XDB Chain Price

XDB is the native coin of XDB Chain and is a RWA (Real World Asset). XDB Chain is an open-source blockchain designed to support digital assets such as branded currencies, NFTs (non-fungible tokens), stablecoins, and more. With a focus on providing a platform for brands, XDB Chain aims to facilitate web3 payments and the creation of various digital assets.

The protocol places an emphasis on scalability and low transaction fees to ensure efficient and cost-effective operations. Additionally, the platform, often called the "blockchain for brands," seeks to promote transparency and decentralization within its core principles.

The XDB token serves as the native cryptocurrency of the XDB Chain blockchain. It plays a vital role in powering the network and enabling various activities within the ecosystem.

XDB Chain protocol (v19) empowers faster payments with the potential for up to 1.19 million transactions per second. The protocol aims to bring the power of web3 to brands and consumers by introducing substantial improvements to the XDB Chain Core.

Its purpose-driven approach lays the groundwork for developing Layer 2 solutions to enhance the user experience (UX) and enable the tech framework for the mind-blowing payment processing speed. The platform supports fast and affordable transfers of consumer digital assets, such as branded currencies, NFTs, stablecoins, and more.

XDB Chain protocol (v19) focuses on making payment channels accessible to any use case, acting as high-speed express lanes for brands and consumers' frequent transactions. This allows users to carry out most activities away from the blockchain while securely recording starting balances and ultimate settlements on the blockchain.

In the realm of payment channels, transactions flow between parties off-chain, resembling a well-orchestrated dance where approvals and throughput are ensured. When a party decides to conclude transactions and settle, they can initiate the process to close the channel.

The XDB Chain platform, also known as the 'Blockchain for Brands', serves as a protocol layer for the creation of branded cryptos and tokenized assets. It enables brands to launch their own currency, including stablecoins, to engage with consumers in a more interactive manner.

XDB Chain was founded by Daniele Mensi and launched in October 2023. It utilizes the FBA (Federated Byzantine Agreement) consensus protocol.

It serves as a protocol layer blockchain, often referred to as the "blockchain for brands," and is designed to empower brands and consumers for web3 payments and the creation of digital assets. The platform aims to enable the creation of branded cryptocurrencies, NFTs, stablecoins, and more.

$XDB is the native token of the XDB Chain ecosystem and has the following use cases:

Pay Transaction Fees on XDB Chain

XDB tokens are used to pay for transaction fees on the XDB Chain blockchain. When users perform transactions, such as transferring digital assets or making payments, XDB tokens are utilized to cover the associated network fees.

Incentive Token in the XDB Chain Ecosystem

$XDB tokens are employed to incentivize and reward participants within the XDB Chain ecosystem. This can encompass activities such as staking, providing liquidity, and engaging in network governance.

Support Asset Tokenization

XDB tokens play a role in the creation and management of branded cryptocurrencies, stablecoins, NFTs, and other digital assets within the XDB Chain ecosystem.

Stake XDB on XDB Chain

XDB tokens can be staked to support network security and validate transactions, thereby earning rewards in the process.

Trade XDB Chain Token on KuCoin

Trade XDB coin against other crypto assets on the KuCoin Spot Market to profit from changing market conditions and volatility. Buy or sell $XDB or hold it long-term if you believe in the future potential of the XDB Chain project. Ensure you enter any new trades in the crypto market only after doing your own research.