Desmos Network (“Desmos”) is a blockchain to fix the problems caused by the centralized social networks (“CSNs”) which include censorship and privacy breach. The end goal is to improve the well-being of billions of netizens. Desmos Token (“DSM”) is the native staking token on Desmos. Forbole Limited (“Company” or “Forbole”) is the initial contributor of Desmos.
Desmos is a blockchain built on top of the Cosmos SDK and based on the Tendermint consensus engine specific for social networking apps. It uses game theory and on-chain governance to decentralize the business model of social networks prioritizing the interests of users.
Desmos Token (DSM) is the native staking token of the Desmos chain which serves as a license for its holders to contribute to the security and governance in exchange for incentives.