Digitalbits Blockchain Rebrands as XDB CHAIN
The Digitalbits Foundation, the organization behind the Digitalbits blockchain, has announced a transformative rebranding initiative. The blockchain will now be known as XDB CHAIN, aligning with its mission to provide transparency and decentralization. This rebranding effort will involve the progressive renaming of all project assets and the transition of the Digitalbits Foundation to the XDB Foundation.
The Evolution to XDB CHAIN: A Landmark Achievement
The Digitalbits blockchain’s rebranding to XDB CHAIN represents a significant milestone. It signifies the adoption of cutting-edge technology to serve brands and consumers in the metaverse and decentralized internet landscape (Web3). This move is a foundational step towards decentralization, driven by the community.
Revolutionary and Enhanced Tokenomics
XDB CHAIN has been working on elevating its tokenomics model beyond traditional layer 1 projects. The team has introduced Branded Cryptocurrency Offerings (BCOs) and a dynamic token burn mechanism tied to on-chain value generation. This innovation aims to enhance XDB CHAIN’s adoption in real-world use cases and reduce token supply through deflationary measures.
The Inspiration Behind its Name
The name “XDB CHAIN” is derived from the blockchain’s core coin, XDB. The “X” symbolizes growth, evolution, and diversity. It represents the dynamic nature of XDB CHAIN, adapting to the evolving needs of brands and users while committing to reducing token supply over time.
Daniele Mensi, CEO of XDB Foundation: “I am filled with excitement as I’ve never experienced before. Today, this is no longer a sentence on a whitepaper; it’s now a living reality for XDB CHAIN and championed by its amazing community. This makes a historic milestone under this new brand name representing and inspiring everyone supporting it. Stay tuned!”
About XDB CHAIN
XDB CHAIN aims to propel the blockchain industry into a new era by embracing novel use cases, nurturing collaborative communities, and pushing the boundaries of technology. The project invites individuals to join them on this journey towards the future of Blockchain for Brands and empowering the consumers of tomorrow.
For more information, please visit XDB Foundation’s Official Website, follow them on Twitter and Instagram, or join their Telegram channel.
Hot Take: XDB CHAIN Revolutionizes the Blockchain Industry
XDB CHAIN’s rebranding marks a significant achievement in the blockchain industry. With its enhanced tokenomics model and commitment to decentralization, it aims to revolutionize how brands and consumers interact in the metaverse and decentralized internet landscape. The rebranding reflects the project’s dedication to growth, evolution, and reducing token supply over time. As XDB CHAIN continues its journey into the future, it invites individuals to join them in shaping the blockchain industry for tomorrow.