DigixDAO to Release Treasury Funds to Disgruntled DGD Holders

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DigixDAO community members have voted overwhelmingly to approve the return of funds it raised in its 2016 ICO to DGD holders looking to walk.

Vote Follows Calls For a Dissolution Mechanism

Investors will be sent 0.19 Ether per DGD. The project held its initial coin offering (ICO) in 2016, raising over 450,000 ETH. Its treasury currently holds roughly 380,000 ETH. Virtually all of it will be transferred to a DigixDAO Refund Contract.

The vote comes after the project’s developers decided,…

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