News

 Stay informed with the most recent breakthroughs and stories, directly from the forefront of XDB Chain’s blockchain technology

How to manage Custom Assets on XDB Wallet

As the world of cryptocurrency continues to evolve, the need for secure and efficient wallet solutions becomes increasingly paramount. XDB Wallet, provided by XDB CHAIN, offers users a comprehensive platform for managing their digital assets, such as XDB coins and Branded tokens (aka BCOs) minted on the XDB CHAIN. However, there are essential requirements and considerations users must understand to fully utilize the wallet’s capabilities. In this article, we’ll explore the account activation process, the addition of custom tokens, and the intricacies of making payments and transfers within the XDB Wallet ecosystem. Account Activation: Activating an account on XDB Wallet is the first step towards harnessing its features and functionalities. Unlike traditional banking systems, cryptocurrency wallets often have specific requirements for account activation on the Network. With XDB Wallet, users must store a minimum of 20 XDB in their account to have it activated. This is an anti-flooding mechanism to protect network integrity and performance Custom Asset handling: One of the standout features of XDB Wallet is its support for custom tokens, enabling users to selectively manage a diverse array of digital assets and keep full control. However, adding custom tokens requires adherence to certain guidelines. For each custom token added to XDB Wallet, users must allocate a minimum of 10 XDB tokens which will be kept locked on the account  This means users need to have a balance of at least 30 XDB plus trx fee of 0.00001 XDB to hold one custom asset like CBPAY, HONEY or SBX Find here the comprehensive guide about how to add new tokens on XDB Wallet Transaction Requirements: When it comes to making payments or transfers within XDB Wallet, users must be aware of specific transaction requirements. To initiate a payment or transfer, users must ensure that their wallet balance exceeds 20XDB tokens. This ensures that users maintain a minimum balance in their account, contributing to the overall stability of the ecosystem. Additionally, users can only transfer their balance minus 20XDB tokens and a transaction fee of 0.00001 XDB.

Read More »

A Comprehensive Guide to Adding New Tokens on XDB Wallet

Dear XDBees, get ready to embark on an exciting journey with new tokens on the XDB CHAIN ecosystem! In this comprehensive guide, we’ll walk you through the step-by-step process of adding Custom Asset (eg: SBX, CBPAY, HONEY) to your XDB web and mobile wallets, ensuring you’re well-equipped to receive and manage your airdropped tokens seamlessly. This guide doesn’t apply to exchanges (CEX) individual wallets. XDB Wallet (mobile): Step 1: Open Your Mobile XDB Wallet AppUnlock the potential of your mobile XDB wallet app by launching it on your device. Make sure you have the latest version installed for seamless functionality. Step 2: Navigate to Your Desired AccountSelect the account where you want to receive the Custom Asset, ensuring they’re allocated to the correct account if you manage multiple ones. Step 3: Tap on ReceiveWithin the selected account, tap on the “receive” button to prepare for the receipt of Custom Asset. Step 4: Add Custom Asset — Add Custom Asset TrustlineSince Custom Asset may not be pre-listed, manually add it by tapping on “Add Custom Asset.” Step 5: Fill the Form and Tap TrustScan the QR code containing the necessary information, such as: By following these steps, you seamlessly enable the trustline for any Custom Asset in your XDB wallet, ensuring you’re well-prepared to participate in the upcoming airdrop and contribute to the vibrancy of the XDB CHAIN ecosystem. XDB Wallet (web) Step 1: Open Your XDB WalletKickstart your XDB CHAIN Airdrop token adventure by launching your XDB web wallet on your laptop, desktop or mobile phone. This serves as your gateway to the vibrant XDB CHAIN ecosystem. Step 2: Select Your Preferred AccountNavigate to the designated account which meets eligibility criteria and where airdropped tokens will be received. Should multiple accounts be eligible to the airdrop, users are requested to repeat the operation for each designated wallet. Step 3: Add Custom AssetClick on the selected account , then click on the “+” symbol and it will open the “Add Custom Asset” page. Since Custom Asset may not be listed by default, opt for “Add Custom Asset” to manually integrate it into your wallet’s assets. Step 4: Complete the Asset Details FormUpon selecting “Add Custom Asset,” a form will prompt you to enter necessary information: By following these straightforward steps, you ensure the smooth addition of Custom Asset to your XDB web wallet, positioning yourself to seize the opportunities presented by the upcoming airdrop while contributing to the security and integrity of the XDB CHAIN ecosystem. Can I receive an airdrop if I did not add Custom Assets? Yes. The streamlined feature of InApp XDB wallet notification allows users to effortlessly manage users preferred assets, ensuring them to always be up to date regarding trusted tokens.By clicking on the notification which XDB Wallet sends once a new Custom Asset is airdropped, the trustline can be enabled in another way, through the claimable balance.CLAIMABLE BALANCE:Step 1: Open Your Mobile XDB Wallet AppUnlock the potential of your mobile XDB wallet app by launching it on your device. Make sure you have the latest version installed for seamless functionality. Step 2: Navigate to Your Desired AccountSelect the account where you want to claim the Custom Asset balance, ensuring they’re allocated to the correct account if you manage multiple ones. Step 3: Tap on the assets barThe recent transactions shows
 an incoming (pending) payment. Click on the XDB icon, on the left side. Step 4: Tap on “Incoming” and Add Asset To Your AccountThe Incoming tab shows the details of the incoming payment. Step 5: Tap on the Claim AssetShows the details (issuer) of the
 asset about to be trusted. Step 6: Tap on the ConfirmShows the details of the
 transaction to be submitted in
 order to claim the incoming
 payment. Once confirmed the recent transactions now
shows the successful incoming payment (and the added trustline) Disclaimer: This guide is for informational purposes only and should not be considered financial advice. Users are encouraged to conduct their own research before engaging in any cryptocurrency-related activities.

Read More »

Introducing CBPAY’s Referral Airdrop Bonus

In the spirit of rewarding the XDBees community it is with full excitement to announce that CBPAY airdrop introduces an exciting addition: the Referral Bonus. This is the opportunity to CBPAY Airdrop members to not only participate in this very transformative airdrop but to further amplify the reward scheme by inviting peers to join this amazing  journey. Here’s everything to know to boost this opportunity. The Power of Referral Referrals are a cornerstone of building strong, interconnected communities. By referring friends to the CBPAY airdrop, members are not just expanding the XDBees community; they ensure that it grows with the right peers who are as passionate about digital payments and cryptocurrency as XDBees are. How It Works Strategy Tips The Impact of Members Participation By participating in the referral program, members are playing a pivotal role in the growth of the CBPAY community. Each referral contributes to a more robust ecosystem, poised to revolutionize digital payments. This is also to start familiarizing with the CBPAY referral mechanism that will give rewards on participation inside the CoinbarPay ecosystem. Members efforts not only earn the additional rewards but also strengthen the foundation upon which the CBPAY vision is built. Conclusion The addition of the referral bonus to the CBPAY airdrop is an exciting opportunity for the XDBees community to grow and thrive. It’s a testament to the power of collective action and the rewards that come from building together. Don’t miss your chance to be a part of this rewarding journey. Visit pay.coinbar.io/cbpay, get the referral code, and start spreading the word today! Together, let’s pave the way for the future of digital payments on XDB CHAIN.

Read More »

