Decent (DCT) Price

When Bitcoin first came into existence, it not only set the precedent for a decentralised financial world, but it also put forth an undisputed proof of blockchain technology. However, despite its revolutionary outlook, it still had its flaws which the subsequent blockchain projects aimed to improve. Furthermore, developers also realised that blockchain holds a massive potential in fields well beyond the scope of finance. Among the numerous projects that followed, one is named DECENT.

 

What is DECENT?

 

DECENT is a decentralised, open source blockchain-based platform designed for the sole purpose of content distribution, with no third party intervention and manipulation whatsoever. Users of the DECENT Platform can create, publish, sell, and share their content without worrying about any unnecessary fees, censorship or removal of their content. This digital content can be anything - video files, audio files, texts, news, articles, pictures and many more.

 

The DECENT Platform was developed with the idea of embracing freedom of speech. Censorship, content manipulation and hefty publishing fees are some of the few issues that content creators face in today's world. However, owing to the decentralised nature of the DECENT Platform, these issues have not only been addressed thoroughly, but it has also ensured that the absolute control of the content lies with their respective authors - bloggers, writers, artists, and so on.

 

There is no central authority on DECENT dictating how the content should be, thereby ensuring that the success of a content creator depends solely on his/her ability. In addition to this, the DECENT protocol also eliminates all geographical and political obstacles that plague the publishing industry. As a result, anyone in the world can freely express themselves and create content to their heart's desire. Developers can also build their own applications on the top of DECENT Platform.

 

DECENT works on a combination of blockchain technology and a modified version of the BitTorrent protocol - one of the world's most popular peer-to-peer file sharing system. To publish content on the platform, authors need to upload their file and decide on a price that the content consumers must pay to access/download the said file. The price is determined only by the author and it can be as low as zero. Authors can also select the part of the content that can be accessed for free, sort of like a preview.

 

Once the author creates and uploads the content to the network, it is then split and encrypted by the application. The next step in the process is to publish this content which is done by the publishers. Publishers are essentially the systems that keep the DECENT network up and running. These systems are tasked with the responsibility of downloading the content and broadcasting the relevant metadata over the entire blockchain.

 

In simpler terms, they host content over the blockchain for consumers to download. Since the content is encrypted by the application, the publishers have no way of knowing what content is. For their efforts, publishers are rewarded with DCT tokens - the inherent currency of the DECENT Platform. Therefore, this publishing process is analogous to mining.

 

The consumers can now browse the content over the blockchain and decide on what they want to download after going through the preview/free-to-read part. Upon downloading the content, the consumer is provided with a decryption key to access the file. The content is paid for with DCT tokens which, in turn, is sent to the author after a small portion of it is paid to the publishers for hosting the content.

 

Needless to mention, DCT tokens are important to publish and download content on the DECENT Platform. It is worth mentioning that in this entire process, DECENT takes no cut from the profits earned by the creators and publishers. In fact, the platform is a non-profit organization by the DECENT Foundation. Its sole purpose is to shape the future of the DECENT platform in addition to issuing tokens and developing the platform further.

 

Where to buy DCT tokens?

 

DCT tokens can be purchased from some of the world's leading cryptocurrency exchanges like Bittrex, Upbit, HitBTC, et cetera. It considered to be an altcoin and therefore, it needs to be purchased against Bitcoin.

 

DCT Wallets

 

The DECENT Platform has designed wallet client for storing DCT tokens. Alternately, one can also look into cold storage options such as Nano Ledger S or Trezor. These options are considerably safer given that they are far less prone to hacking attacks.

 

DCT Mining

 

It is possible to mine DCT tokens. The network uses Proof-of-Stake mechanism to achieve consensus throughout the network. To get started with mining, you need to visit the official website of the DECENT Platform and browse through the 'How To' section.

 

DCT Cryptocurrency Price Trends

 

As of May 24, 2018, the price of 1 DCT token is worth approximately 0.5 USD. Over the course of last few months, the coin has behaved in a volatile manner undergoing drastic fluctuations in price. Despite this, it hasn't been able to move beyond the $1 mark.

