Digitalbits

Social Links

Team Members

Core Team
  • Al Burgio

    Founder, CEO

  • Michael Luckhoo

    VP Operations

  • Ryan Burgio

    (Director of marketing)

  • Thomas Madej

    Dev.

  • Rajiv Naidoo

    head of research and community

  • Jane Yoon

    Senior UI/UX design

  • Deno Borghi

    Head of social and brand Communications

Advisory Team
  • Julie Lyle

    ADVISORY BOARD

  • Paul Gampe

    ADVISORY BOARD

  • Lars Rensing

    ADVISORY BOARD

  • David Holland

    ADVISORY BOARD

  • Toni Lane Casserly

    ADVISORY BOARD

  • Don Sheluga

    ADVISORY BOARD

  • Geoffrey Kent

    ADVISORY BOARD

More Information

The main application is tokenization of pre-existing digital assets and marketplace transfer. DigitalBits aims to introduce flexibility and liquidity to traditionally siloed industries, where points are limited to be used within their respective program. The ability to transfer and trade digital assets across applications near instantaneously will allow users to truly optimize their value.

Token functions:
1: Anti-spam: Protective Security Feature — every account on the DigitalBits blockchain is required to stake 10 XDB. This ensures authenticity and enables the account to send outgoing transactions.
2: Bridge Token: Enables transactions among non-native tokens — XDB operates as a bridge currency to facilitate trades between pairs of digital assets that may not have a large direct market.
3: Gas/Transaction Fees: Each transaction is also subject to a minor transaction fee of 100 nibs (0.00001 XDB). Together, these features create a financial disincentive for malicious users that may look to flood the network

Why we forked Stellar? DigitalBits, a fork of Stellar, shares many of the benefits of the original blockchain but differs in key aspects, such as not subjecting its native tokens to inflation, developing a token name certification service (TNCS) and an automatic algorithmic token distribution. TNCS works to confirm the authenticity of token issuers, ensuring malicious entities cannot masquerade as brands they are not associated with. In addition, algorithmic token distribution will reward users automatically for transactional usage. Developers of the largest Stellar wallet, Lobstr, have launched development of XDBwallet, a new custody and storage solution for the DigitalBits blockchain. They are among other developers and technology companies from the Stellar ecosystem who have taken interest in DigitalBits. The growth of this developer ecosystem will position DigitalBits to be a lead contender to Stellar


About

The main application is tokenization of pre-existing digital assets and marketplace transfer. D...


ICO Details

Status

Past

Compliance Grading

Complete Verification

Start Date

Dec 31, 2018

End Date

Apr 15, 2019

Phases

TBD

Token Symbol

XDB

Token Distribution

Crypto Name

TBD

Crypto USD Price

$ 0.

Acceptable crypto for Purchase

TBD

Soft Cap

$ 0.00

Hard Cap

$ 0.00

Presale Type

ICO

Number Of Decimals

TBD

Participation Restrictions

No