CBPAY Airdrop Announcement

In an era where real world assets are redefining financial interactions, CBPAY stands at the forefront, pioneering an inclusive, community-driven payment ecosystem. With the eagerly anticipated CBPAY token airdrop, community members are invited to be part of this transformative journey. Here’s everything you need to know as a community member to secure a spot in this groundbreaking ecosystem. Introduction to CBPAYAt its core, CBPAY aims to bridge the gap between traditional financial systems and the burgeoning world of real world digital assets. By harnessing the power of blockchain technology, CBPAY introduces a rewarding mechanism for users and merchants alike, fostering a vibrant payment ecosystem where every transaction contributes to mutual growth. The CBPAY Airdrop: A Milestone EventThe CBPAY airdrop represents a pivotal moment, offering early adopters and community members a unique opportunity to be among the first to hold CBPAY tokens. These tokens aren’t just digital assets; they’re keys to unlocking a world of benefits within the CBPAY ecosystem. Why Participate?Participation in the CBPAY airdrop isn’t merely about distributing tokens; it’s about becoming an integral part of a growing community set to redefine the CoinbarPay ecosystem. Your involvement signals a step towards a future where transactions are seamless, secure, and, most importantly, rewarding. Flat Airdrop CriteriaTo ensure a fair and broad distribution, here there are the outlined clear eligibility criteria for the airdrop: 1. XDB Holding Requirement: Participants must hold a minimum of 150,000 XDB in an XDB CHAIN-ready non-custodial wallet, such as the mobile/web XDB Wallet, by the time of our snapshot. XDB Wallets on centralized exchanges do not qualify for this airdrop. 2. Snapshot Period: An on-chain snapshot will be taken randomly between the 6th and 15th of April 2024. This means member’s XDB holdings need to be in place at the time of the random snapshot to ensure eligibility. Addition Airdrop Bonus CriteriaIn recognition of those members who go above and beyond the eligibility criteria, the following bonus tiers are introduced: – 1,000,000+ XDB Holdings: A substantial bonus awaits users whose wallets contain more than 1,000,000 XDB, with tiers extending up to 5,000,000 XDB. Engagement with CBPAY’s and XDBCHAIN Twitter Profile: Beyond holding XDB tokens, engagement on social media amplifies member’s participation. Follow both X’s profiles and actively engage with CBPAY posts to enhance eligibility. – X Follower Bonus: Following both profiles not only keeps members informed but also entitles to an additional bonus, cementing member’s participation in our growing community. – Retweet Bonus:  Amplify the community voice by retweeting the airdrop announcement on both X profiles. This act of support is rewarded with an additional bonus, enriching the airdrop receipt. – Complete the sign-up form on https://pay.coinbar.io/cbpay/ by 15 April, 2024. Form will be enabled on 8 April, 2024. Those who do not complete the sign-up page are still entitled to receive Flat Airdrop as well as additional bonus in connection with their qualifying XDB holdings How to ParticipateEngaging with the CBPAY airdrop is a straightforward process, designed to be accessible to all community members: 1. Verify Holdings: Before the snapshot period, ensure XDB tokens are securely held in a supported non-custodial wallet (https://xdbchain.com/wallet/). 2. Engage on X: Boost your participation by following @CoinbarOfficial and @xdbchain . Retweet CBPAY airdrop announcement to not only spread the word but also secure bonuses. 3. Stay Informed: After the snapshot, we’ll communicate detailed information about the airdrop distribution. Keep an eye on CoinbarOfficial and XDBCHAIN X’s feeds feed for updates, distribution details, and more. 4. Complete the sign-up form on https://pay.coinbar.io/cbpay/ by 15 April, 2024.Form will be enabled on 8 April, 2024. The Road AheadThe CBPAY airdrop is just the beginning. As participants in this initial offering, members at the heart of a movement set to transform the digital payment landscape. Your engagement today lays the groundwork for a thriving ecosystem where every stakeholder enjoys the benefits of blockchain technology. Ensuring Fairness and TransparencyWe’re committed to fairness and transparency throughout this process. The airdrop is designed to reward early adopters and active community members equitably. Rest assured, all steps, from the snapshot to the distribution of tokens, are conducted with the highest standards of integrity and openness. Join the RevolutionAs we embark

Read More »
XDBees Game Intro

XDBees Game Intro

Introduction In the realm of browser gaming, a brand new contender is emerging, offering a unique blend of strategy, base building, and cutting-edge blockchain technology. This is the XDBees Game here after “the game” set against the backdrop of entertaining bee hive management. This is designed to cater to both casual gamers and crypto enthusiasts alike, leveraging the community of XDB CHAIN as the basis of growth and communities’ echo. Here’s an in-depth look at what makes this overall strategic vision by building a browser game which is not just ‘a game’, but an experience! The Essence of the Game At its core, the game revolves around the very complex management of a bee hive. Players are thrust into the role of a hive keeper, tasked with the growth and prosperity of their domain. The objective is multi-faceted: expand the hive with strategic structures, grow the bee population, acquire rare and epic components and units, optimize honey production, and navigate the challenges of defense, quests, and dynamic events, with a final target to earn sweet honey that is in effect the HONEY token in the blockchain. Game is designed to explore and refine the integration of blockchain technology in browser-based gaming. By weaving NFTs and cryptocurrency tokens, called HONEY, into the fabric of the game’s economy and structure, we are charting new territory in how games can operate at the intersection of entertainment and digital asset management. This prototype is an ongoing experiment, continuously evolving based on player feedback, technological advancements, and the ever-changing landscape of the blockchain world. While the current game focuses on the management of a bee hive, the underlying architecture and blockchain framework are built with scalability and adaptability at its core. This flexibility may open up a realm of possibilities for extending the game’s universe into new themes, narratives, and mechanics. This development is set to create a new vertical in the XDB CHAIN ecosystem, leveraging community interactions with the goal to gear up a further evolution of blockchain in gaming, aiming to enhance player autonomy, increase engagement, and introduce novel economic models that benefit both players, developers and more broadly all community members. A Game for Everyone The game seamlessly integrates a model where players can immerse themselves fully without any financial commitment, using common components and units that are rich in strategic possibilities.  For those who choose to delve deeper, the game also offers an enriched experience through a marketplace that will boast a collection of rare and epic items. These items, while enhancing the gaming experience, are not prerequisites for enjoying the game or achieving success within its virtual world. This balanced approach ensures that every player has the chance to scale their hive, explore the game’s depths, and potentially transition into the more enhanced aspects at their own pace and discretion. It’s about creating an equitable playground where strategy, skill, and community engagement are the true keys to success. Blockchain Integration: Bridging Virtual Achievements with Real-World Assets In XDBees game, the fusion of traditional gaming with cutting-edge blockchain technology of XDB CHAIN is not just an enhancement — it’s a revolution in how players interact with and benefit from their virtual endeavors. At the forefront of this integration is the transformation of in-game assets and currencies into tangible blockchain assets, providing a seamless blend of gaming and investment. In Game Wallets To enhance the gaming experience and accommodate diverse player preferences, XDBees game offers a flexible wallet system, allowing players to choose between using their own non-custodial wallet or opting for the convenience of a custodial wallet managed by the game. · Non-Custodial Wallet Integration For players who prioritize autonomy and control over their digital assets, the game will supports integration with non-custodial wallets. This option empowers players to directly manage their transactions, NFTs, and HONEY tokens, ensuring that they have full ownership and oversight of their blockchain assets. It’s an ideal choice for those well-versed in blockchain technology and who prefer to keep their gaming assets within their personal wallet ecosystem. · Custodial Wallet Convenience Understanding that not all players may be familiar with blockchain technology or prefer not to deal with the intricacies of managing a wallet, the game also

Read More »

