DigixDAO is an Ethereum blockchain token that serves the function of a unit of exchange which allows users receive a return on their investment into it and vote on proposals. It formed Ethereum’s first on-chain crowdsale and its first Distributed Autonomous Organization (hence the name). A DAO is essentially an organization that uses smart contracts to regulate its functions. DigixDAO allows the investor the receive a certain quarterly return using 0.13% of transaction fees of its sister currency, Digix Gold Tokens (DGX). DGX is a token on the Ethereum blockchain the represents an ownership in gold, allowing investors to store value on a blockhain over time. DigixDAO can be used to vote on proposals regarding DGX and any other proposals related to the Digix network.