FAQ and Top Need To Know Info About Deso
Do you want to know what DeSo is? Do you have questions on how to use DeSo?
I have seen a lot of questions about DeSo. This post is intended as a general overview and answers for the questions I am see posted in various places. There will be additional details for those wanting more in depth information on the DeSo Blockchain and various platforms built on DeSo.
Just follow the links on the various Topics below for more detail oriented information and instruction.
What is DeSo?
DeSo is Decentralized Social. DeSo is an open-source blockchain built specifically for operating social media platforms.
How to Sign Up On the Deso Network?
To sign up on DeSo you can use any of the social platforms that are built on top of DeSo. Currently, if you sign up on Diamond App using this link and do the KYC verification you can get $25 in free DeSo to start your journey.
What are DeSo Nodes?
DeSo Nodes are the websites that are built on top of the DeSo Blockchain.
How to Buy DeSo
There are currently 3 main options to buy DeSo.
Buy DeSo on the Nodes
The first method to buy DeSo crypto is on the actual nodes. Let’s use diamond app as an example.
Above is a screenshot from diamond app. The Diamond App Node has the 3 options offered on the DeSo Nodes. You can buy with fiat using your card through wyre, buy with Bitcoin, or you can buy with ETH.
Buy DeSo on Exchanges
There are two top tier exchanges that offer trading for DeSo at this time. More exchange listings are expected to come in the very near future including CoinBase.
AscendEX and Blockchain.com are the two options available for exchange trading.
How to Sell DeSo
You can sell your DeSo as normal if you are on the trading on blockchain.com and AscendEX.
If you are buying on the DeSo Nodes there could be a couple of layers.
I like to invest in individual creator coins. It is just like investing in altcoins in the regular crypto market. You can see a substantial increase in creator coins over the just investing in DeSo coin.
If you want to sell DeSo and have invested in a creator coins you will first need to sell them to convert to DeSo.
Go to your wallet as shown below and click on the 3 dots to the right of the coin. Click sell on the creator coin options.
Now that you have converted the creator coins to DeSo and they are in your $DeSo wallet we can move on to the next step.
For the next step go back in your DeSo wallet if you have already left it and click on the Send DeSo button on the right hand side of the screen.
You will see a popup like the one in the image below. Enter the public key from your blockchain.com or AscendEX wallet in order to cash out.
How to Mint NFTs on DeSo
For this article I will show you the simple way to mint your NFTs. I will be writing additional articles on some of the DeSo dApps that have been created mainly for NFTs.
On DeSo you can turn anything into an NFT. Even your first Post. Below you will see a new post I have created.
Click the 3 dots on the top right hand side.
Now follow the simple steps and on the one pager and click create NFT.
nftz.zone is a DeSo dApp that is developed on the DeSo Network specifically for minting NFTs. See the tutorial on YouTube for detailed step by step instructions on minting NFTs on nftz.zone.
Top DeSo dApps to Use
diamondapp.com — Diamond App is the Twitter-style social media platform built on DeSo. Join Using this Link for $25 in Free DeSo.
There is so much information to present about the DeSo network. I will continue to add to and update this article. Feel free to use the contact us for any questions you may have.
If you are on the DeSo Network or signing up now you can reach me at TheCharlieBrown or CryptoBite.