Reddit Posts
DESO is launching FOCUS ICO, $9 million raised in first hour
Focus - The Crypto Social Network - Whitepaper
Coinbase is currently having massive, even crippling problems with deposits and withdrawals(on-chain activity) on Polygon, with transaction delays lasting days still without a fix. Coinbase has acknowledged the issue on their status page
Blockchain and crypto based social media besides r/cc
Why I only had 15 cents in FTX when the bank run happened
Coinbase-Backed DeSo Disrupts Telegram, WhatsApp, and Signal
Decentralized Social (DESO) Outpaces Crypto Market and Surges 102% This Week Amid Integration With MetaMask
DESO is the future of social media. Massive network effects. Highly undervalued. Every thesis in the space shares one thing: social media platforms are next in the decentralized, content creator economy. A16z backed 🚀. 10x+ in 2022. Buy now, thank me later.
Decentralized Social Media: The future or a flash in the pan?
Warning: Dont use DESO, allegedly a "decentralised social network". It asks to enter your seed to login, and whats worse - they store your seed in plaintext locally.
Will 2022 be the year of "metaverse"? Short-term hype or a great future? Do you feel bullish on such projects or is this yet another short-term hype that is already dying off? Do you think decentralized metaverse projects stand a chance against big tech especially Meta, Microsoft, and Epic Games?
Open letter to DESO regarding the need of a non profit social media and marketplace
DeSo (DESO) vs. Mask Network (MASK) [2021]
Got an alert from Coinbase - WTF is DESO, and WTF happened here?! 🧐
I’m a firm believer in crypto, one hundred percent, all in, but what in the fuck. I mean c’mon bro. C’mon. New “decentralized” listing DESO on coinbase
Why Deso blockchain is an absolute sleeping giant waiting to blow
Mentions
If you’re looking for the next big narrative that haven’t exploded with clear problem it’s solving with a unique selling proposition, RWA is too late. You gotta look at what isn’t being talked about much which is decentralized social media. With looming tiktok ban and censorship, there is a huge appetite for decentralized social media where it’s censorship resistant while owning your own data on chain. I would look into $DESO if it piques your curiosity. Its friend tech on steroids
Man, DESO made already a run of 500% up
1. SOL 2. ONDO or DESO 3. DIVI, not a shitcoin, just low marketcap
Venture out and buy some smaller marketcap coins that have way more potential than eth. ONDO for example came out a month ago and will be a huge ripper. DESO will be another big one. You can find both on coinbase.
Mind sharing the other wallet that you used? I have coinbase but I don't think they support DESO.
Let's go. My portfolio is 32% in green now. biggest gains (percent wise): AKT +98% BTC +95% DESO + 85% And the worse: - Algo -55% - LUNC -46% - XTZ -32%
EXAMPLE REPORT: WHITEPAPER: FOCUS TOKEN ON DESO Summarizing Key Sections: Tokenomics: The Focus platform introduces the $FOCUS token. This token incentivizes user interaction and participation through mechanisms like social airdrops, where users are rewarded based on their influence on external social networks. Additionally, tokens are earned through content creation and engagement, following a structured reward system. The token distribution and monetization strategies are innovative, integrating social media dynamics with token-based incentives. Score: 8/10 Technology Overview: Focus leverages the Decentralized Social (DeSo) blockchain, prioritizing content decentralization and end-to-end encryption. The platform introduces unique monetization strategies, such as paid reposts, creator coins, and unlockable content, facilitated by the underlying blockchain technology. The integration of generative AI for content creation and the utilization of wallet balances as a quality signal are notable technological advancements. Score: 9/10 Evaluating Team Credentials: The whitepaper does not provide specific information about the team's qualifications or backgrounds. Score: 0/10 (No information given). Market Analysis: Market Potential and Competition Overview: Focus identifies a niche in the intersection of crypto, social media, and AI, aiming to solve issues like content monetization and network growth. The platform's competitive edge lies in its decentralized approach and innovative tokenization strategies. Score: 8/10 How Focus Competes: By offering unique features like social airdrops, creator coins, and on-chain content monetization, Focus competes in the social media landscape by addressing