DigixDAO ICO (2016): Sale History, Figure & Outcome
DigixDAO was an Ethereum-based project creating tokens backed by gold. It conducted a token sale in 2016 that raised funds quickly.
| Token | DigixDAO (DGD) |
|---|---|
| Sale year | 2016 |
| Category | gold-backed tokens |
| Chain | Ethereum |
| Documented figure | $5,500,000 |
| Outcome | refunded |
| Data tier | 1 — hand-verified |
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What the record shows
The sale gathered USD 5.5 million within 12 hours in March 2016, marking Ethereum's first significant crowdsale. In 2020, participants voted to dissolve the project's holdings and reclaim their Ethereum contributions through an event termed 'Ragnarok'. The record shows the funds were ultimately returned to participants.
Era context: the genesis years (2013–2016)
This sale occurred during the Genesis Years when token sales first emerged. Ethereum's 2014 sale had demonstrated the viability of funding blockchain platforms through this method. The period ended with The DAO incident in 2016, which revealed critical vulnerabilities in smart contract systems holding large sums.
This sale is one of the 20 entries in our The Genesis Years (2013–2016) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
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Sources
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.