DigixDAO has been making a name for itself in recent weeks, as this tokenized gold on the Ethereum blockchain has caught the attention of a lot of investors. OpenLedger, the decentralized digital currency exchange on the BitShares platform, recently announced they will add DigixDAO trading to their platform very soon.
Keep An Eye On DigixDAO And OpenLedger
It is impossible to deny the excitement surround DigixDAO these days, as their recent crowdsale shattered all expectations in the first 24 hours. The team has hoped to reach their crowdsale goal over the course of an entire month but were quite surprised to find out that target had been met in the first 24 hours.
There is a certain appeal to investing in a tokenized version of gold, especially when it is linked to distributed ledger technology. The DigixDAO team uses the Ethereum blockchain for transparency and its smart contract capabilities, which will automatically execute conversions from crypto to gold and vice versa.