the limitations of traditional platforms. Its emphasis on decentralization and crypto integration sets it apart. Score: 9/10 Technical Analysis: Focus integrates advanced blockchain technology for decentralized content management and monetization, emphasizing security and user autonomy. The use of DeSo blockchain and integration of generative AI further enhance its technical framework. Score: 9/10 Risk Assessment: The whitepaper does not explicitly address potential risks or challenges. Score: 0/10 (No information given). Token Utility and Economics: $FOCUS tokens are central to the platform's economy, used for incentivizing content creation, user engagement, and network growth. The tokenomics are designed to create a sustainable ecosystem with long-term user alignment through token distribution and locking mechanisms. Score: 8/10 Regulatory Compliance Insights: There is no detailed discussion on regulatory compliance or legal considerations in the whitepaper. Score: 0/10 (No information given). Development Roadmap Evaluation: The development roadmap is not explicitly outlined in the whitepaper. Score: 0/10 (No information given). Security Protocol Analysis: While the platform emphasizes end-to-end encryption and decentralized content storage, specific security protocols are not detailed. Score: 5/10 Feedback on Clarity and Coherence: The whitepaper presents a clear and coherent vision of integrating social media with blockchain technology, emphasizing decentralization and innovative tokenomics. However, the lack of information on team credentials, specific security protocols, and regulatory compliance impacts its overall clarity. Score: 7/10 Final Score: Tokenomics: 8/10 Technology Overview: 9/10 Team Credentials: 0/10 Market Analysis: 8.5/10 (Average of 8 and 9) Technical Analysis: 9/10 Risk Assessment: 0/10 Token Utility and Economics: 8/10 Regulatory Compliance Insights: 0/10 Development Roadmap Evaluation: 0/10 Security Protocol Analysis: 5/10 Clarity and Coherence: 7/10 Total Score: 54.5/110 This score indicates that while Focus excels in its innovative use of technology, tokenomics, and market strategy, it falls short in providing comprehensive information on team credentials, risk assessment, regulatory compliance, and development roadmap. The whitepaper's strengths lie in its clear vision and coherent approach to decentralizing social media through blockchain technology, but it lacks in certain critical areas essential for a holistic understanding of the project.
I think DESO is good, MANA not so much. Though my knowledge is limited, not interested in either of them.
The difference between DESO - MANA = SAND I also bought Metaverse tokens in a full bull ... not even remotely close to get even, had to rebuy a bunch at lower price just to drop my average purchase price because SAND was 8 bucks at some point (yeah, i know)
1$ loading, because it for sure gonna crush DESO & HIVE Mcap
That soft DESO shill. Nice.
All centralized social media sucks. I've been exploring the plethora or different Blockchain platforms starting up, some are pretty cool. I avoid DESO and any Dapps associated with it, not all decentralized options are great lol
DESO. Has anyone here even heard about it? 😂
Blue horseshoe loves DESO
Blue horseshoe loves DESO
Investment: DESO Asset class: Crypto Current price: $9 Market cap: $70M Type: Social Media Social media is broken, because companies like Meta and Alphabet have too much power and they ban whoever they want. Elon Musk bought Twitter to try and fix it, but the fact remains it will be controlled by a company. All cryptos are securities, Ethereum being the mother of all shitcoins. Only Bitcoin is an asset because of the way it is designed. Search it up or listen to Saylor. He is right. Bitcoin is digital property. During this hard crash of Solana and FTX and Binance drama a new opportunity has presented itself. A coin, which can be security BUT: Bitcoin is own your money, and DESO is own your content. It is a coin with around $50 M marketcap, has a founder, is decentralised. It is Layer 1 and there are already 200 dapps which are social media apps built on it. It is like buying the future of Social Media, or to out it this way: It is like buying FB, Snapchat, Tiktok, Instagram, you name it but all in one stock. A trillion dollar industry. VCs dump coins like Solana, VCs pumped DESO last year, but at current market cap we retailers have the opportunity of taking it over. A short squeeze will be coming. DESO will be trending when crypto capitulates. This is your chance. DESO will kill it! Check it out and comment.
