Hamilton, Bermuda, third May, 2021,
Bittrex Global to be First Exchange to Integrate DigitalBits Mainnet
Bittrex Global additionally lists esports and gaming centered Zytara greenback (ZUSD) and protocol layer and NFT-centric DigitalBits token
third May 2021, Hamilton, Bermuda — Bittrex Global (Bermuda) Ltd. introduced today that it will likely be the primary change to combine the DigitalBits blockchain mainnet, and assist the DigitalBits ERC-20 token swap. Bittrex Global additionally just lately listed each the Zytara dollar (ZUSD) and DigitalBits (XDB) token on its digital asset change.
ZUSD is a stablecoin that enables customers to transact immediately, and goals to exchange conventional cost strategies at present utilized by on-line avid gamers and esports lovers. The DigitalBits blockchain helps the tokenization of digital property, together with branded currencies and branded stablecoins. It was just lately unveiled that Litemint, a number one NFT and collectibles market, can be among the many preliminary organizations to additionally combine the DigitalBits blockchain for the aim of introducing NFT performance to the community.
Zytara, led by DigitalBits founder Al Burgio, has been in a fast progress stage, strategically centered on constructing the monetary infrastructure of tomorrow, today. In partnership with Prime Trust, Zytara launched ZUSD to serve the gaming and esports business, offering Millennials, Gen Z avid gamers and esports lovers with a dynamic new different to conventional cost options. ZUSD is absolutely collateralized, with Prime Trust serving because the issuer of ZUSD, and holding 1:1 USD reserves. Following its preliminary deployment on Ethereum, ZUSD will subsequent be launched to the DigitalBits blockchain, permitting customers to benefit from the community’s scalability.
Zytara has additionally launched Zytara Labs, a full-service manufacturing firm and studio supporting musical artists, actors, avid gamers, esports groups and different manufacturers with the creation, sale, and advertising of NFTs. The firm develops revolutionary merchandise and platforms that leverage blockchain protocols, equivalent to DigitalBits and Ethereum.
“The gaming, sports and entertainment industries are ideally positioned for stablecoins and NFTs,” stated Bittrex Global’s CEO Tom Albright. “The infrastructure required to ensure prizes can be distributed to anyone, anywhere in the world is currently lacking, and Zytara is looking to fill this exciting niche. Zytara’s ability to attract and support major influencers and brands with innovative NFT campaigns is clearly evident as recently unveiled with their support for the NFT collaboration with the Dole Sunshine Company and renowned artist, David Datuna.”
“We have reached a very exciting stage in the development of digital assets,” stated Michael Gord, Managing Director of the XDB Foundation, main contributor to the DigitalBits ecosystem. “As more mainstream brands and enterprises adopt digital assets, they will require support to effectively offer blockchain-based services to their customers, whether it be NFTs, loyalty rewards, security, or greater transparency. The DigitalBits ecosystem has attracted a wide array of organizations that are supporting the use of DigitalBits as an alternative network layer to the current blockchain landscape.”
The DigitalBits blockchain gives a community layer that permits anybody to simply leverage blockchain-based options, no matter their technical background. DigitalBits helps lightning quick, borderless transactions, making certain fungible and non-fungible digital property can transfer seamlessly between community individuals, wherever on this planet.
Bittrex Global can be internet hosting a Live Video AMA with DigitalBits and Zytara founder Al Burgio on May fifth at 9:00am EST.
No dates have been introduced for the completion of Bittrex Global’s integration of the DigitalBits mainnet and the upcoming token swap.
About Bittrex Global
Bittrex Global has one of the safe buying and selling platforms and digital pockets infrastructures on this planet the place prospects can entry thrilling new merchandise. Built on Bittrex’s cutting-edge expertise, Bittrex Global gives a high-level expertise for skilled and novice prospects alike.
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- John McLeod
- Bittrex Global