The post DIGau: The Next 10,000x Crypto Play? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
The global crypto community has grown over the last number of years. With the release of new crypto-currencies ‘almost’ every week, people are left wondering where to invest and what deals to avoid.
There are many factors that one has to take into account in figuring out whether a certain project will succeed or fail – and not everyone has the time or knowledge to do so.
Apart from several failed projects, the crypto community does get its fair share of ‘good’ tokens. One such token is DIGau, which is backed by independently verified gold resources in the United States.
In this article we shall be taking a look into some insights into the world of crypto and get to know a little better the crypto token they call DIGau.
Why do many Crypto coins fail?
Many people have tried their luck in launching crypto-currencies in the past few years. Although a lot of crypto tokens start with a boom, many of them fade and fail as people and investors become less interested in them.
There are some exceptions, of course, but replicating the circumstances in which these tokens thrived almost seems impossible.
There are over 1,000 separate crypto coins available right now, which were released into the market – but have a dead community – with no one wanting to invest in them.
Some 3,000 separate coins that are currently in the market are also expected to fail – unless they can come up with something that their community wants to be a part of.
The problem lies in people coming up with an idea and executing it as soon as possible. Coin creators do not take their time designing the business use of their coins and tokens and then using “best business practices” to operate the token companies.
As a result, most people will start losing interest as they will find the token to be of no real use or value. Even if the coin is carefully designed, there is a high probability that the idea has already been implemented and is ‘yesterday’s news’.
DIGau to the Rescue
Among so many ‘dead’ crypto coins, investors need something new that could give them revenues as soon as possible. That’s where Dignity Gold comes in.
Dignity Gold aims at unlocking new ways for investors to invest their money in the rare metals, mining, and minerals sector in the United States. Hence, they introduced the token DIGau to the market.
DIGau, which is based on the latest Ethereum Smart Contract Technology, was released by the company on November 15th, 2021. The token’s value is backed up by proven and verifiable gold reserves that sum up to $6 billion.
This amount is represented by more than 3 million ounces of unmined gold reserves situated in a claim at Lincoln County, Nevada, in the United States.
Why invest in DIGau?
There are many benefits that the token provides. Here are some of the things that attracted many investors:
The DIGau token is secure. It will be a fully compliant security token operating with KYC (Know Your Client), AML (Anti Money Laundering), and the organization of Foreign Asset Control.Gold is one of the rarest metals on earth, and if its prices increase, which is most likely yes, then the dollar backing amount will increase concurrently.Many people are worried about gold prices dropping down. Well, if that happens, additional ounces will be pledged to back the token to its original value.
When taking into consideration that a minimum of 15% of all profits from the corresponding and complementary perspective fund will be distributed to token holders, investing in DIGau can prove to be the best choice that you will ever make.