Please checkout the logo inside our media kit located here: http://www.digibyte.co/sites/digibyte.co/files/DigiByte_Media_Kit.pdf

We will get more logos uploaded soon as well! Thank you!

We are focusing everywhere. We feel it is best to approach as many people as possible in as many different countries as possible.

As for real life adoption, every one we talk to proposes the same chicken & the egg dogma. People on both sides want this technology to happen, but no one really seems to know how to make it happen.

Merchants & Retailers: "Why should we accept a digtal currency if not many people use it?"

Users: "Why should we use digital currency if no one in the real world accepts it?"

DigiByte Solution: Allow users, merchants & retailers to use digital currency and meet in the digital world first as a stepping stone to the real world.

We see things happening in slow progressive steps. Real world adoption is going to happen as a series of micro steps, not overnight and it is going to take some time.

Look at how facebook has changed marketing over the past decade? It didn't happen overnight but it brought both consumers & merchants together in the digital world.

Our aim is to augment the existing financial system and be a bridge and first step into the realm of digital currencies by offering both digital & real world solutions that play by the rules. This is why we will not be implementing completely anonymous transactions any time soon. This does not mean we oppose the idea, but we just see it making real world adoption much more difficult in the current regulatory environment.

When we attended the NYC Digital Currency event for bankers in July it became obvious the most attractive thing they saw in a digital currency was the ability to track all transactions though a block chain. It is this aspect of blockchain technology bankers are eager to adopt in order to reduce their overhead and to ease their KYC/AML reporting requirements.

Any cryptocurrency fully implementing transaction mixers, or anonymous transactions will undoubtedly bring down the regulatory wrath of most authorities worldwide.

As we stated above we are not opposed to the idea of completely anonymous transactions, but why shoot ourselves in the foot when regulators, bankers and more are now opening up to real the potential the blockchain offers. We are seeking the path of least resistance.

For more information on our vision & what we are working toward please read our open letter to the digital currency community: https://bitcointalk.org/index.php?topic=878788.0

With the announcement of our USD $250,000 private investment, we wanted to engage the greater digital currency community with an open letter on where we are heading now that we have the resources to take on some serious opportunities around DigiByte.  

In addition, we believe many of our offerings will have strategic benefits for other digital currencies out there, and if we can augment their offerings, we are excited to do so in the name of bringing digital currencies to the next generation of users!  With the pioneering spirt of DigiShield and MultiShield, we have already proven this to be true to our fellow coins, and we hope they will sincerely support us as we work towards the development of the DigiByte Ecosystem.

The DigiByte Ecosystem was built upon the notion that digital currency today really moves in only one direction – consumers ultimately get out.  If we as users of digital currency actually expect this process to change, we must build businesses and services around our coins that will engage the greater global markets to find utility with digital currency, and result in actual value for these coins.  The DigiByte Ecosystem is necessary to make everyone from the miner to the consumer to the merchant to see utility in carrying out transactions in these currencies, to prevent the significant downward pressure that coins like Bitcoin face today.

In order for digital currency to grow and reach this level of utility, it must have inherent benefits for the consumer.  Now for this issue, the proponents of digital currency are quick to say, “Why yes, there are many benefits for the consumer!” while in reality the far more analytical and pragmatic members of our global society are scratching their heads, trying to fairly and accurately answer this question.

It is a challenge in today’s world to try to figure out where the consumer will get benefit from digital currency.  Before you even get to the issue of the real world transaction (the holy grail of digital currency’s role in the global economy), you have some major issues to tackle:

1. Core Protocol
One area where most of the current digital currency community has error in its focus is in ensuring that there is a Coin core protocol set up to support the need for fast transactions, suitable block rewards, and fairness across the spectrum of mining setups.  

DigiByte delivers on all three.

DigiByte Payment Network today recognizes payments between users at lighting fast speeds, including instant notification of payment received and initial confirmation after 30 seconds. This is where consumers and merchants can immediately see great advantage over other currency offerings in the marketplace.

