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File: 108 KB, 1105x642, dgdfounder.png [View same] [iqdb] [saucenao] [google]
15324615 No.15324615 [Reply] [Original]

Attention all brainlets

Buy DGD. Same scenario.

DigixDAO is a Decentralized Autonomous Organization that is controlled by token holders.

They did an ICO in 2016 raising $5,500,000 in funds (466,648 ether).

Currently the DAO has the custody of 394,900 ether from the funds (remember, token holders control this).

https://etherscan.io/address/0x75bA02c5bAF9cc3E9fE01C51Df3cB1437E8690D4

https://etherscan.io/address/0x24626FD95aD815bAB2136d6f91cA10562161CDa3

The access to the funds is through a governance model in which token holders make proposals and vote on them to be implemented.

Currently there is a proposal for implementing a new function/contract that will be burning DGD tokens and spitting out the ethereum that is held by the DAO.

The amount of ETH that someone burning a DGD token will get is 0.197, the current price for DGD is 0.104 ETH. That means is a 2x from here to reach the new floor.

Now the token price can never ever be below 0.197 because now the full supply of DGD is backed by the ethereum in the contract.

Tether is backed and pegged to dollars. DGD is going to be backed by ETH but no pegged so it will only increase in value.

https://community.digix.global/#/proposals/0x295ae203328a91bd9063f4384b270461437910ccdd26ba3ded2cac2890b16ac5

Over 30% gains since I started posting 2 weeks ago. Plenty of time to get in for the easy 2x.

The voting phase is now official. Results will be in within 14 days.

Dgd/Eth has already risen from .08 to .10 during the last two weeks that I've been raising awareness.

>> No.15324635

>>15324615
Why do you keep posting this? Curious

>> No.15324675

>>15324635
>why do scammers keep posting the same shit over and over?

>> No.15324714

>>15324675
>>15324635
scammers going to scam <70 IQ humans on tis board.

>> No.15324781
File: 433 KB, 595x369, doublemoney.png [View same] [iqdb] [saucenao] [google]
15324781

>>15324714
>>15324675
scam? There's nothing more legit than this.

check out the Digix discord, reddit, or telegram.

DGD was the FIRST ever ethereum ICO and raised over 400k ether.

it's akin to a stock buyback.

there are 400,000 ether in the DGD smart contract : links in OP. Those ether are worth $75million usd.

Total DGD tokens is 2,000,000 and they are currently about $19 each which is $38 million.

It's the same thing as saying the marketcap of a stock is only $38 million but the company has $75 million in cash. Doesn't make sense right? The company would do a buyback of it's shares to and bring it to par where the stock value = market cap.

DGD voters are proposing the same thing.

Currently there is about .195 ether per DGD token.

The current market price is only .103 ether per DGD.

This means that when the vote is finally pushed through... you will be able to swap every DGD you own for .195 ether. At current price that is almost a 2x.

>> No.15325273

>>15324781

https://community.digix.global/#/proposals/0x295ae203328a91bd9063f4384b270461437910ccdd26ba3ded2cac2890b16ac5

why is the proposal lacking any current votes?

>> No.15325341

>>15325273
this wtf op

>> No.15325360

>>15325273

The proposal passed the draft phase with 100% yes votes.

the proposal is now in the voting phase. For the first 10 days of this phase ALL votes are hidden and anonymous.

TIME LEFT TO END OF COMMIT: ____
when this number reaches 0 the votes are revealed and everyone can see them for the final 5 days

>> No.15325375

>>15325273
approx 2 days until the reveal.
>>15325341