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/biz/ - Business & Finance


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19786953 No.19786953 [Reply] [Original]

Why Digitalbits and why you should be invested long term.

>Digitalbits is delivering a blockchain that can be easily integrated with existing businesses, brands and operations.
>Focusing on targeting a 50 billion dollar untouched market revolving around branded currencies and loyalty reward programs,
with 16 billions dollars in unclaimed and forgotten points that are ripe for conversion. That's 30% of the sectors value
unredeemed
>This is what Digitalbits solves by migrating hundreds of millions to blockchain technology making it so
massive market comes to chain without people using it even noticing = mass adoption.

Example: Imagine a mobile app that allows you to access, collect, and use reward points for major brands, companies etc from your phone. Imagine being able to convert them to cash or to buy reward points if you see a reward you would like but don't have the points for. (This is called unlocking siloed value).

>Digitalbits will provide the team and service offering the full tech stack to brands to create a network of branded currencies.
>The Digitalbits team is filled with C-level executives including Julie Lyle (Former CMO of Walmart),
Paul Gampe (Former Vice President of Red Hat) and Matthew Roszak (Co-Founder of BLOQ).
>The CEO Al Burgio is well known for his previous business ventures specifically Console Connect that reaches major providers including Amazon, Microsoft, Google, IBM, Alibaba and Tencent which was later acquired by PCCW Global in 2017.

>> No.19786970
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19786970

Now let's talk about their coin $XDB which is used to support the Digitalbits blockchain network.

>XDB is used for multiple utilities which include preventing spam on their network by staking XDB for per account that is created on the network
>XDB is used as fee payment when making transactions and XDB can act as a bridge token to facilitate
transfers and/or trades between asset pairings
>There will also be XDB staking and a node operator program at a later date.
>XDB is what is required to power the digitalbits blockchain, millions of people actually care about reward points and programs. It's already confirmed that 10s of millions are ready to onboard XDB blockchain. What we are seeing is an eco-system being built to handle these major brands.

>> No.19786988
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19786988

>>19786970
For the juicy fundamental stuff

>Kucoin just launched a first of it's kind Enterprise Currency Desk (ECD) which will facilitate the acquisition of digital assets necessary for brands and enterprises to provide blockchain based solutions.
>This includes sourcing tokens for wallet authentication, transaction fees, staking and allowing for seamless operation across integrated software platforms. Sound similar?

That's right, this was launched alongside Digitalbits. Now why would you think Kucoin would launch something like this? As if they didn't do their research and due diligence. What's the bet they know what Digitalbits is about to bring into the blockchain space and what kind of brands/companies they are dealing with.

>Then we have the likes of Fireblocks - The most connected institutional asset transfer network for securely moving funds 24/7 across wallets, exchanges and counterparties using MPC & SGX tech which will be beneficial for Digitalbits.
>Also Digitalbits has big hitter blockchain companies involved and invested. GDA capital and Alpha Sigma Capital. Research them.

Digitalbits has 2 remaining milestones for the companies development this quarter which majority are speculating major publicly listed companies being announced that will be using XDB and on their blockchain.

>> No.19787000

>>19786953
>>19786970
>>19786988
green ID confirms

>> No.19787212

>>19786953
They crazy part is that these 50bn$ are from a few years ago and only US but the global value of this industry is over 300bn!!

XDB is working in US and Europe but will expand wold wide

Imagine they will get even just 1% of this huge pie as the 1st mover

>> No.19787236
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19787236

>>19787212

>> No.19788102

Okay well tell me where the fuck to buy??? with what pairs and whats a suicide stack??

>> No.19788111

I heard some rumours that the Walmart lady Julie is working with another veteran marketing CEO to bring on the big names. With the airmiles leak and the Starbucks leaked rumour, it seems likely.

I'm going to keep money on kucoin (I see it's the only place with volume) ready for these next week's. Im getting excited for this one

>> No.19788335

>>19788102
get it on KUCOIN or IDEX
dont know what you consider a suicidestack though, but its easy gonna hit 50c in the next bull
>>19788111
fucking CHECKED

>> No.19788516

>>19788335
I wouldn't be surprised with a dollar if we are talking about bull market, everything is possible

>> No.19788634
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19788634

>>19788335
50c is realistic from a shills perspective? be honest because I like their business model and the eco system being built. I just need realistic shills, not moonboy

>> No.19788706

>>19788634
50c would be ~170m mcap at the current state
listen, nobody know what the price will be but im confident that its fucking undervalued at 5m mcap
always DYOR and make your own decision
>>19788516
sure in the next real bullmarket a mcap of 340m mcap sounds reasonable with these fundamentals and if they can deliver in the next months
but thats high speculation ofc

>> No.19788900

>>19786953
People getting points and not redeeming is literally priced in, it's a feature not a bug. Why would a shitcoin like this take off when it does the exact opposite of what the users want? For now I'm highly skeptical and not investing anything until they address the glaring issue I mentioned.