Improving the well-being of users on social networks through blockchain technology.
Desmos is a blockchain built on top of the Cosmos SDK and based on the Tendermint consensus engine specific for social networking apps. It uses game theory and on-chain governance to decentralize the business model of social networks prioritizing the interests of users.
Desmos Token (DSM) is the native staking token of the Desmos chain which serves as a license for its holders to contribute to the security and governance in exchange for incentives.
Social networks have now become an irreplaceable element in the digital and** economic** landscape. If you are a founder, an investor, a programmer, a validator or a user and you are looking for a great idea, why not discovering** Desmos**?
Desmos Chain (“Desmos”) is a blockchain specifically designed for social networking apps to decentralize the business model of social networks such that the interests of users will be prioritized.
More than 140 million businesses are using Facebook family of apps to find new customers, hire employees or engage with their communities.
The money they spend must go back into the pockets of the users that make this possible thanks to the distribution of their personal data.
In some countries social media posts are automatically censored depending on their content. Decentralized social networks do not allow this type of censorship, allowing users greater** freedom of speech.**
We believe that every project, even the already existing ones, should dedicate a space to the** interaction** between people and engagement with the community. Desmos can be easily** integrated **with your project giving it an added value: the one of humanity and sharing.
When we believe in Desmos, we actually believe in the potential of our future. Decentralized social networks will forever open the way to the **well-being **of users around the world.
Cryptocurrency will be the basis of decentralized social networks. 💸 Consumers will optionally share their data in return for crypto and, by creating a financial incentive, they’ll be motivated to improve the overall quality of social media.
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