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Cryptocurrencies/Coins/Decentralized Social (DESO)
Decentralized Social price, market cap on Coin360 heatmap

Decentralized Social(DESO)

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$10.0105
(10.64%)
0.00058289 BTC
Market Cap (Rank#218)
$88,938,409
5,179 BTC
Vol 24h
$478,329
27.8521 BTC
Circulating Supply
8,884,536
Max Supply
10,808,492
16 days agocryptopotato
Decentralized Social Names Former Meta Exec as COO
[PRESS RELEASE – Los Angeles, California, 22nd November 2022] Salil Shah joins DeSo after holding exec roles at Meta and Pinterest, most recently leading global go-to-market for Meta Fintech Key Takeaways Salil Shah, former Meta, and Pinterest executive, has joined DeSo, a blockchain platform that has raised $200 million from Sequoia, Andreessen Horowitz, CAA, and […]
17 days agocryptodaily
Decentralized Social Names Former Meta Exec as COO
Los Angeles, California, 22nd November, 2022, ChainwireSalil Shah joins DeSo after holding exec roles at Meta and Pinterest, most recently leading global go-to-market for Meta Fintech Key Takeaways Salil Shah, former Meta, and Pinterest executive, has joined DeSo, a blockchain platform that has raised $200 million from Sequoia, Andreessen Horowitz, CAA, and Coinbase. The announcement comes as DeSo has experienced two consecutive months of over 120% Month over Month growth, particularly as consumers seek open, decentralized alternatives with the turmoil at Twitter Shah's motivation for joining stems from his belief that DeSo has the potential to transform the creator economy. DeSo is the first layer-1 blockchain capable of supporting content-rich social applications, and has raised over $200 million in funding from Sequoia, Andreesen Horowitz, Coinbase, CAA, and others. DeSo is well positioned to power next-generation web3 apps that give more ownership, transparency, and control to both creators and their fans. After years spent building the category-defining technology underlying the platform, DeSo has now hired Salil Shah to scale the business. Shah has deep experience in business development, go-to-market, and partner ecosystems, most recently leading global go-to-market for Meta’s Fintech group. With Shah’s expertise, DeSo is primed to accelerate its mission to re-imagine the creator economy, and expand the scope of web3 from purely financial applications to creator-focused social applications. “Empowering and supporting creators is a mission I’m deeply passionate about,” Shah says. Shah adds that DeSo has built “the first blockchain platform that allows social content to be stored directly on-chain, giving creators more ownership, the ability to engage with fans across platforms, and the opportunity to build direct financial relationships with fans.” “I’m excited to join this incredible team and partner with Nader to build the business as the industry moves towards the next phase of the creator internet, powered by web3,” he continues. Shah will complement DeSo founder Nader Al-Naji’s deep technical expertise with his extensive business experience as a tech executive and strategy leader. Leading an Emerging Category Shah joins as the emerging category of “decentralized social” is showing signs of early growth, with DeSo recently experiencing 120% month-over-month growth (following 160% growth the previous month). "This growth is being driven by DeSo's ecosystem of hundreds of third-party apps, which are now starting to find retention," says Al-Naji. For example, Diamond and Desofy have earned creators over $20 million in their early days off of novel monetization primitives like social tipping, social NFTs, and social tokens. Several promising apps have recently launched on the DeSo platform, including Pearl, a web3 Instagram, NFTz, a decentralized NFT marketplace, and DAODAO, a social Kickstarter-like fundraising tool. And tools like OpenProsper, a social block explorer, provide data and insights into the growing DeSo ecosystem of developers, partners, and users. "We're seeing a flywheel start to form," says Al-Naji. "Now that we have a seed of users and content, developers are building apps like never before, which is growing usage and content even more in a virtuous cycle." About DeSo DeSo is a new layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy applications to billions of users. The DeSo mission is to decentralize social media the same way Bitcoin and Ethereum decentralized finance. You can learn more about DeSo and claim your username on deso.com.ContactGrowth Marketing LeadArash GhaemiDeSo [email protected]
31 day agocryptopotato
Former Meta and Pinterest Executive Joins Sequoia-Backed Decentralized Social as COO
[PRESS RELEASE – Los Angeles, United States, 8th November 2022] Seasoned tech exec brings deep expertise in business development, partner ecosystems, and go-to-market to DeSo, the leader in blockchain technology for creator content. Key Takeaways Salil Shah, former Meta, and Pinterest executive, has joined DeSo, a new blockchain platform that has raised $200 million from […]