 

It is interesting to note that prior to this, the token had a breathtaking bull-run in the months of December and January. The coin managed to move past the $3.20 mark but failed miserably to sustain that heading for long. When the bubble collapsed, the prices of almost all the cryptocurrencies entered a state of freefall, including DECENT. By early February, DCT had lost more than 300 percent in value and since then, it has been attempting to regain its losses.

 

Date

Volume

Open (USD)

High (USD)

Close (USD)

Market Cap (USD)

Daily Percentage Change

Mar 31, 2018

101,126

0.334424

0.356644

0.340322

17,158,000

1.76%

Mar 30, 2018

112,649

0.343052

0.346377

0.334426

17,600,700

-2.51%

Mar 29, 2018

160,335

0.404833

0.413207

0.342745

20,770,400

-15.34%

Mar 28, 2018

172,161

0.397036

0.418577

0.404138

20,370,300

1.79%

Mar 27, 2018

230,458

0.427145

0.428696

0.397395

21,915,100

-6.96%

Mar 26, 2018

407,261

0.440155

0.471895

0.42828

22,582,600

-2.70%

Mar 25, 2018

561,778

0.427272

0.476614

0.440504

21,921,700

3.10%

Mar 24, 2018

130,441

0.456825

0.467841

0.434535

23,437,900

-4.88%

Mar 23, 2018

174,501

0.487756

0.491666

0.444154

25,024,800

-8.94%

Mar 22, 2018

232,504

0.460437

0.496584

0.468114

23,623,200

1.67%

Mar 21, 2018

365,242

0.463372

0.494345

0.459228

23,773,800

-0.89%

Mar 20, 2018

1,379,450

0.419288

0.502362

0.467631

21,512,000

11.53%

Mar 19, 2018

265,646

0.3947

0.456797

0.423428

20,250,500

7.28%

Mar 18, 2018

202,476

0.406545

0.412928

0.396406

20,858,200

-2.49%

Mar 17, 2018

198,317

0.44491

0.468219

0.40888

22,826,600

-8.10%

Mar 16, 2018

374,466

0.519468

0.521366

0.444315

26,651,900

-14.47%

Mar 15, 2018

415,911

0.517325

0.534741

0.508254

26,541,900

-1.75%

Mar 14, 2018

542,162

0.60902

0.637038

0.522741

31,246,400

-14.17%

Mar 13, 2018

506,943

0.616384

0.637995

0.610212

31,624,300

-1.00%

Mar 12, 2018

605,640

0.659519

0.699372

0.619629

33,837,300

-6.05%

Mar 11, 2018

583,652

0.614937

0.708927

0.642971

31,550,000

4.56%

Mar 10, 2018

1,327,920

0.648281

0.727997

0.615878

33,260,800

-5.00%

Mar 09, 2018

1,082,660

0.687655

0.750643

0.665793

35,280,900

-3.18%

Mar 08, 2018

5,341,740

0.714531

0.864267

0.689626

36,659,800

-3.49%

Mar 07, 2018

505,624

0.805835

0.831547

0.724925

41,344,300

-10.04%

Mar 06, 2018

472,867

0.866889

0.866889

0.806924

44,476,700

-6.92%

Mar 05, 2018

540,207

0.901162

0.915563

0.872563

46,235,100

-3.17%

Mar 04, 2018

1,295,920

0.954914

0.954914

0.920627

48,992,900

-3.59%

Mar 03, 2018

1,598,970

0.892822

0.969582

0.94647

45,807,200

6.01%

Mar 02, 2018

3,488,820

0.835488

0.988519

0.902528

42,865,600

8.02%

Mar 01, 2018

1,788,980

0.713349

0.87991

0.837641

36,599,100

17.42%

Feb 28, 2018

308,151

0.737542

0.78063

0.708781

37,840,400

-3.90%

Feb 27, 2018

516,753

0.716216

0.807827

0.738412

36,746,200

3.10%

Feb 26, 2018

208,916

0.709957

0.743699

0.713844

36,425,100