Investment: DESO Asset class: Crypto Current price: $9 Market cap: $70M Type: Social Media Social media is broken, because companies like Meta and Alphabet have too much power and they ban whoever they want. Elon Musk bought Twitter to try and fix it, but the fact remains it will be controlled by a company. All cryptos are securities, Ethereum being the mother of all shitcoins. Only Bitcoin is an asset because of the way it is designed. Search it up or listen to Saylor. He is right. Bitcoin is digital property. During this hard crash of Solana and FTX and Binance drama a new opportunity has presented itself. A coin, which can be security BUT: Bitcoin is own your money, and DESO is own your content. It is a coin with around $50 M marketcap, has a founder, is decentralised. It is Layer 1 and there are already 200 dapps which are social media apps built on it. It is like buying the future of Social Media, or to out it this way: It is like buying FB, Snapchat, Tiktok, Instagram, you name it but all in one stock. A trillion dollar industry. VCs dump coins like Solana, VCs pumped DESO last year, but at current market cap we retailers have the opportunity of taking it over. A short squeeze will be coming. DESO will be trending when crypto capitulates. This is your chance. DESO will kill it! Check it out and comment.
Investment: DESO Asset class: Crypto Current price: $9 Market cap: $70M Type: Social Media Social media is broken, because companies like Meta and Alphabet have too much power and they ban whoever they want. Elon Musk bought Twitter to try and fix it, but the fact remains it will be controlled by a company. All cryptos are securities, Ethereum being the mother of all shitcoins. Only Bitcoin is an asset because of the way it is designed. Search it up or listen to Saylor. He is right. Bitcoin is digital property. During this hard crash of Solana and FTX and Binance drama a new opportunity has presented itself. A coin, which can be security BUT: Bitcoin is own your money, and DESO is own your content. It is a coin with around $50 M marketcap, has a founder, is decentralised. It is Layer 1 and there are already 200 dapps which are social media apps built on it. It is like buying the future of Social Media, or to out it this way: It is like buying FB, Snapchat, Tiktok, Instagram, you name it but all in one stock. A trillion dollar industry. VCs dump coins like Solana, VCs pumped DESO last year, but at current market cap we retailers have the opportunity of taking it over. A short squeeze will be coming. DESO will be trending when crypto capitulates. This is your chance. DESO will kill it! Check it out and comment.
Put 80% of my net worth in DESO. Taking on the Social Media giants. This is the next Gamestop.
It would be nice to think that decentralised social media could take over from the likes of Facebook and Twitter one day. DESO has been looking good lately and may have a big future.
More people will look into DESO.x and really understand the power of decentralization when it comes to social media. The true free speech platform.
https://www.deso.com/ https://signup.deso.org/learn "If you think about social media sites such as Facebook and Twitter, they store all different types of media and data from simple text, to likes, follows, images, and much more. When you attempt to bring this on-chain, that requires thousands of gigabytes worth of data to be stored on a blockchain. 99% of all blockchains simply can’t support this." I don't even think the easy to understand metrics they tount on their are very promising for data costs. $0.000017 for storing 200 characters. 10,000 characters is bit more than 2 pages of lorem ipsum I copied from some website. 17 cents for a short essay. That gets pretty expensive for a wide usage social media. The other metric I saw was $80 for 1GB of data storage. A lot better than other non-storage focused chains but $80 for 1GB is terrible. >On-chain content stored on the DeSo blockchain >All profiles >All posts, threads & comments >All private messages between users (E2E-encrypted) >All likes & follows >All social token activity >All social tipping activity >All NFT activity & NFT bids >All DAO activity >All $DESO transfer activity >Links to all rich media (videos, images) >All profile blocks (coming soon) >All profile verifications (coming soon) >All raw images & videos (coming soon) "All raw images & videos (coming soon) " - bet that stays coming soon for a very long time
DESO flying last half week. Only question is whether it’s actually a usable project long term or a pump and dump. Looked into it many months ago but seemed too idealistic
tldr; Decentralized Social (DESO) rallied to a weekly high of $11 today, marking a 102% increase from its seven-day low of $5.43. The 226th-ranked crypto asset by market cap has retraced since the weekly high, but it remains up nearly 40% in the past 24 hours. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Then access them on Brave. Enjoying DESO plus earning some BAT at the same time!
