People all over the world use ETH to make payments, as a store of value, or as collateral. The latest news about Ethereum mostly concerns the move to Serenity the last post-development phase of Ethereum as well as changing Ether mining’s concept from Proof-of-Work to Proof-of-Stake in order to reduce the power cost of the process. Last week marked a pivotal moment for the Digix ecosystem. Following the casting of votes by our community of DGD holders, the majority of DGD holders have voted for a dissolution of DigixDAO and ... digx - Digix is an asset-tokenisation platform built on Ethereum and IPFS. Discussify - Discussify provides a real-time, peer to peer, and permanent discussion platform for anyone to join and participate. DtinyUrl - Decentralized URL shortening service based on IPFS. To fund this vision, Digix Global conducted one of the first Ethereum-based ICOs in Q1–2016. The project raised ~466,648 Ether (valued at ~$6MM USD at the time of the sale) and sold 1.7MM DGD tokens (of the total 2.0MM total token supply). The ICO was the second major Ethereum-based ICO following Augur’s ICO in 2015, and sold out in 9 minutes. It was the first ever crowdsale and major Distributed Autonomous Organization hosted on the Ethereum network. The sale intended to run for 30 days but met its 5.5 million dollars hard cap in just 12 hours, selling 1.7 million DGD tokens and reserving 300,000 for the Digix team.
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