For miners, the opportunity to mine on DigiByte’s five algorithms that utilize a wide variety of computer hardware means everyone now has a chance to get in on the network.  Whether utilizing GPU’s, ASICs or CPU, everyone from the casual computer user to the gamer’s rig have the hardware necessary to begin mining DigiByte.  As explained in the next section, this is crucial to the security of the DigiByte Network.

2. Mining
The genesis of bringing digital currency into this world, mining by today’s standard is not only something best reserved for those who know how to do it, but in many cases, those who already have the money for the hardware needed.  For many digital currencies, including Bitcoin, the miner will need to invest substantial amounts of money to even have a fighting chance to be a part of the opportunity.

For DigiByte, we transitioned to a multi-algorithm mining process to allow an equal playing field for anyone out there who wanted to join, to have a chance to be a part of the network and a take on the profit of mining they would otherwise not be able to see with other coins.  This is extremely important, as a decentralized mining structure is crucial to the overall security of the network, and more miners means more decentralization.

Mining is one of the core focuses related to the overall DigiByte Ecosystem we are fostering.  In order to greatly ramp up the amount of miners out there and the hardware they can use to be relevant in the market, the DigiByte team believes mining should be as simple as pressing a button and letting your computer begin its work.  In order to get one step closer to a real world adoption of digital currency and furthermore DigiByte, this is not a convenience, but a crucial requirement.

3. Digital Currency Trading Platforms
One area where everyone can be in agreement today is that as far as digital currency goes, trading is still a major issue.  Although there are many solutions out there today to let you get out of your digital currency holdings, getting into a digital currency position is still a rough process.

Trading platforms are currently utilized to a large extent by the speculators in the market.  They have a need for trading platforms to get in and out of the currencies traded, quickly.  As time moves on and consumers view digital currency as a stored value and payment method rather than a speculative play, these platforms need to cater to the needs of the buying-in consumer, allowing them to more easily secure digital currency positions and tie these trading accounts to other financial and banking opportunities afforded to real world currency today.

The DigiByte Team is focused on developing and implementing such kinds of services with the vision to establish such kinds of trading, banking and financial opportunities surrounding digital currency.  As a means of creating the DigiByte Ecosystem, these developments will prove to be crucial for the non-mining consumer to enter the digital currency market, and leverage this influx of users with the hope of having a significant population of consumers with digital currency in their holdings, which leads to the next section.


4. Digital World Utility
In the digital world, we are borderless. Every day we interact with people from all backgrounds and nations, in search of something much more different than what our real world lives provide.  It is about connectivity, teaching, learning, entertainment, creativity and inspiration.  Many of us log onto the internet each day, and where it can take us is rarely predictable.  We have embraced the internet as our vehicle to the digital world.  Then why shouldn’t we consider digital currency as a way for us to pay and support what we believe in and desire in the digital world?

The DigiByte Team is dedicated to creating and collaborating to provide businesses and services built around the digital world.  The generation of simply “liking” what others have to say or they provide, or the idea of utilizing high fee alternatives like credit cards to pay for goods and services provided online is quickly coming to an end.  

Through social media platforms that range from keeping in contact with your friends, writing on topics that are important to you, messaging the world and letting them know your opinions, or simply watching streaming videos online, digital currency will prove to be a means of letting people know what you think, in a way that users can bank on.

The DigiByte Team is also focused on a key demographic of the digital world, which is the online gaming community.  As a large group of the DigiByte Team is in fact online gamers in their spare time (what spare time, we know!), our solutions are also driven towards this very interesting niche market, which in a recent study measured this figure to be at 700 million gamers worldwide! That is astonishing!  The DigiByte Team is already developing solutions and opportunities for the gaming community, and we believe that this mega community will be the next generation to bring value to digital currency in the world.

The DigiByte Ecosystem and the Real World Utilization of Digital Currency
Now we enter the final section of this open letter.  And what better way to do that then to speak to the holy grail of digital currency:
OK, we don’t have the simple answer now. What we do know is that initiatives like Apple Pay and CurrentC are accomplishing key changes to the consumer’s behaviors and preferences for real-world shopping: moving them away from magnetic strip plastic cards and using their mobile phones to initiate and process payments.