0.55%

Feb 25, 2018

187,633

0.700442

0.728342

0.70905

35,936,900

1.23%

Feb 24, 2018

180,698

0.70229

0.732651

0.701672

36,031,700

-0.09%

Feb 23, 2018

172,045

0.691697

0.747202

0.703151

35,488,300

1.66%

Feb 22, 2018

303,990

0.729414

0.788489

0.692344

37,423,400

-5.08%

Feb 21, 2018

299,719

0.820474

0.83165

0.730155

42,095,300

-11.01%

Feb 20, 2018

527,632

0.919728

0.939885

0.821515

47,187,600

-10.68%

Feb 19, 2018

4,128,510

0.816035

1.15

0.918607

41,867,600

12.57%

Feb 18, 2018

240,052

0.916973

0.928817

0.8195

47,046,300

-10.63%

Feb 17, 2018

355,751

0.920141

0.945143

0.915932

47,208,800

-0.46%

Feb 16, 2018

552,501

0.903983

1.01

0.921485

46,379,800

1.94%

Feb 15, 2018

193,464

0.875437

0.928139

0.905749

44,915,200

3.46%

Feb 14, 2018

347,291

0.847443

0.894083

0.87496

43,479,000

3.25%

Feb 13, 2018

227,081

0.927813

0.932389

0.843449

47,602,500

-9.09%

Feb 12, 2018

330,185

0.855226

0.959863

0.926709

43,878,300

8.36%

Feb 11, 2018

233,674

0.916913

0.919315

0.849829

47,043,200

-7.32%

Feb 10, 2018

525,858

0.984158

1.03

0.917786

50,493,300

-6.74%

Feb 09, 2018

545,375

0.951674

0.981851

0.978084

48,826,700

2.78%

Feb 08, 2018

446,218

0.85858

0.994399

0.957

44,050,400

11.46%

Feb 07, 2018

1,172,970

0.855764

1.06

0.859202

43,905,900

0.40%

Feb 06, 2018

501,637

0.728816

0.807505

0.782552

37,392,700

7.37%

Feb 05, 2018

752,098

1

1

0.736326

51,314,400

-26.37%

Feb 04, 2018

497,009

1.02

1.08

0.938326

52,100,300

-8.01%

Feb 03, 2018

466,379

0.998943

1.06

1.01

51,251,900

1.11%

Feb 02, 2018

3,663,070

1.04

1.17

0.997368

53,430,600

-4.10%

Feb 01, 2018

1,004,350

1.32

1.34

1.04

67,591,000

-21.21%

Jan 31, 2018

2,305,590

1.26

1.35

1.29

64,504,500

2.38%

Jan 30, 2018

4,039,460

1.77

1.84

1.27

90,853,000

-28.25%

Jan 29, 2018

1,665,060

1.76

1.77

1.77

90,278,700

0.57%

Jan 28, 2018

2,643,150

1.74

1.88

1.76

89,111,500

1.15%

Jan 27, 2018

4,035,650

1.58

1.92

1.74

81,310,100

10.13%

Jan 26, 2018

1,621,820

1.75

1.82

1.61

89,852,200

-8.00%

Jan 25, 2018

9,052,540

1.67

2.13

1.75

85,539,400

4.79%

Jan 24, 2018

2,008,730

1.51

1.75

1.75

77,266,300

15.89%

Jan 23, 2018

7,219,460

1.39

1.97

1.51

71,230,200

8.63%

Jan 22, 2018

508,942

1.57

1.62

1.4

80,756,300

-10.83%

Jan 21, 2018

774,659

1.98

1.98

1.53

101,466,000

-22.73%

Jan 20, 2018

1,527,790

1.58

2.05

1.98

80,905,100

25.32%

Jan 19, 2018

635,634

1.46

1.63

1.57

75,048,200

7.53%

Jan 18, 2018

1,305,780

1.39

1.66

1.47

71,371,600

5.76%

Jan 17, 2018

920,327

1.4

1.55

1.38

71,602,300

-1.43%

Jan 16, 2018

1,118,300

2.01

2.01

1.4

102,937,000

-30.35%

Jan 15, 2018

1,232,000

2.17

2.19

2.02

111,192,000

-6.91%

Jan 14, 2018

919,839

2.38

2.38

2.16

122,257,000

-9.24%

Jan 13, 2018

1,285,420

2.39

2.51

2.39

122,432,000

0.00%

Jan 12, 2018

1,512,870

2.27

2.51

2.36

116,499,000

3.96%

Jan 11, 2018

1,318,780

2.78

2.79

2.23

