When LUXUO last spoke to Shaun Djie, Co-founder of Digix Global, he shared with us how his company was using blockchain tech for the purpose of “tokenising” assets like gold. It calls to mind the Bretton Woods system of monetary management, ratified in 1945, which established the rules for commercial and financial relations where each dollar was tied to an equivalent amount of gold. By leveraging on the immutability and auditability of Distributed Ledger Tech and applying it to precious assets like gold, Digix tokens are becoming a literal gold standard, a system which the US unilaterally abandoned in 1971 rendering the dollar a fiat currency — a rising lack of trust in Fiat currency is precisely the reason why cryptocurrencies like Bitcoin, Ethereum and now Digix are rising in value.

LUXUO’s financial desk has just received information that Digix is teaming up with Aditus Network, the world’s first luxury access platform for crypto-affluents (crypto-users with significant holdings in cryptocurrencies) to offer in-app Gold-backed token promotions and exclusive luxury privileges. The new partnership will provide holders of DGX tokens special access to luxury privileges and promotions on the Aditus platform. Furthermore, Digix Global will offer Aditus users DGX 2.0 tokens as a rewards currency, awarded by merchants to customers who achieve set ‘consumer engagement’ milestones like visiting a store or interacting with their products.

Digix X Aditus: Live luxuriously, Shop and Receive ‘Tokenised Gold’ aka DGX Tokens for Engagement

Named for the Latin word for “access”, Aditus created to be the world’s first luxury access platform bridging luxury merchants and crypto-affluents on a revolutionary decentralised network. Aditus users enjoy differentiated tiers of membership, where paying VIP members of Gold, Platinum and Diamond levels get to enjoy certain exclusive privileges, services and promotions, much like exclusive AMEX Centurion and Citibank ULTIMA fiat credit card holders. With this partnership, Digix users holding a certain quantity of DGX tokens will enjoy special rates for Aditus VIP membership and exclusive privileges at the highest tiers, as fellow VIPs.

The partnership between Aditus Network and Digix Global will see users of the Aditus platform get the opportunity to receive the soon-to-be relaunched DGX 2.0 gold backed cryptocurrency as part of the planned luxury merchant rewards for consumer engagement. Furthermore, attendees of Aditus events will also soon be able to receive rewards in the form of this gold-standard token.

“Digix Global is a pioneering company who has garnered a loyal customer-base of discerning and affluent crypto-users. Digix token holders are discerning and sophisticated crypto-users who will be a great fit for crypto-powered luxury access powered by the Aditus platform. Through this partnership, we will be able to fulfil our objectives of bridging luxury merchants with discerning crypto-affluents” — Julian Peh, co-founder of Aditus

Indeed, given that Jamie Dimon, boss of JP Morgan was was unequivocal (editor’s note: likely biased) about bitcoin’s lack of real value at a recent conference in New York, Digix token holders and their gold-backed cryptocurrency will add a new dimension of credibility to the Aditus platform and with luxury merchants being able to access Digix users and their gold-backed tokens, it would benefit both retailers and crypto-affluents immensely.

“With this partnership, DGX gains visibility into a different sphere of consumers.” — Shaun Djie, co-founder of Digix

Shaun Djie, co-founder of Digix added, “we foresee crypto users who buy into DGX being savvy against price volatility in the crypto market. With this partnership, DGX gains visibility into a different sphere of consumers. In this new and upcoming crypto economy, collaborations as such is key to gain access and outreach across niche services as Aditus.”

The digital currency bitcoin was established in 2009 after the financial crash decimated trust in the fiat financial system. Though naysayers have pooh-poohed the intangible coins stored in digital wallets and on the cloud, the growth of cryptocurrencies like bitcoin and altcoin has been immense. Though, there are bitcoin ATMs that allow the cryptocurrency to be exchanged for cash, the practice is counterproductive from a financial or ideological standpoint for believers in cryptocurrency, thus Aditus and Digix are expected to revolutionise the growing wealth of crypto-users with their innovative offerings of gold-backed coins and luxury merchant access for the crypto-affluent.

DGX gold-backed tokens are currently available at Digix.global while Aditus will embark on its highly anticipated token sale towards the end of November 2017, for more information on the Aditus Token sale, check out www.aditus.net.

