The XDB Ecosystem Fund and GDA Capital’s Commitment to the DigitalBits Blockchain
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DigitalBits continues to grow as a layer-one blockchain given the industry’s current need for protocols that provide security, speed, and cost-savings. It serves as a tool for mass adoption of blockchain technology by making micropayments efficient and cost-effective. More so, its focus on asset tokenization has made it a sought-after network among innovative projects.
Development teams are able to tokenize anything from branded stablecoins to social tokens, fan engagement, or NFTs on the DigitalBits blockchain. This has led North American digital asset leader GDA Capital to launch a new venture fund focused on fostering the ecosystem’s growth. The GDA XDB Venture Fund will help teams that build on DigitalBits by allocating the necessary resources for their success.
As explained by GDA Capital Co-founder Michael Gord:
Blockchain technology will change many different aspects of traditional industries and rewards programs are just the tip of the iceberg. What DigitalBits is doing will extend…