What is DESO?
DESO is the native cryptocurrency of the DESO blockchain platform, which stands for Decentralized Social Blockchain. As the fundamental currency within this platform, DESO facilitates all transactions, from creating posts to tipping content creators across various decentralized social media applications built on it.
DESO can now be swapped for thousands of available assets on LetsExchange.io.
What are the main market indicators of the token?
The project was launched in June 2021. The total market capitalization of DESO is $196,297,180, with an all-time low of $5.33, and an all-time high of $198.68. Now the project is ranked as 274. Now, the DESO token is available for swaps on LetsExchange.io.
What else makes us believe that DESO may be a wise investment?
DESO has attracted attention for its ambitious mission to decentralize social media, a vision that has not only garnered interest from technology enthusiasts but also from notable figures and investors in the blockchain and social media spaces. Unlike traditional social media platforms that control user data, DESO empowers creators by putting ownership of data and content in their hands. This aligns with the growing trend of Web3 and user-centric online experiences.
DESO utilizes a novel blockchain specifically designed for social media functionalities, potentially leading to a more seamless and efficient social media experience. The team behind DESO boasts experience in social media and blockchain technology. DESO’s infrastructure is designed to keep transaction costs significantly lower than other blockchains, making it more accessible for everyday social media use. Moreover, DESO’s vision of becoming the unified social layer of Web3, with its recent MetaMask integration, indicates a strategic move towards interoperability with other blockchain ecosystems.
The DESO website is visited by over 123K visitors. The project has over 118K followers on Twitter.