Decentralized social media platforms are the future imo. The fact that you can have characters such as Elon Musk buying twitter and potentially could have put a paywall on it is ridiculous. Looking forward to doing some research about DESO!
DESO because it’s new social media platform with a great idea, it’s really easy to connect with friends and family across the sea and I can in seconds transfer them my coins with a low fees and then check in their wallet if they received them. This is the future of social media.💎💎💎
DESO is picking up volume. Volume up 200% and price up 13%.
My arguments, I think cryptos a scam but I still “invest”. -not user friendly. Can you imagine your girlfriend signing onto DESO? Or you mom? Or grandma? No females are gonna flock to some “decentralized social media”. Nobody is gonna play crypto games. -the world won’t allow it. The world will not allow Venezuela to be the richest country in the world. -the world won’t allow it part 2. If crypto became the #1 form of currency, there would be so many people left in the dust that it’d be complete madness. There would be straight up civil war. -sketch af. Crypto is so sketch, go to any crypto page on social media. Every single comment is a SCAM. Even people who research get rugged. -inflation. If btc became currency. You go to McDonalds (at that point the market cap would be trillions of dollars) and you look up at the menu. Ah yes, I’ll take a hamburger. “That’ll be 0.000000001 Bitcoin please.” As far as I know there’s no such thing as stock splits in crypto, but I could be wrong on that. -no owner. With no centralization, whose to say your currency will stay? One decade the currency is Bitcoin, next will it still be Bitcoin? -more sketchyness. I had a coin a while ago that had 6,000% apy. Looking at you VVS finance. Are you kidding me? Then you see “walk to earn”. What’s next sleep to earn? Shit to earn? Fap to earn? Mug someone in an alleyway to earn? Get real. -crypto lunatics. I have seen some absolute tunnel vision cults in my time in crypto. Unfortunately, you’re more likely to make money in crypto if you ARE INSANE.
I’ve moved a lot last few weeks. Still have some DESO on cb because can’t find a place to put it
I’m in a for substantial percentage of my portfolio on DESO and SHIPNG. DESO has been relatively stable and SHPING has been seeing substantial gains lately; I definitely think we’re to the point where the projects behind a lot of these alt coins are useful and popular enough to recover. My theory on the way crypto works is that projects will remain viable between dips as long as it has real utility. As time goes on these things will eventually fall to superior projects. That’s one of the great thing about crypto, you can directly boycott anything that you don’t like or that is dying, making room for replacements immediately
I started testing different cryptocurrencies transfers with my family and friends to see how well do they work, and DESO blockchain dapps for social media which I believe are pretty cool. I also think NFTs are cool but but I can’t find good information for more research, so I can understand them better.
I started to DCA small amounts with DOT, ADA, SHiBA and DESO. The reason why is I just feel good vibes about those projects growing in the future. Hopefully it pays off.😁
Check out Cloutfeed app for mobile devices or Diamondapp on DESO blockchain, decentralized social media is the the Wi-Fi moment killer app for crypto .
DESO, decentralized social media. That’s the buzz I keep hearing a lot lately.
BTC, ETH, ADA, SHIBA, DESO and maybe SOL if it stops crashing.😂
Do you guys see Elons stake in Twitter will effect the price of $DESO?
I grabbed some DESO for a quick gamble too
Thoughts on DESO? Had a little pump today with low volume, seems like it could break past resistance with a little momentum
There are no guarantees in investing in poker or roulette, mate. That's the same with meme coins. They are shitcoins but some of them are pushed strong enough for some early investors to take profits... My logic is to always search for coins with solid narratives and potential like OCEAN, DESO, NGM...
It is really hard to find GEM in the sea of shitcoins. My GEM collection looks like this, NGM (a coin with low MC, 50mil. and huge potential), DESO (a coin devoted to delivering decentralized social networks), and OCEAN (leading project on WEB3 and DataFi development).
IMO those 5 are OCEAN, NGM, CARD, DESO, DFI. I am really bullish on all of those DeFi coins.
