TCR TOP STORIES

DigixDAO (DGD)

DGD, which stands for Digix Decentralized Autonomous Organization, is a self-governing community that gives out grants to different projects which will promote the growth of the DGX network. The DGD token is sometimes confused with a DGX token. Both are created by Digix Global, but with different purposes in mind. Slated for release in Q1 2018, the DGX token is a token backed by physical gold bullion. 1 DGX token will be equal to 1 gram of physical gold located in a vault in Singapore.

Although they are different, both the DGD and DGX tokens are linked. Holders of DGD tokens will have the ability to cast votes in the DigixDAO mechanism to decide which projects the DGD will choose to fund. Upon voting, holders will be entitled to certain rewards such as DGX discounts or rebates. The DGD tokens do not, however, provide passive income or rights to profits from DGX trades or dividends.

Top News

Telegram’s Ton Case Postponed To 2020 By Un District Court

  The UN district court, New York postpones the case hearing against Telegram Open Network (TON) which was filed by the Securities and Exchange Commission (SEC). The case will now be heard on February 2020. In accordance with the TRO filed, Telegram should have been in front of the court …

Read More »

Ripple CEO Reveals, They Sign more than 30 Deals a Quarter

Ripple is very popular among financial institutions and banks for its multinational blockchain remittance service. Previously, Ripple has collaborated with a lot of famous banks and institutions around the globe. Also, recently the CEO of Ripple, Brad Garlinghouse has stated that the blockchain remittance company Ripple has signed over 30 …

Read More »

Bitcoin Shows No Sign of Recovery, In Verge of Dropping Below $7000

Current Price of Bitcoin: Currently, the currency trading at the value of $7,938.43 and its value is decreasing by 2.03%. The market capitalization of the currency is $142,883,413,333 and the 24-hour volume of the currency is $15,138,668,727. The circulating supply is 17,998,962 BTC and the ROI of Bitcoin is 5,767.28%. …

Read More »

Cryptos Under Green Signal After CFTC Head Speaks For Ethereum Future

Heath Tarbert, head of the United States Commodity Futures Trading Commission (CFTC) talked about the future of cryptocurrency and the government regulations on cryptocurrency as well in the recently held  Yahoo Finance’s All Markets Summit in New York City on October 10. The native derivative cryptocurrency of the Ethereum ecosphere, …

Read More »
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.