This is extremely important, as the consumer’s transaction behavior is already beginning to change.  From the consumer’s perspective, their needs will always remain the same, but their behaviors will change when it comes to available technology.  The benefits that the consumer will realize for digital currency will first come from the digital world.  With the combination of DigiByte having a recognized stored value, a means for carrying out a transaction and accumulation by the global market, DigiByte then will be very well positioned to take on real-world needs of global commerce channels.


With our vision and strategy in mind, we wanted to leave you with one parting thought on DigiByte, and the future of payments:

Thank you for your response!

First off, you are correct, TofuGear was registered in 2010, however the 250k is not coming from them. They are a strategic partner with mutual connections & interests.

The investment itself comes from a private angel investor & silent partner with global retail ties who does not wish to be disclosed at this time.

We have been working very hard traveling from LA, to NYC & Hong Kong mostly on our own dime to make this happen over the previous 8 months.

As stated since day one we are in this for the long haul and we are very committed to the long term success of DigiByte! We are very excited for the future of digital currencies. We feel 2015 is going to be a huge years for all of us.

Thanks again!

Dragnar,

We would be very happy to answer any questions or concerns you may have. We have been working very hard now for a year now and we are very excited for where things are going.

This has been in the works since June, with the connections made at the NYC convention in April. These kinds of things take time to put into motion in the real world. The good news is within the past 11 months we have amassed a world wide collection of not only digital curreny connections but real world industry & trade professionals.

The truth is this only the beginning. We have much more we are working on and will continue to work hard on. We will reveal new things at the appropriate time. We do not want to tip off our competitors before hand othereise we would love to share everything in detail right now. Also, we are still under NDA's with various companies until the right time arrives and we are ready.

As stated since day one we are in this for the long haul! 2015 will see the rise of DigiByte to the top!

Looks great! Thank you very much!

Just a reminder:

Which version of the wallet did you send from?

Are they still pending?

Yes, that is a great idea as well!

Also in the US, 8-12-14 looks like August 12th to us backwards Americans

 Perhaps "Dec. 8th" would read better?

24,

Can you post this in main alt coin discussion forum in a new thread? We need to make sure we get everyone updated! Thanks!

Awesome news article about #DigiByte by cryptocoinnews!

https://www.cryptocoinsnews.com/digibyte-dgb-raises-250000-expands-operations/

We would like to thank everyone for the support we have received thus far! If anyone has any suggestion for how to better spread this news we are open and eager for new suggestions! Thanks.

Before we publish this to the media & larger crypto community we would like to get the DigiByte communities perspective on this:


With the announcement of our USD $250,000 private investment, we wanted to engage the greater digital currency community with an open letter on where we are heading now that we have the resources to take on some serious opportunities around DigiByte. 

In addition, we believe many of our offerings will have strategic benefits for other digital currencies out there, and if we can augment their offerings, we are excited to do so in the name of bringing digital currencies to the next generation of users!  With the pioneering spirt of DigiShield and MultiShield, we have already proven this to be true to our fellow coins, and we hope they will sincerely support us as we work towards the development of the DigiByte Ecosystem.

The DigiByte Ecosystem was built upon the notion that digital currency today really moves in only one direction – consumers ultimately get out.  If we as users of digital currency actually expect this process to change, we must build businesses and services around our coins that will engage the greater global markets to find utility with digital currency, and result in actual value for these coins.  The DigiByte Ecosystem is necessary to make everyone from the miner to the consumer to the merchant to see utility in carrying out transactions in these currencies, to prevent the significant downward pressure that coins like Bitcoin face today.

In order for digital currency to grow and reach this level of utility, it must have inherent benefits for the consumer.  Now for this issue, the proponents of digital currency are quick to say, “Why yes, there are many benefits for the consumer!” while in reality the far more analytical and pragmatic members of our global society are scratching their heads, trying to fairly and accurately answer this question.

