Thursday, 16 July 2020

DigiByte on Coinbase: ‘If You are Listing DGB Thanks a Ton’ –Founder Jared Tate

Founder Jared Tate announced he’s stepping down from the daily activities of Digibyte this month, but the cryptocurrency still has the backing of the Lifeboat Foundation Advisory Board Member.

In a fresh development, Jared Tate expressed his desire for Digibyte cryptocurrency to go live on US-based prominent cryptocurrency exchange Coinbase.

Tate explained that he would be happy if Coinbase lists DGB among other cryptocurrency assets on the platform for trading. Jared Tate further expressed appreciation to Coinbase and the CEO of the platform, Brian Armstrong, saying if Coinbase would be listing Digibyte, “thanks a ton ahead of time.”

Tate, who is the author of “Blockchain 2035: The Digital DNA of Internet 3.0,” made the assertion following the series of notifications he got from users and enthusiasts of the cryptocurrency who claimed that Coinbase ad keeps showing up once they search “buy Digibyte” on the search engine.

The Digibyte founder said for every ‘buy Digibyte’ search done on Google search engine, Coinbase ad “DigiByte on Coinbase” show up as the first thing. Jared also captioned an image of the ads as a proof.

However, at the time of filing this report, our correspondent who also searched did not find the ads. Nevertheless, the prove from Jared Tate is quite enough to affirm that it actually happened, and it is an attestation that Coinbase may list Digibyte (DGB) cryptocurrency anytime soon.

Why Digitbyte’s Jared Tate Stepped Down

On May 15, Digibyte founder Jared Tate announced in series of Tweets that he was stepping down from Digibyte’s helm of affairs because he felt blockchain technology is only enriching a few set of people at the detriment of the majority.

Most are only concerned about making profits and cashing out when the price of cryptocurrency spikes massively, he explained, saying that is not why the technology really matters.

Jared said contrary to what is seen in the industry, those who make profits mostly through the technology should come back to contribute and support the development and growth of the technology in achieving a sustainable long-term decentralized vision.

He said a lot of people and organizations he knows have made millions from Digibyte, and they cashed out without contributing to the growth of the technology.

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