Our #1 Pick from our June Article: TOP CRYPTO PICKS: 20 UNDERVALUED ALTCOINS W/UPCOMING CATALYSTS DUE FOR MASSIVE GAINS is up big today (Over 40%) as several close to the Project claim it can go much, much higher from here..

 

Dignity (DIG) The Sleeping Giant

Believe us, or choose to believe the FUDsters on Telegram, that’s your choice and we won’t be upset with you either way. But we have done a thorough analysis of this token, the management at Cryptobontix & Arbitrade and their proposed mining operations, and to say we’re excited about this one would be an understatement. There are risks with any investment, especially cryptocurrency so never allocate more than you can comfortably afford to lose. That being said, the potential of this one, is off the charts.

With some of the upcoming partnerships and news expected over the next couple of months (according to industry insiders) Dignity (DIG) could do another 500% without breaking a sweat. Making Dignity (DIG) our #1 pick with the highest upside % upside.

Cryptobontix/Arbitrade (Formerly Unity Ingot)

Cryptobontix has a slightly different vision for Unity Ingot. While they are still attempting to continue maintaining the whole legacy asset idea in play for UNY, they have also converted the token into a new token named Dignity (DIG). The amount of smart contract is also being reduced from the huge 10 billion tokens to a bit more acceptable 3 billion. Their main focus is also to ensure that each token is being backed by $1 of Gold.

In addition to the token conversion, Cryptobontix is also planning to roll out 3 additional tokens on Wednesday, February 21st, 2018. The final token breakdown is as follows: one token representing $1 USD in Gold, assumed to be the new DIG token, $2 USD in Silver for the second new token, $3 USD in Platinum for the third new token, and $4 in Palladium for the fourth new token. This is a very interesting idea because now these token will have multiple ways to back their value through the rare metals market.

Original Update

Management Addresses All Rumors, Telegram Drama & FUD

  1. DIG Announces New (World Class) Management Team
  2. DIG is currently on track to have 25,000 mining rigs up and running within six months. Their goal for this time next year is 65,000 mining rigs.
  3. DIG Announces Airdrop! Everyone holding DIG will be airdropped the new tokens for free as a bonus for holding DIG. 

To accept the airdrop, you will have to move your DIG tokens to a non-exchange wallet. 

The “bonus token” will be listed on a minimum of two exchanges to possibly five.

Compatible Third-Party Wallets:

  • Exodus Wallet
  • MyEtherWallet (MEW)
  • Trezor Hard Wallet
  • Ledger Hard Wallet
  • Bread Wallet
  • Mycelium Wallet

DIG tokens can be transferred onto exchanges again, once the airdrop has completed.

Do your due diligence and be ready. DIG is literally doubling your holdings at no cost so now you will own two different tokens.

Arbitrade has acquired Cryptobontix, and although they both have different but complementary business models, it is a symbiotic relationship benefiting both parties to bring you this multidimensional asset class.

Cryptobontix is the company responsible for creating a family of tokens backed by precious metals such as Gold, Silver, Platinum and Palladium.

Currently, you will not be able to find a lot of information on their website, because:

“The website is awaiting legal approval from our council and council of our newly developed partners before we can release details of our operations and partnerships.” Cryptobontix

The Cryptobontix Inc. development team has created four cryptocurrencies based on the Etherium smart contract technology (ERC20 Token), which are backed by valuable hard-backed assets. These include:

  • Dignity (DIG) – backed by ingot of gold bullion
  • Namaste (NAM) – backed by ingot of silver bullion
  • Orectic (ORE) – backed by ingot of palladium bullion
  • Honor (HNR) – backed by ingot of platinum bullion

Dignity (DIG)

Backing the Dignity token to Gold will give the token a floor value that matches the true value of the gold. It should be noted that assets usually trade at multiples of their intrinsic value.

Dignity (DIG) coin tokenKey facts about the Dignity (DIG) token:

  • The first token of it’s kind to be backed by both mining hardware and bullion.
  • Tender: GOLD
  • Quantity: 0.02445 grams per token
  • Value: $1.00 USD (as of July 2018)
  • Backed by 10,000 mining rigs
  • Original UNY supply: 10,000,000,000
  • Burned: 7,000,000,000
  • DIG Total Supply: 3,000,000,000
  • Currently listed on Coinmarketcap as DIG and on the Livecoin exchange, with further popular exchanges listing the token throughout July and August 2018

What makes DIG so unique in the crypto-space, is that once it is developed, its continued growth is tied to both the value of gold and the performance of cryptocurrency (mining & buyback), which means the only way it could completely fail is if the entire cryptocurrency market fails.

