Digix: Gold-Backed Ethereum Smart Contracts for All

Digix: Gold-Backed Ethereum Smart Contracts for All

Gold-backed Ethereum token offering Digix (sale.digix.io) has completed its crowdsale, opening up decentralized gold-backed smart contracts to anyone. The democratic autonomous organization (DAO) achieved over $5.5 million USD funding in 12 hours upon the start of the crowdsale on March 30. Now, along with the launch of trading later this month, developers will work on expanding the project according to the will of token holders who participated. Token holders will in return for their participation receive a portion of transaction fees. “Everything that goes into our project gets voted....


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Quotes

Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. I’m not surprised to see that happening.

James G. Rickards, American Lawyer, Economist & Investment Banker