Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $45,011,196,294 | Market Cap: $2,592,304,011,784
Decentralized Social
DESO
$15.84
Sector
Social Media
Exchange Debut
2021-06-17
Market Cap
166,836,567
Maxim Supply
10,808,493
Circulating Supply
10,532,254
Circ. Supply(%)
97.44%
Decentralized Social
DESO
Price
$15.84
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
924808
16.626385018366
15.310652371926
Change 24h
Change 7d
Change 30d
-4.4188
-2.4072
-11.8115
Maxim supply
Circulating supply
Circulating supply(%)
10,808,493
10,532,254
97.44%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Decentralized Social cryptocurrency:
In our fundamental analysis of the Decentralized Social cryptocurrency, we’ve found that it has achieved a commendable final score of 7.72 out of 10 based on a multi-criteria evaluation. Despite this favorable overall rating, there are still some noteworthy concerns, particularly regarding audit and security, a crucial factor for any cryptocurrency project.
The Decentralized Sociall cryptocurrency has a moderate social media presence, reflected in its social and media score of 6.6 out of 10. There is a decent level of interaction with its community, and it has gained some media coverage, a promising sign for increased market visibility. This presence on social media platforms is vital in the fundamental analysis of the Decentralized Social cryptocurrency, as it provides a window into the project’s reputation and engagement.
However, a pressing issue is the 2.35 out of 10 score in the audit and security category, indicating that the project should reinforce its security measures to better safeguard user assets. This low score could adversely affect user confidence in the project and necessitates urgent attention.
When it comes to tokenomics, the project shines with a 7.25 out of 10, suggesting a well-crafted token economy that prioritizes minimizing inflation and fostering the project’s sustainable growth. A fundamental analysis of the Decentralized Social cryptocurrency indicates that the token economics are well-planned and conducive to long-term growth.
The project scores an impressive 8.6 out of 10 for ecosystem development, suggesting that it’s making good on its roadmap commitments. The active community participation in the project’s governance and consistent updates in its Github repository are indicative of ongoing progress.
In the realm of product and utility, the project scores a high 9.6 out of 10, signaling a functional product with a considerable user base and revenue generation. The utility of the project extends beyond the crypto space, showing potential for extensive adoption.
Fundamental analysis of Decentralized Social cryptocurrency – The final conclusion
In conclusion, while our fundamental analysis of the Decentralized Social cryptocurrency reveals an overall robust score, there’s a glaring issue in the audit and security category that must be urgently addressed. By focusing on enhancing security measures to better protect user assets, the project could fortify its trustworthiness. However, the strong scores in other areas like ecosystem development, team, product, and utility suggest that DECENTRALIZED SOCIAL has great potential for success in the crypto market.
DeSo represents a more than two-year effort to create a blockchain capable of decentralizing the social media category, and we believe it presents the first clear path to solving the existing problems that plague social media today.
Today, social media is even more centralized than the financial industry was, prior to the creation of Bitcoin. A handful of private companies effectively control public discourse and earn monopoly profits off of content that they don’t even create.
Meanwhile, the creators who actually produce this content are underpaid, under-engaged, and under-monetized thanks to an outdated ads-driven business model.
In addition to all of this, the ads-driven business model also forces social media companies to keep a walled garden around content created on their platforms, preventing external developers from innovating or building apps on top of it and giving users and creators no choice but to continue using apps that solely they control.
These problems stem from the fact that the data and content created by users today are privately owned by a handful of companies, rather than publicly accessible as an open utility
- Latest analysis update: June 15, 2023
Decentralized Social - DESO performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
