Desmos (cryptocurrency)
The blockchain to build decentralized social networks. | $DSMDevelop the next generation of social media with us.
All edits by Ivan Mironov
Desmos (cryptocurrency)
TheA blockchain which protocolserves as the backbone to buildempower openthe anddevelopment decentralizedof user-centric social networks.
Cross-platform
Desmos Profile aims to provide proof of identity by linking users’ identities from centralized social networks and different “proof of X” blockchains.
Desmos fixed these. It empow
ers the development of user-centric social networks through below designs:
No centralized control
The network is operated by DSM stakers & validators in a decentralized manner based on game theory.
Public & open-source development
Desmos will keep improving through the contribution by the community.
Engagement yield farming
Users can earn DSM by participating in the networks actively.
Decentralized proof of identity
Users can link up their profiles on decentralized and centralized worlds to create their cross-chain Desmos Profiles.
Privacy Issues
Centralized social networks generate income by infringing on the privacy of their users.
Decentralized verification
Censorship
Centralized social networks censor users’ contents which are good for our community but bad for the centralized authority.
Cross-platform
Desmos Profile aims to provide proof of identity by linking users’ identities from centralized social networks and different “proof of X” blockchains.
Decentralized verification
Incentivized to become verified
We encourage pseudo-anonymous social networking. But if users link more of their profiles to Desmos Profiles, they will be rewarded.
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