After the announcement made by the official DBC team stating that DeepBrain Chain is not valued as it is supposed to be, the team announced buying off 40 million DBC units from investors and holders. Struggling to obtain a price that could fairly describe DBC’s true value, the team bought off the mentioned amount in March, which is probably the reason why we see DeepBrain Chain trading in the green. That is now all from DBC when it comes to novelties as DeepBrain Chain is stepping into the next quarter in the sign of a fresh start. Let’s see what DBC has been up to these days and find out more about their new website in addition to revealing more information about DBPoints.
DeepBrain Chain and the New Website
If you are one of the DBC followers on Twitter, you have had a chance to see the announcement about the launching of the new website on April 8th, when the DBC team has officially announced it.
After the past announcement that DBC is going to buy off 40 million of DBC units form the existing investors, it was more than obvious that the team behind this AI currency is preparing for rebranding. That is how they have implemented some novelties into their brand by launching a new website and calling out to all users, holders, and investors to sign up in their new official site, which is actually the first version of the planned rebranding.
That means that the current website that has become available for users as of April 8th, is v1.0 while the team is still working on the official version of the website that will be released as DBC’s official v2.0.
For now, they are testing the new interface and the newly implemented reward system as well as checking for how well is rebranding passing among users and holders, as well as whether the rebranded version of the site will attract new users and potential investors. That is how DBPoints reward system comes into the spotlight.
The team is looking forward to getting feedback from the users of the new site, calling out to all testers to provide feedback by sending their thoughts and observation directly to the digital address they have provided in their original tweet about the new website. That way, the team will be able to improve v2.0 of the website before they go on with launching it.
DeepBrain Chain and DBPoints
We have already had a chance to see how Aelf (ELF) did well by having its price pushed up even when the market was plummeting thanks to the candy reward system they have briefly implemented into their operations.
DeepBrain Chain has developed a similar reward program that is already working benevolently on DBC’s price in the market, pushing its value and promoting it as a valuable currency.
On April 10th, the team has tweeted about the point system they have implemented while promoting a free giveaway of these points for all users who register on their new website and/or click the “Follow” button on their official Twitter account.
In the initial tweet, the team explained that DBPoints serve the purpose of representing rewards for DBC community where these points can be exchanged for DBC units or used for purchasing chosen products from DBC Loyalty Shop, which has become a part of their new rewarding system.
DeepBrain Chain Team has got a New AI Savvy Member
DeepBrain Chain is really working at a full steam ahead as they are continuing with an aggressive marketing campaign. Via Twitter, after the latest announcements on launching the first version of their new official site in addition to having implemented a reward system where DBC community will get a chance to earn DBPoints, the team had another interesting announcement.
The announcement came more as a competitive tease as the team tweeted about having a very important team member joining DBC. On this occasion, the team has tweeted that one of the global Artificial Intelligence leader is joining their team. They have also provided a link to the Reddit post related to this matter, inviting all followers to comment their opinion on who this member is.
The tweet also stated that the first person who guesses the mystery DBC member will be rewarded with 5000 DBC, which is needless to say an amazing marketing move, as it can already be seen in the latest benevolent performance of DBC in the market.
The team has been tweeting clues about the mystery member joining their team, encouraging followers to join the guessing game worth of 5000 DBC. Later on, on April 12th, they announced that the person who joined their team is respectfully Mr. Dongyan Wang, an AI expert who has become Chief AI Officer of DeepBrain Chain.
How is DeepBrain Chain doing at the Current Moment?
DeepBrain Chain was going through a rough patch up till the recent events when the team behind this AI currency decided to buy off 40 million DBC units, so they would be able to raise the price of DBC and sell the bought units once DBC’s price goes up. This was the case because the team believed that their currency’s price didn’t match its true value.
After the latest change in the market, DBC is trading in the green although the majority of currencies are going down with the most recent wave of drops in the market.
In the last 24 hours, DeepBrain Chain has gone up by 2.43% against the dollar, which means that this currency is currently being traded at the price of 0.052$ per one DBC unit.
DBC was on the peak of its market value in early January when this token was being traded at the price of 0.63$ per one unit, where everyone expected to see this token rising above the value of 1$ per one DBC token.
However, the token started to plummet with the market crash where it continued to crash further from that point. Although DBC is still far from its record price, it is expected to see some improvements in its market value due to the latest novelties and the new addition to the DBC team.
We will be updating our subscribers as soon as we know more. For the latest on DBC, sign up for our free newsletter!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Jason Taellious via Flickr
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
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