About Decentr

Decentr is allows users to generate, reuse and exchange high quality data online via a secure browser/browser extension and suite of dFintech tools. Decentr’s “data-as-value” paradigm means users see a correlated decrease in the cost of products and services bought online, via Decentr and our “dPay” system, while at the same providing superior APR’s on consumer crypto loans made via users dWallet and Decentr’s consumer crypto dLoan features. This (necessary) extension of DeFi 1.0, delivers user-centric financial services to anyone, when they want it and how they want it, regardless of their net worth.

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Market Stats

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Additional details

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DEC vs markets

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DEC vs BTC

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Tags

Network & Addresses

Network
Address

Ethereum

0x30f271C9E86D2B7d00a6376Cd96A1cFBD5F0b9b3

Osmosis

ibc/9BCB27203424535B6230D594553F1659C77EC173E36D9CF4759E7186EE747E84

Price history

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Today
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€0.000049
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1 Year
€0.000836
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FAQ

Decentr (DEC) is an open-source platform aiming to create a bridge between internet users and applications developed with distributed ledger technology (DLT). The platform aims to develop a decentralized data exchange system. (Today’s systems are mostly centralized.) On the platform, users can get value from their data and use it to pay online. The platform seeks to allow users to manage and pay with Personal Data Value (PDV), which is a personalized “exchange rate” distinctive to each user. Decentr allows users to retain the payable value assigned to the secure data they generate on Decentr.

According to the whitepaper, data is the new currency. Centralized firms have been trading users’ data for over a decade. Users do not own their data and, hence, cannot extract value from it. As a result, huge amounts of unstructured user data remain out of the reach of business and individual users, isolated for profit by large firms. Decentr LLC aims to provide a web-browsing experience that allows surfing the internet a payable value.

The platform aims to create an Internet of Value (IoV) by using data as currency for a sustainable data economy. Decentr comprehends the potential of a data economy and looks to build a secure, open-source platform decentralizing current centralized data-exchange systems in a way similar to how blockchain solutions decentralize digital trades, solving the data storage/sharing paradox.

The platform offers the Decentr Web Browser and Web Browser Add-on as viable solutions to achieve the goal. Decentr’s web browser and the platform is a “portal to Web 3.0/4.0.” Decentr helps individuals connect with user-centric Web 3.0 applications, thereby enabling users to pay and trade while accessing a range of native DeFi features, including dPay and dLoan (the native cryptocurrency trading feature). In addition, the platform aims to offer the following features:

DEC seeks to support exchanges between data and all currencies to encourage a new global economy based on economic extraction from structured data.

The Decentr (DEC) team includes Nikita Anikeev, CTO; Rich James, CCO; Paul Sluszko, COO; Hleb Ioda, DevOps, and others.

We update our Decentr to EUR currency in real-time. Get the live price of Decentr on Coinbase.

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Social stats

Popularity in posts

#2871

Contributors

9,635

Posts

13,951

% About Decentr

0.002%

Articles

104

X (Twitter)

60.85% bullish

Sentiment

3.4 ★

Highlights

9,635 unique individuals are talking about Decentr and it is ranked #2,871 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Decentr has an average sentiment score of 3.4 out of 5. Finally, Decentr is becoming less newsworthy, with 104 news articles published about Decentr.

On Twitter, people are mostly bullish about Decentr. There were 65.98% of tweets with bullish sentiment compared to 8.43% of tweets with a bearish sentiment about Decentr. 34.02% of tweets were neutral about Decentr. These sentiments are based on 10840 tweets.

On Reddit, Decentr was mentioned in 427 Reddit posts and there were 8960 comments about Decentr. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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