Review on DigixDAO by Robiul Islam
THE DIGITAL GOLD STANDARD.
It has built up a perimeter of technologies including The Proof of Provenance Protocol and Tokens (DGX) on Ethereum. It offers a use case for tokenisation and documentation of physical resources through its Proof of Asset protocol. Poa's protocol uses the Ethereum and interplanetary file system (IPFS) to track an asset through its custody chain. This allows opening of an asset's existence and validation of the public without a centralized database. It also provides an API that allows us to create other applications at the top of their API tokenisation service.
A great investment through both bull & bear markets. Will appreciate over time with the value of gold.
Pros
- High Trading Volume. Large-scale List Of Exchanges.
- They Frequently Share Blog & Press Updates. Hard Working Team.
- Very Low Token Supply. Very Stable Price In Market Downtrends.
- Testimonials From Industry Experts.
- Cryptocurrency Backed By Real Gold Stores.
Cons
- Competitors can easily enter this market! Frequent audits are required to prove there are sufficient stores of real gold available. Tether & DAI suffer the same issue.
