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File: 108 KB, 1105x642, dgdfounder.png [View same] [iqdb] [saucenao] [google]
15290424 No.15290424 [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 .110 during the last two weeks that I've been raising awareness.


Also beware:
https://community.digix.global/#/proposals/0xf26b62b8889e85f1d403122d92c4ba7157795ee0b99d73ace84ad1defd1347cd

Some idiot is trying to get $5 million (20k ether) from the DAO for his 10 page shitty proposal. This is EXACTLY why the burn feature will be implemented. Idiots trying to drain the DAO with first grade level proposals.

Incredible trading opportunity. Wake the FUCK up folks.

>> No.15291019
File: 77 KB, 189x187, f23bb02b3dc13c0ee8a07e7a22d52f0e.png [View same] [iqdb] [saucenao] [google]
15291019

sounds too good to be true.. an imminent 2x? does the market just not know about it yet? why is the market so unresponsive to this news?

>> No.15291554
File: 433 KB, 595x369, doublemoney.png [View same] [iqdb] [saucenao] [google]
15291554

>>15291019
because the DigixDao discord has only 100 members. These guys are going to make a fortune when the vote is pushed through.

Anons on this board don't have the comprehension or ability to focus for just 5 small minutes on a small article that confirms a very VERY easy 2x trade.

Others are too damn stupid and will end up buying in 1-2 weeks for 30-40% gain rather than taking free gainz now.

>> No.15291607

>>15291554
Read the community.digix.global link in it's entirety, I am still hardly understanding what all of this means.

>> No.15291610

>a fucking chink
cringe yikes

>> No.15291643
File: 489 KB, 599x424, freemoney2.png [View same] [iqdb] [saucenao] [google]
15291643

>>15291607

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.15291706

why have you been posting this every day for 3 weeks anon? i dont get it. same post every time. its pasta at this point

>> No.15291754
File: 482 KB, 1039x581, freemoney.jpg [View same] [iqdb] [saucenao] [google]
15291754

>>15291706

every day is a day closer to the vote being finalized.

every anon I help is 1 more person to the list of people I help out of wage cuckery. my heart fills itself from all of these kind acts.

>> No.15291871

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

this is where youre covering up the risk. theres no guarantee that the vote will pass, and if it does theres no guarantee the function will actually be made and implemented and if it is, theres no guarantee that it will work properly (like the DAO). and if all of that happens you still have to wait for the extremely slow digix devs to move their butts

shill harder

>> No.15291892

>>15291871
bobby! 1.5 month wait to double your money with no risk! He's trying to fud and pass on the opportunity. What a fucking IDIOT! This is what the world has come to. Take notice anons. This generation of imbeciles that were created from heavy internet usage are simply delusional.

Imagine passing on the opportunity for a risk free 80-100% gain because it will take 1.5 months!

LOL!

This is a no-brainer for the DGD community to pass, as they are currently at all-time lows, have been bleeding out for the entire year, and are in dire need for something to change that. This comes as no cost to DGD holders, and benefits them MASSIVELY as it creates an absolute floor for their hemorrhaging crypto project.

Your 3 month 90 day fud is funny. Must be a fun life working as a wagecuck. It's going to feel great next week when you are helping me shill because your paycheck finally arrived to Binance.

>> No.15291917

>>15291892
chill out mofo, we aint saying DGD holders dont want this, we saying why the DGD team would implement this (effectively losing all their ico funds) without dragging their feet

>> No.15291926

>>15291892
>risk free
>has risk
huh

>> No.15292475

>>15291917

the funds in the DigixDao belong to the holders of the DAO aka people who own DGD tokens. The DGD team implements anything that gets voted through.

The DGD team only tried to raise $5m usd for the entire ICO. instead it raised over 400k ether and the team has already cashed out $20 million usd when ether was $500+ to cover dev expenses for many years.

>> No.15292579

This will never happen give up man. Look at the last comment on the burn proposal on the discord

"You do realise you have the option to transfer dgds?
The progression from not needing to trust == burn does not make sense
If you do not beleive in the system, you are free to exit by not owning dgds
The current comments on the burn proposal within the platform is very light. Factually, the pro burn commenters have low rp and qp, whereas those that doubt the efficacy of the burn has higher qp and rp.
While on discord itself, no one knows how much rp or qp anyone has, or if there is anyone commenting with any real skin in the game.
If we listen to these rhetorics to make a decision, instead of factually looking at the voting outcomes, then we should relabel dgds as DDO, a digix discord organisation
As someone mentioned within the platform itself, we are only on q2 of digixdao."

Thats from a staff member. The community is all over the place with this

>> No.15292598

The team has enough locked dgd to force the vote to go the way they want it to, and they are never giving away the money.

>> No.15292797

>>15292579
https://community.digix.global/#/proposals/0x295ae203328a91bd9063f4384b270461437910ccdd26ba3ded2cac2890b16ac5

>> Factually, the pro burn commenters have low rp and qp, whereas those that doubt the efficacy of the burn has higher qp and rp.
While on discord itself, no one knows how much rp or qp anyone has, or if there is anyone commenting with any real skin in the game.

complete lie.

the highest point amount for anyone in the comment is in the 20-25 range.

and then there is

Bok•Reputation Points: 428.333•Quarter Points: 0
"I like this project!"

imagine trying to spread fud and lies. look directly at the fuckin proposal and you will see for yourself that the big boy whales support this.

You guys simply don't understand market forces. all it takes is one hedge fund or ether whale to take notice and the price instantly goes up to .195 ether per dgd.

there is 395,000 ether in the DigixDao and it is currently for sale at half price. A whale simply needs to accumulate a small portion, combined with everyone else voting yes and this thing pushes over the edge 51% yes votes and the whale literally doubles his money. Smart people DREAM of these opportunities.

#takesmoney to #makemoney.

you are naive or oblivious if you think it wont happen!

>> No.15293332

>>15292598
no ones giving away any money.

>> No.15293771

>>15293332

someone with a fuckin brain. hope u reap the profits bro