Kriptoks

DigitalBits (XDB) is a blockchain platform that focuses on assisting digital assets such as brand currencies, stablecoins, and NFTs. Its main objective is to provide an easy-to-use blockchain that allows protocol users to quickly launch their digital assets and link them to user applications. The platform seeks to build connections that facilitate the administration of new technologies, thereby fostering the mass adoption of blockchain technology.

The DigitalBits ecosystem has four core objectives. First, it seeks to support innovation and adoption by providing the tools and resources needed to encourage the adoption of DigitalBits and blockchain-related technologies. Second, it aims to shape commercial standards by collaborating with businesses and multinational corporations to better understand the role of digital assets in the global ecosystem. Third, it contributes to technical development to ensure the network's security. Fourth, it facilitates partnerships and ecosystem development by identifying and onboarding partners and contributors into the DigitalBits and broader blockchain ecosystem.

The DigitalBits native token is XDB. The token aims to offer diversified utilities to token holders, including a protective security feature called anti-spam. Every account must stake a minimum of 10 XDB and a minor gas fee of 100 nibs (0.00001 XDB) with every transaction to validate the account's security and allow it to send outgoing transactions. Gas fees refer to the fees that users must pay to execute any function on the blockchain protocol.

The XDB token also acts as a bridge token to enable transactions between pairs of digital assets that do not have a large direct market. It leverages fast and low-cost payments as well as remittances.

DigitalBits was founded in 2017 by AI Burgio, who is also the founder of the DigitalBits Foundation. The foundation is a leading contributor to all the DigitalBits projects, supporting the DigitalBits ecosystem and associated technologies. The whitepaper of the token was published on June 14, 2019.

In conclusion, DigitalBits is a blockchain platform that focuses on assisting digital assets, with the aim of providing an easy-to-use blockchain that allows for the mass adoption of blockchain technology. With its four core objectives, the DigitalBits ecosystem seeks to support innovation and adoption, shape commercial standards, contribute to technical development, and facilitate partnerships and ecosystem development. The XDB token provides diversified utilities to token holders and acts as a bridge token to enable transactions between pairs of digital assets.