Using $DGMV

Find out more about our token utility

What is $DGMV?

$DGMV is DigiCorp Labs’ ERC20 true utility token, made to work with digital blockchain identity and grant access to a range of enterprise functions, consumer services and intellectual property in the DigiCorp ecosystem.

Token was designed and deployed with the help of LXC AG, a Liechtenstein registered company, ensuring legal compliance with the Liechtenstein’s law, particularly the Liechtenstein act on Tokens and Trustworthy Technologies to enable the use of the token in both consumer and enterprise environments.

What does $DGMV do?

$DGMV has three key functions:

• Unlocking of own IP for DGMV web3/metaverse application features

• Loyalty-based token rebates for application and service customers

• Loyalty-derived community participation in governance

How does the $DGMV utility affect the DGMV-ID app?

Without $DGMV, the standard DGMV-ID suite offers:

• Digital blockchain identity (through the DigiByte blockchain wallet)

• Authentication (QR code scanner facilitating passwordless authentication)

• Two factor authentication (2FA)

With $DGMV, the suite provides:

• Password generation and password profile management

• SSI wallet (currently under development)

How can I use $DGMV?

To use $DGMV to access additional features, you need to buy and install a license in the DGMV-ID app.

Buying a license executes a smart contract, which allocates the right number of DGMV tokens needed to unlock the additional features. The required amount depends on the type of license.

What about the small print?

You can find a full list of terms and conditions in the Compliancy section of this document.