You are viewing a single comment's thread from:RE: Deep Dive: DGD, Digix DAOView the full contextethnomusica (25)in #ethereum • 6 years ago Would like to understand better the purpose of DigixDAO as a coin.
The token is used as a voting tool. There was a crowdsale two years ago when Digix raised 455k ETH, and DGD holders can vote on how to use it and then get rewarded in DGX for voting.
It is sort of a decentralized corporation or organization.