|All Time High:|
|Market Cap: |
|The price of #XDB today is $0.00298 USD.|
The lowest XDB price for this period was $0, the highest was $0.00298, and the current live price for one XDB coin is $0.00298021.
The all-time high XDB coin price was $0.84.
Use our custom price calculator to see the hypothetical price of XDB with market cap of ETH or other crypto coins.
|The code for DigitalBits crypto currency is #XDB. |
DigitalBits is 3.1 years old.
|The current market capitalization for DigitalBits is $2,271,388.|
DigitalBits is ranking downwards to #767 out of all coins, by market cap (and other factors).
|There is a big volume of trading today on #XDB.|
Today's 24-hour trading volume across all exchanges for DigitalBits is $1,095,668.
|The circulating supply of XDB is 762,155,983 coins, which is 51% of the maximum coin supply.|
TOKEN-SWAP CUT-OFF Date is 7th of October, 2022, at 8 AM UTC
Dear community, KuCoin has completed the integration of the DigitalBits mainnet chain and will automatically swap digitalbits ERC-20 (XDB) with digitalbits mainnet tokens (XDB) on a 1:1 basis for their users. Furthermore, KuCoin: Will be the last participating exchange to support the DigitalBits token swap. It is not expected that other participating exchanges will support DigitalBits token-swap beyond this date., KuCoin has set the cut-off date on October 7, 2022 at 08:00 AM (UTC) (end of DigitalBits token swap as per previous communication), and will stop accepting deposits and withdrawals for digitalbits ERC20 XDB tokens by that date, IMPORTANT: If you haven’t swapped digitalbits ERC20 (XDB) tokens prior to this date on any other participating exchanges and you miss to deposit them on KuCoin on October 7, 2022 at 08:00 AM (UTC) you will no longer be able to use or redeem them. All digitalbits mainnet swapped tokens will increase digitalbits mainnet circulating token supply while all digitalbits ERC-20 swapped tokens will be burnt and decrease the digitalbits ERC-20 circulating supply. Starting today, a daily countdown will commence to make sure everyone is aware of the upcoming cut-off date and the associated risk of not meeting this timeline. This date sets the end of the digitalbits ERC-20 (XDB) tokens while digitalbits mainnet (XDB) becomes widely distributed across the DigitalBits ecosystem. To reassure the whole ...
The growth of DigitalBits ecosystem
On Jul 29, 2022, the very first Monaco Crypto Summit, powered by DigitalBits, was hosted in Monte-Carlo, Monaco. - The event began with a press conference at the Grimaldi Forum, where Al Burgio, the founder of the DigitalBits blockchain, unveiled announcements into the expanding DigitalBits ecosystem, including the unveil of the Prince Albert II of Monaco Foundation App, built on the DigitalBits blockchain. Olivier Wenden, CEO of the Prince Albert II of Monaco Foundation was also in attendance. This app will enable donations with DigitalBits tokens $XDB as well as the ability to purchase NFT tickets (minted on the DigitalBIts blockchain) to access exclusive events. Some additional remarkable product announcement were made, including the upcoming decentralized exchange NicoSwap, built on the DigitalBits blockchain which will facilitate the on-chain trading and liquidity for upcoming utility tokens by organizations and platforms like LootMogul, EpicoPlay, Plägood, Aftermath Islands, and Agoraverse. The Summit, was emceed by Dustin Plantholt, editor of Forbes Monaco, and Rachel Wolfson, senior editor at CoinTelegraph, also the official media partner of the event, along with the presence of more than 15 remarkable speakers from the blockchain and crypto industry. — Here below the main takeaways: - Al Burgio — Founder, DigitalBits Blockchain As pre-announced during the press conference, new partnerships were unveiled. ...
DigitalBits Whitepaper Update
August 5, 2022. — DigitalBits Foundation Introduction, This paper provides various updates to the DigitalBits version 2.3 whitepaper published on June 14, 2019 which is incorporated herein by reference. This paper is structured as follows: Section 2 summarizes the existing blockchain system, Section 3 additional features and functionality being added to the DigitalBits system, Section 4 summarizes modifications to total token supply and token allocation, and finally Section 5 conclusion. The 2019 whitepaper introduced the DigitalBits blockchain and primarily focused on enabling easy asset tokenization using a transaction and trading layer, the goals and requirements of such a system, and the overall architecture of DigitalBits. This paper introduces new features and functionality being added to the DigitalBits blockchain. Specifically automated market maker technology (AMM) to coexist alongside the protocol-level DigitalBits decentralized exchange that has operated since network launch, and its potential to attract increased network-level liquidity. In 2022 Q2, the cryptocurrency industry once again witnessed the associated risks with centralized platforms with the downfall of certain centralized crypto lending platforms. Protocol-level AMM technology as discussed in this paper enables users to contribute liquidity to a decentralized system without the risk of third-party taking custody of their stake in a liq...
