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DECENT (DCT) - content distribution platform
UNDERVALUED COINS SERIES
Crypto Coins
https://steemit.com/@dmae
@Crypto0Coins
https://www.facebook.com/crypt0coins/
In a nutshell
In a nutshell
- DECENT Network is a content distribution platform that is decentralized, open-source and uses Blockchain technology
- Content can be created and delivered directly with any fees collected solely by the seller at the point of sale
- DECENT is aiming to distribute songs, books, articles, videos, source code, or anything really and in almost any format
- The abilities of the DECENT network can be divided into:
- Online Distribution
- Decentralized Digital Marketplace
- Subscription-based Content Delivery System
- Advanced Recommendations
- Content Uploading & Buying
How is it used?
How is it used?
- The network can be divided into three main sections:
- Content providing: users can publish content via decentralized DECENT Network, decide its price and share with the world
- Developing: building applications on top of DECENT Protocol and save development time
- Seeding: DECENT Seeder distakes part in online content distribution processes and gets rewards for doing so
- Two apps announced: ATMChain (digital media ecosystemfocusing the exchange of metrics between advertisers and viewers) and Publiq (sharing digital content used specifically for news and articles
Tokens
DECENT (DCT) tokens:
- Currently around 51 million available with total supply of 73 million
- DCT is the crypto-token that backs all publishing, consuming, seeding, exchanging and mining on DECENT Network
- Available on these exchanges: HitBTC, Bittrex and Yuanbao (in order of volume)
Price
Current price: around $1.17 for 1 DCT (28th of August)
Current market cap: around $60million
Market capitalization rank: 80th
Team
Team and community
- Main office based in Slovakia, registered in Switzerland, also office in China
- 28 core team members, 6 advisors and 7 ambassadors
- recruiting for 17 new positions
- Very engaged on social media
- Heavily promoting the platform through meetups, expos and conferences
- https://decent.ch
- @DECENTplatform
Where does it fit?
Where does it fit?
- DECENT is trying to tackle several markets at once and because of that will also face competition from many sources
- Having one platform for everything is convenient though and there aren't many projects that try to do everything like DECENT does
- DECENT already announced two projects running on the platform even though the platform hasn't been running for long so I believe there will interest
- The devs also announced DECENT GO allowing to share movies, music, pictures, games, software, articles, or documents using blockchain
Roadmap and development
- There is no official roadmap for now but the plan is to concenrate on the further development and new partnerships.
- This includes further development for DECENT GO, and new projects developed on top of the DECENT Protocol.
- Good source for the development updates is the official blog: https://decent.ch/en/blog/
Roadmap and development
Predictions for the future
There are several milestones that will boost the price:
- new exchanges (Polo, Binance, Liqui, Chinese exchanges? Korean exchanges?)
- new applications being developed on the network (2 announced so far, matter of time before more)
- development updates (platform is still very early in the dev phase)
Prediction (pure guess):
I think that long term DECENT could become huge due to the scope and the reach of the project even top 20 project and for that price would have to increase x6, x7 which doesn't really sound that impossible long term.
Predictions
Why is it undervalued?
Why is it undervalued?
- Big team with plenty of recruiting happening
- Team is also very active on social media and attending variety of meetups and conferences
- Projects running on the platform already announced - each project should increase the desire for the platform and price in the long run
- There are still many exchanges that the crypto isn't listed on
- Plenty of partnerships announced already - wouldn't be surprise if more were announced soon
- Still early in the development phase - any major developments should boost the interest and price
KEEP IN MIND
KEEP IN MIND
- Still early in the development so there are possibilities of things doing wrong since the project is very ambitious
- The success of the project is highly dependable on where the team can get developers and users on board
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