That's right, no emotions in business. I am buying coins with potential on long-term, mostly DeFi like OCEAN, DESO, CARD... and I don't invest because I like the coin, but because it is underpriced and can make nice ROI.
I can only advise one thing mate, don't do leverage trading. You can invest in some solid DeFi crypto, like NGM, DESO, CARD... to make some safe profits but you can't expect to get rich with 120$ investment. Or you can buy some meme shitcoins which is a gamble IMO but if you hit the winner there is a nice profit. :D
Your pick is solid my friend. I would add some promising coins with great potentials like NGM, CARD, and DESO. All of those are DeFi coins. NGM is a stackable coin (19% APY) from the E-money stablecoins project. CARD is the collaborative OS for WEB3, and DESO is the coin from Decentralized Social Blockchain which is self-explanatory. :) DYOR of course, but those are my picks, the coins which IMO will be here in 10 years from now.
Post is by: GajaSabac and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/ssa25x/hey_guys_i_wanted_to_share_my_way_of_staying/ I really don't think much about the market movements my friends. It might sound like 100% BS but I swear it is the truth. I invested in ETH at a price of 30$, sold it at 150$, wanted to kill myself on the price of 1000$, bought again at 300$, and put it away until it hits 15k. That's my way of investing in crypto, the model I am using on OCEAN, CARD, DESO, NGM, and all the other coins I am bullish on... Time is not important for me, this is a lifetime opportunity and I don't want to blow it by becoming rich at the same time I got a stroke or a heart attack because the market fell down 300 times until then. What do you think about it? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I don't fall under the FUD mate. I take a look at the market every couple of days and trying to keep my health safe. :D All the coins I buy, OCEAN, DESO, DIA, CARD... I put away and make the price goal for them. That's my way of keeping my mind healthy during those daily micro dips...
OCEAN definitely is one of the web 3 focussed projects I actually admire alongside DEIP after they had partnered with NEAR. I mean, someone needed to do the opposite of Facebook, glad to see projects like DESO out there, It reminds me a little of SPDR.
Post is by: LGNDS_Crypto and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/sofp59/decentralized_social_media_the_future_or_a_flash/ **TL;DR** – There are few interesting projects entering the decentralized social media space including Fetch.AI, BitClout, and Desmos. What is a social media crypto? This is any crypto related to social media! With an ever growing sentiment that we need decentralized social media because of the overreaches of Facebook and other centralized social media companies, there are a few projects looking to fulfill that role. While I haven’t been able to find many projects in this space yet, below is a brief synopsis of some of the players in this space. **Fetch.AI (FET) Project Decibel** – There is not a lot of information on this project out at this time, however, the Fetch.AI team has said the app should be released sometime Q1 to Q2 of 2022 (soonish). The team has been active in asking users what they would want from a social media platform with a lot of mention of standard features such as NFTs, post to earn, etc (nothing confirmed yet though). In addition they want to potentially integrate with other social media platforms such as Twitter or Linkedin to create a full ecosystem. One area that could make this project unique is the utilization of Fetch.Ais AI technology to combat misinformation, bots, and spam. This seems to be a big point of this project. **BitClout (DESO)** – This is a publica and open source project. User can post and earn on this platform. What makes this platform unique is its implementation of creator coins. Similar to the fan coins from socios.com. The concept behind this is that when a celebrities social clout increases, the value of the coin increases as well, and hopefully your earning as well. Basically an investment into your favorite creators/influencers/celebrities. This platform also plans to allow users to create, buy, and sell NFTs. **Desmos Network (DSM)** – This is a public and open source project. This project has preliminarily been rolled out, but in a very limited capacity with more features planned in the future. One of the key features of this project is managing your digital identity. Users can link decentralized and centralized accounts to desmos to manage them all in one place with the concept of Proof of Identity. In addition, by participating in the network users will be rewarded with DSM. Desmos will also allow users to post to spaces to allow for communication with other users. What are you most excited for? Let me know if there are any others out there. Thank you! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
All in solid DeFi coins. My picks are CARD, DESO, NGM, OCEAN... I am fully bullish on DeFi in 2022.
