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(Original link: forbes.com)
The founders of Digital Gold Exchange have been there, done that. They’ve failed at running a number of businesses only to achieve higher goals and finally enjoy a successful. Then they entered the blockchain industry. Why? These experienced but daring entrepreneurs wanted to help people with blockchain technology.
Meet Jack. All his vital needs are fulfilled – he has a decent house, warm clothes and enough food. So what would be his next goal? It should be securing a store of value for the possible rainy days.
The most stable asset is surely gold, as it is the least volatile commodity, and storing it in a vault is quite easy. This thinking led Digital Gold Exchange, which is also known as DGE, to embark on its very first blockchain project, The Midas Touch Gold, or TMTG, a cryptocurrency that is backed by gold. TMTG is listed on major exchanges, including BitForex and CoinBene.
The most stable asset is surely gold, as it is the least volatile commodity, and storing it in a vault is quite easy. ICO Engine
On December 7th TMTG will be listed on Nexex , a new professional European-based exchange where you can buy and sell digital assets. Nexex is part of the Poseidon holding, which also includes Eidoo , Cryptonomist , Ekon and so on.
DGE CEO Mr NATHAN RYU and Poseidon CEO Lars Schlicting ICO Engine
DGE has implemented a reserve fund system — 5 to 10 percent of the total market capital reserve rate is maintained in fiat currency and gold. TMTG focused on the problem related to gold storage — the weight of the precious metal and the expensive security infrastructure — and established a real-time gold-backed token, MDG. One MDG corresponds to 1 gram of gold and the holders of MDG can possess the corresponding amount of gold either as a gold bar or digital gold.
Now Jack has fulfilled the first need of storing a stable asset, and this is when the next desire arises: to enjoy a healthy and long life.
This is where DGE’s second project comes in. It’s called Lux Bio Cell Coin, or LBXC, which can be used for stem cell-related medical treatment and healthcare services. Holders can use LBXC to enjoy various medical services and facilities including Jeju Stem Cell Bank, REGEN Plastic Surgery Hospital and REGEN Dermatology Center. This bold move is a symbol of the crypto company’s audacious dream to make top-tier medical technology more accessible and affordable.
Jack has now secured wealth and well-being. He can now proceed with the last stage of DGE’s journey to ultimate fulfilment – to entertain. This leads us to DGE’s final cryptocurrency project, Stardust, or SDX, a token that is used within an entertainment platform where music artists meet fans and film directors and find investors and the public enjoys different kinds of art. Within this platform, the majority of transactions will be made using SDX, due to its transparency and efficiency.
Those who previously could afford talented artists can now access various types of entertainment thanks to the SDX dividend.
Thanks to DGE, mankind can now hold assets effortlessly, enjoy a healthy life and have access to the sophisticated entertainment world.
The odyssey does not end here. There's one last step — to give back. DGE wants to return what they’ve received back to the people. The philosophy behind the statement “blockchain technology without a human heart is nothing” finally blooms into a philanthropic foundation that DGE is determined to establish.
The company is ready to create an organization for human health, happiness and well-being. This is because they believe that the founding philosophy can be realized only by sharing.
Blockchain technology for humans – that's the goal of DGE....