Skip to main content
Sign In
Skip to chart
Destra Network

Destra Network

DSYNC
#1997
$0.004497Up 14.51 percent($0.00)

Key Stats

Market Cap$4.50MUp 14.51 percent
Volume (24h)$469.07K
Fully Diluted Value$4.50M
Vol/Mkt Cap (24h)10.43%
Total Supply1.00B DSYNC
Max Supply∞
Launch Date2024-03-11
Built OnETH
Token StandardERC20
Smart Contract Address0xf94e…91cc
Decimal Places18

Destra Network Information

Websites
www.destra.network
Industries
AI (Artificial Intelligence)

Destra Network Price Converter

Destra NetworkDSYNC
USD
Loading chart...

Latest Destra Network News

View all

Destra Network Markets

View all
coindesk-loading-spinner

Destra Network Supported Platforms

View all
Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
DSyncERC20ETH0xf94e7d0710709388bce3161c32b4eea56d3f91cc2024-03-11

About Destra Network

Destra Network (DSYNC) is a utility token designed to facilitate transactions within a decentralized cloud computing and AI infrastructure. It plays a central role in enabling payments for distributed GPU and TPU computing, decentralized web hosting, and blockchain-based storage solutions. The token also incentivizes participants who contribute computing resources, bandwidth, and storage to the network, ensuring a fair and efficient allocation of decentralized infrastructure. Additionally, DSYNC is used for governance, allowing token holders to vote on protocol upgrades, economic policies, and network optimizations, fostering a community-driven ecosystem for AI and Web3 development.

Frequently Asked Questions

Destra Network is a blockchain platform designed to provide decentralized cloud computing, AI computation, and storage solutions. It integrates a distributed GPU and TPU network to offer scalable computing power, enabling artificial intelligence (AI) and machine learning applications without reliance on centralized infrastructure. The network employs Proof of Sync Consensus, ensuring fair resource distribution among participants.

Destra Network also provides decentralized web hosting, DNS, object storage, and content delivery solutions. By leveraging blockchain technology, it seeks to address privacy concerns, reduce reliance on centralized cloud providers, and support Web3 applications with scalable infrastructure.

DSYNC is the native utility token of Destra Network. It facilitates transactions within the ecosystem, incentivizes resource contributors, and serves as a medium for payments across various decentralized services. DSYNC is used for governance, allowing token holders to participate in decision-making regarding network upgrades and resource allocation.

DSYNC is used across multiple functionalities within the Destra ecosystem, including:

  • Transaction Fees: DSYNC is used to pay for cloud computing, decentralized web hosting, and AI model deployment.
  • Incentivizing Resource Providers: Users contributing GPU, TPU, or storage resources receive DSYNC rewards.
  • Governance: DSYNC holders can vote on network upgrades and policy changes.
  • AI and Machine Learning Computation: DSYNC facilitates payments for accessing AI models and training services on Destra’s decentralized computing network.
  • Decentralized DNS and Web Hosting: The token is used to purchase decentralized domains and hosting services.