CoinbarPay (CBPay) core token features of the BCO minted on XDB CHAIN

CoinbarPay, at the forefront of Web3 payment solutions, announced on January 17, 2024, the forthcoming introduction of an innovative ecosystem cryptoasset on the XDB CHAIN. This marks a pivotal advancement in blockchain-enabled retail and payment technologies. The newly unveiled cryptoasset, crafted as a utility token, introduces a novel onboarding and loyalty system aimed at benefiting both consumers and merchants alike. This move is set to catalyze the adoption of crypto within the CoinbarPay ecosystem, reinforcing its position as a leader in the digital crypto space. Highlighted below are the key features of the CoinbarPay token (CBPay), a significant addition to the suite of Branded Cryptocurrencies (BCO) on the XDB CHAIN, poised to strengthen  and expand the capabilities of this burgeoning crypto ecosystem. CoinbarPay (CBPAY) Overview: Leveraging adoption  of mainstream crypto payments  Building on the success of the CoinbarPay product, which already boasts a reach of thousands of merchants, the CoinbarPay token (CBPAY) introduces an ecosystem poised to redefine engagement within the crypto space. By integrating a sophisticated utility system with the proven CoinbarPay platform, CBPAY aims to enhance the transactional experience for merchants, consumers, and promoters, fostering a community of growth and shared benefits. How Does the CBPay Reward System will work?Joining the CoinBarPay ecosystem during the early stages offers a great opportunity: receiving an airdrop of CBPay tokens that confers an early-bird status. This prestigious level rewards both merchants and consumers for each cryptocurrency payments made within the CoinBarPay network. Holding more CBPay tokens elevates stakeholders’ status and amplifies their rewards. Additional rewards will be provided in case CBPAY is used as a medium of exchange. Accumulating and staking CBPAY tokens further elevates stakeholders’ status and unlocking exclusive bonuses for introducing new paying customers or adding new merchants to the platform. Step into an engaging and rewarding economy designed to celebrate an active ecosystem of participants who leverages the adoption of cryptocurrencies and cryptoassets in general. Transparent ModelThis reward system is structured with transparency at its core. A set percentage of the total CBPay supply is dedicated to rewarding users, which means resilience and sustainability by design of the reward pool. Deflationary MechanismCBPAY employs a token burn approach to mitigate potential inflation arising from the generation of rewards. This strategy now features an enhanced mechanism for executing additional token burns, which are directly tied to the volume of transactions originating from referral activities, as well as to significant milestones related to ecosystem expansion. A designated portion of CBPay tokens will be systematically destroyed in relation to the volume of transactions, staking actions, and referral activities closely linked to the growth of the CBPay product. This ensures a balanced and sustainable economic model within the CBPAY ecosystem. Key Benefits for EveryoneFor Consumers:– Utilities on Purchases: Each CBPAY transaction grants buyers with dedicated utilities, building a network of users and adopters.– Referral Program: Consumers amplify their benefits by referring new users, promoting an active and expanding CBPAY community according to the referral program terms and conditions.– Enhanced Engagement: Increased incentives for CBPAY “ambassador”.– Privilege and access: Consumers will benefit from holding and using CBPay tokens with exclusive products and promotions with partners merchants. For Merchants:– Reduced Transaction Fees: CBPAY transactions offer significantly lower fees than traditional payment methods, enhancing merchant profitability.– Transaction Rewards: Merchants earn higher rewards in a B2B mode from accepting CBPAY, incentivizing its adoption.– Merchant Referral Program: Merchant rewards for referrals scale with CBPAY holdings and the transaction volume of referrals, fostering a network of mutual growth. For Business Promoters and developers:– Direct Incentives: Rewards tied to the success of onboarded merchants and the development of a robust referral network motivate promoters. For the Entire Ecosystem:– Stimulated Growth: A strategic reward system ensures direct incentives for contributors to CBPAY’s outreach and adoption.– Community Prosperity: The ecosystem’s design accelerates growth, stimulates usage, and enhances the prosperity of the CBPAY community.– Staking Rewards: Holding CBPAY tokens enables rewards, with additional incentives and utilities for successful referrals by any stakeholder, supporting network growth according to the referral program terms and conditions. ConclusionCBPAY transcends the conventional digital currency model by creating an ecosystem that rewards every interaction. It capitalizes on the foundation of the existing CoinbarPay

Read More »

XDB CHAIN introduces its new real-time API, enabling XDBees to autonomously track the network’s growth

The XDB CHAIN ecosystem is celebrating a remarkable milestone, having surpassed 64,000 active wallets within XDB CHAIN, each holding a balance greater than 20 XDB. This achievement underscores the growing adoption and engagement within this growing ecosystem. A significant contributor to this surge in active participation has been the XDBee Game $HONEY airdrop, which alone was responsible for the creation of more than 10,000 trustlines in the network. This marks a pivotal moment for the project, especially as it gears up for the much-anticipated launch of its first branded coins. In this context, we delve into the broader significance of the API endpoint provided by the XDB CHAIN, `https://explorer-api.livenet.xdbchain.com/api/stats`, and its integral role in the network’s transparency and growth trajectory. The API serves as a critical tool for accessing real-time statistical data about the XDB CHAIN, reflecting activities such as the number of active wallets, transaction volumes, and other vital metrics that illustrate the network’s health and scalability overtime. APIs (Application Programming Interfaces) are foundational to the technological infrastructure of blockchain ecosystems, facilitating seamless data exchange and communication between disparate systems or applications. For blockchain projects like the XDB CHAIN, these API endpoints are not just technical resources; they embody the project’s commitment to transparency and openness. Providing access to real-time network statistics via an API allows users, developers, and stakeholders to independently verify the network’s activity, fostering a sense of trust and community engagement. Moreover, the XDB CHAIN is integrating this API into the new version of the XDB Explorer. This integration signifies an enhanced user experience and accessibility, making it easier for the community to access and interpret the network’s data. It highlights the project’s ongoing efforts to improve transparency and user engagement through technological advancements. The significance of such an API in the blockchain space extends beyond mere data access. It serves as a testament to the network’s transparency, enabling community trust and engagement by allowing users to witness the network’s growth and activity firsthand. For developers, it lays the groundwork for innovation, enabling the creation of applications, tools, and services that interact with the blockchain by developers. The API’s data also acts as concrete evidence of the project’s growth and scalability, essential for attracting new users, developers, and participants to the ecosystem. In summary, the milestone of over 64,000 active wallets, bolstered by the success of initiatives like the XDBee Game $HONEY airdrop, highlights the XDB CHAIN’s expanding footprint in the blockchain space. The integration of the API into the new XDB Explorer version further underscores the project’s dedication to transparency and user engagement, setting a solid foundation for the anticipated launch of branded coins and the continued growth of the XDB CHAIN ecosystem. About XDB CHAINWebsite | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | Discord |

Read More »

How to claim the XDBee Game HONEY 2nd Airdrop: A Step-by-Step Guide to enabling Trustline

Eligibility Please note that eligibility for the XDBee Game HONEY airdrop is contingent upon having maintained a minimum balance of over 30 XDB in your XDB wallet as of 19 February 2024 5pm CEST (11am EST). This specific date and time served as the eligibility snapshot, integral to the XDBee Game ecosystem’s policies aimed at ensuring active participation and engagement within the XDBees community. Failure to meet this minimum balance at the specified cutoff could prevent participants from receiving the airdrop. XDB WEB WALLET Step 1: Open your XDB Wallet Start by opening your Web XDB wallet on your laptop. This is your gateway to engaging with the XDB CHAIN ecosystem Step 2: Select your preferred account Navigate to the account you intend to use for receiving the HONEY tokens. If you’re managing multiple accounts within your XDB wallet, it’s important to choose the specific one designated for the airdropped tokens. This step ensures that the HONEY tokens are allocated to the correct account. Step 3: Add HONEY trustline Locate and click the “Add Asset” button, typically represented by a “+” sign. Given that HONEY might not automatically appear as a listed asset within your wallet, you’ll need to proceed by selecting “Add Custom Asset.” This action paves the way for manually incorporating HONEY into your wallet’s assets. Step 4: Complete the Asset Details Form Upon selecting “Add Custom Asset,” a form will be displayed, prompting you to enter the required information for the new asset. Fill in the form with the following details to ensure accurate addition: Asset Code: HONEY Issuer Account: GAZ5BEQZI67UEJAUEFT7IQHU7A4FXWJDULHLMICLHQ5RF3KLWIRMFZQP These steps are designed with the user in mind, ensuring a straightforward process for adding HONEY to your wallet. By following this guide, you position yourself to not miss out on the exciting HONEY airdrop, all the while contributing to the security and integrity of the XDB CHAIN by enabling the trustline — a feature aimed at preventing token spamming and protecting against fraudulent or malicious attacks. MOBILE XDB WALLET Step 1: Open Your Mobile XDB Wallet App Begin by opening your mobile XDB wallet app on your device. Ensure that you have the latest version of the app installed to access all the features seamlessly (v1.3). Step 2: Go to the account you want to add the HONEY Navigate to the account you intend to use for receiving the HONEY tokens. If you’re managing multiple accounts within your XDB wallet, it’s important to choose the specific one designated for the airdropped tokens. This step ensures that the HONEY tokens are allocated to the correct account. Step 3: Tap on receive Once you’re in the selected account, tap on the receive button. Step 4: Select Add Custom Asset — Add HONEY trustline As HONEY may not be a pre-listed asset, you will need to add it manually. To do this, tap on “Add Custom Asset.” Step 5: Fill the Form and Tap Trust Tap on one of the two camera buttons, and scan this QR code It will proceed the following information: Code: HONEY Issuer Account: GAZ5BEQZI67UEJAUEFT7IQHU7A4FXWJDULHLMICLHQ5RF3KLWIRMFZQP After filling in the details accurately, tap on the “Trust” button. This action ensures that you trust the issuer of HONEY and are willing to receive and transact with these tokens. To ensure the trustline remains active on the XDB CHAIN, 10 XDB will be reserved and locked in your account. This measure is necessary for maintaining the functionality of the trustline, supporting the network’s security and efficiency. Congratulations! You’ve successfully enabled the trustline for the XDBee Game HONEY airdrop. By following these simple steps, you ensure that your XDB wallet is ready to receive the upcoming HONEY airdropped tokens. Keep an eye on your wallet for any notifications or updates related to the HONEY airdrop to stay informed about the exciting developments in the XDBee Game. About XDB CHAIN Website | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | Discord |

Read More »

