Digix DAO Gives Out Ethereum Classic to DGD Holders
I will keep this sweet and short. Apparently DGD went on the market before Ethereum split into 2 coins. Well, there was a proposal put in and it passed, meaning that Digix is going to give out Ethereum Classic Tokens at a rate around 100 DGD to 22 Ethereum Classic. They said this would happen around ETC Block 3,800,000, and it is after that block and I believe the distribution will start within a few days (You have 1 year to claim your rewards).... Also you get to keep your DGD Tokens, this is in addition to what you have.
See this Articles for more Details:
HITBIT Exchange Press Release: https://blog.hitbtc.com/digixdao-refunds-etc-coins-to-dgd-holders/
Digix's Twitter for specifics as they come out: https://twitter.com/DigixGlobal/with_replies
Digix's post with details about the refund:
https://medium.com/@Digix/bittrex-announces-support-for-dgd-token-holders-etc-refund-redemption-snapshot-block-3-800-000-98de7702ad18
(Note you can change them in yourself, but if they were on the hitbitc exchange they would do it for you)
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wavi
Hell yeah. That's the type of news you like to hear. I'm sure most people thought they were screwed.
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Cheers,
@clayford08
thanks for sharing, i like
Thanks so much for sharing this. Super exciting to win some ETC!
Best,
Isaac
It is nice because ETC's Value, many people are getting out what they put in price wise (if they kept DGD)
Good info. Obviously it only applies to those who purchased DGD before the ETH/ETC Fork, and not those of us who purchased more recently. Still great news from an up-and-coming organization.
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