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About Decentr

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.

Market

Canada Market Stats

Market cap

CA$1.0M

Volume (24h)

CA$201,006.81

Circulating supply

108.8M DEC

All time high

CA$0.84

Canada Market performance

Price change (1h)

+0.02%

Price change (1d)

+1.58%

Price change (1w)

-13.73%

Price change (2w)

-15.48%

Price change (1m)

-28.28%

Price change (1y)

+14.93%

Canada News about Decentr

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Ex Revolut executive received $6.5 million from investors to create hybrid exchange x10

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Polygon (MATIC) Price Stuck in Consolidation, But Bull Rally Could Be Near

MATIC price has a shot at breaking out of the persisting consolidation and post a rally provided the investors continue to refrain from selling.The post Polygon (MATIC) Price Stuck in Consolidation, But Bull Rally Could Be Near appeared first on BeInCrypto.

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Unchained • May 04, 24

Hedge Fund MEV Capital Trying to Bring DeFi to the Masses

DeFi-focused hedge fund firm MEV Capital is extending from its institutional roots to make a first-time play for retail investors.  Gytis Trilikauskis, MEV’s chief operating officer and general partner, said the asset manager has incubated Amphor, a new decentralized finance (DeFi) protocol that ...

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BeInCrypto • May 04, 24

Charles Hoskinson Responds to Michael Saylor’s Cardano (ADA) Diss

At the Bitcoin For Corporations 2024 conference, Michael Saylor argued that only Bitcoin would remain an institutional asset, prompting a strong defense of Cardano by its founder, Charles Hoskinson.The post Charles Hoskinson Responds to Michael Saylor’s Cardano (ADA) Diss appeared first on BeInCr...

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Decentr is on the decline this week.

The price of Decentr has increased by 0.02% in the last hour and increased by 1.58% in the past 24 hours. Decentr’s price has also fallen by 13.73% in the past week. The current price is CA$0.0096 per DEC with a 24-hour trading volume of CA$201.01K. Currently, Decentr is valued at 98.86% below its all time high of CA$0.84. This all-time high was the highest price paid for Decentr since its launch.

The current circulating supply of Decentr is 108,767,633.45 DEC which means that Decentr has as total market cap of 108,767,633.45.

FAQ

What is the current price of Decentr?

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

What is the market cap of Decentr?

The current market cap of Decentr is CA$1.04M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Decentr?

The all-time high of Decentr is CA$0.84. This all-time high is highest price paid for Decentr since it was launched.

What is the 24 hour trading volume of Decentr?

Over the last 24 hours, the trading volume of Decentr is CA$201.01K.

What other assets are similar to Decentr?

Assets that have a similar market cap to Decentr include Gravity Finance, Streamity, AgeOfGods, and many others. To see a full list, see our comparable market cap assets.

How many Decentr are there?

The current circulating supply of Decentr is 109 million.

Can I buy Decentr on Coinbase?

Yes, Decentr is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Decentr guide.