Dev update 20 Nov — DGX promotion for 2018, Singapore Fintech Festival, New Hires (again!)
Golden Days DGX Promotion
Since launching the promo, more than 1700 DGX have been sold on the Digix Marketplace. This has been one of the largest week on week volumes seen in recent months!
18,000 new DGX tokens were minted at the beginning of November, 2 weeks after our partnership announcement with Silver Gold Bull. In the third week of November, more than a third of the freshly minted tokens have been bought up and we see the demand for DGX increasing tremendously with the crypto market crash in the last couple of days.
DGX is the digital representation of real gold that is professionally and securely managed by Singapore based custodian vaults. We have also completed our 2nd quarterly audit by an independent and established precious metals firm, read more info here.
This is the lowest DGX premiums pricing ever and will continue until the end of 2018. Head to the Digix Marketplace and accumulate DGX while stocks last!
The price of gold (XAUUSD) has shown positive price recovery in the month of November. As such, DGX is a great portfolio management asset, regardless of whether you are an individual that’s Long on ETH or an ICO company that wants to treasury manage your funds to secure a long term development road map for your company.
If you interested to find out more, we would be happy to share more information with you!
Singapore Fintech Festival Roundup
Singapore Fintech Festival happened last week, and we were present at a couple of events, speaking on behalf of the ecosystem and the role DGX plays in it.
Tuesday’s session with QCP and Sparrow Exchange on their Trader Nation series, where Shaun and KC sat on a panel alongside Darius Sit (QCP), James Quinn (Kenetic), Adrian Tan (Sparrow), Tony Sun (Altonomy), Leng Hoe Lon (Kyber Network) regarding Treasury Management and the role of Stablecoins in the ecosystem.
On Wednesday, Geoffrey presented alongside Kyber, Maker, Omisego, on Digix’s Proof of Provenance solution and DGX as an asset-backed cryptocurrency.
Rounding up the week, Shaun was on a Singapore FIX Trading panel as moderated by Justin Chow (Cumberland Mining) with Roland Schwinn (Sygnum AG), Andrew Pal (Gibraltar Stock Exchange) and Jennifer Ilkiw (Intercontinental Exchange) on the institutional space and crypto coming together.
Digix is growing!
We are pleased to have announced 3 new Digix team members in our last Dev Update on 7 Nov 2018.
In addition to that, we are proud to announce a new addition to our Technology department.
Mireya joins us as a Front End Engineer and she has been working in the field for four years, with a special interest in front end engineering. She is a tech enthusiast who believes in providing meaningful experiences to users through software.
Before the end of November, we will announce our brand new Marketing and Communications team and will share more on the goals and objectives ahead!
Thank you!
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