Yea mate, Ocean is a really solid DataFi project with a 100% bright future. It is the leading WEB3 development project and it has really strong community support. DESO is a coin from the Decentralized Social project. As its name said, it is devoted to delivering social network on the blockchain, which means the chat and posting without censorship, data manipulation, private information being sold and all the other bad stuff FB for example is doing all the time. I am fully bullish on an idea...
Okay so I'm familiar with CARD, NGM and OCEAN but not DESO. OCEAN, especially was one of my favourites buys last year when they had those MLPs with ALBT on POP.
I would first suggest you change it in USDC or BUSD because USDT is a weak coin, it isn't backed at all, and it may fall down at any point. :) After that take a look at some DeFi coins because this is a year of stablecoins and DataFi for sure, and those projects will make some nice ROI 2022. My favorite DeFi coins are CARD, DESO, NGM, and OCEAN. DYOR, but any of those will make you a nice profit.
I’ll take some BTC,ETH,ADA,SHIBA,DESO,ZEN, etc. I’ll just accept and take any crypto that is listed on CoinBase instead of fiat. 😂
I'm new to following the crypto market. Put a bit into bitcoin back in 2017 at $11k, watched it jump to nearly $20k and then crash. I left everything there and just stopped paying any attention. Imagine my surprise when I checked it out a week ago to find Bitcoin at $40k and a nice chunk of change in my account. So like a lot of people I'm back to being interested in the market and so much has changed since 2017. I decided I wanted to play with some lesser known crypto and looked around for something that interested me that seemed to have potential. I settled on DESO and dropped a chunk into it equal to my initial bitcoin investment in 2017. Thankfully it's up now (with almost everything), but I've read some shit about DESO not having great security and am thinking about converting to something else. Can anyone help point me toward some other good social media intended crypto? I think stuff like that may jump as Facebook and the other big social media conglomerates die out and want to invest in that side of the industry. I'm also interested in gaming crypto, but so much of it looks like cheap cash grabs at the moment. Is there any gaming crypto doing anything novel beyond just "use our crypto to pay for crappy stuff in our game"? Thanks!
In December, a cryptocurrency issued by the social networking start-up Decentralized Social soared in value after Coinbase allowed it to begin trading on the company’s exchange. The listing provided a jolt to the start-up’s fortunes, with its token price briefly doubling to a high of $187. It also boosted the fortunes of another key partner, Coinbase, which had backed the start-up as part of a $200m round of funding announced three months earlier. DESO, as the token is known, is one of at least 20 cryptocurrencies that Coinbase has listed for trading while holding an investment in a related project, according to a Financial Times analysis of the company’s disclosures, PitchBook data and public announcements. The findings show that, of those 20 projects, Coinbase listed only 12 as holdings on the website of its in-house investments arm, Coinbase Ventures, as recently as this week. Andreessen Horowitz, one of Silicon Valley’s leading venture capital groups, is an early investor in Coinbase and holds a seat on the company’s board. The VC firm has also invested in at least a dozen projects whose tokens later gained approval to trade on Coinbase. The analysis shows how freewheeling cryptocurrency exchanges blur divisions that are more strictly enforced in traditional capital markets. Coinbase is the largest cryptocurrency exchange in the US, making it a key player in the past year’s boom in digital asset trading, with more than 7m monthly transacting users. After the FT sent a detailed list of questions to Coinbase last week, the company published a blog post on Saturday in which it promised to make its holdings “even more transparent”. Coinbase said it did not co-ordinate listing decisions with its board or outside investors. The company added that Coinbase Ventures, its start-up investment arm founded in 2018, has “no influence” on decisions about asset listings. After the FT subsequently sent a list this week of eight projects that had not been disclosed as receiving backing from Coinbase Ventures and listing their tokens on the exchange, Coinbase added seven of them to its website, including Decentralized Social. “In the securities world, conflicts of interest have to be identified, disclosed and managed,” said Tyler Gellasch, executive director of the investor trade group Healthy Markets. “In crypto, it seems to be a free-for-all.” A Coinbase spokesperson said the company maintains policies to mitigate conflicts of interests and any assets in which it holds a financial interest are “evaluated based on the exact same criteria as all other