Introducing Massimo Simbula as Chief Legal Officer

XDB CHAIN is thrilled to announce the appointment of Massimo Simbula as Chief Legal Officer (CLO). Tasked with overseeing all compliance facets of the XDB CHAIN ecosystem, including branded coins (BCOs) and strategic growth partnerships, Simbula brings an unmatched depth of expertise and a distinguished 25-year track record in the legal field, specializing in new technologies, blockchain, cryptocurrencies, and FinTech. Massimo Simbula’s illustrious career is marked by his strategic legal counsel to leading global corporations and international organizations, including prestigious names such as Fendi, United Ventures, The Net Value, Chainalysis, Universal Music and mind-blowing gaming companies like EON Rift. His proven international track record and established network with top-tier law firms worldwide are aimed at bolstering the resilience of the XDB CHAIN ecosystem. This strategic setup is set to empower major brands and corporations to confidently embark on their Web3 journey, positioning XDB CHAIN as their preferred layer-1 platform. Simbula’s journey in the legal domain is nothing less than extraordinary. His advisory roles have been instrumental in navigating big corporations through complex legal matters, with a particular emphasis on blockchain and cryptocurrencies. Since 2012, his contributions as an external lawyer for major blockchain initiatives and his leadership in various international projects have solidified his status as a pivotal figure in the crypto legal arena. His expertise is crucial in navigating the intricacies of blockchain projects, ensuring their success and compliance. In the dynamic world of FinTech regulations, Simbula stands as a beacon of guidance. His specialization in assisting companies through regulatory processes under financial authorities, the new EU Market in Crypto Asset Regulation (MICAr), and the EU Payment Service Directive (PSD) is invaluable. Simbula’s acumen ensures that businesses remain in compliance with evolving regulations, promoting a secure and regulated innovation landscape. Beyond his blockchain and FinTech prowess, Simbula’s legal expertise extends to mergers & acquisitions, corporate, commercial, intellectual property (IP), and privacy law. His comprehensive support enables companies to overcome legal hurdles across various sectors, encouraging growth and long-term viability. Massimo Simbula’s impact transcends legal advice; as a prolific author and thought leader, his insights on blockchain and cryptocurrency have enriched the industry. His expertise is regularly sought after in major panels and television shows, where he voices his authoritative perspective on specific industry’s issues. The induction of Massimo Simbula as CLO is a landmark moment for the development of the XDB CHAIN ecosystem. His unparalleled legal expertise, combined with a profound understanding of blockchain and cryptocurrencies, positions him to significantly influence the platform’s trajectory. As XDB CHAIN continues to pioneer innovation in the blockchain space, Simbula’s addition underscores our unwavering commitment to legal integrity, regulatory adherence, and the advancement of the industry at large. About XDB CHAINWebsite | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | Discord |

Read More »

How to claim the XDBee Game HONEY Airdrop: A Step-by-Step Guide to enabling Trustline

In the ever-evolving landscape of blockchain and cryptocurrencies, unique opportunities frequently emerge, captivating the community. One such opportunity is the inaugural airdrop of the XDBee Game HONEY on the XDB CHAIN. This pioneering initiative stands as the first of its kind, designed specifically to reward the XDBees community for their dedication and effort in updating their XDB wallets and activating the latest features. By participating in this airdrop, users have the unique advantage of receiving HONEY tokens directly into their XDB wallets, seamlessly integrating with the innovative strides the community has made towards enhancing user experience and functionality. This gesture is not only a testament to the value placed on community engagement and technological advancement but also a direct contribution to the vibrant ecosystem cultivated by the XDBees community. To fully capitalize on the unique opportunity presented by the XDBee Game HONEY airdrop on the XDB CHAIN, it is essential to activate the trustline for HONEY. This requirement is a tailored feature of the XDB CHAIN and on XDB Wallet, designed specifically to prevent token spamming and shield users from fraudulent activities and malicious attacks orchestrated by bad actors. Through this guide, we will provide a detailed, step-by-step walkthrough to ensure you are well-equipped to engage with this exciting opportunity without any hurdles. Establishing the trustline is a straightforward process, but a crucial step to ensure your participation in the airdrop is secure and successful, reflecting our commitment to fostering a safe and thriving ecosystem for XDBees community members. Here’s a user-friendly guide to help you seamlessly add HONEY to your XDB Wallet: Eligibility Please note that eligibility for the XDBee Game HONEY airdrop is contingent upon having maintained a minimum balance of over 30 XDB in your XDB wallet as of February 5, 2024, at 5 PM CET. This specific date and time served as the eligibility snapshot, integral to the XDBee Game ecosystem’s policies aimed at ensuring active participation and engagement within the XDBees community. Failure to meet this minimum balance at the specified cutoff could prevent participants from receiving the airdrop. XDB WEB WALLET Step 1: Open your XDB Wallet Start by opening your Web XDB wallet on your laptop. This is your gateway to engaging with the XDB CHAIN ecosystem Step 2: Select your preferred account Navigate to the account you intend to use for receiving the HONEY tokens. If you’re managing multiple accounts within your XDB wallet, it’s important to choose the specific one designated for the airdropped tokens. This step ensures that the HONEY tokens are allocated to the correct account. Step 3: Add HONEY trustline Locate and click the “Add Asset” button, typically represented by a “+” sign. Given that HONEY might not automatically appear as a listed asset within your wallet, you’ll need to proceed by selecting “Add Custom Asset.” This action paves the way for manually incorporating HONEY into your wallet’s assets. Step 4: Complete the Asset Details Form Upon selecting “Add Custom Asset,” a form will be displayed, prompting you to enter the required information for the new asset. Fill in the form with the following details to ensure accurate addition: Asset Code: HONEYIssuer Account: GAZ5BEQZI67UEJAUEFT7IQHU7A4FXWJDULHLMICLHQ5RF3KLWIRMFZQP These steps are designed with the user in mind, ensuring a straightforward process for adding HONEY to your wallet. By following this guide, you position yourself to not miss out on the exciting HONEY airdrop, all the while contributing to the security and integrity of the XDB CHAIN by enabling the trustline — a feature aimed at preventing token spamming and protecting against fraudulent or malicious attacks. MOBILE XDB WALLET Step 1: Open Your Mobile XDB Wallet App Begin by opening your mobile XDB wallet app on your device. Ensure that you have the latest version of the app installed to access all the features seamlessly (v1.3). Step 2: Go to the account you want to add the HONEY Navigate to the account you intend to use for receiving the HONEY tokens. If you’re managing multiple accounts within your XDB wallet, it’s important to choose the specific one designated for the airdropped tokens. This step ensures that the HONEY tokens are allocated to the correct account. Step 3: Tap on receive

Read More »

The XDBee Game

Dear XDBee community, We’re thrilled to share an exciting sneak peek of ‘The XDBee Game,’ a groundbreaking on-chain adventure that seamlessly blends strategic hive management with the power of XDB CHAIN technology. Here’s a glimpse of what awaits you: Unique Gameplay: Step into a creatively styled world where your strategic hive management skills are just the beginning. Embrace yourself in an immersive gaming experience, as distinct as each bee in your hive. Full Blockchain Integration: Embrace the future of gaming with seamless integration into the XDB CHAIN ecosystem. Game Coins are more than just in-game currency; they are a genuine cryptocurrency, exchangeable for XDB tokens! Furthermore, delve into a distinctive NFT upgrade feature where your decisions directly affect the value of your hive economy Community Building: Join a vibrant community of fellow beekeepers, engage in real-time chats, and stay connected through social media. In ‘The XDBee Game,’ every player is an integral part of the XDBees buzzing community. Sustainability Initiatives: Embrace a game that gives back! We are introducing the ‘Hex Project,’ allowing you to convert Game Coins into contributions for real-world hive conservation. With ‘The XDBee Game,’ gaming is synonymous with making a positive impact, a feature proudly embedded within the game itself. Future Development Plans: ‘The XDBee Game’ is not just a game; it’s a growing ecosystem. With regular updates, the introduction of new features, and expansions driven by your invaluable feedback, the possibilities are limitless. Your voice shapes the future of our hive world. Moreover, ‘The XDBee Game’ represents a significant stride toward realizing our vision of expanding XDB CHAIN to empower the brands and consumers of tomorrow. We have heard the requests from prospective brands for gaming compatibility within our ecosystem. We’re excited to announce that we will be launching an ‘XDBee Game’ community-driven related initiative next week. This will further strengthen our bond with XDBees community members. Stay tuned for more details as we prepare to unveil this exciting addition to our hive! Prepare for an exhilarating gaming adventure that not only entertains but also contributes to the growth of our ecosystem. The future is bright, and together, we’ll create a hive teeming with boundless opportunities! About XDB CHAIN Website | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | Discord |

Read More »

