Dignity (DIG)

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Dignity (DIG) is a cryptocurrency that is backed by gold. Given the fact there are more than a thousand different cryptocurrencies that you can trade with, this one really does stand out because it is aligned to gold.

Joke Name

Dignity = Gold Backed

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (DIG)

Coin or Token

Circulating Supply (523 Million)

Total Supply (3 Billion)

Market Cap Ranking

Review

Dignity (DIG) is a cryptocurrency that is backed by gold. Given the fact there are more than a thousand different cryptocurrencies that you can trade with, this one really does stand out because it is aligned to gold.

Key Features

  • Aligned to gold
  • Cryptobontix

Aligned to gold

The fact that Dignity (DIG) is aligned to gold means that it won’t be affected too much by fluctuations in the market because regardless of the value of the coin, one dollar in gold will always remain one dollar in gold. At present, Dignity (DIG) is known by the name of Unity Ingot though this name is going to change. This project is the brainchild of a company called Cryptobontix.

Cryptobontix

Cryptobontix is really a variation of Unity Ingot. The original token has been renamed Dignity (DIG). Cryptobontix plans on rolling out three additional tokens soon with a token representing a dollar in gold. This is the first token of its kind to have the backing of both mining hardware as well as bullion. The original supply of the tokens is believed to be 10, 000,000,000 of which 7,000,000,000 have been burned leaving a total supply od DIG to be 3,000,000,000.

The thing that makes Dignity (DIG) very unique is the fact is once it has been developed, it will grow according to the value of gold and the performance of cryptocurrency. This in turn means that it will only fail if the entire cryptocurrency market was to fail. Current trends in the global market and adoption rates show that there is a very small if any likelihood that the cryptocurrency market will fail.

Conclusion

We feel that Dignity (DIG) is a giant that needs to be woken from its sleep. After thoroughly analyzing the token, the Cryptobontix and Arbitrade management along with their proposed mining operations make us believe that this is one of the best coins on the market today.

As with any investment, there will be risks involved, which means that you should not allocate more coins than you can afford to lose. Even so, there is plenty of potential in Dignity (DIG) and it would not be overstating the fact that Dignity (DIG) could appreciate by more than five hundred percent without a second thought. This is why many experts have made Dignity (DIG) their number one pick.

Before investing in Dignity (DIG), it makes sense for you to do your due diligence and you should be careful. However, Dignity (DIG) is literally multiplying your holdings without charging you anything which is why it makes sense to take a serious look at it.

Pros

  • Gold backing

Cons

  • Limited information