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The future is bright for DigiByte (DGB), here’s why

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DigiByte

Technology is not only evolving, but accelerating, throughout the world, and in turn, the world is becoming more interconnected than ever. One of the most significant current technological trends is the Internet of Things, which means that the world will be even more interconnected than ever.

That makes cybersecurity even more of an essential modern issue because this means that our data will not only be on our personal devices, such as our laptops, smartphones, and more but also will be on the devices that we interact with in our daily life.

One of the main reasons that bitcoin has been able to grow exponentially in value over the last decade is because of the global financial crisis of 2008, where many human beings around the world realized that the banks and financial institutions that they trusted to hold their money were not working for them.

But instead, people thought banks were doing everything that they can to profit, even at the expense of those who were buying their home for the first time, unaware of the crisis that was about to unravel that would lead to an entire housing sector slump that would last for years.

Digibyte can undoubtedly address the cybersecurity issues of today and is more necessary than ever. It doesn’t matter whether you are an individual or a corporation; data is vital in all of our lives, whether it is of a personal or professional nature.

For example, we all know that identity theft is as prevalent as ever, claiming millions of victims every year and causing billions of dollars of economic damage.

Digibyte seeks to solve this problem through a service called Digi-ID, where blockchain technology is used to verify your identity, rather than the outdated system of usernames and passwords.

That isn’t merely about peace of mind, but it is also about a competitive edge. We know that even the most powerful companies are victims of data breaches and hacks, and as a result; their brand reputation takes a hit, and the consumer trusts them less, which could cause the company to lose substantial market share. Digibyte could offer the perfect solution to ensuring that your consumer data is safe and that your brand identity is preserved.

Also, countless companies spend millions a year on complex security solutions, only to find out that their security strategies weren’t as effective as they thought.

In this manner, Digibyte doesn’t offer a more efficient solution through blockchain technology, while simultaneously helping the bottom line, and increasing profit margins for companies, whether they are small or large.

We all know that cybersecurity is essential for both individuals and corporations, and it is a problem that isn’t going away any time soon because we are all more interconnected than ever thanks to technology.

Since Digibyte offers a solution to this issue; it is clear to see that there is massive room for growth for the project. Of course, no one can predict just how far high Digibyte can go, but a dollar seems like a possibility, once the market realizes the massive potential here.

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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. The author is long Bitcoin. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by McKayla Crump on Unsplash

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My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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