Digitalbits -- Defending its Tokenomics
The question of the supply of a token/coin plays a major role sometimes in the development of the project. The investors mostly prefer going for a low supply token rather than investing in projects with billions of supply projects to avoid loss of investment. Why was initiating a 100 billions of tokens to Digitalbits(XDB) right?
Use case Tokenomics
When we look at the use case of this amazing project which is to be used to reward the loyalty of customers in a digitized manner without the prior knowledge of cryptocurrency, we can say with its mass adoption all over the world, we don't want a situation whereby more tokens are been generated sometime in the future thereby causing panic to investors. The token can also be traded and exchanged directly which makes it a valuable asset.
Let's take a look at the breakdown of the tokens with the estimated token price:
Ticker: XDB
Price Token: 0.004 USD
Total supply: 100,000,000,000
Team: 12.5% of Total Supply
Algo pool:40% of Total Supply
Airdrops/Bounty:3% of Total Supply
Tokens for sale: 10,000,000,000 XDB (10%)
Hard cap 35,000,000 USD
The total supply of XDB is a hundred billion(100,000,000,000) just like I mentioned earlier in its quest to bridge the gap between producers and consumers in solving the issues arising in earning loyalty bonus. With the mass adoption of the use of XDB tokens.
For the ICO 10billion tokens would be available for purchase which when over 35billion is raised its means success to the sale of the token and project funds raised can be used for its purpose.
For further information about Digitalbits, you can check out the links below
Website: https://www.digitalbits.io/
Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf
Lightpaper: https://www.digitalbits.io/resources/digitalbits-lightpaper/
Ann Thread: https://bitcointalk.org/index.php?topic=5026550.0
Westart: https://www.westart.co/project/digitalbits-presale
Facebook: https://www.facebook.com/DigitalBitsOrg/
Twitter: https://twitter.com/DigitalBitsOrg?lang=en
Telegram: http://t.me/digitalbits
Bounty Thread: https://bitcointalk.org/index.php?topic=5112064
Author Details
BTT Username: tomtoks
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1238920