DBDT TOKEN: A Stablecoin to Promote Global Digital Transactions and Financial Inclusion

What is DBDT TOKEN

Friends, imagine the paper money we use every day, like the US dollar, which has relatively stable value. In the blockchain world, there is a similar concept called “stablecoin.” DBDT TOKEN, short for Digital BDT, or more fully Digital Blockchain Dominance Token, aims to become such a stablecoin.

Simply put, the goal of DBDT TOKEN is to keep its value pegged 1:1 to the US dollar, acting as a “digital twin” of the dollar in the digital world. Its main purpose is to build a bridge between digital currencies and the fiat currencies we use daily, making digital transactions more convenient and efficient, and hoping to bring the benefits of financial services to more people.

This project mainly targets crypto enthusiasts, users needing international remittance, and businesses and investors looking to integrate blockchain technology into daily operations. You can use DBDT TOKEN for payments across various platforms and services, as easily as using Alipay or WeChat Pay. It can also be used in decentralized finance (DeFi) applications, such as staking to earn rewards or participating in community governance. In the future, it even envisions use in trading non-fungible tokens (NFTs).

DBDT TOKEN officially launched on December 17, 2021.

Project Vision and Value Proposition

The vision of DBDT TOKEN is to build a bridge connecting cryptocurrencies and fiat currencies, especially by leveraging blockchain technology to optimize cross-border payments. Its core value proposition is to provide a digital token pegged 1:1 to the US dollar, offering users a stable and reliable digital currency option. The project team hopes to empower individuals and businesses by providing a secure, efficient, and easily accessible digital currency solution, promoting financial inclusion.

The core issues it aims to solve include the high costs and long wait times of traditional remittance, as well as insufficient access to financial services in certain regions. What makes DBDT TOKEN unique is its focus on facilitating real transactions in the Bangladeshi economy (despite information indicating the project is based in Malaysia), and its plans to integrate with traditional payment giants like Mastercard and Visa Card to provide online and offline services globally. Additionally, its tokenomics are designed to support local businesses and community-driven initiatives.

Technical Features

As a digital token, DBDT TOKEN currently operates mainly on Binance Smart Chain (BSC) under the BEP20 standard and on the TRON (TRC20) network. This means it leverages the smart contract capabilities of these existing blockchains to ensure transaction security and efficiency.

Regarding its underlying technology, there is some conflicting information. Some sources mention it as a cryptocurrency running on “its own blockchain” and adopting a hybrid consensus mechanism combining Proof-of-Stake (PoS) and Proof-of-Work (PoW). However, if it is a token issued on existing blockchains like BSC and TRC20, it would primarily follow the consensus mechanisms of those blockchains. Proof-of-Stake (PoS) is a mechanism where transactions are validated by holding and staking tokens, generally more energy-efficient than Proof-of-Work (PoW).

DBDT TOKEN emphasizes its advanced security measures, aiming to protect user assets and provide a reliable, user-friendly system. It supports multiple mainstream BSC-compatible wallets, such as Bitscash Exchange Wallet, Trust Wallet, Metamask, and Binance Chain Wallet, with plans to support more Web3 wallets like Gate.io, Coinbase, and SafePal in the future.

Its contract address on Binance Smart Chain is:

Tokenomics

The token symbol for DBDT TOKEN is DBDT. It is mainly issued on Binance Smart Chain (BSC) under the BEP20 standard and on the TRON (TRC20) network, with an Ethereum (ERC20) version in development, expected to launch in 2026.

According to self-reported data from the project, the total and maximum supply of DBDT is 10 trillion (10,000,000,000,000) DBDT. Its self-reported circulating supply is also 10 trillion DBDT. However, the CoinMarketCap team states that its circulating supply has not been verified and shows its self-reported market cap as $0.

There is conflicting information regarding the token’s inflation. Some sources claim DBDT TOKEN is a stablecoin pegged 1:1 to the US dollar, which should mean its value is relatively stable. However, a report on Coinranking shows its annual inflation rate as high as +99,900%, marked as “high inflation,” while also showing a monthly inflation rate of 0%. This huge discrepancy and contradiction should be noted.

The use cases for DBDT tokens are very broad, including:

• Payments and Transactions: Used as the main payment method within the ecosystem for various platforms and services.
• Decentralized Finance (DeFi): Users can stake DBDT to earn rewards or participate in project governance.
• Remittance Services: Used for low-fee, instant peer-to-peer (P2P) and wallet-to-wallet remittance.
• Mining and Trading: Users can also participate in the ecosystem through mining, stacking, and trading DBDT.

Details on token allocation and unlocking are not specified in public information. What is known is that DBDT’s pre-sale (Pre-ICO) started on January 15, 2022, and its initial coin offering (ICO) ran from April 15, 2022 to July 14, 2022. Subsequently, DBDT opened for public trading on July 15, 2022.

Team, Governance, and Funding

The DBDT TOKEN project is supported by a professional team and financial advisors. However, there is limited public information about specific core members and founders.

In terms of governance, the project mentions a community governance mechanism, meaning token holders may have a say in the project’s future direction.

There is currently no detailed public information about the project’s funding sources or treasury operations.

