Ethereum-backed gold tokenisation system DigixGlobal has partnered with software provider Monolith Studio to create the first ever gold-backed debit card using a blockchain.Monolith Studio recently unveiled the TokenCard: an Ethereum powered debit card that can hold ether and ERC20 tokens.A Digix powered version will be a gold backed debit card, using the underlying Tokencard platform, that can be adopted by the general public.Digix will have the freedom to create a TokenCard experience that satisfies their current customers' needs, whilst also lowering the barrier of entry for new users to join, said a statement.A basic implementation could include a custom UI with token specific functionality (such as the ability to redeem gold to one's home address), with further optimisations to ensure gold tokens can be spent efficiently at minimal cost.This partnership came about due to the synergies between both companies.DigixGlobal is an asset tokenisation company on Ethereum, that puts digital gold ownership into your Ethereum wallet, making them the stablecoin of choice amongst the sphere of virtual currencies.Monolith is a diverse team based all over the world working to create transformative Ethereum powered products for the general public.

Monolith's first project, TokenCard, is a Visa debit card that aims to bring about a fundamental shift in how people manage their (digital) assets.Currently to use services like banks and exchanges you need to deposit your assets into their control, exposing you to unwanted risks and limiting the use of your assets to their platform.TokenCard solves this by instead securing your assets with Ethereum smart contracts that are directly controlled by you.This means that funds remain in your possession and control until the moment they are used.Mel Gelderman, Monolith co-founder said: "The long term vision for TokenCard is to provide a comprehensive banking replacement for the general public, on Ethereum.In this vision stable currency plays a key part; Digix Gold tokens are uniquely tangible and offer significantly more stability compared to other digital assets, making them a viable option for worldwide adoption.Together with Digix, we will be able to offer one of the only true commodity backed debit cards, and bring back the gold standard in a meaningful way.

We're very excited about this partnership and the future possibilities it enables in taking Ethereum mainstream.''KaiCheng Chng, Digix's CEO, said: "The card will be available to users worldwide who might seek its unique properties.The partnership will focus on some specific markets namely countries with weak national currencies and large remittance flows.The partnership will also work to make it easy for the general public to acquire DGX tokens for use on their card."Monolithebay ban bitcoinStudio is holding a crowdfund for its TokenCard platform.bitcoin dragons denThe TKN token accrues a 1 per cent licensing fee on every transaction made with TokenCard.ethereum shirtThe crowdfund is set to commence on March 20th.A startup named Bancor has raised about $153 million in less than three hours from anonymous investors in what is now the biggest example of a new form of blockchain-based funding—the initial coin offering.

And it all happened on Ethereum, the blockchain platform that has exploded in popularity over the past few months.Ethereum, often described as another Bitcoin competitor, is more than a currency; it allows decentralized, blockchain-based projects to be built on top of it.SEE ALSO: Bye, Bitcoin.While most startups raise money from investors or through selling stock on public markets, Bancor found investors through an ICO—an Initial Coin Offering.An ICO is a new way to raise funding that has gained momentum in recent months; the new company issues tokens—a sort of mini-cryptocurrency that, besides being tradable, might also give you other benefits (though this differs from project to project).In an Ethereum-based ICO, tokens can be purchased in a limited window of time by anyone willing to trade their ETH (the commonly used acronym for Ethereum's cryptocurrency, Ether) for them; during Bancor's ICO on Monday, a little over 10,000 people bought the company's tokens.All in all, Bancor raised 396,720 ETH, which at the current ETH prices are worth $149.5 million (you'll see different numbers around the net because ETH has been very volatile lately, but it's the same ballpark).

Thank you for all the support, we are humbled.We'll release a statement w/ breakdown of the token allocation in the next few hours.#Bancor — Bancor (@BancorNetwork) June 12, 2017 So what does Bancor offer that makes it so special?The company seeks to simplify creation of new tokens in a way that allows literally anyone to create a cryptocurrency "in a matter of seconds," according to a Bancor spokesperson.It's backed by some high-profile investors, including venture capitalist Tim Draper.The "architect of the euro" Bernard Lietaer is a part of the team.But Bancor also benefited from good timing.The price of ETH has been surging lately and currently sits at $379.21, up several thousand percent compared to last year.Also, the interest in ICOs has never been higher; basically every project that employed this method of funding has been funded within hours.Priro to the ICO, the company published a post on their website detailing how it plans to use the funding.Forty percent of the money, Bancor claims, will be used for software development; some of it will be used for operational and legal expenses as well as marketing.