CoinbarPay introduces a brand new ecosystem cryptocurrency on XDB CHAIN to expand the adoption of crypto payments globally

CoinbarPay unveils revolutionary ecosystem cryptocurrency on XDB CHAIN with Exclusive Community Airdrop — Pioneering Web3 Retail Adoption CoinbarPay, a leader in the web3 payments, is set to announce the upcoming launch of a brand-new ecosystem cryptocurrency on XDB CHAIN, marking a significant leap in blockchain-based retail technologies. The newly launched cryptocurrency, designed as a utility token, with a new rewarding system for both users and merchants, will boost crypto payment adoption across the CoinbarPay ecosystem. Celebrating this milestone, CoinbarPay is conducting an exclusive airdrop to XDB CHAIN and CoinbarPay community members. This airdrop, featuring the new cryptocurrency, will be directly credited to XDB Wallets — the first non-custodial wallet built on XDB CHAIN. This inaugural airdrop signals both a thank you to the community for their steadfast support and a commitment to nurturing the ecosystem’s growth. CoinbarPay’s recent collaboration with Binance, integrating BinancePay into its platform, represents a critical advancement in the crypto payments domain. This strategic partnership propels CoinbarPay’s merchants to an extensive user base of over 168 million Binance Exchange users, greatly enhancing the accessibility and utility of digital transactions. As part of this initiative, CoinbarPay will introduce the first Anchor gateway on XDB CHAIN with the goal to enhance multi-chain liquidity on the platform. This pivotal development will facilitate seamless on-off ramp capabilities for a diverse range of assets, both crypto and fiat. Central to this advancement is the integration of Binance Coin (BNB) into CoinbarPay’s already extensive portfolio of multiple major cryptocurrencies and blockchains, which includes BTC, ETH, USDT, XRP, and XDB. This strategic move significantly boosts the platform’s utility and reach, underpinning CoinbarPay’s commitment to adding multichain utility to its payment ecosystem. Anticipating the launch in Spring 2024, in the build-up to this event, a series of joint sessions with the XDB CHAIN team are scheduled. These sessions are designed to offer the community a comprehensive insight into this pioneering initiative, marking a pivotal milestone in the concurrent growth of both the XDB CHAIN and CoinbarPay ecosystems. About XDB CHAIN Website | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | Discord |

Read More »

XDBStake program

Dear XDB Wallet Users,we are excited to announce the launch of the “XDBStake” program to celebrate the launch of XDB CHAIN, XDB Wallet and XDBees members! “XDBStake” is set to commence on January 1st, 2024, and will continue for a period of 60 days.“XDBStake” is designed to drive the adoption and usage of XDB CHAIN technology, offering incentives to users to join the network (on-chain and to join the innovative non-custodial mobile XDB Wallet. This opportunity is open to all existing and new users of the XDB Wallet. Participants in “XDBStake” will need to keep their XDB coins in the XDB Wallet starting from January 1st, 2024. They will be rewarded with an annual percentage yield (APY) of 30%, which equates to a 5% reward over the two-month duration of the program. Eligible users will receive their rewards in XDB coins for each participating XDB Wallet account within 30 days of the program’s conclusion. The reward will be calculated based on the duration of funds held in the XDB Wallet. To earn the full 30% APY (5% net reward), users must keep their funds in the XDB Wallet for the full 60 days. For those who hold their funds for a shorter period, between January 1st and March 1st, 2024, a prorated reward will be given, corresponding to their custody period. The “XDBStake” program is designed for XDB Wallet mobile users storing a maximum of 5,000,000 XDB coins per account.For users with holdings exceeding this limit, rewards will be calculated based on this cap. *Exchange wallets are not eligible for this program. By the program’s cutoff date, March 1st, 2024, participants must update their XDB Wallet app to the latest version and enable push notifications to qualify for the rewards.Excitingly, we are also in the process of introducing new features that will allow users to self-check the amount they have staked. This enhancement will provide greater transparency and control for our users, ensuring a more user-friendly and efficient staking experience. The XDB Wallet is a non-custodial solution, fully integrated with XDB CHAIN. This allows for the secure custody of XDB coins and other digital assets, including NFTs minted on XDB CHAIN.As a non-custodial wallet, users are solely responsible for the safekeeping of their funds and private keys. The 30% APY is calculated based on the actual time and amount of XDB coins held in each XDB Wallet account, up to a maximum limit of 5,000,000 XDB. DISCLAIMER The XDB Wallet is a non-custodial platform that prioritizes user privacy and does not process any personal data. Users are the sole guardians of their sensitive information like passwords and private keys. Users are advised to manage their security details diligently, as there is no way to recover lost credentials. Users bear full responsibility for their fund’s custody and should be well-informed about digital asset storage and security protocols. This approach aligns with our commitment to advancing privacy and security in the decentralized web or “web3”. To participate in “XDBStake”, download the latest version of the XDB Wallet from the Apple Store or Google Play, and store your XDB coins in it throughout the program’s duration. About XDB CHAINWebsite | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | Discord |

Read More »

XDB CHAIN Mainnet is Live: A New Era in Blockchain

Technology Introduction XDB CHAIN, our revolutionary blockchain, is now fully operational on its mainnet. This launch marks a pivotal evolution from its origins. While it began as a direct fork of the Stellar Blockchain, XDB CHAIN has undergone a transformative journey. It has evolved into a completely independent and new blockchain, distinguished by a significant advancement: it now enables seamless support for all Stellar-based blockchains. This groundbreaking feature allows users of any Stellar-based blockchain to effortlessly import their accounts into XDB CHAIN, thereby uniting diverse blockchain communities under a single, robust, and versatile network Significant Developments XDB FOUNDATION Fully Committed to Developing and Enhancing XDB CHAIN: Complete Overhaul: XDB CHAIN is no longer just an offshoot of Stellar but a wholly independent blockchain with its independent native coin, custom assets and dedicated infrastructure End of an Era: The Digitalbits Network, including its version 18, will ceased to be supported by XDB Foundation by End of February 2024 , marking the beginning of a new chapter only with XDB CHAIN. Adoption of XDB CHAIN by Exchanges Seamless Integration: Participating exchanges have fully embraced XDB CHAIN, supporting the native XDB coin. This transition includes the completion of the airdrop process and the termination of support for the old Digitalbits XDB token and network. Key Announcements XDB Wallet: The Exclusive Non-Custodial Wallet of XDB CHAIN – Sole Wallet Support: XDB Wallet is now the only non-custodial wallet designed specifically for the XDB CHAIN. Discontinuation of AstraX: AstraX is NOT compatible with the XDB CHAIN and will be removed from stores within the next 90 days.2. Ongoing Support for AstraX Limited Operation: AstraX will continue to operate with minimal updates, focusing solely on essential transition support, until its eventual removal. Essential Actions for Token Holders Checking XDB CHAIN Network Balance Accessing Public Keys: Retrieve your public key from AstraX for each account. Balance Verification: Go to explorer.xdbchain.com, enter your public key, and confirm that your XDB balances are consistent. Repeat for each AstraX account. Accessing Your XDB CHAIN Accounts XDB Wallet Installation: Download the XDB Wallet from the App Store or Google Play. Key Import Process: Guidelines for Exchange Users No Immediate Action Required: If your XDB Digitalbits tokens are held on exchanges, you do not need to take any specific action, subject to the airdrop terms and conditions. Completing the Transition: Completing these steps will ensure access to your accounts on the newly established XDB CHAIN. It is crucial to shift away from the old AstraX and Digitalbits XDB tokens. A 90-day grace period is provided to facilitate a smooth transition to the exclusive, non-custodial XDB Wallet. Disclaimer: This announcement is intended solely for informational purposes and should not be construed as legal or financial advice. Please seek professional guidance for specific concerns. For detailed XDB CHAIN Airdrop’s terms and additional information, visit: XDB CHAIN Terms of Use About XDB CHAINWebsite | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | Discord |

Read More »

