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Decentralized Social

Decentralized Social

DESO
$1.1184Down 1.52 percent($0.02)

Key Stats

Market Cap$14.48MDown 1.52 percent
Volume (24h)$534.65
Fully Diluted Value$12.09M
Vol/Mkt Cap (24h)0.00%
Total Supply10.81M DESO
Max Supply10.81M DESO
Circulating Supply12.95M DESO
Launch Date2021-03-01

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About Decentralized Social

Decentralized Social (DESO) is a blockchain-based platform intended for the creation and operation of decentralised social media applications. It addresses issues linked with centralised platforms, such as data privacy, content censorship, and monetisation. Users retain control over their data, enhancing privacy and reducing exploitation risks. Content creators can monetise their work through mechanisms like NFTs, tips, and subscriptions, bypassing intermediaries. By decentralising content storage and distribution, DESO seeks to lessen censorship and support free expression. Additionally, DESO is designed to manage high volumes of transactions and data, making it appropriate for high-traffic social applications. Nader Al-Naji founded DESO, which combines the open financial system features of cryptocurrencies with a scalable database infrastructure​.

Frequently Asked Questions

Decentralized Social (DESO) is a blockchain-based platform designed to support the development and operation of decentralised social networks and applications. It aims to address the challenges posed by centralised social media platforms, such as data privacy concerns, censorship, and lack of content creator monetisation. DESO provides a scalable infrastructure that allows developers to create social media applications where data ownership and control are decentralised.

DESO is used to build and run decentralised social media applications. The platform offers several key features and functionalities. Users retain control over their data, ensuring privacy and reducing the risk of data exploitation by centralised entities. Content creators can monetise their work directly through various means such as NFTs, tips, and subscriptions, bypassing traditional intermediaries. By decentralising content storage and distribution, DESO aims to minimise censorship and provide a more open and free platform for expression. DESO is designed to handle a large number of transactions and data, making it suitable for high-traffic social media applications.

Decentralized Social (DESO) was founded by Nader Al-Naji. He is an entrepreneur with a background in computer science and finance. Al-Naji's vision for DESO is to create a more democratic and user-centric social media ecosystem that addresses the shortcomings of existing centralised platforms.