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:

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