Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DigixDAO] Crowdsale campaign start
by
bitbitch
on 07/05/2016, 11:14:20 UTC
What was the ICO price of 1 token?

Thanks

around $4

what's the source of the 600 grams of DGX gold contracts info you posted yesterday please?

token explorer https://app.digix.io/#/explorer

600 gr gold has been purchased and is tokenized

thanks.

so there have been six 100 gram trades of gold to DGX tokens on the blockchain thus far, and ALL 6 have been transacted by only one company, ValueMax Pte Ltd. of Singapore, which is a Digix Global business partner. this seems like a very closed ecosystem.

the yield for holders of DGD is going to be essentially nothing at this rate of gold trading. there's just no fundamental value to support DGD's market cap or price. these tokens are near worthless imho. it's just 600 grams of gold sitting in a secure facility at Singapore Airport supporting a cap of $26,000,000?

buying gold is just so much better value than buying DGD. this is crypto gone crazy.