Is DigixDAO the future of the stablecoin movement?

http://zipteria.com/2bc9
what is digix dawI don't know let's check it out together guys let's go down the rabbit hole finding a stable store of value in the cryptocurrency world is a lot more difficult than most people believe more crypto currencies are inherently volatile yet efforts are under where to combine the best o best of cryptocurrency with a stable assets the digix Daw is a very interesting project in this regard as it is a distributed autonomous organization or Dow which resides only if it resides on the etherium blockchain caution there's a lot to this project that much is evident so why does digitx digitx now exist the concept of distributed autonomous organization doesn't have the best track record this became incredibly apparent since the Dow got hacked several times and the etherium blotching had to be rolled back by the developers to undo all of the damage the digix Daw is by default the first successful dowel on the etherium blockchain they raised 5.5 million in effort to decentralize the future and introduced this a new stable coin it seems like an ambition ambitious project at first but significant progress has been since been made so how does digix down work exactly the first order of business is for the digix down was to introduce a new stable coin a unit of exchange which allows for storing value over time was not present until a few years ago the digix gold tokens or dgx represent value on the blockchain which will be retained over time this token is compatible with the etherium smart contracts and dgx will eventually be used as a payment tool using NFC technology this particular token is advertised as the future gold standard for value exchange in the etherium ecosystem intriguing guys every dgx a token represents one gram of 99.99% lbm a gold standard which is secured in safehouse falls as possible for users to redeem 100 dgx tokens in exchange for 100 grams of physical gold ah the it is emerging to me now what this is all about this process can be completed in person or via mail which is pretty interesting other feature is on chain proof of auditing with no fractional reserves that's nice to know for anyone looking for a relative a stable digital asset dgx is certainly worth checking out there's also the digix down token which lets holders claim quarterly rewards based on they total dgs collected through transaction fees to adhere to the true nature of a down the DGD DGD tokens can be used to pledge reward to pledge toward digix down proposals this is not a stable coin as it can be treated across exchanges and to león DGD tokens are in existence as of right now by combining the concept of rewards badges and proposals the digix now could become a major project a lot sooner than people may think that being said the governance model of this project is still undergoing careful planning and development a lot of big things are yet to come that much is evident so what comes next for a didge X down as is the case with any blockchain related project there's a lot of work to be done for the digital team a final draft audit report will be presented to the public soon once this audit is made public the launch of dgx 2.0 will take place in the next 8 weeks the team suite of smart contracts is currently on the Kovak public test net and awaits further feedback from the community there's also some new partnerships to take into account which can only be considered a good thing it will be interesting to see how the digix down evolves over the coming months what's up brother I must said we'll having breakfast for dinner we're having breakfast for dinner what a wonderful thing guys smash the like button for the little doge I believe you know I was painting your painting yeah good what were you painting a family of us family of us what color was I black why was that black because you like black that's right I do like black guys