Decentr

Decentr

DEC
$0.004107816%0.25

Key Metrics

Price$0.004107816
Real Volume (24H)$141,337.98
Marketcap$446,797.47
Fully Diluted ValuationN/A
ATH$0.610172
ATH Date2/11/2021, 8:27:37 PM
ATL$0.00150046
ATL Date12/24/2022, 5:36:27 PM
Circulating Supply109M
Total Supply1B
WebsiteN/A
WhitepaperN/A
Popularity Rank2861
Chart
What is Decentr?

Decentr (DEC) is an open-source platform that aims to revolutionize the way internet users interact with applications developed with distributed ledger technology (DLT). The platform's primary objective is to create a decentralized data exchange system to enhance access to empirical research materials worldwide, with concessions to underdeveloped and developing nations.

The platform aims to develop an Internet of Value (IoV) by using data as currency for a sustainable data economy. Decentr believes that data is the new currency and aims to empower users by allowing them to manage and pay with Personal Data Value (PDV), which is a personalized "exchange rate" distinctive to each user. This will enable users to extract value from their data, which has been traded by centralized firms for over a decade.

Decentr's vision is to provide a web-browsing experience that allows users to surf the internet with a payable value. It aims to create a secure, open-source platform that decentralizes current centralized data-exchange systems, similar to how blockchain solutions decentralize digital trades, solving the data storage/sharing paradox.

The platform offers several features, including the Decentr Web Browser and Web Browser Add-on, which allows individuals to connect with user-centric Web 3.0 applications. Users can pay and trade while accessing a range of native DeFi features, including dPay and dLoan (the native cryptocurrency trading feature). Decentr's web browser and platform act as a "portal to Web 3.0/4.0," enabling users to stake or become a validator with ease.

Decentr Browser for Mac Browser/Windows/Mac OS/Linux/Android Beta is a browser with speed, security, and utility. It supports all transactions, validators, and blocks, making it easy for users to manage their transactions. The platform offers a blockchain explorer that combines all the essential information related to native blockchain activity. It also offers a source code that is an open-source ecosystem.

DEC is the native token of the platform and is tradable as a utility token, avoiding difficult SEC compliance regulations associated with security tokens. The "utility" further opens up possibilities for expanding financial tools for the uncredentialed because of automated anti-money laundering (AML) and KYC (Know Your Customer) compliance as part of the Decentr/DecID site protocols. Thus, DEC aims to support a safe, secure, and immutable data economy.

The Decentr team includes Nikita Anikeev, CTO; Rich James, CCO; Paul Sluszko, COO; Hleb Ioda, DevOps, and others. They developed the platform out of the love for science, with the primary aim of decentralizing peer-to-peer review of scientific research articles. Their mission is to develop a decentralized database consisting of a series of research journals that are affordable, rewarding, and accessible worldwide. The database will be enriched with the most innovative and revolutionary articles, following thorough vetting and peer-review by renowned authorities.

In conclusion, Decentr (DEC) is a platform that offers a gamified and rewarding learning experience with new courses uploaded weekly. It provides educational content to provide users with the necessary knowledge and tools needed to engage, navigate, and participate in blockchain. Users can earn points from the moment they enroll in a course until they finish it. For completing lessons, quizzes, and courses, users get extra points for getting a quiz score of 90% or higher. They can convert the points collected for real Crypto rewards, NFT's, and unlock new Decanect features such as creating groups. With Decentr, users can access a sustainable data economy and extract value from their data, which has been traded by centralized firms for over a decade.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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