142,427,000

-19.78%

Jan 10, 2018

1,929,050

2.76

2.82

2.78

141,781,000

0.72%

Jan 09, 2018

7,399,490

2.87

3.45

2.75

147,057,000

-4.18%

Jan 08, 2018

2,048,460

3.03

3.1

2.77

155,612,000

-8.58%

Jan 07, 2018

2,134,610

3.08

3.21

3.02

158,221,000

-1.95%

Jan 06, 2018

3,240,700

2.82

3.35

3.09

144,464,000

9.57%

Jan 05, 2018

7,526,340

2.88

3.51

2.86

147,569,000

-0.69%

Jan 04, 2018

2,923,630

2.46

2.83

2.83

126,173,000

15.04%

Jan 03, 2018

2,570,570

2.51

2.71

2.43

128,768,000

-3.19%

Jan 02, 2018

3,114,490

2.5

2.59

2.53

128,087,000

1.20%

Jan 01, 2018

3,204,860

2.54

2.62

2.5

130,489,000

-1.57%

Dec 31, 2017

9,944,160

1.82

2.77

2.57

93,488,000

41.21%

Dec 30, 2017

2,493,600

2.07

2.07

1.91

106,038,000

-7.73%

Dec 29, 2017

4,606,260

1.87

2.23

2.1

96,128,000

12.30%

Dec 28, 2017

6,023,790

2.18

2.23

1.88

111,778,000

-13.76%

Dec 27, 2017

33,953,300

1.36

2.55

2.27

69,737,600

66.91%

Dec 26, 2017

3,634,040

1.4

1.63

1.34

71,663,200

-4.29%

Dec 25, 2017

5,799,210

1.22

1.61

1.41

62,674,800

15.57%

Dec 24, 2017

2,881,820

1.13

1.27

1.22

58,112,300

7.96%

Dec 23, 2017

6,162,170

0.811377

1.33

1.12

41,628,600

38.04%

Dec 22, 2017

1,210,860

1.13

1.14

0.780277

57,941,000

-30.95%

Dec 21, 2017

2,065,780

1.03

1.21

1.11

52,876,400

7.77%

Dec 20, 2017

3,875,740

0.929299

1.24

1.04

47,678,700

11.91%

Dec 19, 2017

5,010,130

0.957255

1.29

0.938495

49,113,000

-1.96%

Dec 18, 2017

2,572,600

0.790037

1.04

0.948714

40,533,700

20.08%

Dec 17, 2017

1,009,640

0.779904

0.833546

0.789881

40,013,800

1.28%

Dec 16, 2017

1,276,670

0.776133

0.833943

0.77961

39,820,300

0.45%

Dec 15, 2017

1,764,510

0.818478

0.894916

0.765747

41,992,900

-6.44%

Dec 14, 2017

2,095,830

0.774451

0.873455

0.795496

39,734,100

2.72%

Dec 13, 2017

1,000,060

0.723503

0.819007

0.757897

37,120,100

4.75%

Dec 12, 2017

1,922,060

0.653285

0.884543

0.735717

33,517,500

12.62%

Dec 11, 2017

390,114

0.641138

0.707548

0.651185

32,894,300

1.57%

Dec 10, 2017

345,960

0.750603

0.750603

0.646641

38,510,500

-13.85%

Dec 09, 2017

638,838

0.71886

0.895802

0.74832

36,881,900

4.10%

Dec 08, 2017

723,449

0.642316

0.746371

0.73086

32,954,700

13.79%

Dec 07, 2017

1,211,130

0.829955

0.887691

0.605027

42,581,700

-27.10%

Dec 06, 2017

1,562,980

0.959515

0.970802

0.859149

49,229,000

-10.46%

Dec 05, 2017

2,258,410

1.06

1.06

0.961647

54,145,200

-9.28%

Dec 04, 2017

4,527,630

0.838844

1.09

1.05

43,037,800

25.17%

Dec 03, 2017

668,037

0.897148

0.951353

0.829584

46,029,100

-7.53%

Dec 02, 2017

1,048,340

0.929771

0.953393

0.89445

47,702,900

-3.80%

Dec 01, 2017

531,781

0.723702

0.913684

0.911234

37,130,300

25.91%

Nov 30, 2017

492,547

0.647407

0.864826

0.727109

33,215,900

12.31%

Nov 29, 2017

1,776,220

0.774406

0.996518

0.637597

39,731,700

-17.67%

Nov 28, 2017

1,174,870

0.960922

0.960922

0.774444

49,301,200

-19.41%

Nov 27, 2017

