Description:Decentr is an open decentralized platform that captures the value of secure user data and returns this value as payable, data-backed “currency” to the user. $DEC token is the building block of the entire Decentr Deconomy.
Our native exchange allows users to convert this data value into fiat or crypto via our token, DEC, giving DEC unparalleled utility. This is due to DEC being positioned as the currency that supports — and is supported by — Decentr’s “true” data economy, called the “deconomy” (“decentralised economy”). The deconomy is based on the repurposing as exchangeable “currency” the expected 175 Zettabytes of data by 2025 through restructuring and refinement via the Decentr platform and web browser.
As a result, our foundational technology delivers a horizontal solution for multiple commercial verticals; to be as robust and as maximally economically beneficial to as wide a cross section of personal and business users as possible these verticals will need to be serviced by next-gen DeFi Dapps built — not independently of each other on current blockchains — but as part of a wider DeFi matrix supported by our open platform.
Consequently, bank/PSP Dapps built on our platform can utilise our data-as-value paradigm to pass on benefits to their customers.
Data-as-value is expressed on Decentr as a user’s “Personal Data Value” (PDV), which is a “personalised” exchange rate between currencies that users can leverage to their economic advantage across the blockchain clients we build with, as well as the Dapps that build with us. PDV rises in direct correlation to the quality of data generated, exchanged and reused by individual and business users.
This token dev does not have any successful token launches yet and has a zero rep score so far. Please DYOR.
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