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Decentralized Social (DESO) is a cryptocurrency . Decentralized Social has a current supply of 10,808,492 with 8,884,536 in circulation. The last known price of Decentralized Social is 32.75799358 USD and is down -4.66 over the last 24 hours. It is currently trading on 8 active market(s) with $711,557.94 traded over the last 24 hours. More information can be found at https://deso.org.

Decentralized Social

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     <h1 id="what-is-deso">
      What is DeSo?
     </h1>
     <p>
      DeSo is a new type of blockchain designed to power Web 3.0 decentralized social networks. Since its inception in 2019, DeSo aims to solve the problems created by present social media centralization.
     </p>
     <p>
      Today, a handful of private companies effectively control public discourse, earning monopoly profits; meanwhile, the creators who actually produce the content are often underpaid and under-engaged. In contrast, DeSo’s social blockchain treats social media content as a public utility, making it permissionless and available to anyone. DeSo combines the paradigm of open P2P financial system offered by cryptocurrencies with an efficient and scalable database infrastructure, tailored to bring about the next-generation of Web 3.0 social networks.
     </p>
     <p>
      Today, there are over a hundred apps built on the DeSo blockchain, including
      <a href="#" rel="noopener nofollow" target="_blank">
       Diamond
      </a>
      ,
      <a href="#" rel="noopener nofollow" target="_blank">
       Polygram
      </a>
      ,
      <a href="#" rel="noopener nofollow" target="_blank">
       Cloutfeed
      </a>
      ,
      <a href="#" rel="noopener nofollow" target="_blank">
       Pulse
      </a>
      ,
      <a href="#" rel="noopener nofollow" target="_blank">
       Supernovas
      </a>
      .
     </p>
     <p>
      To learn more, make sure to check out
      <a href="#" rel="noopener nofollow" target="_blank">
       the vision
      </a>
      behind DeSo.
     </p>
     <h1 id="who-are-the-founders-of-deso">
      Who Are the Founders of DeSo?
     </h1>
     <p>
      DeSo was founded by
      <a href="#" rel="noopener nofollow" target="_blank">
       Nader Al-Naji
      </a>
      in January 2019. After graduating Princeton University, Al-Naji worked as a software engineer at the D. E. Shaw Group and later at Google on the Google Search and Google Ads teams. Before DeSo, he raised over $133M to start an algorithmic stablecoin Basis in 2017.
     </p>
     <p>
      The DeSo blockchain is supported by the non-profit DeSo Foundation, whose broad mission is to support the decentralization of social media. Al-Naji is currently the chairman of the board of the DeSo Foundation, with a $200 million treasury behind it to support its mission.
     </p>
     <p>
      In October 2021, the DeSo Foundation announced a $50 million developer fund, known as the
      <a href="#" rel="noopener nofollow" target="_blank">
       Octane Fund
      </a>
      .
     </p>
     <h1 id="what-makes-deso-unique">
      What Makes DeSo Unique?
     </h1>
     <p>
      The DeSo blockchain supports not only traditional social features like creating profiles and posts, but also novel blockchain-native features like social tokens (creator coins), tipping, and NFTs. These features unlock vast new categories of money-enabled products, from social NFT experiences to influencer stock markets. These features enable creators to more effectively monetize their content and connect with their followers on DeSo-powered apps.
     </p>
     <p>
      Because DeSo treats social data as a public utility, creators aren't locked-in to a handful of centralized apps. All content on DeSo is stored on a decentralized ledger and is immediately available to a large and growing network of independent third-party apps, akin to DeFi applications on the Ethereum blockchain.
     </p>
     <p>
      DeSo's biggest advantage lies in the fact that it is not a general-purpose blockchain. Instead, it supports a narrow set of social-oriented features that it implements on bare metal, using custom indexes that every node builds during consensus when it syncs from its peers. This allows the DeSo blockchain to reach highly-scalable storage capabilities that are unparalleled by any general-purpose blockchain. For instance, the cost of 1 GB of on-chain storage on DeSo is as low as 1 DeSo, whereas even the best existing smart contract infrastructures require millions ($1,000,000+) of dollars to achieve the same. DeSo has also announced switching to a Proof of Stake consensus by the end of year 2021, which is expected to reach a throughput of hundreds of thousands transactions per second, owing to the strictly defined transaction schema.
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description

