In this thread we're going to break down exactly why @DigitalBitsOrg is currently one of the most underrated projects.
Forget the short term shitcoins for 1 minute & let us enlighten you with this long term potentially life changing play!
2/22
You might have heard in recent news, huge names, brands, sponsorships, #totti, #davidbeckham & #PistaLab, to name a few signing, representing & sponsoring @DigitalBitsOrg . But do you actually understand the significance & whats potnetially coming next for $XDB holders?
3/22
Before we break down why we think $XDB is a screaming buy, let us give you a quick overview on the project itself. To keep it easy, @DigitalBitsOrg is a layer 1 blockchain for brands, focused on supporting consumer branded currencies, NFTs, stablecoins & more.
4/22
For a full rundown of @DigitalBitsOrg we're working on a review to breakdown every aspect of $XDB. Fundementals, usecase, utility, team & tokenomics so stay tuned! In the meantime you can check out this great article that breaks down some the basics
So whats actually been going on behind the scenes?
Lets start with Beckham, who has just become a global ambassador for DigitalBits. We're going to break down the significance of this move & why it will have a HUGE impact on the projects eco-system in the coming years!
6/22
First of all we need to gain a full understanding of Beckhams plans are and how they will impact his presence & interaction with $XDB. Now we've seen a montage of celebs & footballers get involved in crypto & #NFT's over the last year or 2, so why is this so special?
7/22
Well you see, Beckham has big plans, revealed with the recent filing of patents for Metaverse & NFT's. All of which will utilize the $XDB eco-system. But this is just the iceing on the cake, what comes next is whats really peaked our interest! Let us break it down for you!
8/22
Because what comes next is potentially game changing. We mentioned how celebs & footballers are nothing new. But let us show you the difference between a random celeb & David Beckham & how its going to open the flood gates & turn $XDB from a 200m mc into a raging beast
9/22
You see most other layer 1 blockchains are sat comfy with billion + dollar market caps. Take #Solana for example, currently 30 Billion in a bear! So whats so speical about $SOL? Other than It going down more than the average porn star? Let us answer that for you, NOTHING!
10/22
So now you're going to ask, whats so special about $XDB? Well we just mentioned how Beckhams involvement will open the flood gates, heres how! Lets talk about the brands supporting David Beckham Ventures, who will consiquently be tied into his involvement with $XDB
11/22
In total Beckams brand eco-system covers 50+ brands, 1220 partners, 6100 stores, 426 million social media followers and 21 billion in global retail sales. He makes the average celeb look like a pleb! So lets dig into what those brands are and how theyre getting involved!
12/22
Authentic Brands Group (ABG) - global brand owner, development & entertainment company has a 55% stake in (DB Ventures) recently entered into a strategic partnership with Becks to co-own & manage his entire global brand.
13/22
Authentic Brands recently purchased Reebok who have already stated they will be releasing NFTs and accepting crypto payments. Once again let us refresh the earlier statement, (AB) is co owner of Beckham ventures, anything hes involved in will run through the $XDB chain.
14/22
Authentic Brands just become the largest shareholder in Studio 99, a creative & production studio founded by Becks in 2019. The company has series in development for platforms, including Netflix & Disney+
Hopefully youre starting to get the big picture by this point?
15/22
Beckham has already signed a massive $160 million lifetime contract with Adidas, who are following suit by stepping into the the NFT Space. We can only begin to speculate who theyre networking with and which blockchain they will be potentially utilizing? 👀
16/22
The list goes on and on and on, with over 50 brands and 1220 partners, what Beckham brings to crypto is on a whole other level to any previous celeb or footballer. Whatever Beckham does HAS to go through $XDB and its all happening right now quietly behind the scenes!
17/22
Fact is we could have wrote an 80 page thread on Beckhams eco-system & most peoples interest still wouldnt have peaked! But in reality most retail investors wouldnt care or understand. Because theyre too short term and have nothing but money & emotion on their mind to care
18/22
But in short the fact that Beckham is putting his name and reputation on the line, is a huge stamp of approval that brings legitimacy and confirmation to institutions and large investors! Now we need to take a step forward and start to think on our feet!
19/22
With all these institutions and large investors entering the scene, has $XDB already got the liquidity, volume and marketplaces to accompany them on the grand scale required? Well in short no, other than #Kucoin there are no other tier 1 or large exchanges. 🙆♂️
20/22
But fear not because thats a good thing right? We certainly wouldnt be writing this thread if so! Quite frankly anyone whos been involved in crypto for a long period of time should be able to sense that $XDB a project that listed in 2017 is overdue exchange listings!
21/22
With all the recent partnerships, moves into the NFT space & price now back to historic support, ppls attention is starting to peak. With market conditions uncertain, most will sit on the sidelines & watch opportunities pass by. Mark our words when we say, dont miss $XDB
22/23
Because by the time it equals Solanas current market cap it will have equated to over 168 x's & we expect that to be the first mile stone! So dont sleep, because every x counts from here!
Follow @TheGemHunters for more indepth analysis on the hottest projects!
Today we're kicking off a mini-series on tokenomics, vesting schedules & sale metrics as part of our #TGH series on how to successfully navigate through crypto and #DYOR
The focus for today is going to be on tokenomics, followeed by two more threads over the coming days -
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so stay tuned!
just by understanding those couple of points you can already easily distinguish, whats worth looking into and what's a straight pass. generally you can find that information either directly on the websites frontpage, or in the Litepaper / whitepaper.
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If you can't find it on either it's already a huge redflag.
as an example we are going to look at two of the recent #FitFi bangers - $GMT & $FITFI
The next thread in our Education Series will be all about Etherscan. We covered the basics in the first thread, but here we'll dive a little deeper and show you not only how to use it, but also the best ways to take advantage of the data available
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At first glance, it might seem like a lot of info, but with a bit of practice, it becomes much easier
The main functions you'll want to take notice of are:
- the search bar
- Eth price
- Eth mcap
- Gas Price
2/
The price and the market cap aren't hard to find info, however, the gas price and the search are much more helpful.
First we'll talk about gas. The Etherscan gas price is one of the most reliable gas trackers in the ecosystem, and here's what it looks like at a glance
Cryowar is a real-time multiplayer PVP arena #NFT game developed in Unreal Engine and on the @solana network. Players engage in fierce multi realm battles in the expansive Sci-Fi Medieval gaming #metaverse.
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Battles in Cryowar are an all-out fight featuring profound skill expression, where players are in a constant struggle for resources, territories, and world domination. Every player will have the unique opportunity to protect their realm and earn rewards in the process.
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Strengths
🔹Has been in development for ~3 years, and the metaversa will be constantly further build out
🔹The Blockchain component is utilizing @Solano, while the gaming platform itself delivers top notch Unreal Engine 5 graphics