The DigitalBits ecosystem has gained a new key contributor with the formation of the XDB Foundation (the “Foundation”), a non-profit foundation dedicated to supporting DigitalBits, as well as related initiatives and technologies. The XDB Foundation’s key initiatives include the DigitalBits Ecosystem Support Program, aiming to provide both financial and non-financial support to qualified entities and projects within the DigitalBits community, with a focus towards innovation and accelerating ecosystem growth.
GDA Capital CEO Michael Gord has been appointed as Managing Director of the XDB Foundation.
“I am excited to see the launch of the XDB Foundation and to be joining the DigitalBits ecosystem in this new capacity,” says Michael Gord, Managing Director, XDB Foundation. “In the coming weeks, the XDB Foundation will share additional updates regarding its key initiatives. Over the past 2 years, we have seen DigitalBits achieve various milestones and with this next chapter I’m excited to see the XDB Foundation contribute as the new project lead supporting education, research and development, and ecosystem growth and adoption.”
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Disclaimer: This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The XDB token and virtual currencies, in general, are not legal tender, in any country, and are not backed by any government as legal tender, nor should they be treated as such.