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Decentralized Social DESO

Decentralized Social Price (DESO)
$6.58
10.08% Buy DESO Now

0.0020 ETH

0.0000678 BTC

Buy DESO Now
Low: $5.98
High: $7.48
24h
Market Cap
$58,423,837
10.08%
Fully Diluted Market Cap
$71,075,582
10.08%
Volume
24h
$234
30.24%
Volume / Market Cap
0.00000400
Circulating Supply
8,884,536 DESO
82.20 %
Max Supply
10,808,492
Total Supply
10,808,492

Decentralized Social (DESO) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

2.62%

Joined at Sep 21, 2021

Following

137

0.00%

Tweet count

4,610

0.11%

Decentralized Social reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Decentralized Social (DESO) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Decentralized Social telegram
Telegram Stats

Members

-

Title

-

Currently, official Decentralized Social (DESO) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Decentralized Social traffic
Website Traffic
Visit Website

Website Rating (DR)

62 / 100

0.00%

Ahrefs Rank

229,283

0.94%

Organic Traffic (mo.)

0

Decentralized Social github
GitHub Organization
Visit GitHub

Public repos

Created at Oct 12, 2020

Type

Organization

Decentralized Social github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Decentralized Social (DESO) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers : 122,482


Live DESO Price Analysis

The current real time Decentralized Social price is $6.58, and its trading volume is $234 in the last 24 hours. DESO price has grew by 10.08% in the last day, and increased by 57.70% in the last 7 days. It’s important to note that current Decentralized Social market capitalization is $58,423,837, and the maximum supply is 10,808,492 DESO coins. Talking about circulating supply, DESO has 8,884,536 coins. Currently, Decentralized Social rank on the market is #422.

Decentralized Social price today is 96.69% below all time high, and it is 0.00% below all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling DESO are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Decentralized Social?

The Decentralized Social coin, or DESO, is the official cryptocurrency native to the Decentralized Social platform. The latter is a blockchain-based solution aimed at decentralizing social media platforms.

DESO is mainly used as a medium of exchange on the DeSo platform.

There is a total supply of 10,800,000 DESO coins of which more than 90% are in the circulating supply. They have been distributed by utilizing a bonding curve:

  • 8,500,000 - Initial Bonding Curve Distribution;
  • 2,000,000 - Founding Team;
  • 275,000 - Mining.

No individual or group can hold more than 5% of the total DESO supply. The only exception is the founding team which holds around 20% of DESO.

You can have a more in-depth look at DESO price history or the current Decentralized Social price on the graph above.

What are the Main Features of Decentralized Social?

As discussed in the What is Decentralized Social section, DeSo is a Layer1 blockchain solution designed to help scale social media platforms that are generally storage-heavy. To put it simply, it enables creators to store their content on the blockchain in a cost-efficient manner.

Some of its unique features include on-chain profiles, creator coins, social NFTs, and an exclusive tipping mechanism called Diamonds. These features provide a way for fans to show love to their favorite creators.

Additionally, the Decentralized Social Foundation offers a unique opportunity for social platform developers to receive backing via the Octane Fund.

One of the primary goals of DeSo is to decentralize social media and empower content creators instead of corporations.

As of 2022, there are more than 200 social apps that were developed and launched on DeSo. Some of them include Diamond, Cloutavista, Polygram, AfterParty, and Supernovas, among many others.

All content published on the DeSo network is portable to other DeSo-based applications due to on-chain indexing. This means that if a creator has posted an image on one DeSo-based application, they can transfer it to another one without a hassle.

DeSo operates using a type of Proof-of-Work (PoW) consensus mechanism, however, the core team is working on a new method of reaching a consensus that’s supposed to be implemented by the end of 2022.

Moreover, it’s an open-source project. This means that its code is publicly available for anyone to review.

Who Developed Decentralized Social?

The Decentralized Social crypto project was launched in early 2019. It’s a California-based company founded by Nader Al-Naji - an experienced software engineer who has been in the crypto space since 2012. He’s currently the Head of the DeSo Foundation.

Nader Al-Naji went to Princeton University, where he earned his bachelor’s degree in Computer Science. Immediately after graduation, he started working at D.E. Shaw & Co. in algorithmic trading. Around a year later, Nader Al-Naji joined Google as a software engineer closely working with Google Ads and Google Search teams.

DeSo is not the first blockchain-based project of  Nader Al-Naji. He also co-founded his first company, Basis, along with Lawrence Diao and Josh Chen. The founding team was able to raise around 133,000,000 US Dollars for the Basis project.

If you're considering investing, don't forget to check the DEO price on the graph above before making any purchase decisions.

What's Decentralized Social trading volume in the last 24 hours?

DESO has a trading volume of $234 in the last 24 hours.

What's Decentralized Social highest price ever?

DESO has a highest price of $198.84, which was reached on Jun 19, 2021 (3 years 5 months ago).

What's Decentralized Social lowest price ever?

DESO has a lowest price of $0.00, which was reached on Jun 16, 2021 (3 years 5 months ago).

What are the best exchanges for buying and selling DESO?

Currently, the most active and dominating exchanges for buying and selling Decentralized Social are Binance, Kraken & Kucoin. The most popular Decentralized Social trading pairs are DESO/USDT (on CoinDCX ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping DESO?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Decentralized Social. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Decentralized Social Price
$6.58
Price Change 24h
$0.6629
10.08%
24h Low / 24h High
$5.98 /
$7.48
All Time High
Jun 19, 2021 (3 years 5 months ago)
$198.84
96.69%
All Time Low
Jun 16, 2021 (3 years 5 months ago)
$0.00
0.00%
Trading Volume 24h
$234
30.24%
Volume / Market Cap
0.00000400
Market Dominance
0.00%
Market Rank
#422
Market Cap
$58,423,837
10.08%
Fully Diluted Market Cap
$71,075,582
10.08%

Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Decentralized Social project's Circulating Supply has been verified and is equal to:

Circulating Supply

8,884,536 DESO

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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