Remember when Jow Forums called this a scam? Multiple publicly listed companies now confirmed to be using it in the next couple of months. Announcements coming soon.
XDB Fudders BTFO
Tyler Nelson
Daniel Martin
Proof attached
Joshua Bennett
Aware me on this? What’s XDB?
Jack Campbell
XDB (DigitalBits is the company) is a protocol layer blockchain designed to support consumer digital assets, specifically brand currencies. There are a whole range of use cases that are relevant, but ever since Libra there are a ton of companies who are interested in either tokenizing their existing rewards or creating a new brand currency.
If you doubt that, just look up the amount of patents companies like Walmart have been taking out recently in blockchain.
The main thing that makes XDB so insanely useful as an ecosystem layer is their cross-asset multi-hop payments which let you gain insane network effects by tokenizing existing digital assets. And this isn't some meme tokenizing shit where you expect everyone to be trading crypto, everything happens in the background so for customers their learned behaviours don't change. Basically, it's an actually plausible real-world adoption use case.
Jace Flores
>Cross-Asset Multi-Hop Payments
>Multi-hop technology enables the ability for tokens to have higher liquidity, even if no direct market exists. For example, if assets are up to 6 hops apart, this technology makes it possible for the automatic trading across intermediate order books of other asset pairings in order to fill the user’s intended trade. Since cross- asset payments and conversions are simple and seamless, users are not required to hold any unwanted assets just for payment purposes. Instead, they can hold their preferred assets, only converting if necessary. The DigitalBits system thereby creates an ecosystem where users never have to exchange tokens except at the point of sale. Users could, for example, choose to keep their favourite tokens, converting small amounts as needed, such as when an alternative token is required.
If you can't understand why companies, especially big companies, would want to be using this you absolutely should not buy and instead remain poor and stupid.
Adrian Robinson
How long has it been listed? Mcap please
Jose Peterson
Wrong supply on CMC, shouldn't it be 100 billion? Also, doesn't this put it at 1.5 billion market cap? lmfao
Leo Bailey
Only just listed on IDEX last month and went up a bit in price since then.
Marketcap is only 2.9mil so you are getting in at the ground floor if you're buying now. Especially since the public companies haven't been announced and aren't priced in.
Leo Smith
>100 billion supply
>muh undiluted marketcap
This explains the entire token breakdown: medium.com
None of this matters unless you're planning to buy and hold somewhere into the year 2027, and even then the overwhelming majority of supply is in an algo pool that will never touch secondary markets.
XDB with its current supply and mcap is an easy trade on a short to medium term basis. Only 2% is circulating right now, with that later on to be 4% and sit there for a long, long time. It's already proven the people who bought last round aren't selling either. Price has remained rocked solid and trending up, irrespective of BTC movements just about.
Connor Scott
Publicly listed companies are coming on board. Get in now or cry later.