ARTICLE ON HOW TO USE DESMOS NETWORK.

Scott Mcall
Stakewolle Ambassadors
2 min readNov 19, 2022

The technology underlying blockchain is used in many different applications, including cryptocurrency investment. This technology has the ability to save the time and money firms must spend on administrative duties while simultaneously increasing the openness and fairness of the financial markets around the world. However, for blockchain solutions to be broadly adopted, consumers must have simple access to them from anywhere at any time. The status quo is being altered by the Desmos network.

A blockchain called the Desmos network was specifically created to facilitate user-centered social networks. The native staking token for Desmos is called DSM. The Desmos Foundation is committed to developing technology that will make social media, including social networks, more open and available to all users.

This post will provide you with an introduction to Desmos Network, which is the first interoperable blockchain built to grow a new wave of social applications.

COMMONLY SOLUTIONS OFFERED.

✅ There is no need for an intermediary with Desmos’ business strategy. As a result, users and marketers can function as the social network itself.

✅ Desmos functions very much like an audience marketplace that is open and user-driven. Transaction fees are calculated based on the volume of activity on Desmos. Staking encourages early network commitment through financial reward.

✅ In order to achieve the network development required for a self-sustaining social network without the use of centralized middlemen, Desmos will rebuild this lifecycle using a better economic model. This will enable us to create a social network that can support itself.

✅ In addition to being supported by CosmWASM smart contracts, Desmos Profile can be used as a decentralized social identity for the interchain in a variety of block explorers and wallets.

✅ The ultimate objective of Desmos is to take the lead in providing OAuth authentication as a method for use throughout the internet of blockchains.

✅ Desmos wants to provide programmers with a protocol so they can create social apps that are impossible to censor and decentralized. Desmos’ features can be applied to a number of apps, each of which has its own scope and terms of service, to produce a unique user experience.

Follow the links below for more information.

https://www.desmos.network/

https://youtube.desmos.network/

https://twitter.com/DesmosNetwork

https://discord.gg/yxPRGdq

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