Digixdao (DGD)

$ 137.435189590000000000

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Description

What is DigixDAO (DGD)? DigixDAO (DGD) is a decentralised autonomous organisation (DAO) that has as its main purpose the digitisation and tokenisation of physical assets on the blockchain. It was founded by Kai C. Chng and Anthony Eufemio in late 2014 and is based in Singapore. Who founded it? DigixDAO was founded late 2014 by Kai C. Chng and Anthony Eufemio. Kai Chng is an early blockchain enthusiast and Anthony Eufemio is an entrepreneur who has created multiple businesses and companies. What makes it unique? DigixDAO is unique because it is a DAO, which means it is owned, operated, and governed by its members and for its members. It is also distinct in that it has developed a Proof-of-Asset (PoA) protocol which allows anybody to tokenize and create digital assets on the blockchain. The fact that it is tokenised means that the assets are much easier to transfer and fractionalize, meaning that it is much easier for holders to gain liquidity for their assets. Where does it used? DigixDAO is used primarily as an asset-backed cryptocurrency platform. It's main purpose is to enable users to tokenize and create digital assets on the blockchain. It is also used as a decentralized platform for crowd distribution of digital assets. Where to buy/sell it? DigixDAO can be bought and sold on multiple exchanges, including Binance, Huobi, Kucoin, and EtherDelta. It is also available on several decentralized exchanges such as IDEX, DDEX and Switcheo Network.