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Digixdao (dgd): The Only Top 50 Cryptocurrency To Increase In Price In The Past 24 Hours

Digixdao (dgd): The Only Top 50 Cryptocurrency To Increase In Price In The Past 24 Hours

DigixDAO (DGD): The only Top 50 cryptocurrency to increase in price in the past 24 hours The overall cryptocurrency market is showing a bearish momentum in the last 24 hours as the prices of the coins and tokens dipped across the board. At the top of the chart, Bitcoin has lost 3.15% in the last 24 hours to trade at $7436 USD with Ethereum drowning even further at $586 USD, a 4.72% drop since yesterday. The drop quickly spread across the other cryptocurrencies which heavily require BTC and ETH as trading pairs. Looking further down the charts, the first green lit token returns seen is Digix DAO (DGD) with an increase of 12% in the last 24 hours. This is an incredible achievement for a coin ranked 51 spots below BTC on Coinmarketcaps ranking. Only Huobi Token (HT) performed better in the top 100 coins with a 15% daily increase. This has been the story of DGX, the gold backed token every time we witness a fall in price in the overall cryptocurrency market. The token acts as a hedge with its price swindling in opposite directions to most of the other cryptocurrencies on the charts. DGD is currently trading at $159.19 USD, representing a 12.21% in price since yesterday. The Ethereum based token, performed even better against Bitcoin increasing by 15% in the last 24 hours. The token increased from 1854491 satoshis to 2141010 satoshis over the day as BTCs price fell further below $7500. DGD however has seen its overall price plummet in the last 30 days from $262 USD per token its current price representing over $100 USD loss per DGX owned. The coin is however gradually improving to cross the $160 mark for the first time since May 24th. DigixDAO (DGD) is traded on approximately 11 exchanges with Binance controlling over 80% of the total daily volume traded. The DGD/BTC pair o Continue reading >>

Another All-time High As Digixdao Price Reaches $582

Another All-time High As Digixdao Price Reaches $582

It seems the DigixDAO price is not done just yet. Whereas its bullish momentum began forming a few days ago, most people assume a price retrace would set in soon enough. So far, that has not happened in the slightest, as the DigixDAO price simply keeps rising to new heights in quick succession. It is a remarkable trend, yet it shows good money can be made in cryptocurrency when the going gets tough. It is quite remarkable to see how far the DigixDAO price has come over the past few days. Although most people see a lot of value for this project and its approach, there are others who simply see this token as a way to get rich quick. It seems both parties are getting exactly what they want, as the DigixDAO price simply keeps rising day after day. In the past week alone, we have seen some astronomical growth for DGD, and it seems the momentum is not over just yet. More specifically, one week ago today the DigixDAO was struggling to hold on to the $320 support level. It seems that the effort was more than successful, a sit eventually resulted in a price increase to nearly $400. After a brief retrace due to profit taking and whatnot, the climb to $425 was completed successfully. For holders since the $320 level, this resulted in a neat $100 profit per DGD in under four days. There are worse ways to make good money in this world, that much is evident. Even so, things did not end there as far as the DigixDAO is concerned. Fast forward to today, and that same DGD is worth $582.74 at current prices. Compared to one week ago, it is a near 90% increase in value for just owning a token and not spending it. While it still remains a bit unclear why this momentum is solidifying now, original ICO investors wont mind this current trend at all, for obvious reasons. With $116.88m in 24-ho Continue reading >>