Digix X Aditus: Live luxuriously, Shop and Receive ‘Tokenised Gold’ aka DGX Tokens for Engagement was originally published in Aditus on Medium, where people are continuing the conversation by highlighting and responding to this story.

On the evening of 9th November, over 30 attendees gathered to see to Julian Peh, co-founder of Aditus, an “access platform” for the crypto-affluent, talk about the untapped potential of a vast market of newly affluent crypto-users.

Held yesterday, 9th November at the Fullerton Bay Hotel ‘pod’ conference rooms, he explained Aditus’ unique proposition in helping luxury merchants unlock the full potential of crypto-affluents.

At the end, he was quizzed on how Aditus bridges the luxury retailers and the consumers when they’re on opposing ends of the privacy spectrum, cryptocurrency market movements, and crypto-tech in general. After which, it ended with the group of crypto-veterans and crypto-investors having a networking session at Fullerton Bay Hotel’s Lantern over drinks

Julian Peh introduces Aditus to Crypto-veterans at Weekly Crypto Hypeup was originally published in Aditus on Medium, where people are continuing the conversation by highlighting and responding to this story.

Shaun Djie, Co-Founder of Digix

Built on the premise of “tokenising” gold on Ethereum much in the same way currency derived its value before the Bretton-Woods fiat model, Digix leverages the Distributed Ledger for its immutability, transparency and auditability by applying it to precious physical assets, becoming a literal Gold Standard in Distributed Ledger Technology (DLT) which allowed users to purchase Gold quickly and efficiently. Digix has also created a range of technologies including The Proof of Asset Protocol (POA) and Digix Gold Tokens (DGX) on Ethereum. Given that they are advisors to Aditus, a new crypto-startup serving the luxury industry, LUXUO decided to interview Shaun Djie Co-founder at DigixGlobal to get the details on this exciting new development in cryptocurrency.

Shaun Djie: Crypto-pioneer on Tokenised Gold and the rise of Crypto-affluents

What was the unique concept at the origin of DIGIX ?

Digix is unique because it aims to marry the supply chain industry and the tokenization process in cryptocurrencies. Our flagship product, DGX gold tokens, is physically backed by 1 gram of 99.99% Gold and stored here in Singapore. In the future, our proprietary Proof of Asset technology can be used in tokenizing Silver, precious stones, art pieces and other vaulted assets.

How have you built the confidence of your investors in DIGIX ?
Over the last year, we have formed crucial partnerships with other applications on Ethereum to utilize DGX in their business. We have also remained very relevant in the space through extensive community engagement, support of the developers’ community and the commitment to keep the documentation process of DGX a very transparent and audit-able one. Anyone out there can access our web-based platform and view the entire holdings of DGX gold tokens’ timestamped documentations.

What are the revenue sources for DIGIX ?

The sale of DGX, annual storage fees (which we will be waiving in the first year of operations).

Where do you see DIGIX in 3 years ?

Tokenized Digix assets will extend to more than just Gold, and possibly to Silver and precious stones. We intend to be the de-facto stable (price-wise) crypto currency in the space as DGX is priced alongside market prices of Gold.

You are today an Advisor of ADITUS which aim at bridging the gap between merchants and the new crypto-affluents. Tell us more about your decision there to support ADITUS ?

The Aditus team has a long and visible track record in both luxury and tech, and I fully trust their rollout capability. The new found group of “crypto-affluents” will see this platform as an ideal way to access their desired luxury lifestyle, through luxury merchants offering highly exclusive products, services and establishments that are otherwise unavailable without a fiat banking profile. Aditus also has a credible team of advisors who are well placed to help see them through most aspects of the business from marketing, outreach, legal and sales.

You are witnessing the rise of crypto-affluents, what are their aspirations ?

They seem to be very self-driven and entrenched in the space as most of their crypto wealth still remains in this space. It’s a huge belief in the future of cryptocurrencies that keeps them financially vested here. I’d say most envision a network of businesses around their current ones as this new economy relies on massive cooperation and collaboration to sustain itself and bring it mainstream.

Any planned cooperation between DIGIX and ADITUS ?
Of course, we plan to rollout and promote Aditus to a select category of high net worth individuals of gold buyers and also to introduce a DGX gold token token program within the Aditus app. More details to be announced!

Some words on your role with the Singapore authorities in advising the built up of a “Digital Nation” ?

