Decentralized Social (DeSo) is a layer-1 blockchain designed specifically for building decentralized social media applications. It aims to empower users and creators by giving them ownership of their data, content, and interactions. DeSo addresses the limitations of traditional blockchain networks in handling complex social media interactions, ensuring scalability, security, and innovation. It features decentralized identity, end-to-end encrypted messaging, and monetization options like NFTs, DAOs, and social tokens. DeSo is optimized for storage-heavy applications and allows users to create one profile that can be used across multiple apps, ensuring a seamless and decentralized social media experience.
Decentralized Social (DESO) is a blockchain-based social media platform that empowers users to control their data and earn rewards. Here's how it is used:
User Profiles and Content: Users create profiles and share content, maintaining ownership and control over their data. This is in contrast to traditional social media platforms where centralised entities control user data and content.
Social Tokens: Users can mint and distribute their own unique social tokens, representing their personal brand or community. These tokens can be purchased and traded, allowing creators to monetize their content.
Decentralized Marketplace: DESO provides a marketplace where users can buy and sell social tokens and NFTs. This fosters an ecosystem of value exchange within the platform.
Monetization: Social tokens can unlock special features, privileges, or exclusive content, incentivising users to engage and participate actively. Additionally, creators can earn through NFTs, DAOs, Crypto Tips, and other money-native primitives.
Interoperability: Blockchain developers can create apps on the DESO blockchain, which enjoy a high degree of interoperability. This allows for a network of social media apps rather than a single platform.
Censorship-Resistance: Content is stored on the DeSo blockchain, ensuring that users own their content and can prevent censorship.
Decentralized Identity: Users' profiles, followers, content, and social graphs are portable across hundreds of apps throughout the DeSo ecosystem.
End-to-End Encryption: Users can use end-to-end encryption to prevent any middle-man from seeing their content.
Overall, Decentralized Social (DESO) offers a unique ecosystem where users are in control of their data and can monetize their content through various crypto-native tools.
To store Decentralized Social (DESO) tokens, you have several options:
Exchanges' Wallets: You can store your DESO tokens on exchanges' wallets, such as Binance Wallet. This is a convenient option, but keep in mind that exchanges' wallets are "hot wallets," meaning they are always online and potentially vulnerable to hacks.
Crypto Wallets: You can store your DESO tokens on crypto wallets like Trust Wallet. These wallets offer more security than exchanges' wallets but are still online and thus considered "hot wallets".
Cold Wallets: For maximum security, you can use cold wallets, which are offline and not connected to the internet. There are two types of cold wallets:
- Paper Wallets: You can generate a public and private key offline and print them on a piece of paper. This method is highly secure but requires manual management.
- Hardware Wallets: These are physical devices that store your cryptocurrency. They are highly secure and preferred by many users for storing large amounts of coins or tokens.
- MetaMask Integration: If you use MetaMask, you can integrate it with DeSo to manage your DESO tokens. This integration allows for seamless interaction between DeSo and Ethereum ecosystems.
Choose the method that best fits your needs and security preferences.
To buy Decentralized Social (DESO) tokens, follow these steps:
Choose an Exchange: Select a reputable cryptocurrency exchange that supports DESO trading. Some popular options include Coinbase, AscendEX, and Gate.io.
Create an Account: Register on the chosen exchange by providing the required information, including photo identification and a valid email address. Verify your account to ensure you can make transactions.
Deposit Funds: Add funds to your exchange account using a debit card, credit card, wire transfer, or Bitcoin (BTC). The available deposit methods may vary depending on the exchange and your location.
- Buy DESO: Use your deposited funds to purchase DESO tokens. You can do this by selecting DESO from the list of available assets and entering the amount you want to buy. Confirm your purchase to complete the transaction.
Additionally, you can also use HeroSwap to buy DESO anonymously with BTC, ETH, SOL, USDC, USDT, and more without signups or wallet connections.