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DESO

Decentralized SocialDESO

Rank #247
Coin
On 23,958 watchlists

Decentralized Social Price (DESO)

$14.85
0.08%

0.0005059 BTC3.77%

0.007483 ETH3.28%

Low:$14.21
High:$15.96
24h
DESO  Decentralized Social DESO
Price:
$14.85
 0.08%
Market Cap
$131,908,357
0.08%
Fully Diluted Market Cap
$160,473,256
0.08%
Volume
24h
$943,390
64.21%
Volume / Market Cap
0.007152
Circulating Supply
8,884,536.00 DESO
82%
Max Supply
10,808,492
Total Supply
10,808,492

Decentralized Social to USD Chart

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DESO

Decentralized Social

USD

United States Dollar

DESO Price Statistics

Decentralized Social Price Today
Decentralized Social Price$14.85
Price Change24h$0.0123
0.08%
24h Low / 24h High
$14.21 /
$15.96
Trading Volume24h$943,389.82
64.21%
Volume / Market Cap0.007152
Market Dominance0.00%
Market Rank#247
Decentralized Social Market Cap
Market Cap$131,908,356.69
0.08%
Fully Diluted Market Cap$160,473,255.78
0.08%
Decentralized Social Price Yesterday
Yesterday's Low / High
$13.53 /
$15.96
Yesterday's Open / Close
$14.15 /
$14.64
Yesterday's Change

3.49%

Yesterday's Volume$726,952.72
Decentralized Social Price History
7d Low / 7d High
$12.45 /
$15.96
30d Low / 30d High
$7.92 /
$36.44
90d Low / 90d High
$7.92 /
$98.48
52 Week Low / 52 Week High
$0 /
$475.00
All Time High
Dec 13, 2021 (5 months ago)
$475.00
96.87%
All Time Low
Jun 16, 2021 (a year ago)
No Data
Decentralized Social ROI
No Data
Decentralized Social Supply
Circulating Supply8,884,536 DESO
Total Supply10,808,492 DESO
Max Supply10,808,492 DESO

DESO to USD Converter

DESO

Decentralized Social

USD

United States Dollar

DESO Price Live Data

The live Decentralized Social price today is $14.85 USD with a 24-hour trading volume of $943,390 USD. We update our DESO to USD price in real-time. Decentralized Social is up 0.08% in the last 24 hours. The current CoinMarketCap ranking is #247, with a live market cap of $131,908,357 USD. It has a circulating supply of 8,884,536 DESO coins and a max. supply of 10,808,492 DESO coins.

If you would like to know where to buy Decentralized Social at the current rate, the top cryptocurrency exchanges for trading in Decentralized Social stock are currently Coinbase Exchange, CoinEx, AscendEX (BitMax), Jubi, and Blockchain.com. You can find others listed on our crypto exchanges page.

What is DeSo?

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.

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.

Today, there are over a hundred apps built on the DeSo blockchain, including Diamond, NFTz, Polygram, DeSo Messenger, Cloutfeed, Supernovas, and more on DeSo List.

To learn more, make sure to check out the vision behind DeSo.

Who Are the Founders of DeSo?

DeSo was founded by Nader Al-Naji 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.

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.

In October 2021, the DeSo Foundation announced a $50 million developer fund, known as the Octane Fund.

What Makes DeSo Unique?

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.

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.

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.

Converter

DESO

Decentralized Social

USD

United States Dollar

DESO Price Statistics

Decentralized Social Price Today
Decentralized Social Price$14.85
Price Change24h$0.0123
0.08%
24h Low / 24h High
$14.21 /
$15.96
Trading Volume24h$943,389.82
64.21%
Volume / Market Cap0.007152
Market Dominance0.00%
Market Rank#247
Decentralized Social Market Cap
Market Cap$131,908,356.69
0.08%
Fully Diluted Market Cap$160,473,255.78
0.08%
Decentralized Social Price Yesterday
Yesterday's Low / High
$13.53 /
$15.96
Yesterday's Open / Close
$14.15 /
$14.64
Yesterday's Change

3.49%

Yesterday's Volume$726,952.72
Decentralized Social Price History
7d Low / 7d High
$12.45 /
$15.96
30d Low / 30d High
$7.92 /
$36.44
90d Low / 90d High
$7.92 /
$98.48
52 Week Low / 52 Week High
$0 /
$475.00
All Time High
Dec 13, 2021 (5 months ago)
$475.00
96.87%
All Time Low
Jun 16, 2021 (a year ago)
No Data
Decentralized Social ROI
No Data
Decentralized Social Supply
Circulating Supply8,884,536 DESO
Total Supply10,808,492 DESO
Max Supply10,808,492 DESO