Roadmap

Below are some key historical milestones and future plans for the DBDT TOKEN project:

Key Historical Milestones:

• December 17, 2021: Project officially launched.
• January 15, 2022: Pre-sale (Pre-ICO) started.
• April 15 – July 14, 2022: Initial Coin Offering (ICO) phase.
• July 15, 2022: DBDT opened for public trading.
• Q1 2022: Some sources mention remittance service went live.
• Exchanges Listed: DBDT has been listed on 9-10 global exchanges, including PancakeSwap, Mdex, ApeSwap, 1inch, and others.

Future Key Plans:

• 2024 and Beyond:
• Integrate decentralized finance (DeFi) tools to expand user engagement and token utility.
• Launch educational outreach programs to promote understanding and adoption of DBDT.
• Implement scalability and security upgrades to enhance project competitiveness.
• Broaden use cases, especially in cross-border transactions and remittance.
• Future Plans:
• Integrate with Mastercard and Visa Card to support global online and offline services.
• DBDT TOKEN plans to launch on Ethereum (ERC20) and Solana (SOL) networks before 2026.
• DBDT remittance service is planned for launch in Q1 2026 (contradicting the claim of Q1 2022 launch).
• DBDT Mpay Mastercard: Initially to operate under the Mastercard network, with plans to build its own transaction network in the future.

Common Risk Warnings

Investing in any blockchain project carries risks, and DBDT TOKEN is no exception. Here are some common risks to be aware of:

• Technical and Security Risks: Although the project claims advanced security measures, blockchain projects generally face risks such as smart contract vulnerabilities and network attacks. Additionally, the claims about “its own blockchain” and “hybrid consensus mechanism” conflict with its description as a token on existing chains, which may lead to uncertainty in technical implementation.
• Economic Risks:
• Stablecoin Nature in Doubt: The project claims to be a stablecoin pegged 1:1 to the US dollar, but some data sources show an extremely high annual inflation rate, which seriously contradicts the definition of a stablecoin. If its stablecoin mechanism fails to function effectively, the token’s value may fluctuate sharply.
• Low Liquidity and Trading Volume: DBDT TOKEN currently has very low 24-hour trading volume (for example, DEXTools shows between $0.107 and $3.313), meaning market liquidity is extremely poor, trading may be very difficult, and prices are easily affected by small trades.
• Unverified Supply: CoinMarketCap notes its circulating supply is unverified by the team, and its self-reported market cap is $0, increasing uncertainty in market data.
• Price Volatility: Even stablecoins can experience de-pegging in extreme market conditions, leading to value loss.
• Compliance and Operational Risks:
• Conflicting Information: There are multiple contradictions in project materials, such as remittance service launch time (Q1 2022 vs Q1 2026), stablecoin vs high inflation, and “own blockchain” vs “token on existing chains.” These contradictions may indicate lack of transparency or uncertainty in project disclosures.
• Limited Founder Information: Core team member information is not transparent, which may increase operational risk.
• Regulatory Uncertainty: Stablecoins and cross-border remittance services face an evolving regulatory environment globally, and future compliance may pose challenges.

Verification Checklist

Before delving deeper into DBDT TOKEN, it is recommended that you independently verify the following:

• Block Explorer Contract Address: Visit the Binance Smart Chain (BSC) block explorer (such as bscscan.com), check the DBDT TOKEN contract address
  0x02210CcF0Ed27a26977E85528312E5BD53cE9960
  , and review its on-chain activity, number of holders, and transaction records.
• GitHub Activity: Visit the project’s claimed GitHub repository (github.com), check code update frequency, number of contributors, and community activity to assess development progress.
• Official Website: Carefully review digitalbdt.org for the most direct and up-to-date project information.
• Social Media: Follow its official Telegram channel (https://t.me/digitalbdtofficial) as well as Twitter, Facebook, and other social media to learn about community discussions and project announcements.
• Third-Party Data Platforms: Compare DBDT TOKEN data on platforms like CoinMarketCap and CoinGecko, paying attention to data discrepancies and warning messages.

Project Summary

DBDT TOKEN (Digital Blockchain Dominance Token) is a blockchain project aiming to become a US dollar-pegged stablecoin, with a core vision of leveraging blockchain technology to simplify cross-border payments and promote financial inclusion. It hopes to connect the crypto world and the real world by providing low-fee, high-efficiency remittance services and plans to integrate with traditional payment networks like Mastercard and Visa. The project currently operates mainly as a BEP20 and TRC20 token, with plans to expand to ERC20 and Solana networks.

However, when evaluating DBDT TOKEN, some key points should be noted. There are contradictions in project materials regarding its stablecoin nature versus high inflation data, underlying technology (own blockchain vs token on existing chains), and remittance service launch time, which require deeper verification by investors. Additionally, its extremely low trading volume and unverified supply suggest potential liquidity and market risks.

Overall, DBDT TOKEN presents a grand vision, but its information transparency and consistency need improvement. Before considering any actions related to DBDT TOKEN, be sure to conduct thorough independent research (DYOR) and carefully assess all potential risks. This introduction does not constitute any investment advice.