31 day agocryptodaily
Former Meta and Pinterest Executive Joins Sequoia-Backed Decentralized Social as COO
Los Angeles, United States, 8th November, 2022, ChainwireSeasoned tech exec brings deep expertise in business development, partner ecosystems, and go-to-market to DeSo, the leader in blockchain technology for creator content. Key Takeaways Salil Shah, former Meta, and Pinterest executive, has joined DeSo, a new blockchain platform that has raised $200 million from Sequoia, Andreessen Horowitz, CAA, and Coinbase. The announcement comes in the wake of two consecutive months of over 120% Month over Month growth for the platform. Shah's motivation for joining stems from his belief that DeSo has the potential to transform the creator economy. After years spent developing the category-defining technology powering its infrastructure, Sequoia-backed DeSo is hiring Salil Shah, a seasoned executive with experience at Meta and Pinterest, to scale the business. As the only layer-1 blockchain capable of powering content-rich social applications, and with over $200 million in funding from Sequoia, Andreesen Horowitz, Coinbase, CAA, and others, DeSo was already well-positioned for success. Now, with an experienced senior executive like Shah in place, DeSo can accelerate its mission to re-imagine the creator economy and expand the scope of web3 from solely financial applications to creator-focused social applications and much more. “Empowering and supporting creators is a mission I’m deeply passionate about,” Shah says. Shah mentions that DeSo has built the first blockchain platform that allows social content to be stored directly on-chain, giving creators more ownership, the ability to engage with fans across platforms, and the opportunity to build direct financial relationships with fans. “I’m excited to join this incredible team and partner with Nader to build the business as the industry moves towards the next phase of the creator internet, powered by web3,” he continues. Shah joins Nader Al-Naji, the founder of DeSo, and will complement Nader’s deep technical expertise with his extensive business experience as a senior executive and business leader. Leading an Emerging Category Shah joins as the emerging category of “decentralized social” is starting to show signs of early growth, with DeSo recently hitting 120% month-over-month growth (following 160% growth the previous month). "This growth is being driven by DeSo's ecosystem of hundreds of third-party apps, which are now starting to find retention," says Al-Naji. For example, Diamond and Desofy have earned creators over $20 million in their early days off of novel monetization primitives like social tipping, social NFTs, and social tokens. Meanwhile, tools like OpenProsper, a social block explorer, give unparalleled insight into the ecosystem. And other novel apps like Pearl, a web3 Instagram, NFTz, a decentralized NFT marketplace, and DAODAO, a social Kickstarter-like fundraising tool, are launching and maturing. "We're seeing a flywheel start to form," says Al-Naji. "Now that we have a seed of users and content, developers are building apps like never before, which grows usage and content even more in a virtuous cycle." DeSo was recently listed on Coinbase, and its mission of reimagining the creator economy has never been more relevant, with Twitter founder Jack Dorsey recently proclaiming that Twitter should be “an open-source protocol,” and the recent purchase of Twitter by Elon Musk. About DeSo DeSo is a new layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy applications to billions of users. The DeSo mission is to decentralize social media the same way Bitcoin and Ethereum decentralized finance. You can learn more about DeSo and claim your username on deso.com.ContactArash GhaemiDeSo [email protected]

About Decentralized Social

The live price of Decentralized Social (DESO) today is 10.0105 USD, and with the current circulating supply of Decentralized Social at 8,884,536 DESO, its market capitalization stands at 88,938,409 USD. In the last 24 hours DESO price has moved 0.0738 USD or 0.01% while 69,814 USD worth of DESO has been traded on various exchanges. The current valuation of DESO puts it at #218 in cryptocurrency rankings based on market capitalization.

Learn more about the Decentralized Social blockchain network and how it works or follow the price of its native cryptocurrency DESO and the broader market with our unique COIN360 cryptocurrency heatmap.

Decentralized Social Price10.0105 USD
Market Rank#218
Market Cap88,938,409 USD
24h Volume478,329 USD
Circulating Supply8,884,536 DESO
Max Supply10,808,492 DESO
Yesterday's Market Cap80,310,530 USD
Yesterday's Open / Close8.9656 USD / 9.0394 USD
Yesterday's High / Low9.0881 USD / 8.8674 USD
Yesterday's Change
0.01% ( 0.0738 USD )
Yesterday's Volume69,814.19 USD
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