assets”. Coinbase’s investments could attract scrutiny as the company pursues chief executive Brian Armstrong’s goal of becoming the “Amazon of assets”. Shares in Coinbase have fallen more than half since the company listed on the Nasdaq exchange in April, trimming $50bn from its market value. The slide has increased pressure on Coinbase to list new digital assets, which bring in fresh sources of revenue from traders hungry to bet on speculative cryptocurrency projects. Company executives have quickened the pace of new investments from Coinbase Ventures. Coinbase held $280m in strategic investments at the end of the third quarter, more than 10 times the amount it had at the end of the previous year. In announcements for new token listings, Coinbase includes a disclosure statement that says Coinbase Ventures “may be an investor in the crypto projects mentioned here”, linking to a web page showing investments made by the venture arm. For the latest news and views on fintech from the FT’s network of correspondents around the world, sign up to our weekly newsletter #fintechFT Earlier this week, the web page listed fewer than 90 investments, without providing specific details about whether Coinbase owned shares or tokens in each of the projects. By Friday, dozens more investments had been added to the web page. Coinbase has said publicly that it has more than 200 investments through the venture arm. A Coinbase spokesperson said it was “actively in the process” of updating the website but not all investments would be made public, citing “common practice within the venture capital community”. For years, Coinbase applied a conservative approach to listing new cryptocurrencies, offering under half a dozen available for trading as recently as 2018. However, the boom in decentralised finance apps and other cryptocurrency projects has spawned a litter of new digital assets, forcing Coinbase to play catch-up to software programs such as Uniswap that allow anybody to list tokens without permission from central authorities. Offshore exchanges such as Binance and FTX have also moved quickly to list the new tokens. Last year, Coinbase began automating parts of the listing process, paring back its legal reviews and developing what it calls an “experimental zone” to “appropriately disclose risks to customers and enable them to make educated decisions” about new tokens
The last time I saw so much FUD was in 2018. when all crushed into pieces and people sold all the crypto for nothing. The only regrets I gave in crypto are those times I sold in panic and all coins I hodl are making profits at one point. Now I am just buying as much as I can of DESO, CARD, NGM, and some other solid DeFi coins, with an intention to hodl them for years...
Take a look at NGM, OCEAN, CARD, DESO... All of those are solid DeFi projects with great potential for nice ROI mate.
You almost said DESO in your op,…you noticed that right?
Some subreddits did that. There is also DESO
I bought some more DeFi coins, NGM, OCEAN, DESO, CARD... DeFi is becoming very important in 2022. Especially when we see the stablecoins adoption in general populations as an everyday payment option.
I'm not a financial advisor by any means but this is how I see it. Imo I say invest in one coin that has potential of having growth in the future. My favorite so far are between ZEN (Horizon) and LUNA then have the rest of your budget diverse. exchange tokens (BNB and CRO for example) will be necessary if they can help lower exchange fees, or if you're using a decentralized exchange, or just trying to stake for a while to have some passive investments for more crypto. Though if you are able to invest in a project that gives a better return than exchange based tokens then take advantage of that. Some projects that do that are Cosmos, Aglorand, and Tezos. There could be more alternatives and varies in exchange but always do research as some could be true but some are just bluff like "Decentralized" Social (DESO) and Tether. Be careful encountering tokens like these two. Third would be to invest in a token that has decent smart contracts or a reliability around it's network or Blockchain. Note that if it's an Etherum based token then before withdrawing them into a wallet, consider the gas fees. If not then it's better to exchange it back into Fiat until Etherum 2 is released or the gas fees start to cost less. Usually though patience is key since it'll cost less the longer you're able to wait for it to go through but in my view the cheapest is no longer than 30 minutes so far. Lastly invest in a project that has potential around the metaverse or NFT. Even if it may sound stupid to some of us because in some sort of way it sounds impractical for being virtual note that we're selling it towards others that sees it having value. As the saying goes, one man's trash is another man's treasure. If it's a meme coin be sure to stick to it until the trend goes down. If a meme coin stops trending then the charts starts to look ugly.
