Litemint to assist add NFTs to the DigitalBits Blockchain
NFTs Are Coming to the DigitalBits Blockchain
Litemint to assist add NFTs to the DigitalBits Blockchain
Grand Cayman, Cayman Islands , April 13, 2021 (GLOBE NEWSWIRE) — The XDB Foundation, one of many main contributors to the DigitalBits blockchain, introduced as we speak the addition of Litemint, a expertise firm connecting crypto fanatics, collectors and players to distinctive experiences, to the DigitalBits ecosystem. Litemint is among the many preliminary organizations supporting the addition of NFT performance to the DigitalBits blockchain.
Litemint, a platform constructed on Stellar since its inception, just lately unveiled its NFT and Collectibles market. Litemint introduces on-chain collectibles and NFTs to the net gaming expertise, affording gamers the advantages of blockchain expertise corresponding to true asset possession and seamless switch and tradeability which are missing inside as we speak’s main on-line gaming environments. The combination of the DigitalBits community, which started in 2017 as a fork of Stellar, prompts quite a few potential synergies.
“With its distinctive closeness to the mainstream, gaming business and core compatibility with the Stellar expertise, DigitalBits is an ideal match for our NFT and collectibles platform,” said Frederic Rezeau, founder and CEO of Litemint. “I’m assured that collectively, offered our potential to execute on the open-source Stellar expertise, we will leverage distinctive enterprise alternatives with a seamless integration of DigitalBits and their consumer-oriented market.”
Sure different organizations are additionally trying to combine the DigitalBits blockchain to assist their respective NFT initiatives. The community’s potential to assist excessive transaction throughput at scale supplies a big benefit over Ethereum, the present market chief for the creation of NFTs, the place community congestion has led to lengthy wait occasions and exorbitant gasoline charges. NFTs have lengthy been tied to esports and gaming, nevertheless they’ve but to change into mainstream given such friction. The combination of the DigitalBits community with platforms corresponding to Litemint will assist to streamline the issuance, switch and commerce of NFTs, whereas additionally supporting decrease charges, enabling NFTs to change into extra extensively adopted.
Story continues
“I’m very excited to see the upcoming integration of the DigitalBits Community into Litemint’s NFT and collectibles market,” stated Michael Gord, Managing Director of the XDB Basis. “NFTs have the power so as to add a completely new layer to the person expertise, permitting for distinctive activations that may be carried out throughout quite a few totally different industries. I sit up for seeing the continued innovation that continues to emerge from this new asset class as an increasing number of individuals start to make use of NFTs.”
About Litemint
Litemint is a tech firm that breaks obstacles and creates modern merchandise to attach crypto fanatics, collectors and players to distinctive experiences. By leveraging the Stellar blockchain, Litemint enhances the person expertise with asset possession (NFT and collectibles) and decentralized micro-transactions executed on the Stellar DEX. Litemint has acquired Stellarport in January 2020, the interplay between crypto customers and players creates big alternatives with tradable belongings and brings unmatched dynamism to each platforms. Connecting the dots, Litemint is presently releasing a bespoke NFT and collectibles market.
About DigitalBits
The DigitalBits Venture is an open-source challenge that developed the DigitalBits blockchain protocol and a safe, low-cost world transaction community, and instruments. This blockchain protocol and community layer assist varied use instances together with shopper digital belongings, corresponding to non-fungible tokens (NFTs) and branded cryptocurrencies together with branded stablecoins.
About XDB Basis
The XDB Basis is a non-profit group centered on helping DigitalBits and associated applied sciences. The XDB Basis’s core goals embody: supporting the innovation and adoption of the DigitalBits blockchain and using cryptocurrency in enhancing the patron expertise and company social accountability initiatives, shaping industrial requirements and requests for technical enlargement, rising the DigitalBits group via the inclusion of various areas; offering accountability and sustainability practices; and facilitating partnerships and ecosystem growth.
Media Contact
Robert Penington
Robert@thronepr.com
Disclaimer: This press launch is for informational functions solely. The data doesn’t represent funding recommendation or a proposal to speculate. XDB tokens and digital currencies, on the whole, usually are not authorized tender, in any nation, and usually are not backed by any authorities as authorized tender, nor ought to they be handled as such.
Content material Disclaimer:
The above overview statements are these of the sponsor (Supply of content material) and don’t essentially mirror the official coverage, place or views of the content material writer. The content material distribution firm is subsequently not accountable for the content material and its authenticity and authorized standing of the above material. Every particular person is required to train its content material when making a purchase order from the above provide. The data doesn’t represent recommendation or a proposal to purchase. Any buy made out of the above press launch is made at your individual danger. Seek the advice of an knowledgeable advisor/well being {and professional} advisor earlier than any such buy. Any buy made out of this hyperlink is topic to the ultimate phrases and situations of the web site’s promoting as talked about within the above as supply. The content material writer and its downstream distribution companions don’t take any accountability instantly or not directly. If in case you have any complaints or copyright points associated to this text, kindly contact the corporate this information is about.
DISCLAIMER of Legal responsibility. IN NO EVENT SHALL OUR PR COMPANY BE LIABLE OR RESPONSIBLE TO YOU OR ANY OTHER PERSON FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR EXEMPLARY DAMAGES OF ANY KIND, INCLUDING WITHOUT LIMITATION, LOST PROFITS OR LOST OPPORTUNITIES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES IN ADVANCE AND REGARDLESS OF THE CAUSE OF ACTION UPON WHICH ANY SUCH CLAIM IS BASED, INCLUDING, WITHOUT LIMITATION, ANY CLAIM ARISING OUT OF OR IN CONNECTION WITH ANY OF THE CONTENT, INCLUDING, WITHOUT LIMITATION, AUDIO, PHOTOGRAPHS, AND VIDEOS, OR OF THE ACCURACY, RELIABILITY, OR LEGALITY OF ANY STATEMENT MADE IN OR OMITTED FROM ANY commercial, sponsorship, endorsement, testimonial, opinion, or different product-related or service-related assertion or overview showing within the Web sites or in ANY put up or article distributed through the Web sites.
Attachment
Be the first to comment