Official Whitepaper

The information contained in this Document is confidential, privileged and cannot be shared. It must not be used, published or distributed without the prior written consent by XDB Foundation.This document constitutes property of XDB Foundation “Empowering brands and the consumers of tomorrow” This is the official document summarizing the key terms of the creation of XDB CHAIN. XDB CHAIN stands for the technology “empowering brands and the consumers of tomorrow”.This document constitutes intellectual property of XDB Foundation and it isintended to be distributed as an official document referenced by XDB CHAIN official social media channels. This document has been written and produced in its original version. Legal Disclaimer Introduction This legal disclaimer is integral to the XDB CHAIN Whitepaper (“Whitepaper”). It outlines the terms governing the relationship between users (“Users”), including potential investors or participants, and the XDB Foundation, its affiliates, team members, and associated entities (“Foundation” or “Company”). Accessing, reading, or using the Whitepaper implies acceptance of these terms. If not in agreement, Users should refrain from further engagement with the Whitepaper. No Offer or Solicitation The Whitepaper serves solely for information and is not an offer or solicitation to sell, buy, or invest in tokens, securities, or financial instruments. It is not a prospectus or financial service document and should not be the basis for any contractual or investment decisions. XDB tokens are utility tokens for accessing XDB CHAIN-based products and are neither securities nor financial instruments as defined in the US Securities Act (1933) or EU Directive 2014/65. They do not confer rights typically associated with securities, such as profit distribution or voting rights. While tradable, they are not designed for speculative profit-making.This Whitepaper is not a comprehensive guide to XDB tokens and should not be the sole source for investment decisions. No Investment Advice The Whitepaper does not offer investment advice. Users should independently research, consult professionals, and make informed decisions regarding any investment or participation in the XDB CHAIN project. Risks and Uncertainties Participation in XDB CHAIN is subject to risks, including but not limited to:– Regulatory Risks: Legal changes impacting cryptocurrencies could adversely affect the project and its users.– Market Risks: Token and cryptocurrency values are volatile and subject tomarket dynamics.– Technology Risks: The reliance on blockchain and emerging technologies could pose risks of technical failures.– Project Development Risks: Unforeseen circumstances could hinder theproject’s progression.– Liquidity Risks: Limited liquidity could affect the trading of XDB Tokens.– Third-Party Risks: Dependence on external platforms or technologies might lead to operational disruptions. No Liability The Foundation disclaims liability for any direct or indirect losses incurred in connection with the Whitepaper or related investment decisions. It makes no guarantees regarding the outcomes of actions based on the Whitepaper. No Warranties The Whitepaper and XDB CHAIN are provided “as is” without any warranties, including merchantability or fitness for a particular purpose. Severability Should any disclaimer provision be deemed invalid or unenforceable, it will be modified to retain validity, without affecting the remainder of the disclaimer. No Waiver The Foundation’s failure to enforce any rights or provisions here does notconstitute a waiver of such rights or provisions. Amendments The Foundation may amend this disclaimer without notice. Users are responsible for staying informed of changes, with continued use of the Whitepaper implying acceptance of these amendments. Users bear sole responsibility for understanding and assuming the risksassociated with their involvement in the XDB CHAIN Project. 1. Introduction The XDB CHAIN project embarks on its journey with a robust foundation, characterized by a dynamic established ecosystem and an engaged community, demonstrating proven utility and potential for expansive growth. This is driven by the core principle “Execute First, Announce Next: Our Commitment to Integrity”.This whitepaper outlines the key performance indicators (KPIs) that serve as a testament to the project’s initial success and its promising future. Here’s a breakdown of the most relevant jump-start achieved KPIs: Reversed Tokenomics Burned 1+ Billion XDB Here’s a comprehensive explanation:1. Active Wallet Addresses: The XDB Chain has successfully garnered over 50,000 active wallet addresses. This milestone reflects not only the growing interest in the project but also the active participation of users within the ecosystem. The number of wallet addresses is a

Read More »

XDB Wallet is now live!

We are thrilled to announce the launch of the first official non-custodial XDB Wallet, now available on the Apple App Store! Android users, stay tuned! — the Google Android version will be released in the coming days. Download XDB Wallet on Apple App StoreThe XDB Wallet has been engineered specifically for the needs of XDB CHAIN and it contains specific features to maximize its full potential in terms of speed, efficiency and transparency in an elegant and fresh XDB CHAIN style. Legal Disclosure and Technology Statement: Launch of XDB WalletThe introduction of the XDB Wallet marks a significant milestone in blockchain technology, born out of an extensive technological endeavor. This initiative has led to the creation of a brand new blockchain, designed with advanced scalability and efficiency, particularly in its Layer 2 architecture. Key Technological Features:Efficient Scalability: The new XDB CHAIN is engineered to scale effectively, addressing common challenges associated with blockchain scalability and consumer adoption. Layer 2 Architecture: Leveraging Layer 2 solutions, the XDB CHAIN enhances transaction speeds and reduces costs, while maintaining robust security. Support for Smart Contracts: XDB CHAIN is equipped to support complex smart contracts, now on FUTURENET, expanding its utility and potential applications across various industries. Purpose of the XDB Wallet:Facilitating Access: The XDB Wallet serves as a gateway for users to interact seamlessly with the advanced features of XDB CHAIN. Enhancing User Experience: By focusing on user-friendliness and security, the XDB Wallet aims to make the benefits of blockchain technology more accessible to a broader audience. The launch of the XDB Wallet, coupled with the rollout of XDB CHAIN v19, signifies our commitment to pushing the boundaries of what is possible in the blockchain space, ensuring scalability, efficiency, and enhanced functionality for our users. Seamless Account Import on XDB CHAIN:XDB CHAIN, a fork of the Stellar blockchain, introduces a unique feature that greatly simplifies the transition for users from other Stellar-like networks, like Digitalbits. This feature revolves around the ease of importing accounts using private keys (aka secret keys on AstraX). How It Works:1. Universal Account Import: If you have an account (let’s call it Account X) on any Stellar-like network like Digitalbits, you can import this account into XDB CHAIN. This is done simply by using your existing private keys. 2. Cross-Network Accessibility: Once imported, you can access your account from XDB CHAIN. This feature ensures that users who are part of different networks within the Stellar ecosystem can easily transition to XDB CHAIN without the need for complex procedures. Specific Case: Transition from Digitalbits Network to XDB CHAINFor Old Digitalbits Network Users If you previously held an account on the Digitalbits Network, you can import your account on XDB Wallet using your private keys. Accessing Your AstraX account:Post-import, you can access your old accounts on XDB Wallet, using XDB Wallet. This means that if you had an old Digitalbits account, you will be able to access it on XDB Wallet. The Process:1. Secure Your Private Keys — Ensure you have your private keys from your previous account on the Digitalbits Network by accessing AstraX. 2. Import into XDB Wallet— Use these private keys to import your account into XDB CHAIN. 3. Verify Your Balance — Once imported, check your balance to confirm that your assets, are reflected correctly in your new XDB Wallet account. Important Note:Security Reminder: Always ensure the security of your private keys during this process. Never share your private keys with anyone. Continuity of Access: This feature of XDB CHAIN is designed to ensure that users from various networks within the Stellar ecosystem can seamlessly transition and continue accessing their assets with ease. Ownership and Control in Blockchain: The Importance of Private KeysIn the world of blockchain and cryptocurrencies, a fundamental principle holds true: *Not your keys, not your coins*. Ownership and control over digital assets are intrinsically tied to the access and possession of private keys. Private Keys Equal Ownership: If you do not have access to the private keys of a wallet, you are not the true owner of the assets within that wallet. Exclusive Control: The private key is what enables individuals to execute transactions and exert control over

Read More »