Another All-time High As Digixdao Price Reaches $582

Another All-time High As Digixdao Price Reaches $582

Another All-time High as DigixDAO Price Reaches $582 It seems the DigixDAO price is not done just yet. Whereas its bullish momentum began forming a few days ago, most people assume a price retrace would set in soon enough. So far, that has not happened in the slightest, as the DigixDAO price simply keeps rising to new heights in quick succession. It is a remarkable trend, yet it shows good money can be made in cryptocurrency when the going gets tough. It is quite remarkable to see how far the DigixDAO price has come over the past few days. Although most people see a lot of value for this project and its approach, there are others who simply see this token as a way to get rich quick. It seems both parties are getting exactly what they want, as the DigixDAO price simply keeps rising day after day. In the past week alone, we have seen some astronomical growth for DGD, and it seems the momentum is not over just yet. More specifically, one week ago today the DigixDAO was struggling to hold on to the $320 support level. It seems that the effort was more than successful, a sit eventually resulted in a price increase to nearly $400. After a brief retrace due to profit taking and whatnot, the climb to $425 was completed successfully. For holders since the $320 level, this resulted in a neat $100 profit per DGD in under four days. There are worse ways to make good money in this world, that much is evident. Even so, things did not end there as far as the DigixDAO is concerned. Fast forward to today, and that same DGD is worth $582.74 at current prices. Compared to one week ago, it is a near 90% increase in value for just owning a token and not spending it. While it still remains a bit unclear why this momentum is solidifying now, original ICO investors wont mind this current tren Continue reading >>

Omisego And Makerdao Collaborating For A Decentralized Financial Future

Omisego And Makerdao Collaborating For A Decentralized Financial Future

OmiseGO and MakerDAO Collaborating for a Decentralized Financial Future OmiseGO and MakerDAO Collaborating for a Decentralized Financial Future When the common goal is the same, in this case financial decentralization, collaboration can often help to achieve it faster. MakerDAO and OmiseGO have teamed up to consolidate their roadmaps towards achieving a financial revolution. Announcements came from both teams yesterday confirming the partnership and continued efforts to work towards their common objective. Maker, a decentralized autonomous organization (DAO), offers a cryptocurrency, DAI, which is price stabilized against the US dollar in a similar way that Tether is. The Dai Stablecoin System is a decentralized platform that runs on the Ethereum blockchain, and its creators seek to minimize price volatility. OmiseGO is a currency-agnostic decentralized exchange which will allow users the freedom to exchange and manage any digitized asset. There have already been a number of successful partnerships in Southeast Asia where the OMG team are based. By working together the two projects intend to use a stablecoin to avoid the wild price fluctuations many of the other cryptocurrencies endure. Unlike most regular stablecoins which are centralized, Dai is decentralized with its issuance and value transparently linked to assets held in smart contracts. It provides the perfect opportunity for OMG which is striving to provide a decentralized crypto exchange. Were thrilled to say that Dai will be available on the OMG DEX. OMG network users will have the option to hold, send and trade against Dai from day one, gaining the benefits of a stabilized asset without having to rely on a centralized third party to guarantee its viability. With a decentralized stablecoin held on a decentral Continue reading >>

What Is A Dao? - Coindesk

What Is A Dao? - Coindesk

Imagine this: a driverless car cruises around in search of passengers. After dropping someone off, the car uses its profits for a trip to a charging station. Except for its initial programming, the car doesnt need outside help to determine how to carry out its mission. That's one "thought experiment" brought to you by former bitcoin contributor Mike Hearn in which he describes how bitcoin could help power leaderless organizations 30-or-so years into the future. What Hearn described is one dream use case for a decentralized autonomous organization, or a DAO, an idea that swirled through the community not long after bitcoin was released in 2009. The thought is that if bitcoin can do away with financial middlemen, then maybe companies and other organizations can one day operate without hierarchical management. In short, DAOsaim tohard-code certain rules that a company would from the get-go. This could be setting aside a certain percentage of earnings for a causeordetermining a process by which such a rule could be changed. In the abstract, this is similar to how a normal company works. The big difference is that the rules of normal companies are not enforceddigitally. The best-known attempt at creating such an organization was called " The DAO ." Launched in 2016, the project failed in a matter of months, but its a good example of what people have in mind when they talk about the technology. The plan was for participants to receive DAO tokens, then vote for which projects to fund. For selecting projects to invest in, it relied on the "wisdom of crowds." There are a few ways that The DAO intended to improve on the governance of todays organizations: Anyone with internet access could hold DAO tokensor buy them DAO creators could set whatever rules they voted on. In abstract Continue reading >>

