Decentralized Social Decentralized Social DESO
Follow
Show Coin Info
Price
19.7 USD
% Change
1.19%
Market Cap
206M USD
Volume
9.53M USD
Circulating Supply
10.5M
270% from all time low
909% to all time high
258% from all time low
705% to all time high
97% are in circulation
Circulating Supply
10,532,253.8854
Max Supply
10,808,492.6854

Decentralized Social (DESO) Feed: Events, News & Roadmap

Decentralized Social Events on the Chart

What is Decentralized Social?

DeSo is a layer-1 blockchain specifically designed to decentralize social media. Its core mission is to shift control from big-tech companies to individual users, creators, and developers. DeSo focuses on empowering creators and users by allowing them to own their identities, profiles, content, and social connections on the blockchain, fostering a creator-led, user-owned internet ecosystem.

DeSo provides a platform for developers to build decentralized social applications in a gasless, permissionless, and transparent environment. It supports storage-heavy applications and enables a range of social media functionalities on-chain, including profile creation, posts, social tokens (creator coins), tipping, and NFTs. These blockchain-native features facilitate new forms of monetization and interaction, like social NFT experiences and influencer stock markets. All social data on DeSo is treated as a public utility and stored on a decentralized ledger, accessible to a wide array of independent third-party apps.

The DeSo token underpins the ecosystem, functioning as the primary means of transaction and interaction within the DeSo blockchain. It offers cost-effective on-chain storage solutions, significantly lower than existing smart contract infrastructures. With plans to transition to a Proof of Stake consensus by the end of 2022, DeSo aims to achieve high transaction throughput and scalability, focusing on social-oriented features implemented efficiently on the blockchain.

2017-2024 Coindar