Additional XDB Token Burn
The DigitalBits Foundation is announcing that 100 million XDB ERC-20 tokens will be burnt today, reducing the current total supply for the XDB ERC-20 from 1.5 billion to 1.4 billion. Additional token burns are also expected prior to the commencement of the mainnet token swap. Back in November 2019, the total supply of XDB ERC-20 was reduced via the token burn process from the original XDB ERC-20 supply of 100 billion to 1.5 billion. This burn was done to address confusion and concern as well as to provide reassurance that the majority of the original 100 billion ERC-20 tokens total supply would not find its way into circulation. This disclosure has also been present on the Coinmarketcap and Coingecko webpages for XDB. With the upcoming mainnet token swap, the commencement of this further ERC-20 burn is to provide a similar reassurance that these burnt tokens will not find their way into circulation. As for the upcoming mainnet token swap, that process will be fully executed and communicated by participating exchanges. Digifinex is the first exchange that has confirmed that they will facilitate the token swap on their exchange on August 15th, 2022. We expect other announcements from exchanges to take place in the coming days announcing the precise date of the swap, in order to give users proper notice. Each participating exchange will provide instructions on how they will facilitate the swap for their clients. The digitalbi...
Dear Community, Due to major announcements coming, the DigitalBits Whitepaper update will now be released on 5 August 2022. Whilst originally planned for release on the 15 July 2022 there are certain confidential elements under development that are due to be made public by the 29th of July, that will require a further Whitepaper update. These elements are integral to the future journey of DigitalBits and cannot be excluded/added at a later date. Therefore to ensure that the announcements on the 29th of July 2022 remain undisclosed we have no option but to push forward the release date of the Whitepaper to include these exciting elements. We look forward to the 29th of July! About DigitalBits Twitter | Instagram | LinkedIn |Facebook |Telegram | Announcement | Community Update was originally published in DigitalBitsOrg on Medium, where people are continuing the conversation by highlighting and responding to this story.
Recap — Talk to the team, 4th of July, 2022
Recap — Talk to the team, 4th of July, 2022 - Today, 4th of July, 2022, Daniele Mensi, Managing Director of DigitalBits Foundation has updated the community through the monthly “Talk to the team”. Questions have been copied, pasted, and answered as they are. For total transparency, we have filtered out double or triple questions, as well as those that have extensively used the space to express subjective statements and those submitted by unverified user details. This audience is meant to address community questions by genuine members.Any plans for a new Liquidity provider? This is a very open-ended question however I will try to explain it as best I can. Secondary Market has seen the addition of Digifinex which after the token swap is expected to bring additional liquidity as more users will be aware, and more exchanges are expected to add support of DigitalBits mainnet to provide deeper liquidity and exposure. If the question is more related to are you adding a Market Maker then this is not something that quality projects will openly discuss that are mindful of compliance and regulations frameworks.When T1 and token swap? The date for the first exchange facilitating the Token swap has already been announced, more will follow in due course and we aim for other exchanges to be providing the swap at similar times. The timing is defined by participating exchanges.What should we expect from DigitalBits progress-wise b...
DigitalBits 12 Month Roadmap
Background and overview - This Roadmap anticipates some major steps that are expected to enable wider adoption of the DigitalBits blockchain. The vision of how the DigitalBits ecosystem will grow over the next 12 months also takes into consideration various developments and achievements that have occurred across the ecosystem over the past few months, including consistent community growth and on-chain product additions. This has further validated that the DigitalBits Mainnet (v2.0 upgrade) worked smoothly and efficiently. We have also observed a remarkable set of organizations entering the ecosystem, supporting the overall growth trajectory of mass adoption. From an infrastructure standpoint, DigitalBits Mainnet is now fully integrated with the leading custodian platform in the crypto industry (Fireblocks) that has extended support to any custom asset built on DigitalBits, which includes fungible and non-fungible tokens. Furthermore, a new payment processor has been directly integrated into the DigitalBits Mainnet (Coinbar Pay) and more are working on integrating. Moving forward, there are new exciting developments across the network including the addition of broader DeFi features such as Automated Market Making and Liquidity Pool functionality that involves the participation of a broader community of developers whose goal is to always prioritize security, speed, and efficiency at the heart of any technology they build. Ther...
DigitalBits Token-swap is announced today!