Interesting project tied to Moonriver, been eagerly anticipated and just listed, hence the spike. If you weren't in it at .25 then I'd wait for it to find it's level. I've been waiting for it to drop but missed the window, not FOMOing in at 3000%. The COVAL or DESO charts help as reminders why not to do that.
Decentralized Social (DESO) https://www.deso.org/ Which is formerly "BitClout" has a lot of VC backing out there. Not saying this is "the one" but just saying these platforms are out there, they just aren't really being used yet 🤷♂️ with no clear winner in sight.
I agree this is a bad security practice and I’d like to see the founder fix it rather than defend it. One issue I have with your post though: yes the DESO website doesn’t show a feed - this is because the display of content is handled by third party services (although I think the bitclout website may still be run by them). The idea is that you can post anything to the network but moderation and algorithmic content selection occurs at the feed viewing provider level. And if you dislike the practices of one provider, you can switch and there is competition between providers because the network effects associated with building content no longer exists
DESO = Decentralized Exchange for Snake Oil.
Yeah, I also wondered about that. I signed up for the Diamond App which drops DESO worth of $5. Let's see how long DESO will make it. :D
DESO just want to know Did Epstein Suicide Organically
I’m confused as an Australian because here a DESO is the person who drives the crew home when you’re all drunk
DESO?? Don't ever suck oil It's bad...very bad
I like buying DESO for my Templar Assasin
DESO ? Dont Ever Sell Obviously. /s Thanks for the warning
I just keep buying these dips. 🤕 This week I bought: SHIB: $100 BTC: $100 ETH: $50 SOL: $50 DESO: $50 VOO: $50
Decentralized Social (DESO) I don't even know why I bought it in the first place... Well, I actually know why, I just wanted to gamble and bought a low market cap coin without doing my own research.
This is the Pinned tweet for DESO.X "What if every 'like' or follow cost $1.00+? That's the reality for Web3 on every general-purpose blockchain on the market today" I wonder how many read that and went nope and then moved on.
ROY (Crypto Royale), DCIP, DESO, LUNR I only own small amounts of each tho because their higher risk
BICO VS DESO. Why choose one over the other or both? Best detailed answer/opinion I will gift moons too. Thanks
I swear DESO has some weird price swings
First of all, you should think about the future usability of the product. If you invested in some meme shitcoin, made some gains, sell it and be happy because someone other will cry. If you invest in some solid and usable project like Ocean Protocol or DESO for example, you need to be able to wait for the long-term, or don't invest in those projects. I invested in ETH at a price of 30$ and still waiting to sell. That's the only way to earn on stable and safe projects, shitcoins are just gamble...
Been Looking at DESO anyone have any opinions?
Thoughts on new CB addition, Decentralized Social DESO? I know nothing about it just interested. Anybody got a good source in general to read about/ research any given crypto project? Other than whitepapers of course. Hard to straddle the line between facts and subjective analysis/review so I'm hesitant to believe any random source.
is DESO a good buy for long term?
Litecoin for sure I bought too high and had to sell at a loss Honorable mentions, DESO, TFLOKI, and MANA lol
I thought 30% down was the bottom for DESO Market said hahaha nah we hate this coin
Alright DESO, down 30%, seems like a cool project. Let's go!
can someone explain DESO Decentralized Social to me?
Yeah like I know the Coinbase pump is a thing but gonna go out on a limb and say DESO probably didn’t hit 300,000,000 last night like they’re showing rn 😂
Does anyone know why Decentralized Social (DESO) coin went to 300 million suddenly ? Shows this on Coinbase
Does anyone else keep seeing these random exchange errors on Coinbase that are falsely showing a coin price temporarily spike to tens or even hundreds of millions of dollars? I’ve seen it happen to DESO, XRP and now POLS. What in the world is happening with CB?
Anyone know what the deal with DESO is?
I saw a Coinbase email about something called DESO just being listed - looked it up and it had a random spike to a price of $349 million today - then back down to $163. Seems safe 😂
What happened with DESO today?!?
Was that spike in DESO real life or just a glitch
tldr; Decentralized Social (DESO) will be listed on US crypto exchange Coinbase Pro. The layer 1 blockchain project aims to provide scalability to social media applications for up to a billion users. DESO is up over 38% on the day to $138.34. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*