Available on the BitMart platform from the beginning of the week, the native token of the DeSo blockchain, the $DESO, accesses the cryptocurrency exchange Gate.io; it will therefore be possible to buy and sell this token from this Friday January 20 at 14:00 (UTC), i.e. 15:00 in Paris. And these two exchanges are reportedly just the first of a longer list. 2023 could be DeSo’s year.
“The First Round of Many This Year”
That said, after announcing that two exchanges will soon list $DESO, the official account of the DeSo blockchain, via a post on the decentralized application Diamond, built on this same blockchain. A sort of Twitter of Web3, this application is one of the main dapps developed on DeSo.
As you can see from the screenshot below, the features of commenting, sharing and liking, this holy trinity of our social networks, are very present. But to the right of the icon that represents a heart, it’s a diamond that we see. This diamond is a “like” that has a monetary value of $0.00005 DESO – or, at the time of this writing, an equivalent of $0.0004565; one form among others, of micro-remuneration for content creators, who can thus count on their own community.
Being now listed on Gate.io, which ranks eighth in the ranking of exchange platforms by volume (when BitMart occupies the twenty-second position), could very well allow the ecosystem token developed by Nader Al Naji to recover from the chaos caused from FTX.
But even more than an increase in the price of $DESO, it is the pace of adoption of the blockchain by new users that could intensify. Which means more developers mobilized on this layer 1 blockchain, therefore more decentralized applications and, probably, therefore, more DeSo users.
The founder of DeSo, in a blog post published Jan. 1, titled DeSo Update: A Taste of 2023, revealed :
chat with several top notch exchanges
This, in addition to the facelift of deso.com and the restyling of the hub dedicated to developers, without forgetting the exciting DeSo Vault – presented as a Dropbox “killer” – which will make it possible to store and exchange data securely, accessible and reprehensible – resistant.
DeSo’s competitive advantage over its competitors is the extremely low cost of storing data on the blockchain. See instead.
This monumental difference is explained by DeSo’s unique architecture which, from the outset, was designed to address this specific issue.
While the Bitcoin blockchain, for example, only stores monetary transactions in its network, or – to put it simply – a series of additions and subtractions, the DeSo blockchain, oriented as it is towards social networks, must store all possible interactions and imaginable that Internet users can perform. Which is a key difference.