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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on DigixDAO by LUIS RIVERO R

Revainrating 3 out of 5

Gold standard with Ethereum.

This is a utility token designed for the sale of physical assets such as gold, fully tokenized.

It is a whole ecosystem with different associated tokens, Digix Gold (DGX) and DigixDAO (DGD) the way in which each one is used according to the intended purpose.


The main advantage is that your token is backed with gold, its price fluctuates in consideration with this high value metal. Another aspect is that you can claim your gold in physical always.



Pros
  • Good market capitalization.
  • Many countries are limited to using their services.
  • You receive rewards for keeping your main token.
  • Available in really popular exchanges.
  • It can be stored in any wallet compatible with ERC-20 eth-  
  • Case of real use of smart contracts.
Cons
  • Some countries are limited.
  • In some cases it is not possible to obtain this product that supports our token.