Review on DigixDAO by Maximiliano Aquino
DigixDAO
DigixDAO is a cryptocurrency project with parity on the other, which makes its currency the DGX, a stable currency, as its price will be very difficult to fall below the value of the gram of gold. While creating gold-based tokens is an ambitious project, his team has other plans for additional features on the DigixDAO platform in the future, such as introducing DGX in online games, implementing loan systems and still linking its value to other assets, like silver or platinum. . In addition to DGX, DGD has its token. The DGD token grants its holders the right to vote on the development of DigixDAO, giving each person who owns the token a share in the approval or refusal of new development proposals. It will also reward each person who owns it with the new DGX token - and this is the token that will be linked to gold, with each token linked to one gram of gold.
A very promising project that I see as a possibility to have a very competitive stablecoin for the future.
Pros
- its price linked to gold, which guarantees a certain stability to its unit price
- solid project, with a focused team and an active community
- decentralized project
Cons
- not an original idea, they have other similar projects