Dao.casino

Dao.casino

Ilya is a serial entrepreneur with experience in finance, operations and marketing. He sold his trading company in 2014 and became a believer in decentralised technology. GFKM MBA, IBSI business school. Blockchain assets investor. Experience: Entrepreneurship, Management, Gambling, Blockchain investment, Marketing Started his first business at the age of 17. Worked as a broker an Re&Solution after graduating from EBSI. Since 2014 became deeply interested in blockchain technology, and created one of the first decentralised economy reports. Cofounder: cyber.fund, first blockchain traded fund(BTF) Satoshi.fund, and open source social network Golos.io. Started with Bitcoin in 2012 and in 2013 created the integrated circuit board prototypes at 55nm (bitfury) and 28 nm (coincraft), in 2015 developed own trading platform connectivity Thomson Reuters. First Ethereum smartcontract writed in 2016. Own project @tdxbot (poloniex client for Telegram) has 3000+ members. Ranked in the top 10 web developers for version fl.ru, more than 100 projects created from scratch. An active participant in the open source community. Ksenya is interested in self-organization and decentralized infrastructure since 2005, in 2014 she joined World Crypto Network - community run channel for crypto-economy enthusiasts as a co-host. In spring 2014 started trolling Ethereum project, but had a chance to learn about it from the members of the core team and was converted. Back then one of the industries she saw potentially disrupted was gaming, because of the wide demographic and number of users, and the need for trustless p2p interaction. Aleksandra is project lead with 8 years of experience. She worked in IT and fintech industry. One of her best skills is to motivate people and drive the team forward despi Continue reading >>

Wings (wings) Coin Is The Next Big Crypto Coin

Wings (wings) Coin Is The Next Big Crypto Coin

Wings (WINGS) coin is the next big crypto coin There is a new crypto coin in the market; theWings (WINGS) coin. Wings coin is the token used in the WINGS DAO alpha platform. DAO stands for Decentralized Autonomous Organizations. DAO alpha platform brings a new aspect to cryptocurrency where users can participate in DAO management, forecasting, crowdfunding as well as marketing. The WINGS cryptocurrency is quite a new blockchain network. It was released in May, 2017; meaning it has not even spent a year in the crypto market. The WINGS DAO alpha platform is built on an Ethereum technology. This gives it the energy it requires to create an amazing cryptocurrency network. The WINGS Token is used in the WINGS community. The token generally allows the members of the community to select and scrutinize the ICOs. The members can then forecast success of the funding proposals of the accepted projects in exchange for rewards. The WINGS Token is also available on a number of exchanges, including Liqui and Brittex. Therefore, investors can trade the WING crypto coin by buying and selling it against other cryptocurrencies as well as fiat currencies. The most traded pairs in this case are the WINGS/ETHEREUM, WINGS/BITCOIN and WINGS/USDT. The maximum supply of WINGS coins is set at 100,000,000. Currently, the total coin in circulation is 89,708,333 WINGS; meaning the target was just about 11,000,000 WINGS away. The current market cap of the coin is $66,984,674 USD equivalent to 7,947 BTC. This is a great improvement and an indicator that the coin is headed for a great future. Wings (WINGS) price has, however experienced a decline just as the case with the rest of the major cryptocurrencies like Bitcoin, Ethereum , etc. After the sudden upsurge in prices in December where the WINGS coi Continue reading >>

