Looking for DigixDAO? Find DGD Price, Exchanges, Reviews, Chart, Historical Data & DGD Marketcap
DigixDAO (DGD) Ranked 105 in Coin Market Daddy Currencies Index. DigixDAO (DGD) price is $19.88. It has a current circulating supply of 2,000,000 DGD and a Marketcap of $39.76M. Today DigixDAO price is down (-0.20%). $1.19M worth of DigixDAO (DGD) has been traded in the past 24 hours. DigixDAO (DGD) currency type is token (Ethereum). DGD trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update DigixDAO (DGD) and contribute to CMD Cryptocurrency Encyclopedia.
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.