792,024

0.942313

1.01

0.957862

48,346,400

1.65%

Nov 26, 2017

1,021,370

0.797226

0.988423

0.95106

40,902,500

19.30%

Nov 25, 2017

939,925

0.783193

0.826719

0.797382

40,182,600

1.81%

Nov 24, 2017

1,163,380

0.659921

0.81278

0.796364

33,858,000

20.68%

Nov 23, 2017

881,879

0.685591

0.735516

0.661779

35,175,000

-3.47%

Nov 22, 2017

877,414

0.673504

0.743062

0.68581

34,554,800

1.83%

Nov 21, 2017

1,297,270

0.581749

0.746934

0.671791

29,847,300

15.48%

Nov 20, 2017

640,881

0.539976

0.601265

0.581641

27,704,000

7.72%

Nov 19, 2017

529,007

0.475463

0.574458

0.529445

24,394,200

11.35%

Nov 18, 2017

161,927

0.481643

0.505764

0.479825

24,711,200

-0.38%

Nov 17, 2017

288,940

0.534943

0.534943

0.49636

27,445,800

-7.21%

Nov 16, 2017

2,477,900

0.665846

0.751986

0.535807

34,161,900

-19.53%

Nov 15, 2017

909,020

0.465895

0.691887

0.668238

23,903,300

43.43%

Nov 14, 2017

527,252

0.391085

0.491866

0.468851

20,065,000

19.88%

Nov 13, 2017

59,424

0.352755

0.403692

0.390194

18,098,500

10.61%

Nov 12, 2017

99,146

0.39252

0.39252

0.352342

20,138,700

-10.24%

Nov 11, 2017

124,296

0.415861

0.433306

0.389807

21,336,200

-6.27%

Nov 10, 2017

133,946

0.473375

0.501948

0.417346

24,287,000

-11.84%

Nov 09, 2017

138,762

0.456184

0.497594

0.471977

23,405,000

3.46%

Nov 08, 2017

230,740

0.424143

0.487576

0.465199

21,761,100

9.68%

Nov 07, 2017

102,716

0.427901

0.436079

0.43407

21,953,900

1.44%

Nov 06, 2017

184,825

0.447326

0.481476

0.42515

22,950,600

-4.96%

Nov 05, 2017

289,076

0.402264

0.481909

0.4456

20,638,600

10.77%

Nov 04, 2017

83,814

0.416432

0.41659

0.403027

21,365,500

-3.22%

Nov 03, 2017

62,709

0.428842

0.446071

0.417517

22,002,200

-2.64%

Nov 02, 2017

159,581

0.427346

0.492368

0.429404

21,925,500

0.48%

Nov 01, 2017

95,015

0.475807

0.48095

0.42687

24,411,800

-10.29%

Oct 31, 2017

144,862

0.467232

0.490079

0.476097

23,971,900

1.90%

Oct 30, 2017

105,507

0.426726

0.49178

0.468883

21,893,700

9.88%

Oct 29, 2017

250,266

0.443987

0.485808

0.429158

22,779,200

-3.34%

Oct 28, 2017

58,614

0.45201

0.491772

0.444854

23,190,900

-1.58%

Oct 27, 2017

123,890

0.470494

0.478306

0.450437

24,139,200

-4.26%

Oct 26, 2017

137,499

0.495098

0.510904

0.470191

25,401,500

-5.03%

Oct 25, 2017

193,339

0.503023

0.510869

0.494956

25,808,200

-1.60%

Oct 24, 2017

281,140

0.457864

0.539415

0.502821

23,491,200

9.82%

Oct 23, 2017

859,018

0.452999

0.637433

0.458838

23,241,600

1.29%

Oct 22, 2017

264,640

0.40619

0.532623

0.453729

20,840,000

11.70%

Oct 21, 2017

61,635

0.450257

0.461651

0.40661

23,100,900

-9.69%

Oct 20, 2017

192,271

0.491039

0.526964

0.445481

25,193,300

-9.28%

Oct 19, 2017

455,009

0.434496

0.572115

0.494765

22,292,300

13.87%

Oct 18, 2017

66,546

0.448131

0.451939

0.432612

22,991,900

-3.46%

Oct 17, 2017

78,178

0.47311

0.478143

0.448684

24,273,400

-5.16%

Oct 16, 2017

195,580