The DigitalBits Foundation team is pleased to announce that the XDB ERC-20 for digitalbits mainnet token swap will commence on August 15th, 2022, with Digifinex being the first exchange to announce today their full support on that date. Other participating exchanges are expected to announce their support for the token swap shortly. Each participating exchange will provide instructions on how they will facilitate the swap for their clients. The digitalbits mainnet token is the native token of the DigitalBits blockchain. Every blockchain address on the DigitalBits blockchain requires mainnet tokens to enable functional use of the account and for transaction fees on the network associated with an array of uses including sending payments and minting NFTs. The mainnet token can also serve as a bridge token between two on-chain tokens that don’t have a direct market. It is important to highlight some details on how the swap will take place: Every participating exchange will announce with at least 30 days’ notice the date of the mainnet token swap along with detailed instructions., Typically, they will temporarily halt deposits and withdrawals of the XDB ERC-20 token during the swap time window, while trading continues., Participating exchanges will seamlessly swap each ERC-20 token for a mainnet token 1:1 on the token swap date and time period. Specific instructions may differ with each participating exchange., This process i...
Fashionable Word 2022, Managing Director, Daniele Mensi talks about all-things of DigitalBits
Fashionable Word 2022, Managing Director, Daniele Mensi talks about “How NFTs and blockchain contribute to the marketing funnel” - Milan — 14th of June 2022 Live questions raised by the moderator Marco Zanardi, President of Retail Institute Italy What is DigitalBits and how blockchain can transform brands economy? “DigitalBits is an independent blockchain, a layer 1, a protocol, and a cryptocurrency if written in lower case. It works on an open infrastructure, operated by participating organizations, and doesn’t depend on other projects like Bitcoin or Ethereum to function. It is a blockchain project, whose goal is to be the blockchain for brands, so the goal of DigitalBits is to deliver mass adoption of blockchain-based assets by leveraging the so-called brand economy. It’s one of the few blockchain projects to my knowledge with a very strong focus on user experience and product marketing. DigitalBits blockchain has been selected as the blockchain of choice for truly global brands such as FC Inter, the football club of Milan, and AS Roma, in order to issue NFTs, cryptocurrency, and other digital assets. I often start by saying what DigitalBits is because I put myself in your position and ask myself the question, But if I wanted to talk about the same thing with Bitcoin, who should I talk to? Is there a Mr. Bitcoin? Is there a company? Is there anyone I can talk to? The answer is no or at least it requires in...
Recap — Talk to the team, 31st of May 2022
Recap — Talk to the team, 31st of May 2022 - Today, 31st of May, 2022, Daniele Mensi, Managing Director of DigitalBits Foundation has updated the community through the monthly Q&A “Talk to the team”. Daniele Mensi: Hi guys, here we are again! Admins will pause the chat, pause the new member welcome message and post the following Welcome, all to the second Talk to the Team event. I will be here for the next one hour to answer all of your questions. Shortly the chat will be unpaused briefly, once the first 5 questions have been posted the chat will again be paused to give the team time to answer. Once Answered the chat will be unpaused to allow for more questions. Once the questions have finished or the one hour time is up the chat will be unpaused and the team will stay for a further 10 minutes for general chat. During the main question time, we ask that no general discussion takes place for clarity. Are you ready? Let’s go! Q: Is the mainnet fully tested or is it still in process? A: The DigitalBits blockchain mainnet is fully operating. It has been for a while. You can see this with organizations like Fireblocks recently announcing that they have completed their integration of the DigitalBits blockchain. Any Fireblocks customer today can custody mainnet tokens and any fungible token and NFT minted on mainnet using the Fireblocks platform. Q: Is the team working on integrating any well-known NFT marketplac...
More DigitalBits (#XDB) News
|DigitalBits XDB Added to List of Legalised Cryptocurrencies in Ukraine
[PRESS RELEASE - Please Read Disclaimer]
KYIV, Ukraine, — The cryptocurrency DigitalBits XDB has been added the list of approved cryptocurrencies in Ukraine and will be accepted for donations to support ongoing military and humanitarian needs.
DigitalBits becomes the next cryptocurrency accepted by the Ministry of Digital Transformation, alongside Bitcoin, Ethereum and Tether, through the official website for Aid for Ukraine. Accepting these cryptocurrencies has enabled huge amounts in donations to support Ukraine’s ongoing and immediate needs.
The power and prominent features of cryptocurrencies, that are able to be accessed through blockchain networks with a simple Internet connection, have enabled the Ukraine government’s Ministry of Digital Transformation to raise invaluable donations in the midst of this war.
Ukraine was previously ranked fourth in the world for crypto adoption and has sought to improve its crypto infrastructure since the war began by signing a number of new regulations into law that will allow foreign and Ukrainian crypto exchanges to operate legally in Ukraine, including KUNA Exchange and FTX.
“You can now support Ukraine with crypto donations in DigitalBits XDB to help our fund Aid For Ukraine. Every such donation scales our efforts to equip Ukrainian defenders with necessary tools. We thank all contributors for the ongoing generosity!”, said Mykhailo Fedorov, the Minister of Digital Transformation of Ukraine.