XDB CHAIN Mainnet Launch Guidelines

Dear XDB CHAIN Community Members, We are excited to announce the commencement of the launch of XDB CHAIN V19 Mainnet set to begin today. This launch represents a pivotal moment in XDB CHAIN blockchain’s development, bringing enhanced features and benefits to our valued community. 1. Network Upgrade ScheduleThe upgrade process on XDB CHAIN begins shortly today and will extend to participating exchanges starting tomorrow. We anticipate the completion of this activity within 48–72 hours. Our team has worked diligently to ensure a smooth and efficient upgrade process. 2. Hassle-Free for XDB Token HoldersWe have designed this upgrade to be seamless for XDB token holders. There is no requirement for any action on the holder’s part during the maintenance window, whether you hold your tokens on AstraX or any of the participating exchanges. Holder’s balances will remain intact and secure throughout this process. 3. Airdrop of XDB CHAIN Native CoinsXDB token holders will receive XDB CHAIN native coins airdrop on a 1:1 basis for the tokens they currently hold on the Digitalbits network. Following the completion of this activity, a burn of 1,000,000,000 XDB CHAIN native coins (XDB) will be performed and shared with XDB CHAIN Community, reducing XDB token supply accordingly 4. Easy Balance Check on New XDB CHAIN ExplorerUpon completion of the launch of XDB CHAIN, XDB holders will be able to immediately verify their balances on the XDB CHAIN network through the new explorer. Rest assured, both public and private keys will remain unchanged, ensuring a seamless transition to the new network. 5. Focused Support for XDB CHAIN NetworkMoving forward, the XDB Foundation’s support will be exclusively for the XDB CHAIN Network, token holders on this network, and the stakeholders actively participating in the XDB CHAIN Governance. This focused approach will enable this project to deliver more targeted and effective support, furthering the growth and success of the XDB CHAIN. 6. Transitioning from Digitalbits NetworkAs this project and its community advance with the XDB CHAIN, the XDB Foundation will gradually phase out support for the Digitalbits network and its infrastructure over the next 90 days. 7. AstraX Users: Action Required Post-UpgradeOnce the maintenance is completed and following the release of the new XDB CHAIN non-custodial XDB Wallet, all non-custodial holders (such as AstraX users) will need to export their private keys and re-import them into the new XDB Wallet. This export must be completed within 90 days as per above, it is not required for those who have already exported their private keys. This step is crucial for managing holder’s XDB CHAIN coins on the new non-custodial wallet. Please note, AstraX is not compatible with the XDB CHAIN Network and cannot be used for this purpose. Your old XDB Digitalbits coins will remain on Digitalbits holder’s wallet, under holder’s custody, until the network ceases to function. 8. Participating exchanges and XDB token metric’s trackingUpon the successful completion of the maintenance activities, participating exchanges will exclusively handle the deposits and withdrawals of the new XDB CHAIN native coins on the XDB CHAIN Network. They will cease support for the old XDB coins on the Digitalbits network, and they will no longer monitor or manage any activities related to them. Similarly, token tracking websites (CoinMarketCap, Coingecko) will now exclusively reference the XDB CHAIN native coin, XDB, along with its updated supply details and tokenomics from now onwards. Stay ConnectedWe encourage you to stay tuned to our official channels for continuous updates throughout the upgrade process. We are here to support and guide you through this exciting transition. Thank You for Your Continued SupportYour trust and commitment to the XDB CHAIN project are invaluable. We look forward to embarking on this new chapter together, further enhancing the XDB CHAIN and its community. About XDB CHAINWebsite | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | Discord |

Read More »

Harnessing Digital Scarcity: The Benefits of Burning Tokens in Cryptocurrency Projects

Article is updated upon the release of XDB CHAIN v19 BURN of 1,000,000,000 XDB CHAIN native coins IntroductionIn the ever-evolving world of cryptocurrencies, innovation is the key to success. One such innovation that has been gaining traction in recent times is the concept of burning tokens to introduce digital scarcity. Following the introduction of the unique value proposition of Branded Coins (BCO) which brings its unique buyback and burn mechanism (BBB), XDB Chain aims to improve the real-world utility and the supply-demand value proposition of the XDB coin by leveraging its powerful blockchain platform. This will be progressive rolled out as of the upcoming launch of the XDB Chain Mainnet (v19). The introduction of Branded Coins Offering (BCO) will enable businesses and entities to create their own branded cryptocurrencies on the XDB Chain while supporting the overall ecosystem through an allocation of each new Branded Cryptocurrency supply for regular buyback and burning of XDB coins of up to 2,5% of the entire BCO supply. This mechanism will foster scarcity and provide incentives for all stakeholders such as market participants and token community by strengthening the economic viability and attractiveness of the XDB Chain network as the layer-of-choice. This strategic approach can have profound implications for the supply dynamics and overall value proposition of a cryptocurrency project. In this article, we will explore the benefits of burning tokens in a cryptocurrency supply and how it can be a game-changer in creating digital scarcity. Enhanced Digital ScarcityAt the heart of token burning lies the idea of enhancing digital scarcity. Cryptocurrencies that implement this practice create a sense of rarity and exclusivity around their tokens. Submitting a transaction with zero weights and thresholds invalidates keys, including the master key, thereby preventing any further transactions and token creation. This feature is primarily geared towards developers and can significantly impact the overall supply of the cryptocurrency.Developers can find detailed information on how to utilize this feature in the official XDB Chain documentation, available as of the launch of XDB Chain v19. Reducing Supply and Increasing ValueBurn addresses play a pivotal role in reducing the supply of a cryptocurrency. These addresses can be verified by API users, ensuring transparency in the burning process. Every unit of the cryptocurrency sent to these burn addresses is permanently removed from circulation. This deliberate reduction in supply can have a profound effect on the token’s value. With fewer tokens available, the ones in circulation become more valuable, potentially leading to an increase in price. How Assets are being created on NetworkIn order to distribute a custom asset or token on the XDB Chain network, three unique accounts will be used. First, is the source account. The source account is the account of the entity looking to create a new token. Second is the issuing account. The issuing account is created by the source account as a mechanism to create new tokens. The third account is the distribution account. The goal of a distribution account is to act as the mechanism for distributing tokens to the public. Most of the XDB Chain documentation is centered on financial institutions as anchors. An anchor is an entity that acts as a bridge between existing currencies and the XDB Chain Network, and involves setting up systems like a compliance server and a bridge server. It is not necessary to become an anchor in order to create custom assets and tokens on the XDB Chain Network. The following presents a breakdown of the transactions required to create a custom token. The transactions can be translated to API requests or can be executed using XDB Developer Portal. How the “BURN” address is created (Technical Instructions):Here below, Developers can find the Technical instruction to create a “locked address” which can be used to “burn” tokens, meaning that once transferred will no longer be usable into any future transaction and will be locked forever. Account:Issuing account Operations:Set Option — Thresholds & Weights: remove all weights and thresholds master weight: 0 low threshold: 0 medium threshold: 0 high threshold: 0 Signers: issuing account Transaction A is created and submitted to the network by the issuing account. By setting the weights and thresholds all

Read More »

XDB Chain protocol (v19) Key Highlights

“Empowering faster payments with the potential for 1.19 millions transactions per second” Amid the hyper-growth world of blockchain technology, the launch of XDB Chain protocol (v19) marks a key milestone toward bringing the power of web3 to brands and consumers. This release embodies a purpose-driven approach by introducing substantial improvements to the XDB Chain Core, laying the groundwork for the development of Layer 2 solutions that enhance user experience (UX) and enable the tech framework for the mind-blowing payment processing speed of up 1.19 million per second. XDB Chain protocol (v19) is all about enhancing your experience by making payment channels accessible to any use case. These channels are like a high-speed express lane for Brands and Consumers frequent transactions, allowing users to carry out most of the activities away from the blockchain, while keeping track of users’ starting balances and ultimate settlements securely recorded on the blockchain. In the world of payment channels, things work a bit like a well-orchestrated dance. When users and another party kick off a channel, it all begins with an on-chain transaction that gives both control over the accounts. After that, transactions flow between parties, like passing notes in class, and they get checked and approved off-chain to ensure the highest throughput. When one of the parties decides it’s time to wrap things up and settle, it simply announces its intent to close the channel. This action opens a brief window for the other party to voice any concerns. Think of it as having an opportunity to discuss things if there’s a disagreement or if someone’s acting in haste or unfairly. If everything’s smooth sailing, the settlement transaction is sent to the network, marking the final movement of funds on the blockchain. This Layer-2 approach theoretically opens the door to achieving up to 1.19 payments per second with buffering. However, we emphasize the importance of caution in guaranteeing this level of processing in every transaction, and we maintain a conservative stance in this regard by not enabling it yet in the first stage of protocol v19 launch. To this end, we’ve initiated preliminary collaborations with potential enterprise partners to unlock the full potential of processing 1.19 million payments per second. We are currently engaged in rigorous testing of this technology stack and are delving into real-world use cases that extend beyond traditional legacy technologies. While XDB Chain’s easy-to-use multi-signature features have made it simple for people to manage shared accounts, v19 steps in to simplify the complexities involved in the rest of this process. Before this protocol, a transaction would only be considered valid if the source account’s sequence number was precisely one more than the sequence number used in the previous transaction. This constraint prevented the seamless progression of sequence numbers in off-chain channels. What’s more, introducing time delays into transactions was simply not possible, leaving no room for addressing objections or voiding a settlement transaction. Additionally, authorizing transactions by combining signatures required a cumbersome multi-step process, causing delays and operational friction. XDB Chain protocol (v19) resolves these challenges by introducing new preconditions and an innovative type of signer. One of the two first additional improvements introduces a user-friendly set of transaction conditions, allowing you to add special requirements to ensure the safety of your transactions. Imagine these conditions as time limits, ensuring that your transactions are only valid within specific timeframes. With XDB Chain protocol (v19), you can craft transactions that don’t follow a strict sequence, set boundaries for your ledger, introduce delays for added security (we call them “relative timelocks”), and require additional signers, such as hash locks. The real-world value of these conditions shines through in cases like Kaladin, a project making blockchain connections as easy as swapping assets without relying on middlemen. These functionalities will be fully leveraged at a later stage and will be introduced in more details in the coming days. Their innovative solution, built on state channels, an advanced version of payment channels, makes the most of XDB Chain protocol v19’s conditions to add a delay between starting and completing channel closures and to create secure hash time lock agreements that keep asset swaps in perfect sync. The second