Digixdao: Investors Flee To Gold-backed Coin

Digixdao: Investors Flee To Gold-backed Coin

DigixDAO: Investors Flee to Gold-Backed Coin The once-obscure cryptocurrency DigixDAO(DGD) backed on gold, has rocketed in value since Thursday as investors scurry to shelter with cryptocurrencies across the board bomb in value. In the last 24 hours, thecryptocurrency market has been devalued by $100bn as concerns over regulation and price manipulationon the major exchange, Bitfinex, started a rout on Thursdaymorning. This has been reflected in major cryptocurrencies, likebitcoin, ethereum and rippletanking inprice. However, as themarket route began DGD was the only coin out of the top 100 coins to actually increase in value.On Thursday afternoon, DGD reached a record high of $295.39 and by Friday morning the coin was trading at highs of $433.72, a 54% increase compared to the coins value at the beginning of Wednesday. On its website, Digix is referred to as Ethereums first major Distributed Autonomous Organisation. It is a gold-based lending platform thatuses twotokens, the DAO and the DGX. The DGX token represents one gram of London Bullion Market Association (LBMA) standard gold with DAO tokens giving the holder voting and owning rights in Digix. DGD owners can also claim fees earned from the DGX token There are two million units of DGD in circulation- meaning that a total market cap on Friday morning was $867,444,000.The currency has been heavily traded by investors. In the past 24 hours, $62m worth of the coin has been traded on exchanges. Being based on gold gives theDigix tokens a stable value and minimises the wild volatilitywhich characterisesother cryptos. It effectively tokenises gold and its inherent stability has probably attracted investors concerned over the state of other coins. DigixsICO took place in March 2016 and hit the 5.5m target within a space o Continue reading >>

What Is Dao And How It Works

What Is Dao And How It Works

What is DAO and how it works. Examples of DAO. How to become DAO shareholder, story of The DAO. What is DAO and how it works. Examples of DAO. How to become DAO shareholder, story of the DAO For updates and exclusive offers, enter your e-mail below. Imagine a vending machine that not only takes money from you and gives you a snack in return but also uses that money to automatically re-order the goods. This machine also orders cleaning services and pays its rent all by itself. Moreover, as you put money into that machine, you and its other users have a say in what snacks it will order and how often should it be cleaned. It has no managers, all of those processes were pre-written into code. This is, roughly, how a DAO or a Decentralized Autonomous Organization, works. The idea of such management model has been circulating in the cryptocurrency community ever since Bitcoin managed to get rid of middlemen in financial transactions. Similarly, the main idea behind DAO is establishing a company or an organization that can fully function without hierarchical management. It is essential to draw a distinction between DAO as a type of organizations and The DAO, which is merely a name of one of such organizations. The project was one of the first attempts at creating a DAO and it failed spectacularly within due to a mistake in its initial code. Initially, Bitcoin was considered to be the first ever fully-functional DAO, as it has a pre-programmed set of rules, functions autonomously and is coordinated through a distributed consensus protocol. Since then, the use of smart contracts was enabled on the Ethereum platform, which brought the creation of DAOs closer to the general public and shaped their current look. But what does a DAO need to be fully operational? First of all, a set Continue reading >>

35% Leap: Digixdao Price Makes Lonely Advance As Market Retraces

35% Leap: Digixdao Price Makes Lonely Advance As Market Retraces

35% Leap: DigixDAO Price Makes Lonely Advance as Market Retraces The DigixDAO price rose 42 percent on Friday, making it the lone cryptocurrency in the top 100 to resist the deepening market correction and achieve an advance against the value of the dollar. DigixDAO Price Makes Lonely Advance as Market Retraces First launched in 2016, DigixDAO was one of the first decentralized autonomous organizations (DAOs), and it provides the backbone for the gold-backed Digix (DGX) ecosystem. Simply put, while each DGX token is backed by one gram of gold stored in reserve, DGD tokens float according to market demand, which is based primarily on the fact that DGD holders accrue dividends derived from DGX transaction fees. The DigixDAO price began the year near $180, and it gradually ticked up through the month of January. On Jan. 31, though, DGD began to hasten its climb, and on Feb. 2 it briefly spiked to an all-time high of $491 before sinking back down to a present value of $361. Despite this moderate pullback, the DigixDAO price is still up 42 percent for the day, which is all the more remarkable considering that every other top 100-cryptocurrency is in decline. DGD now has a $723 million market cap. The vast majority of DGD volume is centralized on Binance, where the tokens BTC and ETH pairs account for approximately 88 percent of its global trading volume. Huobis BTC and ETH pairs add another nine percent, and OKEx is the only other exchange that has processed more than $1 million worth of DGD volume in the past day. Digix Partners with MakerDAO to Produce Stablecoin The DigixDAO price rally appears linked to the Jan. 31 announcement that Digix had formed a partnership with MakerDAO to help produce the latters so-called stablecoin a cryptocurrency whose price is stabilized to Continue reading >>