Global trends and adoption rates indicate this is a highly unlikely event when one considers the value, energy and passion that has transpired and got us to this point.

Namaste (NAM)

This token represents the very first truly silver backed cryptocurrency and sets another industry standard for the new era of hard backed tokens.Namaste (NAM) ingot of silver

Key facts about the Namaste (NAM) token:

  • Tender: SILVER
  • Quantity: 3.6559 grams per token
  • Value: $2.00 USD (on release)
  • NAM Supply: 1,000,000,000
  • Planned Release: To Be Confirmed, Testing underway
  • Number of mining rigs dedicated to this token: 10,000

Orectic (ORE)

This token represents the very first, truly palladium backed cryptocurrency and sets yet another industry standard.Honor (HON) ingot of silver coin token

Key facts about the Orectic (ORE) token:

  • Tender: PALLADIUM
  • Quantity: 0.101 grams per token
  • Value: $3 USD (on release)
  • ORE Supply: 500,000,000
  • Planned Release: To Be Confirmed, Testing underway
  • Number of mining rigs dedicated to this token: 10,000

Honor (HNR)

This token represents the very first truly platinum backed cryptocurrency and sets yet another industry standard.Honor

Key facts about the Honor (HNR) token:

  • Tender: PLATINUM
  • Quantity: 0.125 grams per token
  • Value: $4 USD (on release)
  • HNR Supply: 500,000,000
  • Planned Release: To Be Confirmed, Testing underway
  • Number of mining rigs dedicated to this token: 10,000

Mining

Cryptobontix Inc. and Arbitrade have partnered with:

  1. Coin Miner LLC – to provide mining hardware
  2. Cryptotopic Inc. – to build and operate the mining facilities

Coin Miner LLC

  • Arbitrade Ltd. and Cryptotopic Industries have been working with Coin Miner LLC and the build team to create a 100,000 square foot industrial mining facility in Ontario, Canada. A facility that was previously used for metal manufacturing.
  • Has over five years experience in industrial sized mining infrastructure & development
  • Over the next 12 months, they aim to provide the facilitities with 65,000 mining units, ranging from high-performance ASIC and GPU mining units such as proprietary G Series mining units with Nvidia & AMD chips achieving 275MH at 1,200 watts each.

Hayden Gill, Arbitrade’s leading advisor & mining consultant, says:

“The D9 miners alone will be generating a minimum of 305 Decred (DCR) per day which is currently trading at $99.90 on CoinMarketCap.com (June 2018)

Arbitrade and Cryptobontix have also reported purchasing additional units from Bitmain, Canada Computers & Halong.

The mining units will commence operations for:

  1. Arbitrade’s decentralized exchange (DEX)
  2. Cryptobontix’s bullion and cryptocurrency mining backed tokens

Once installed and operational, the facility will mine the most profitable cryptocurrencies such as Bitcoin, Etherium, Dash & Monero.

The daily cryptocurrency mining profits are to be used to:

  • 50% – purchase physical bullion
  • 20% – buy additional high standard mining rigs
  • 15% – support buy back tokens and trade exchange marketplaces
  • 15% – operational cost and upkeep of mining facility

Cryptotopic Inc.

Arbitrade reported it has commenced a 15-year lease agreement with Cryptotopic Inc., an Ontario company that will work with Coin Miner LLC, on behalf of Arbitrade, to build Canada’s largest mining facility in a 100,000 square foot industrial warehouselocated in Watford, Ontario, Canada, which will house the 65,000 mining units.

This lease agreement marks the first of four facilities Arbitrade plans to open over the next 36 months with Cryptotopic Inc. and Coin Miner LLC. Other known locations include Texas and Atlanta.

The Atlanta facility was recently toured by top stock and crypto analyst Ronnie Moas as well Hayden Gill of Coin Miner LLC, photographs and videos are available on Ronnie Moass Instagram account, you can also check the Timeline.

This will make Arbitrade one of the largest cryptocurrency mining operations globally.

With some of the upcoming partnerships and news expected over the next couple of months (according to industry insiders) Dignity (DIG) could do another 500% without breaking a sweat. Making Dignity (DIG) our #1 pick with the highest upside % upside.

Where To Buy DIG: LiveCoin

 

Written by CryptoCurrencyClarified

CryptoCurrency & Altcoin News, Insights & Explanations- For The Rest Of Us

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