A digital Gold asset card issued to the purchaser of a Gold bar as listed on the Digix Web Application marketplace.<\/span><\/p>\n

Pledging:<\/b> Every DGD token automatically entitles the holder to pledge on proposals that are submitted by Proposers or Digix Developers. Your pledge significance is directly proportional to the amount of DGD tokens held in your ethereum address.<\/span><\/p>\n

Proposer\u2019s Badge:<\/b> The Proposer\u2019s Badge entitles the Proposer to formally propose a project or a feature he\/she will like to see on the Digix platform. For example, it could be as simple as an add-on button feature, a live Gold visual chart or an additional product offering. Proposer badges also allow you to vet on other Proposer\u2019s projects. Proposer badge significance is directly proportional to the number of badges you hold in your ethereum address. Proposer badges are different from pledging.<\/span><\/p>\n

Number of DigixDAO (DGD) tokens in existence:<\/b><\/span><\/p>\n

2,000,000 DGD tokens.. DGD Token ownership is transferable to anyone who has an Ethereum Wallet<\/a>.<\/span><\/p>\n

\n

Source: https:\/\/bravenewcoin.com\/assets\/Whitepapers\/digixdao-info.pdf<\/span><\/a><\/span><\/p>\n<\/blockquote>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

If you thought about holding or exchanging DGD Token, now you can do so directly with your HolyTransaction Universal Wallet. It’s now possible to add DGD wallet to your dashboard and use it to access and exchange 26 different crypto, instantly. Everything in one account. Now you are free to store DGD on HolyTransaction, transfer […]<\/p>\n","protected":false},"author":6,"featured_media":3064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,102,189,190,191],"tags":[],"yoast_head":"\nWelcome to the Universal Wallet and Exchange, Digixdao. -<\/title>\n<meta name=\"description\" content=\"It's now possible to add DGD wallet to your dashboard and use it to access and exchange 27 different crypto, instantly. 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