Beta Marketplace is now Live for public testing. PLEASE DO NOT USE YOUR REAL IDENTITY OR REAL ETHERS, THIS IS ONLY A BETA TEST

First off, we would like to thank all Digix supporters for their unwavering support. We have received feedback from supporters who have expressed concerns over the long drawn development and release of DGX. It seems that some of you are feeling impatient (we are internally as well) and we are here to assure everyone that we are only months away from official launch. The company you believe in that will change the world will soon be live.

We would like to take this update to address concerns expressed over the past few weeks. We want to assure you that we are utilizing every resource we have to work towards the release of DGX. Each member of the team (now we have 5 tech devs and 5 business developers) has clearly defined goals for the completion of DGX as a fully applicable product on the blockchain.

The age old cliche holds true. When you rush an Ethereum project, you end up with The DAO, and that is why no onchain heavy projects on Ethereum are fully live and functional at this moment.

We also recognize that competition is heating up and the game is on. One thing we know though, is that we will be the first to release a trackable and auditable digital gold token that is 1:1 with the weight of unencumbered gold it represents.

New Hires for the month of Sept / Oct:

Vu Nguyen will join us full time starting next week as a smart contract developer / software engineer.

Ricardo Banate has joined us as a Senior JavaScript Engineer team lead and solidity tester

Neil Palima has joined us as a Senior JavaScript engineer and solidity tester

Edmund Lin is joining us as a business development associate

Their full profiles will be updated and added onto our website in the coming week.

We are also looking for a web designer based out of Singapore. Please send us a support ticket if you feel that you are a right fit!

Beta Marketplace Testing is now LIVE for the public

We have updated our website to showcase our new marketplace. For the past month, we were getting feedback from private pledgers about our marketplace and we are now confident to release it for public testing.

Your feedback will help us refine the user experience of our marketplace.

Digix and DigixDAO

We are currently working on the relaunch of Digix 2.0, then DigixDAO governance. As the state machine library is now complete, it will simplify our tasks to accomplish what we sought to do with DigixDAO. We seek to establish the governance of DigixDAO, thus allowing us to better utilise the resources sitting within the DAO to grow the DGX ecosystem. Several models of DAOs already exist (Wings, DASH etc) and we hope to seek a new governance of DigixDAO with these working models in mind.

This will be a revolutionary product for all our supporters who will take part in this journey with us. There has been graduate thesis written on the subject of DigixDAO. Jerom de Wilt, a master’s student from the Nijmegen School of Management, has been interviewing us for the past year to find out more about the vision of DigixDAO. We are proud to attach his very own thesis and opinions on it for the public’s reference.

Please note that the author’s opinions are fully the author’s. Digix does not represent any positions made in the thesis.

https://drive.google.com/file/d/0B9TgodPfXwdcQXFWc3JBWU8ySVE/view?usp=sharing

There is no doubt that hurdles will have to be overcome along the way, a major one being compliant with regulatory policies that may be instituted by the regulatory authorities in Singapore in the near future. With recent rulings that some tokens may be considered securities, we are working closely with legal to ensure that we are in compliance with the latest regulatory policies before moving forward with the very first disbursement from the DAO.

Microsoft Singapore Partners’ Startup Awards 2017

Microsoft Singapore Partners’ Startup Awards 2017

Microsoft Partners are a group of companies who work with Microsoft to drive the digital transformation of companies worldwide. They align themselves with Microsoft’s mission to empower every person or organization on the planet to achieve more.

Microsoft Singapore Partners’ Startup Awards 2017 was an event dedicated to celebrate partners who were crucial in delivering digital solutions that contribute to the success of their customers. Digix is one of such partners and we were present to celebrate with the award recipients.

Community Engagements — SwipeCrypto and Ziliqa

SwipeCrypto will be presenting on Wed Oct 4, and Ziliqa will be presenting on Thr Oct 5 out of SGInnovate this week.

SwipeCrypto is a blockchain protocol for mobile lockscreen advertising, aiming at solving the efficiency and transparency issues among advertisers, publishers and users. Built on top of Ethereum ERC20 standard, SwipeCrypto Token (SWC) is a completely decentralized and transparent utility token used as unit of exchange for advertising and premium content services in the SwipeCrypto ecosystem.

Their existing product, Agila Rewards for Philippines and Cepatswipe for Indonesia have gathered almost 550,000+ downloads in less than 2 months.

Scheduled live stream : https://www.youtube.com/watch?v=6lYvI11W0O4

Zilliqa is a new public blockchain developed by a group of computer scientists, engineers, and financial service veterans. It brings the theory of sharding to practice with its novel protocol that increases transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps, designed to meet the scaling requirements of applications in areas such as financial services and digital marketing. Zilliqa has been under research and development for two years. It has powered several ground-breaking deployments commercially to date.