Seigniorage: profit made by a currency issuer, especially the difference between the face value of coins and notes and their production costs ▪ Shareholders are in charge of reference basket maintenance; it is only fair: it is their coin, they backed it with their capital ▪ The share price is free to float ▪ Share value = assets - liabilities ∙ = − ∙ 0.95
Ferdinando M. Ametrano Executive Director [email protected] Paolo Mazzocchi Chief Operating Officer [email protected] www.github.com/dginst www.facebook.com/DigitalGoldInstitute www.twitter.com/DigitalGoldInst www.dgi.org/feed.xml [email protected] www.dgi.io www.linkedin.com/company/digital-gold-institute "Scarcity in the Digital Realm"