What is DESO

Learned by 2.0k usersPublished on 2024.03.29Last updated on 2025.01.26

3.93

-4.98%

  • Last Price3.93
  • Turnover (24h)885.52
  • All-Time High198.68
  • Total Supply10.8M
  • Fully Diluted Market Cap42.56M
  • Ranking763
  • Market Cap34.99M
  • All-Time Low2.7
  • Circulating Supply8.88M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

How to Buy Decentralized Social (DESO)Learn now

1. Project Introduction
Decentralized Social is a decentralized blockchain designed to support social networks and store-intensive applications. The project aims to create a new type of social platform, allowing users to post content and introducing "creator tokens," enabling content creators to monetize their work. DeSo also seeks to build a custom Layer 1 blockchain designed specifically for social media. Users' profiles and identities are stored on-chain and controlled by their private keys, which can be seamlessly transferred across applications in the DeSo ecosystem.
Summary: DeSo is a Layer 1 blockchain customized for decentralized social applications, offering features like on-chain data storage, creator tokens, and low-cost transactions. The DeSo ecosystem currently has over 100 apps, 4.84 million wallets, and 1.23 billion total transactions.
2. Team & Investment Info
Nader AI-Naji: Founder, previously launched Basis, a stablecoin project, and worked at Google as a software engineer.
Salil Shah: COO, formerly Senior Director at Meta and responsible for business development at Pinterest and Google.
Funding: September 2021 DeSo raised $200 million by selling DESO tokens, with investors including a16z, Sequoia Capital, Social Capital, and others.
3. Social Media URLs
X: https://x.com/desoprotocol
Discord: https://discord.com/invite/HFxzBkW5BJ
Youtube: https://www.youtube.com/@desoblockchain
4. Token Info
Token Symbol: DESO
Total Supply: 10,808,492
Token Type: DESO
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://explorer.deso.com/
Token Distribution:
Public Sale: 79%
Team: 18.5%
Mining (PoW): 2.5%
5. Related Links
Official Website: https://www.deso.com/
White Paper: https://docs.deso.org/about-deso-chain/readme
Other Info: https://www.rootdata.com/Projects/detail/DESO?k=MTAwOA%3D%3D

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How to Buy DESO

Welcome to HTX.com! We've made purchasing Decentralized Social (DESO) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Decentralized Social (DESO) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Decentralized Social (DESO)After purchasing your Decentralized Social (DESO), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Decentralized Social (DESO)Easily trade Decentralized Social (DESO) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

581 Total ViewsPublished 2024.03.29Updated 2025.03.21

What is DESO

1. Project IntroductionDecentralized Social is a decentralized blockchain designed to support social networks and store-intensive applications. The project aims to create a new type of social platform, allowing users to post content and introducing "creator tokens," enabling content creators to monetize their work. DeSo also seeks to build a custom Layer 1 blockchain designed specifically for social media. Users' profiles and identities are stored on-chain and controlled by their private keys, which can be seamlessly transferred across applications in the DeSo ecosystem.Summary: DeSo is a Layer 1 blockchain customized for decentralized social applications, offering features like on-chain data storage, creator tokens, and low-cost transactions. The DeSo ecosystem currently has over 100 apps, 4.84 million wallets, and 1.23 billion total transactions.2. Team & Investment InfoNader AI-Naji: Founder, previously launched Basis, a stablecoin project, and worked at Google as a software engineer.Salil Shah: COO, formerly Senior Director at Meta and responsible for business development at Pinterest and Google.Funding: September 2021 DeSo raised $200 million by selling DESO tokens, with investors including a16z, Sequoia Capital, Social Capital, and others. 3. Social Media URLsX: https://x.com/desoprotocolDiscord: https://discord.com/invite/HFxzBkW5BJYoutube: https://www.youtube.com/@desoblockchain4. Token InfoToken Symbol: DESOTotal Supply: 10,808,492 Token Type: DESOIssuance/Burn Mechanism: Fixed supplyContract Address: https://explorer.deso.com/Token Distribution:Public Sale: 79%Team: 18.5%Mining (PoW): 2.5%5. Related LinksOfficial Website: https://www.deso.com/White Paper: https://docs.deso.org/about-deso-chain/readmeOther Info: https://www.rootdata.com/Projects/detail/DESO?k=MTAwOA%3D%3D

2.0k Total ViewsPublished 2024.03.29Updated 2025.01.26

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