Read More »

PROJECT DISCLOSURE

With today’s announcement of XDB CHAIN v20 Futurenet and the upcoming XDB CHAIN v19 Mainnet deployment, the XDB Foundation is providing comprehensive community disclosure regarding the transition that has led to the enhancement of the former Digitalbits blockchain vision and the previous governance structure. This transition aims to facilitate the continued growth of the project within the XDB CHAIN ecosystem under renewed governance. As XDB CHAIN embarks on a new trajectory of growth, in collaboration with announced partners who will develop products and applications on it and bring their multi-million user communities, all ecosystem members should expect the highest level of openness, disclosure, and transparency. This document marks the initial step of a new journey, as part of our broader commitment. The primary objective of this disclosure is to address all relevant aspects concerning the tokenomics of the former Digitalbits Blockchain project, which has required some fundamental changes now integrated and openly shared with the XDB CHAIN community. It is vital to acknowledge that this project, in its former vision, encountered various execution challenges. However, the current primary goal is to advance it and continue growing by enabling Technology mass adoption and instilling confidence in partners building on this ecosystem and trusting its remarkable community. Together, we aspire to create a more vibrant and prosperous future with no excuses whatsoever. Over the past few months, the former organizations Fusechain I XDB and Zytara, along with their founder, Al Burgio, have progressively withdrawn support for the Digitalbits Project, as well as any communication and disclosure to the community. Recently, the Digitalbits Foundation, now rebranded as the XDB Foundation, has been diligently working, as evidenced on xdbatlas.com, to redefine an enhanced multi-organizational governance structure to ensure trusted decentralization and a broader network integrity that will continue to support the ecosystem and its community. Every blockchain project requires its governance to be clearly and transparently communicated, and this is foundational as XDB CHAIN moves forward. As a result of this governance change, it is imperative to provide the community with the utmost level of transparency and disclosure regarding the former Digitalbits XDB coin supply. The previous concept and disclosure about the Digitalbits XDB coin’s circulating supply were entirely managed off-chain because no smart contract functionality was ever implemented on the Digitalbits protocol up to this point. Today’s announcement by the XDB Foundation to accelerate support for smart contracts on XDB CHAIN was primarily driven by the need for transparency, with the further goal of providing assurance about the figures reported by the Governance structure as a whole. Transparency without governance is pointless. The value creation of L1 Blockchain Technology derives from its trustless design, which must be embedded in its governance and disclosure processes. Under the assumption above, the native coins of the Digitalbits supply are considered in circulation unless locked by an auditable smart contract or burned into an auditable and permanently locked address. Digitalbits v18 has not implemented smart contracts to date. Therefore, today, all Digitalbits XDB native coin token metrics are as follows: Digitalbits Mainnet v18 MAX TOKEN SUPPLY: 20,000,000,000 TOTAL TOKEN SUPPLY: 19,974,370,019.97 CIRCULATING SUPPLY: 19,974,370,019.97 As part of the transition from Digitalbits v18 to XDB CHAIN v19 and in alignment with this new governance structure, the XDB Foundation commits to reducing both the total supply and circulating supply by 1,000,000,000 XDB CHAIN native coins. This will be executed following the completion of XDB CHAIN Mainnet v19 upgrade. XDB CHAIN Mainnet v19 MAX TOKEN SUPPLY: 20,000,000,000 TOTAL TOKEN SUPPLY: 18,974,370,019.97 CIRCULATING SUPPLY: 18,974,370,019.97 BURNED COINS: 1,025,629.980.03 Nevertheless, the XDB CHAIN Project’s commitment, beyond the immediate 1,000,000,000 XDB CHAIN native coin burn upon XDB CHAIN Mainnet v19 launch, is to commence quarterly burns starting Q1 2024, to further reducing both the total and circulating supply of XDB CHAIN to get to 10,000,000,000 billion coins through auditable and transparent communication and disclosure processes. The project’s growth will primarily hinge on the launch of multiple BCO (branded coins) and brand’s payment integration, some of which have already been announced and will commence shortly. Additionally, for the sake of transparency, the XDB Foundation proactively discloses the holdings of the following Digitalbits XDB coins that are considered as in circulation, as per the

Read More »
SBX coin Whitepaper

“SBX coin” world’s first edutainment cryptocurrency. BCO-powered by XDB CHAIN

V.1.3 — Release date Oct, 19th 2023 This is the only document summarizing the key terms of creating a new virtual asset called “SBX coin” powered by XDB CHAIN. XDB CHAIN stands for the “blockchain of brands” which will empower the creation of new brands ecosystem leveraging blockchain technology and XDB CHAIN-powered tokens in the framework of BCO, namely “Branded Coins” This document constitutes the intellectual property of XDB Foundation, and it is intended to be distributed as an official document referenced by XDB CHAIN official social media channels. Disclaimer This whitepaper is for informational purposes only. XDB Foundation does not guarantee the accuracy of or the conclusions reached in this whitepaper, and this whitepaper is provided as is.XDB Foundation does not make and expressly disclaims all representations and warranties, express, implied, statutory, or otherwise, whatsoever, including, but not limited to: (i) warranties of merchantability, fitness for a particular purpose, suitability, usage, title, or non-infringement; (ii) that the contents of this whitepaper are free from error; and (iii) that such contents will not infringe third-party rights. XDB Foundation and its affiliates shall have no liability for damages of any kind arising out of the use, reference to, or reliance on this whitepaper or any of the content contained herein, even if advised of the possibility of such damages. In no event will XDB Foundation or its affiliates be liable to any person or entity for any damages, losses, liabilities, costs, or expenses of any kind, whether direct or indirect, consequential, compensatory, incidental, actual, exemplary, punitive, or special for the use of, reference to, or reliance on this whitepaper or any of the content contained herein, including, without limitation, any loss of business, revenues, profits, data, use, goodwill, or other intangible losses Introduction This project describes the business and functional elements of the “SBX coin” that is the exclusive and unique Sandbox Group (SBX) — branded cryptocurrency which will be endorsed and incorporated by all present and future brands/products associated with the Sandbox Group (https://sbxgroup.com), including but not limited to PlayKids, Hopster, Code Kingdoms, Leiturinha, among others. This cryptocurrency is exclusively minted on the XDB CHAIN blockchain and will provide exclusive benefits and incentives for Sandbox’s product users. “SBX’’ refers to Sandbox Group whose Legal entities own both all brands, trademarks and products, as well as any associated brand property. About Sandbox Group (SBX) Sandbox Group is a global leader in Edutainment and a group of companies proposing a complementary suite of leading video, gaming, learning, crafting & eLearning products with a global footprint.By combining a proven curriculum and methodology with cutting edge technology, gamification and personalisation, our objective is to create a world where everyone is empowered to have fun while learning. Why Web3? “Web3 technology represents a groundbreaking solution poised to bridge the divide between user engagement and monetization with full transparency. By harnessing the capabilities of distributed ledger technology and tokenized incentives, Web3 introduces a secure, transparent, and trustless ecosystem for the seamless exchange of digital assets. With Web3 technology, businesses can craft immersive customer experiences that actively encourage increased interaction with their products and services. Web3’s potential lies in its ability to streamline user experiences by eliminating manual data entry or customer’s data (like username, emails or passwords) and minimizing user actions needed to complete transactions. Through the strategic deployment of tokenized incentives, businesses can not only reward their customers but also stimulate ongoing engagement, thus elevating the lifetime value of their clientele. Furthermore, Web3 technology offers businesses a fortified and transparent transaction environment. This enhanced security and transparency instill higher levels of trust and confidence among customers. Ultimately, Web3’s transformative capabilities hold the promise of “closing the chasm between user engagement and revenue generation, enabling businesses to augment their earnings while delivering more captivating and rewarding customer experiences.” Why XDB CHAIN? XDB CHAIN, commonly known as the blockchain for brands, has introduced a groundbreaking concept known as Branded Coins (BCOs). Among these offerings, this is the world’s first cryptocurrency designed to be extensively used within Sandbox group’s ecosystem of established products that cater to millions of users. This initiative represents a significant step in the crypto space, as it tackles one of

Read More »
XDB Chain

Contact us

Fill out the form below, and we will be in touch shortly.

Support

Fill out the form below, and we will be in touch shortly.