The Dao (organization)

The Dao (organization)

The DAO was a digital decentralized autonomous organization , [5] and a form of investor-directed venture capital fund . [6] The DAO had an objective to provide a new decentralized business model for organizing both commercial and non-profit enterprises. [7] [8] It was instantiated on the Ethereum blockchain , and had no conventional management structure or board of directors. [7] The code of the DAO is open-source . [9] The DAO was stateless , and not tied to any particular nation state . As a result, many questions of how government regulators would deal with a stateless fund were yet to be dealt with. [10] The DAO was crowdfunded via a token sale in May 2016. It set the record for the largest crowdfunding campaign in history. [6] In June 2016, users exploited a vulnerability in the DAO code to enable them to siphon off one third of The DAO's funds to a subsidiary account. On 20 July 2016, the Ethereum community decided to hard- fork the Ethereum blockchain to restore virtually all funds to the original contract. [11] This was controversial, and led to a fork in Ethereum, where the original unforked blockchain was maintained as Ethereum Classic , thus breaking Ethereum into two separate active blockchains, each with its own cryptocurrency. [12] [13] The DAO was delisted from trading on major exchanges such as Poloniex and Kraken in late 2016. The computer code behind the organization was written by Christoph Jentzsch, and released publicly on GitHub . [6] Simon Jentzsch, Christoph Jentzsch's brother, is also involved in the venture. [6] The DAO was launched on 30 April 2016, with a website and a 28-day crowdsale to fund the organization. [14] [15] The token sale had raised more than US$34 million by 10 May 2016, [16] and more than US$50 million-worth of Ether (ETH)th Continue reading >>

What Dao? Charting Ether's Epic 2017 Price Climb

What Dao? Charting Ether's Epic 2017 Price Climb

What DAO? Charting Ether's Epic 2017 Price Climb For ether, the cryptocurrency that powers the ethereum network, 2016 was defined in part by the creation and subsequent collapse of The DAO, the blockchain-based investment vehicle that raised more than $150 million at then-current prices. Yet as 2017 comes to a close, the cryptocurrency is closing the books on a banner year for its value, having surged from less than $10 one year ago to more than $700 as of press time. Buoyed by the overall growth of the cryptocurrency market. In this article, we look at some of the major market moments seen in the past 12 months, culminating with the cryptocurrency's temporary push above $800. Ether was in a rough spot as 2016 came to a close, dropping to a 7-month low at the beginning of December. That state of affairs continued as the days progressed , though the cryptocurrency's price was above $8 at the start of 2017. Yet as the chart above shows, the price of ether would slowly but surely, passing above $10 during the first week of January. That trend largely continued, advancing above that level once again two weeks later a move that represented the last time the global market for ether below that figure. The watershed moment in that period came in early March, when the price of ether shot above $20 . Indeed, that month saw budding interest from institutional investors in the market as well as the announcement that regulators in New York had approved U.S.-based startup Coinbase to begin trading ether in the state. By the time March came to a close, the price of ether was trading above $50, according to market data. By the latter half April, the price of ether was still trending above $40, leading some market observers to speculate that a floor was beginning to take shape. Come Ma Continue reading >>

