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DECENT, the decentralized blockchain based content distribution platform is soon organizing a crowd sale. DECENT Foundation, the governing body of DECENT platform has announced yesterday about the impending crowd sale scheduled to start in the month of June this year.
According to the announcement, the DECENT Software Sale is a one-time opportunity to become part of the Blockchain driven decentralized platform which is expected to become the future of media. The sale of DECENT software tokens during the crowd sale is meant to raise funds for the further development of the platform.
DECENT was founded by Matej Boda, Matej Michalko, and Wayman Kwan. The trio is on a mission to change the way content is currently distributed across the internet by removing the middlemen – like e-magazine, news sites, blog platforms and other publishers from the content distribution channel. By doing so, DECENT democratizes the internet by putting the power back into the hands of the content creator’s and publishers.
The platform is built on multiple application layers, to offer multiple decentralized features. DECENT is meant for everyone who would like to share or publish any form of digital data on the internet. The digital content distribution has not changed much for a while now. In order to reach the users, authors still have to rely on third parties, which DECENT looks forward to changing in the coming days.
According to DECENT, in order to liberate readers, authors, content creators and users from unnecessary middlemen uses blockchain based peer to peer transmission of content to provide the same rights to the content, to everyone irrespective of their geographical location. DECENT is a stable, secure and a cost-effective platform that is free for everyone to use.
DECENT uses multiple layers, the transaction layer which is secured by blockchain technology and the data sharing layer using modified BitTorrent protocol to decentralize content sharing. The reputational layer will allow users to rate the content generated on the platform. The ratings received by content creators on DECENT will be stored on the blockchain forever, allowing them to build their reputation over their lifetime.
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With DECENT’s decentralized technology, the content hosted on the platform is immune from modifications, changes, and interference from external parties. People will decide what they want to buy and consume. The founders expect DECENT to become the mainstream content delivery platform in the coming years.
The DECENT platform is powered by DCT crypto tokens, the fuel for DECENT platform. DCT is also a tradable asset that can be used for transactions over the network to buy and sell content over DECENT platform.
Once the crowd sale opens up, interested people can choose to buy DCT with Bitcoin. The DECENT foundation intends to distribute over 78% of DCTs among the public (including miners), 14 percent among the early angels and the founding team while the rest will be in possession of the DECENT Foundation.
As the world takes another step towards complete decentralization, a combination of DECENT and InterPlanetary File System will form the crucial backbone of the whole decentralized internet infrastructure.
Ref: DECENT Foundation Image Courtesy of NewsBTC All Rights Reserved