0.448664

0.525663

0.473489

23,019,200

5.53%

Oct 15, 2017

82,363

0.425233

0.479738

0.445472

21,817,000

4.76%

Oct 14, 2017

66,098

0.42505

0.44203

0.424473

21,807,600

-0.14%

Oct 13, 2017

142,178

0.453825

0.470973

0.42465

23,284,000

-6.43%

Oct 12, 2017

179,951

0.501914

0.505858

0.451918

25,751,200

-9.96%

Oct 11, 2017

139,970

0.461849

0.515253

0.497608

23,695,700

7.74%

Oct 10, 2017

128,095

0.437397

0.464461

0.462084

22,441,100

5.64%

Oct 09, 2017

192,343

0.49158

0.525395

0.437429

25,221,000

-11.02%

Oct 08, 2017

248,979

0.593108

0.601244

0.494297

30,430,100

-16.66%

Oct 07, 2017

120,540

0.616711

0.620087

0.589086

31,641,000

-4.48%

Oct 06, 2017

240,866

0.633448

0.667161

0.612589

32,499,700

-3.29%

Oct 05, 2017

267,514

0.617917

0.644808

0.62873

31,702,900

1.75%

Oct 04, 2017

226,040

0.587685

0.656694

0.617193

30,151,800

5.02%

Oct 03, 2017

189,277

0.633179

0.63835

0.592708

32,485,900

-6.39%

Oct 02, 2017

250,778

0.620246

0.669697

0.634895

31,822,400

2.36%

Oct 01, 2017

277,118

0.638233

0.664338

0.62267

32,745,200

-2.44%

 

Risks Associated with Investing in DCT

 

DCT is a part of a relatively new asset class that is quite volatile and subject to regulatory setbacks. The acceptance of the project and the competition in this space is another factor to be considered before you decide to purchase DCT tokens.

 

Therefore, it is recommended that you look into other investment options, such as mutual funds. They are less risky and can generate decent returns in the long-run.

 

Disclaimer:

"The Reserve Bank of India (RBI) and Ministry of Finance has frequently cautioned the users, holders and traders of virtual currencies regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with virtual currencies. RBI also further clarified that it has not given any licence/authorisation to any entity/company to operate schemes or deals related to Bitcoin or any virtual currency. RBI has also barred its regulated entities from dealing or providing services to any individual or business entities dealing with cryptocurrency. The Ministry of Finance has also officially stated that virtual currencies are not legal tender or coin.

A&A Dukaan Financial Service Private Limited ("BankBazaar") does not endorse investing or dealing in virtual currencies in any manner. The information provided on our website is solely for illustrative purposes and should not constitute investment advice or assistance in investing or dealing with crypto currencies. If you decide to invest or deal in cryptocurrencies, you should be aware that you will be dealing with the respective individuals or business entities dealing in cryptocurrency and BankBazaar has no role in any manner in such transactions or dealings. We strongly advise our visitors to invest in legally recognised financial instruments rather than risking their capital on virtual currencies which are unregulated instruments."

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