<h2>What is Decentralized Social (DESO)?</h2>
<p>Decentralized Social (DESO) is known as a Layer 1 Blockchain built for decentralized social applications. The platform has built a system where people can be held accountable to their data sources, instead of through some other intermediary. In the Decentralized Social model, it is the user who decides what content is distributed and how it is used.</p>
<p>In fact, Decentralized Social is the first social network based on Blockchain technology. IPFS integration platform &ndash; interplanetary file system. It is a distributed file system that connects all computing devices to the same file system. Connecting to IPFS makes Decentralized Social resilient against malicious and DDoS attacks. Because, data on Decentralized Social is not stored in a single location, allowing all users to access and contribute to decentralized social networks.</p>
<p>Decentralized Social is a tool that allows users to discover, connect and collaborate around common interests while maintaining privacy for participants. This is done by Decentralized Social by giving users complete control over their social interactions.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://wiki.tino.org/wp-content/uploads/2022/01/word-image-26.png" alt="Decentralized Social l&agrave; g&igrave;? Th&ocirc;ng tin chi tiết về dự &aacute;n Decentralized Social" width="741" height="417" /></p>
<h2>How does Decentralized Social work?</h2>
<p>The Decentralized Social network is built on tokens on the Ethereum (ETH) Blockchain. Simply put, DESO coin on Decentralized Social can be freely exchanged between many peer users. At the same time, this coin is also used as a payment fee for microservices in the network. For example posting content, tagging other users, commenting, liking posts, etc.</p>
<p>DESO also acts as a tool to encourage user behavior. That is, each user action is paid in DESO coin. This typically applies to activities such as voting, posting content, and receiving notifications on Decentralized Social. The more actions taken on Decentralized Social, the higher the coin fees you have to pay due to inflation. In particular, to encourage users to continue to accompany the network and develop the Decentralized Social community, 25% of the coin fees will be distributed to DESO coin holders through Smart Contract.</p>
<p>Besides, Decentralized Social is also built on the principle of Token Curated Registries (TCR). This is the mechanism used to incentivize the hierarchical production of high-quality listings. As a result, list members can efficiently sort the allowed list items.</p>
<p>With TRC on Decentralized Social, DESO coin holders are allowed to vote on submissions to the list, with each action being a submission to the list itself. If a user wants to add or remove an item from the list, they have to pay a fee in DESO coin to be on that list.</p>
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<h2>Basic features of Decentralized Social</h2>
<h3>Profile on chain</h3>
<p>All user records are stored on-chain and controlled with their own private key. Thanks to this feature, Decentralized Social makes it possible for participants' identities to flexibly move between applications in the network's ecosystem.</p>
<h3>Social NFT</h3>
<p>These are NFT Socials created on Decentralized Social, linked to celebrity profiles and can be displayed on buyer profiles. This function helps to increase the value as well as enhance the provenance of NFTs to become more prestigious.</p>
<h3>Social tokens</h3>
<p>These are Social tokens on Decentralized Social. Most profiles created on Decentralized Social have their own social token attached. These Social tokens can be earned from selling NFTs. In the future, creators can participate in activities on Decentralized Social to own Social tokens.</p>
<h3>Social Tipping</h3>
<p>In fact, Decentralized Social is a Blockchain, so integrating Tipping features is extremely easy. Tips can be directly integrated into content on Decentralized Social. The network, for example, allows users to give 'diamonds' to posts instead of just showing 'likes'.</p>
<h3>On Chain Posts</h3>
<p>On Chain Posts are posts on the Decentralized Social chain. Posts and replies are both stored directly on the thread. This means that user content can flexibly move across any application in the Decentralized Social ecosystem.</p>
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<h2>Road Map</h2>
<p>Updating.....</p>
<p><strong>Read Full Article: <a href="https://coincu.com/currencies/deso-deso/stories/">Click Here</a></strong></p>

All about

<h2>TEAM</h2>
<p>Updating.....</p>
<h2>BACKERS</h2>
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Team and Backers

<p>Decentralized Social is a blockchain developed specifically for decentralized social applications. Currently, there are more than 200 applications built on Decentralized Social with more than 1.4 billion USD of transaction volume on the network, with these impressive numbers we can partly see the development trend of applications. future decentralized society.</p>

Verdict

<h2>Key Metrics Token DESO</h2>
<ul>
<li>Token Name: Decentralized Social</li>
<li>Ticker: DESO</li>
<li>Contract: Updating</li>
<li>Token Type: Utility</li>
<li>Total Supply: 10,808.492 DESO</li>
<li>Circulating Supply: 10,532,253 DESO</li>
</ul>
<h2>Token Allocation DESO</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1659183167167.image" width="606" height="343" /></p>
<ul>
<li>Initial Bonding Curve Distribution: 78.7% coins allocated for the sale of coins through the form of Bonding Curve.</li>
<li>Mining: 2.8%</li>
<li>Founders: 18.5% of coins allocated to the team building and developing the Decentralized Social network.</li>
</ul>
<h2 id="ftoc-heading-11" class="ftwp-heading"><strong>Token Release Schedule</strong></h2>
<p>Updating.....</p>
<h2>Token Use Case</h2>
<p>DESO is the official coin in the Decentralized Social ecosystem. The coin is used as an asset to transact and administer the Decentralized Social network.</p>
<p>&nbsp;</p>

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