AUSSIE DIGITAL: THE ORIGIN OF AUDE AND AUDB TOKENS

Aussie Digital
Coinmonks
3 min readMar 9, 2023

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The past few years have seen a significant shift towards digital innovation in the world, with a growing community of entrepreneurs, investors, and consumers working together to create exciting new opportunities. Aussie Digital is a digital ecosystem that has been leading the charge in driving innovation and growth in the digital landscape.

Aussie Digital is an online marketplace for consumers and businesses that was introduced in 2018. The platform was created to assist neighbourhood companies in connecting with potential clients in fresh and creative ways, as well as reaching a broader audience.

The AUD Coin is the primary digital asset of the Aussie Digital ecosystem, designed to provide stability and security for transactions within the platform. The AUD Coin provides a predictable and secure digital asset for investors and traders. Its multiple use cases, including online shopping, tipping, and giveaways, make it a versatile and valuable digital asset within the Aussie Digital ecosystem and beyond. The acquisition of AUD Coin can only be done through purchasing. But as COVID-19 took the globe by storm in 2019–2020, Aussie Digital realised they needed to update their platform and add a new token structure to strengthen the ecosystem even more.

This new token structure gave birth to two tokens: AUDE and AUDB. Both tokens have a variety of use cases and are used throughout the ecosystem as a means of payment, online shopping, giveaways, burning, and tipping. They are also spendable within the AUD platform, making them an incredibly versatile currency that can be used for a wide range of transactions.

One of the key benefits of the AUDE & AUDB tokens is their burning mechanisms, which result in a decrease in supply and circulation. This can lead to a potential increase in value over time, making them an attractive investment option for investors who are looking for long-term growth opportunities.

As part of their commitment to building a robust and sustainable ecosystem, the Aussie Digital team decided to change the first round of airdrop rewards to AUDE instead of AUD at a 1:1 ratio. This decision was based on the team’s belief that the new token structure would offer greater potential for growth and innovation, and they reserve the right to change the airdrop rewards based on their terms and conditions.

In addition to the new token structure, Aussie Digital has also been working hard to create a supportive community that fosters collaboration and innovation. The company has partnered with a wide range of businesses and organizations across the digital landscape to help drive growth and provide new opportunities for entrepreneurs and investors.

Overall, during the past few years, Aussie Digital has played a significant role in advancing digital innovation. Aussie Digital is well-positioned to continue cultivating a friendly and collaborative community and supporting development in the years to come with its new token system. Visit Aussie Digital’s website at https://aussiedigital.io if you’re interested in knowing more about them and their creative ecosystem.

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