Gold backed Crypto - DIG (DIGNITY)
This coin is currently trading on Livecoin and is up over 40% in the past 24 hours. As of the time of this writing, it is priced just under $0.17. This coin is one to watch as the road map intends to have each coin backed by $1 of actual gold bullion. There will also be crypto mining rigs backing the value and appreciation of these coins. The company, Arbitrade, intends to launch an ICO and an exchange where they will offer at least 3 coins backed by actual precious metals. DIG will be backed by Gold. They will have another coin backed by Silver and another backed by Paladium. They are holding a big press conference this Thursday at 8am eastern US time. They are expected to announce their headquarters being in Bermuda. Bermuda is rumored to have a strong international regulatory presence. Take a look at the news release below and add DIG to your crypto radar! It has remained very stable compared to BTC over the past month decline in overall BTC value.