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DESO
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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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.