RE: Deep Dive: DGD, Digix DAO

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Deep Dive: DGD, Digix DAO

in ethereum •  7 years ago 

Would like to understand better the purpose of DigixDAO as a coin.

ethereum
7 years ago by

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      ·  7 years ago 

    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.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00