The team is first rate, they have 465k ETH from the crowdsale that hasn't been accessed yet, and they're about to release a stable coin that will give traders an alternative to tether.
Those are great questions. The gold is held in a vault in Singapore, which is audited regularly be a third party. It is also insured.
Singapore has been incredibly forward leaning in cryptocurrency and will be a friendly jurisdiction for Digix (and others) to operate in. Their crime rate is also very low.
How so?
The team is first rate, they have 465k ETH from the crowdsale that hasn't been accessed yet, and they're about to release a stable coin that will give traders an alternative to tether.
Where is the gold? Is it in a central location? Can a government confiscate the gold? Can the vault be robbed physically?
Those are great questions. The gold is held in a vault in Singapore, which is audited regularly be a third party. It is also insured.
Singapore has been incredibly forward leaning in cryptocurrency and will be a friendly jurisdiction for Digix (and others) to operate in. Their crime rate is also very low.