Digix Dao hits $200!! (Gold on the blockchain)
According to coinmarketcap.com DGD just hit $200!
Now this is a big jump considering earlier this year in March it was only $10!!
And if you are not aware of what DGD is I talked about earlier this year in more detail in this post:
https://steemit.com/beyondbitcoin/@stealthtrader/gold-on-the-blockchain-with-digix-dgx
According to their webiste https://digix.global/ DGD is basically the cryptocurrency you hold to earn from the DGX fees, which equal 1 gram of 99.99% Gold per DGX.
Now there can be more DGX created to represent the amount of Gold that is held on the Digix platform, but there are ONLY 2 million DGD tokens (which is 10x less than Bitcoin).
Conclusion
With so many projects on the blockchain right now it is hard to know where to start, but with all of the new investors coming in I think we will start to see more great projects coming to the surface.
And with Digix you really can have Gold on the blockchain!
Thanks for checking this out, and let me know what you think in the comments below.
Post - Vote - Earn :D
Disclaimer: I am not an Investment Advisor, and this is not investment advice. This is for entertainment purposes only!