It is a challenge in today’s world to try to figure out where the consumer will get benefit from digital currency.  Before you even get to the issue of the real world transaction (the holy grail of digital currency’s role in the global economy), you have some major issues to tackle:

1. Core Protocol
One area where most of the current digital currency community has error in its focus is in ensuring that there is a Coin core protocol set up to support the need for fast transactions, suitable block rewards, and fairness across the spectrum of mining setups. 

DigiByte delivers on all three.

DigiByte Payment Network today recognizes payments between users at lighting fast speeds, including instant notification of payment received and initial confirmation after 30 seconds. This is where consumers and merchants can immediately see great advantage over other currency offerings in the marketplace.

For miners, the opportunity to mine on DigiByte’s five algorithms that utilize a wide variety of computer hardware means everyone now has a chance to get in on the network.  Whether utilizing GPU’s, ASICs or CPU, everyone from the casual computer user to the gamer’s rig have the hardware necessary to begin mining DigiByte.  As explained in the next section, this is crucial to the security of the DigiByte Network.

2. Mining
The genesis of bringing digital currency into this world, mining by today’s standard is not only something best reserved for those who know how to do it, but in many cases, those who already have the money for the hardware needed.  For many digital currencies, including Bitcoin, the miner will need to invest substantial amounts of money to even have a fighting chance to be a part of the opportunity.

For DigiByte, we transitioned to a multi-algorithm mining process to allow an equal playing field for anyone out there who wanted to join, to have a chance to be a part of the network and a take on the profit of mining they would otherwise not be able to see with other coins.  This is extremely important, as a decentralized mining structure is crucial to the overall security of the network, and more miners means more decentralization.

Mining is one of the core focuses related to the overall DigiByte Ecosystem we are fostering.  In order to greatly ramp up the amount of miners out there and the hardware they can use to be relevant in the market, the DigiByte team believes mining should be as simple as pressing a button and letting your computer begin its work.  In order to get one step closer to a real world adoption of digital currency and furthermore DigiByte, this is not a convenience, but a crucial requirement.

3. Digital Currency Trading Platforms
One area where everyone can be in agreement today is that as far as digital currency goes, trading is still a major issue.  Although there are many solutions out there today to let you get out of your digital currency holdings, getting into a digital currency position is still a rough process.

Trading platforms are currently utilized to a large extent by the speculators in the market.  They have a need for trading platforms to get in and out of the currencies traded, quickly.  As time moves on and consumers view digital currency as a stored value and payment method rather than a speculative play, these platforms need to cater to the needs of the buying-in consumer, allowing them to more easily secure digital currency positions and tie these trading accounts to other financial and banking opportunities afforded to real world currency today.

The DigiByte Team is focused on developing and implementing such kinds of services with the vision to establish such kinds of trading, banking and financial opportunities surrounding digital currency.  As a means of creating the DigiByte Ecosystem, these developments will prove to be crucial for the non-mining consumer to enter the digital currency market, and leverage this influx of users with the hope of having a significant population of consumers with digital currency in their holdings, which leads to the next section.


4. Digital World Utility
In the digital world, we are borderless. Every day we interact with people from all backgrounds and nations, in search of something much more different than what our real world lives provide.  It is about connectivity, teaching, learning, entertainment, creativity and inspiration.  Many of us log onto the internet each day, and where it can take us is rarely predictable.  We have embraced the internet as our vehicle to the digital world.  Then why shouldn’t we consider digital currency as a way for us to pay and support what we believe in and desire in the digital world?

The DigiByte Team is dedicated to creating and collaborating to provide businesses and services built around the digital world.  The generation of simply “liking” what others have to say or they provide, or the idea of utilizing high fee alternatives like credit cards to pay for goods and services provided online is quickly coming to an end. 

Through social media platforms that range from keeping in contact with your friends, writing on topics that are important to you, messaging the world and letting them know your opinions, or simply watching streaming videos online, digital currency will prove to be a means of letting people know what you think, in a way that users can bank on.

The DigiByte Team is also focused on a key demographic of the digital world, which is the online gaming community.  As a large group of the DigiByte Team is in fact online gamers in their spare time (what spare time, we know!), our solutions are also driven towards this very interesting niche market, which in a recent study measured this figure to be at 700 million gamers worldwide! That is astonishing!  The DigiByte Team is already developing solutions and opportunities for the gaming community, and we believe that this mega community will be the next generation to bring value to digital currency in the world.

