Sadly, here are the latest news from Baritus quitting the development of DGC and closing CryptoAve within 7 days.
http://digitalcoin.co/forums/index.php/topic,1261.msg9244.html#newHello,
As of this moment, I am passing on all lead development responsibilities to the Digitalcoin foundation (
http://digitalcoin.foundation). I will no longer be developing the new versions, that responsibility will be up to the developers in the foundation. I am fully confident that the foundation will take DGC to new levels for all the community.
I will still be involved in the community in many other ways and will continue to host the website and forums.
Regards,
Baritus
http://digitalcoin.co/forums/index.php/topic,1262.msg9243.html#newHello,
After discussion with the major CryptoAve shareholders, other admins of payment processing services, and the admins of crypto exchanges, the CryptoAve project will undergo a major overhaul.
Currently, shareholders are not achieving any returns on their investment due to a lack of trading activity. I do not believe it is likely that the situation will change due to a multitude of factors, not least of which is the inability for us to offer USD trading to US citizens (which are the majority of traders).
CryptoAve.Com will cease to operate as an exchange on September 15th, 9:00 PM GMT. Please withdraw all your coins and make any share trades before then.
The CryptoAve software will then go into re-development to turn it into a licensed exchange system. We will offer an easy to use, secure, and tested exchange software for a licensing fee. Anyone will be able to get a copy and start an exchange in less than 15 minutes. The software will be capable of trading any coin with an RPC interface and will be modifiable for the rest.
The payment processing code will go into developing a payment processing module that can be added on to the exchange system.
The shareholders will divide profits based on ownership percentage. 10% of my 51% in shares will be dedicated to re-investment in DGC for the first year of operation.
Thank you for everything you've done to get CryptoAve where it is.
Regards,
Baritus
Don't do anything rash, they have big plans for the coin.
Dev speed being ramped up, expect big changes in everything DGC related, changes very much for the better from what I've heard.
Disclaimer : I am a member of the DGC Foundation which now controls the coin.