I think this goes in line with the Smart Nation initiative that the government (Ministry of Trade and Industry) has been pushing for which I helped once to craft a paper on “Blockchains for Smart Nations”. I envision a society where identity, trade footprints, medical records are stored on the blockchain network and participating (or even public) should have access to as that’s the real power of this new internet and technology.

For more information on buying tokenised gold, visit Digix.global

For more information on how to use cryptocurrencies to access luxury, visit Aditus.net

Shaun Djie: Crypto-pioneer on tokenised gold and the rise of crypto-affluents was originally published in Aditus on Medium, where people are continuing the conversation by highlighting and responding to this story.

1 November 2017, Singapore: Cryptocurrencies are currently the fastest growing new asset class, giving rise to a growing new community of high net worth individuals with significant Bitcoin and altcoin holdings known as “crypto-affluents”. With crypto-affluents lacking access to the luxury lifestyle, Aditus was created to be the world’s first luxury access platform bridging luxury merchants and crypto-affluents on a revolutionary decentralised network. Aditus will be launching an Initial Token Sale at the end of Nov 2017.

Founded by veteran entrepreneurs with combined 50 years’ experience in the luxury and technology sphere, Aditus is also backed by prominent crypto-pioneers and former C-level executives from renowned luxury brands. Aditus is positioned to introduce a new segment of affluent customers to the luxury lifestyle.

Aditus solves the double-sided access problems faced by both crypto-users and luxury merchants:

· Few luxury merchants accept cryptocurrencies, while crypto-affluents prefer to conveniently make payments in crypto-currencies

· Crypto-users value data privacy immensely. Conversely, luxury merchants require more data for better target marketing

· Presently, luxury merchants lack the knowledge to reach and generate exclusive offers for crypto-affluents

Solving these double-sided access problems between luxury merchants and crypto-affluents unlocks an untapped multi-billion-dollar opportunity.

Introducing Aditus

Aditus is a new decentralised network built on the Ethereum blockchain, integrating a decentralised smart phone app, smart contracts, encryption protocols and payment gateways.

The Aditus network

· Enables luxury merchants to target market segments and engage directly with users through Aditus Smart Invitations™ without infringing on customer privacy

· Users maintain complete control of their encrypted data, which never leaves the Aditus mobile app without express consent

· Allowing crypto-affluents to make payment with their crypto-currency of choice while merchants receive payments in their currency of choice

As a result, crypto-users enjoy access to the world of luxury goods and services in privacy, while luxury merchants retain the ability to do target marketing on this entirely new customer segment.

Smart Invitations™, VIP Rewards, Privacy and Freedom of Transaction

Crypto-affluents use the Aditus secure mobile app to:

· Store their encrypted personal data, used for decentralised matching with the merchant’s targeting requirements — user data never leaves the user device without the user’s express permission

· Access Smart Invitations™ from global luxury merchants that match their user preferences — giving access to a previously inaccessible lifestyle

· Enjoy payouts in Aditus tokens as a reward for engaging with the merchants according to the terms of the Smart Invitations

· Facilitates transactions via the Aditus Wallet that supports multiple cryptocurrencies like Bitcoin, Ethereum, Aditus, and more

· Be invited to join the Aditus VIP Membership program: a suite of exclusive rewards, privileges and services, previously only available on the highest tier fiat credit cards, now made for crypto-currency users through Aditus

In addition, Aditus organises exclusive events for Aditus users (comprising both fiat-and crypto-affluents), and users may use Aditus tokens to vote on the program line-up of such events, ensuring an engaged community.

The Aditus Token and Initial Token Sale

The Aditus token, offered through the upcoming Token Sale serves as:

· Membership proof to access Aditus’ decentralised platform

· Rewards currency within the Aditus platform

· Possible transaction currency with luxury merchants on the Aditus network

· Voting currency within the Aditus platform

In providing the world’s first luxury access platform to bridge luxury merchants and crypto-affluents, Aditus is positioned to unlock a significant and untapped market opportunity and induct a new community into the luxury lifestyle.

The Aditus Initial Token Sale will be launching at the end of November 2017.

For more information:
Please visit aditus.net or email us at press@aditus.net for further details

ADITUS™, WORLD’S FIRST LUXURY ACCESS PLATFORM CONNECTING LUXURY MERCHANTS TO CRYPTO-AFFLUENTS TO… was originally published in Aditus on Medium, where people are continuing the conversation by highlighting and responding to this story.