news

Digibyte (DGB) – Could a treasury be the way forward for DGB marketing?

There is no doubt that Digibyte (DGB) is one of the best crypto projects around. It is decentralized, scalable, and extremely secure.  However, while it truly adheres to the ideals that Satoshi Nakamoto envisioned in the Bitcoin whitepaper, its decentralization also happens to be one of its biggest disadvantages. That’s because, unlike the more centralized cryptos, no one is tasked with coordinating marketing.  The efforts of the Digibyte Awareness Team have clearly not been enough in pushing Digibyte to the level where it ought to be. Marketing by volunteers may not be as effective as one done by professional marketers. What Digibyte needs is a coordinate marketing campaign by a company with a global reach and top talent.  In the past, efforts to fund such a campaign have failed, due to scammers walking away with the money. So what’s the long term solution, before Digibyte (DGB) withers away due to lack of awareness?

One option would have been to get it listed on major exchanges such as Coinbase and Binance. Unfortunately, these two have not shown DGB any love. Besides, most major exchanges charge a fee to list cryptos and Digibyte (DGB) can’t raise this money. That’s because, there is no central entity that can raise such money for DGB when the need arises.

The other option that would be more practical for DGB would be a treasury. Such a treasury would raise money from the DGB entering circulation and use it for marketing. Over time this treasury could easily raise thousands or even millions of dollars, enough to hire the best marketing agencies in the world. It would also have enough money to pay for any exchange on the planet in order to list DGB. To ensure transparency, such a treasury would be voted on by the community, including on what projects should be funded.

With a good marketing war-chest, Digibyte could easily break into the top 10. That’s because pound-for-pound, Digibyte is light years ahead of most altcoins in this market.  As such, aa treasury, if implemented, would be a game-changer for Digibyte (DGB).

 

Liam Albert Administrator
Liam is a great fan of crypto.
NOTE: xrpnewsonline bears no responsibility for any losses incurred on the reliance on the information in these buy/sell signals. Please be informed about the risks and costs of trading in financial markets. Cryptocurrencies are an extremely risky investment.
×
Liam Albert Administrator
Liam is a great fan of crypto.
NOTE: xrpnewsonline bears no responsibility for any losses incurred on the reliance on the information in these buy/sell signals. Please be informed about the risks and costs of trading in financial markets. Cryptocurrencies are an extremely risky investment.
Latest Posts

Comment here