What is Decentralized Social(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, Polygram, Cloutfeed, Pulse, Supernovas.
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.
Decentralized Social Price Prediction
If you’re looking for Decentralized Social price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Decentralized Social (DESO) will go in the future? We will analyze the past prices of Decentralized Social (DESO) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2022 | 61.13 | 62.97 | 73.42 |
| 2023 | 89.85 | 92.37 | 106.91 |
| 2024 | 131.83 | 135.53 | 154.04 |
| 2025 | 195.34 | 200.77 | 230.83 |
| 2026 | 281.68 | 291.72 | 335.59 |
| 2027 | 416.28 | 427.95 | 491.40 |
| 2028 | 618.78 | 640.18 | 728.75 |
| 2029 | 860.39 | 886.00 | 1,064.65 |
| 2030 | 1,251.82 | 1,287.26 | 1,491.85 |
| 2031 | 1,769.93 | 1,834.30 | 2,149.38 |
Decentralized Social Overview
| Coin Name | Decentralized Social |
| Coin Symbol | DESO |
| USD Price | $ 45.86 |
| Marketcap | $ 407,419,793 |
| 24h Volume | $ 283,710 |
| Total Supply | 10,808,492 |
Decentralized Social (DESO) Price Prediction
At reconshell.com we predict future Decentralized Social price predictions/DESO forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Decentralized Social. We do our best to collect maximum historical data for the DESO coin which include multiple parameters like past price, Decentralized Social marketcap, Decentralized Social volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Decentralized Social Price Prediction 2022
According to our deep technical analysis on past price data of DESO, In 2022 the price of Decentralized Social is predicted to reach at a minimum level of $61.13. The DESO price can reach a maximum level of $73.42 with the average trading price of $62.97.
Decentralized Social Price Prediction 2023
The price of Decentralized Social is predicted to reach at a minimum level of $89.85 in 2023. The Decentralized Social price can reach a maximum level of $106.91 with the average price of $92.37 throughout 2023.
DESO Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Decentralized Social is predicted to reach at a minimum level of $131.83. The DESO price can reach a maximum level of $154.04 with the average trading price of $135.53.
The price of 1 Decentralized Social is expected to reach at a minimum level of $195.34 in 2025. The DESO price can reach a maximum level of $230.83 with the average price of $200.77 throughout 2025.
Decentralized Social Price Prediction 2026
Decentralized Social price is forecast to reach a lowest possible level of $281.68 in 2026. As per our findings, the DESO price could reach a maximum possible level of $335.59 with the average forecast price of $291.72.
Decentralized Social Price Prediction 2027
According to our deep technical analysis on past price data of DESO, In 2027 the price of Decentralized Social is forecasted to be at around a minimum value of $416.28. The Decentralized Social price value can reach a maximum of $491.40 with the average trading value of $427.95 in USD.
Decentralized Social (DESO) Price Prediction 2028
The price of Decentralized Social is predicted to reach at a minimum value of $618.78 in 2028. The Decentralized Social price could reach a maximum value of $728.75 with the average trading price of $640.18 throughout 2028.
Decentralized Social Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Decentralized Social is expected to reach at a minimum price value of $860.39. The DESO price can reach a maximum price value of $1,064.65 with the average value of $886.00.
Decentralized Social (DESO) Price Prediction 2030
The price of Decentralized Social is predicted to reach at a minimum value of $1,251.82 in 2030. The Decentralized Social price could reach a maximum value of $1,491.85 with the average trading price of $1,287.26 throughout 2030.
Decentralized Social Price Prediction 2031
Decentralized Social price is forecast to reach a lowest possible level of $1,769.93 in 2031. As per our findings, the DESO price could reach a maximum possible level of $2,149.38 with the average forecast price of $1,834.30.
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.