And twenty percent will be used as an ETH reserve.With ETH prices surging, merely holding on to ETH might be the best course of action, though with the cryptocurrency's volatility, it's also quite risky.Another side-effect of ICOs is that they effectively remove large amounts of ETH from the market, which pushes the price higher.Some think the situation has all the makings of a bubble that will at some point burst, but for now, startups such as Bancor are making bank.Both Bitcoin and Ethereum have experienced immense growth in the last couple of months, though foundations on which this growth is based are debated.In May, the total market cap value of all cryptocurrencies exceeded $80 billion; right now, this number stands at over $110 billion, and the price of ETH has doubled.Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies, including BTC and ETH.WATCH: Scientists are creating drones that fly in sync with each otherJump to: , There are 3 main types of The DAO refunds: Check the refunds for your accounts at https://refunds.thedao.fund .

Contents 1 2 3 4 5 6 7 8 9 In total, you will get a refund of about 103% (in ETH terms) of your original The DAO investment, made up of: The website https://refunds.thedao.fund will display the refunds if you enter your account and click Check.The WithdrawDAO contract has 499,758.849542373 Ether (USD 20,884,922.32) as of Mar 23 2017.The ExtraBalDaoWithdraw contract has 115,631.859273339 Ether (USD 4,831,099.08) as of Mar 23 2017.The WhitehatWithdraw contract has 1995792.3594 ETC (USD 4,610,280.35) as of Mar 23 2017.Note that there is a time limit of Apr 15 2017 to execute your The DAO To ETC refunds Note that the time limit to withdraw your DAO to ETC refund has been extended to Jan 2018 - reference WHG withdraw contract extended To avoid the transactions you execute on the ETH chain being replayed on the ETC chain and vice versa, upgrade to the latest node client software as these include the EIP155 Replay Protection.As there are no decent blockchain explorers on the ETC chain, use the MyEtherWallet procedure below to check if you are due for a refund on the ETC chain.

You can check the list theDAOTokenBalance_20160819_155742UTC_balance.xlsx, but this list show your balance before you have executed any refund withdrawals.Alternatively, install Ethereum Classic Geth 3.3.0.Sync the chain and execute the following commands to check your amounts: = ; = :,::,::,::,:: {:,::,::,::,:: {:,::,::,::,:: = .((= ; = .() + = .() + Reference The DAO To ETC Refund Remember that you will need some ETH in your account to pay for the gas on the ETH chain, and some ETC in your account to pay for the gas in the ETC chain.From DAO Token Holders, Come Claim Your Money!Updated Jan 31,2017!: /ethereum/go-ethereum/releases .See Ethereum Wallet Syncing Problems if you have difficulty syncing your chain.> = ; > = ; > = ; > = :,::,::,::,::,:: {:,::,::,::,:: > .(,> = :,::,:: > = ..((> = .: > .() Reference The DAO To ETH Refund.) > = ; > = :,::,::,::,:: {:,::,::,::,::,:: > = .((> = ; > = :,::,:: > = .((

+ + + .(,) + > = .(,, {: , : 0 > .(> = .: , : 0 > .(Reference The DAO ExtraBalance Refund.Install Ethereum Classic Geth 3.3.0.Sync the chain and execute the following commands to check your amounts: = ; = ; = :,::,::,::,:: {:,::,::,::,:: {:,::,::,::,:: = .((, {: , : 0, : .(Reference The DAO To ETC Refund.Install the latest Parity client from https://parity.io/parity.html .Execute the following command for Parity to download the Ethereum chain.Run this in one console window: Wait until Parity is fully synced (it took a few hours for me).You can check the block numbers against http://etherscan.io/ .In another console window, attach geth to the Parity node using the following command: You can now use this geth console to execute the commands listed above under: Install the latest Parity client from https://parity.io/parity.html .Execute the following command for Parity to download the Classic chain (I don't think --warp made any difference).

You can check the block numbers against http://gastracker.io/ .In another console window, attach geth to the Parity node using the following command: You can now use this geth console to execute the commands listed above under: Run Parity on the classic chain with the `--geth` flag to simulate `geth`.Wait until the warp sync is completed: Then run Ethereum Wallet and create a Watch Contract in Ethereum Wallet with the following details: You can then execute the Withdraw function with your contract wallet.Set beneficiary to the account that your refunds is to be sent to.IMPORTANT: You may have to increase the gas to 200,000 for the transaction to execute successfully./BitySA/whetcwithdraw/blob/a63e3755dbbbbf40402e8938898cad11b74ba293/whetcwithdraw.sol Run Parity on the classic chain with the `--geth` flag to simulate `geth`.Wait until the warp sync is completed: Alternatively, you can run Parity and use the Parity web user interface at http://localhost:8080 to interact with the WhitehatWithdraw contract using the address and ABI above.