The DigiByte Ecosystem and the Real World Utilization of Digital Currency
Now we enter the final section of this open letter.  And what better way to do that then to speak to the holy grail of digital currency:
OK, we don’t have the simple answer now. What we do know is that initiatives like Apple Pay and CurrentC are accomplishing key changes to the consumer’s behaviors and preferences for real-world shopping: moving them away from magnetic strip plastic cards and using their mobile phones to initiate and process payments.

This is extremely important, as the consumer’s transaction behavior is already beginning to change.  From the consumer’s perspective, their needs will always remain the same, but their behaviors will change when it comes to available technology.  The benefits that the consumer will realize for digital currency will first come from the digital world.  With the combination of DigiByte having a recognized stored value, a means for carrying out a transaction and accumulation by the global market, DigiByte then will be very well positioned to take on real-world needs of global commerce channels.


With our vision and strategy in mind, we wanted to leave you with one parting thought on DigiByte, and the future of payments:

Let's spread the word far and wide!

Thank you!

We have had our head down, working hard to make things happen. We are very excited for the future of Digital Currency & DigiByte!

Dear AltCoin Community,

Its is with great pleasure that we make the following press announcement:

The DigiByte Team is pleased to announce the opening of two new companies and offices representing their full suite of products & services: DigiPay LLC of Santa Monica, California and DigiTrade International Limited of Hong Kong. With a private investment made for USD $250,000, the DigiByte Team now has the financial backing to build software and services around the DigiByte core protocol and bring DigiByte further into the digital and real world markets.

Through a strategic partnership with Tofugear Limited of Hong Kong, the DigiByte Team has now expanded to developing solutions in a global operation, to meet the ever-changing demands of the consumer.  In collaboration with Tofugear Limited’s strategic retail, wholesale and technical development partnerships, the DigiByte core protocol is currently being developed into a range of solutions that will revolutionize the consumer’s daily life.

DigiByte (DGB) is a rapidly growing worldwide professional decentralized payment network.  The DigiByte Development team holds offices in USA and Hong Kong, with community developers spanned globally.  DigiByte allow you to move money more securely over the internet similar to PayPal and Western Union, but with many improvements, including lightning fast transactions with minimal or no fees.  Users send and receive DigiBytes to or from any DigiByte address in the world in a matter of seconds, with no required sign up, registration, or hidden fees.

http://www.digibyte.co/blog/digibyte-receives-250000-investment-opens-global-offices

http://tofugear.com/

http://www.tofugear.com/en/case_studies#digibyte

Dear DigiByte Community,

Its is with great pleasure that we make the following press announcement:

The DigiByte Team is pleased to announce the opening of two new companies and offices representing their full suite of products & services: DigiPay LLC of Santa Monica, California and DigiTrade International Limited of Hong Kong. With a private investment made for USD $250,000, the DigiByte Team now has the financial backing to build software and services around the DigiByte core protocol and bring DigiByte further into the digital and real world markets.

Through a strategic partnership with Tofugear Limited of Hong Kong, the DigiByte Team has now expanded to developing solutions in a global operation, to meet the ever-changing demands of the consumer.  In collaboration with Tofugear Limited’s strategic retail, wholesale and technical development partnerships, the DigiByte core protocol is currently being developed into a range of solutions that will revolutionize the consumer’s daily life.

DigiByte (DGB) is a rapidly growing worldwide professional decentralized payment network.  The DigiByte Development team holds offices in USA and Hong Kong, with community developers spanned globally.  DigiByte allow you to move money more securely over the internet similar to PayPal and Western Union, but with many improvements, including lightning fast transactions with minimal or no fees.  Users send and receive DigiBytes to or from any DigiByte address in the world in a matter of seconds, with no required sign up, registration, or hidden fees.

http://www.digibyte.co/blog/digibyte-receives-250000-investment-opens-global-offices

http://tofugear.com/

http://www.tofugear.com/en/case_studies#digibyte