What Dao? Charting Ether's Epic 2017 Price Climb

What Dao? Charting Ether's Epic 2017 Price Climb

What DAO? Charting Ether's Epic 2017 Price Climb Dec 30, 2017 at 16:15 UTC|UpdatedDec 31, 2017 at 14:03 UTC For ether, the cryptocurrency that powers the ethereum network, 2016 was defined in part by the creation and subsequent collapse of The DAO, the blockchain-based investment vehicle that raised more than $150 million at then-current prices. Yet as 2017 comes to a close, the cryptocurrency is closing the books on a banner year for its value, having surged from less than $10 one year ago to more than $700 as of press time. Buoyed by the overall growth of the cryptocurrency market. In this article, we look at some of the major market moments seen in the past 12 months, culminating with the cryptocurrency's temporary push above $800. Ether was in a rough spot as 2016 came to a close, dropping to a 7-month low at the beginning of December. That state of affairs continued as the days progressed , though the cryptocurrency's price was above $8 at the start of 2017. Yet as the chart above shows, the price of ether would slowly but surely, passing above $10 during the first week of January. That trend largely continued, advancing above that level once again two weeks later a move that represented the last time the global market for ether below that figure. The watershed moment in that period came in early March, when the price of ether shot above $20 . Indeed, that month saw budding interest from institutional investors in the market as well as the announcement that regulators in New York had approved U.S.-based startup Coinbase to begin trading ether in the state. By the time March came to a close, the price of ether was trading above $50, according to market data. By the latter half April, the price of ether was still trending above $40, leading some market observers to Continue reading >>

Aurora: Decentralized Finance And Cryptobanking

Aurora: Decentralized Finance And Cryptobanking

Boreals are the price-stable cryptocurrency of Aurora, backed by a combination of ether reserves, demand for loan repayment, and retailer endorsement. Traders on IDEX receive a discount when paying fees in Boreals, generating demand for the currency and supporting the target price. Snowglobe is a protocol for high-performance, EVM-compatible, decentralized sidechain exchanges. The protocol enables all exchanges on the network to share liquidity while maintaining their high-performance characteristics and network token. IDEX and Boreals will both operate on the Snowglobe network enabling Aurora to scale to meet demand. Decentralized Capital (DC) is an autonomous, decentralized bank for the blockchain age, providing boreal loans to users anywhere in the world. Secured by Snowglobe, DC utilizes blockchain based identity systems such as uPort plus in-house risk and third-party credit ratings such as Bloom to minimize loan default risk and provide a borderless, digital banking solution. Snowglobe will serve as the base of the Aurora ecosystem and create a foundation for distributed computing systems such as Golem to integrate with Aurora. Distributed computing will allow Aurora to run computationally heavy components such as the autonomous banker, responsible for managing Decentralized Capital, or the autonomous market maker that helps maintain boreal price stability. Continue reading >>

Sec Deals Blow To Icos: Dao Tokens Are Securities, Subject To Securities Laws

Sec Deals Blow To Icos: Dao Tokens Are Securities, Subject To Securities Laws

SEC Deals Blow To ICOs: DAO Tokens Are Securities, Subject to Securities Laws US Securities and Exchange Commission concludes that ICO tokens may be securities and subject to federal securities laws. It has found that the DAO (Decentralized Autonomous Organization) tokens which were issued were securities. Initial Coin Offerings have had a free run until now, raising millions of dollars in a matter of minutes thanks to a cryptocurrency frenzy. All that may change now, with the SEC concluding that ICO tokens may be securities and subject to federal securities laws. It was found that the DAO (Decentralized Autonomous Organization) tokens which were issued in 2016 were securities. There has been a spate of Initial Coin Offerings recently, which have managed to raise millions of dollars. Some organizations have found ICOs to be a convenient method to raise money for development, by tapping a new set of investors and avoiding the hassles associated with the traditional venture capital route. There are no disclosure norms to be followed and anybody can invest in ICOs. Most investors consider ICOs a speculative asset and their interest in ICOs stem primarily from the rapid appreciation in price of the issued tokens, rather than the strength of the underlying business model. The easy money associated with ICOs has resulted in many fly-by-night operators issuing tokens and resulted in regulators across the world examining the legality of such offerings. The SECs Enforcement Division had launched an investigation into whether the DAO and associated entities were subject to securities laws when they launched the sale of DAO tokens for Ether. The investigation concluded the DAO token was indeed a security and the sale of these tokens were subject to federal securities laws. Althou Continue reading >>

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