-
Decentr is an intuitive Web3 blockchain/metaverse browser and custom blockchain that securely stores user browsing data as part of a user’s Decentr ID (DecID).
-
Our decentralized blockchain browser allows users to access and retrieve data across multiple partner chains. This means our Web3/metaverse browser (we call the ‘metabrowser’) is for Web3 and the metaverse what Netscape was for Web2 – a foundational Web3 and metaverse solution that supports mass adoption of multiple, integrated technologies to create the Metaweb.
-
Decentr creates a seamless, decentralized, user-centric experience for Web3 and 3D/AR browsing to be used on mobile and desktop metaweb navigation. The bottom line is, if the public cannot access Web3/the metaverse then public adoption will be slow and a fully integrated Metaweb will not happen. We are changing this.
-
We are in talks with many potential metaverse partners to be first movers in integrating their spaces into an interoperable metaweb. Our key partner is Spheroid.io – they are an open source (most metaverses are closed source) metaverse with big plans for public adoption of their lands and attractions via the metaverse browser they are helping us build.
-
-
Our browser not only stores but also values user data securely as part of users’ DecID. This gives users complete control over their Web3 data and metadata, who they choose to show it to and what they do with it.
-
Because user data is securely valued, a proportionate value of this data is returned to users in Decentr’s native token $DEC,
directly into a user's dWallet each month. The dWallet is integrated as part of a user’s account.
-
DEC is one of only a few tokens with intrinsic value because it is based on a digital asset – data. Secure data is valuable and our Defi features let each user benefit economically from this value as determined by their PDV. The only way to access these features is $DEC, giving our native token enormous utility.
-
PDV functions as a ‘personalized’ exchange rate that allows users to gain economic benefits based on the value of their data, as determined by their PDV rate.
As with any ‘exchange rate’, the rate increase is determined by demand for the underlying ‘currency’ – in the case of PDV, the underlying ‘currency’ is the data that users generate as they browse the web and metaweb. This creates a true, user-centric data currency and economy.
-
A user’s PDV increases through positive engagement, reuse and exchange of their data across the decosystem and the metaweb – in other words, a user is rewarded for browsing the Web as they always do.
-
The long-term vision for Decentr is to allow users to sell their individual data via a data exchange to interested parties. But even leading data based projects, such as Ocean Protocol, recognise this is still a very early stage market. Decentr has
partnered with Ocean protocol to develop their shared vision of data as currency.
-
While the gap data sale gap is being bridged, Decentr has designed an alternative method to incentivise users:
As users interact with the Decentr ecosystem their PDV grows in value. Decentr currently provides a pool of 300 000 DEC rewards each month. Decentr will take the total PDV difference over the course of a month for a user and distribute a reward in DEC from the rewards pool, proportional to their share of overall PDV.
-
The Decentr browser and custom blockchain values and stores user data securely as part of their Decentr ID (or DecID). Data is valued on Decentr in two ways:
1. By way of determining intrinsic data value within the decosystem – in other words, what data is being generated, reused and exchanged that has maximum benefits for the decosystem and platform.
2. The value of data as determined by our data market partners/the wider data market.
-
No. The Decentr mainnet browser is the first (and currently only) ‘natively’ blockchain aware web3 browser. Our vision is for Decentr to be synonymous with crypto itself, the crypto browser of choice and the first step to entering the crypto ecosystem and the metaweb for any new user.
-
Existing browsers, like Chrome and Firefox, interact with web3 via extensions and are obviously not natively blockchain aware. Even the current crypto browser of choice, Brave, is not an actual web3 browser and uses ERC20 to connect to a centralized wallet provider in Uphold (this is past their somewhat shaky token utility and incentivisation model).
The Decentr browser now changes all of this and, as a result, our short term adoption and user acquisition strategy is based on the crypto ecosystem itself.
-
Our mainnet is built on the Tendermint/Cosmos SDK and, as such, offers many of the features of the underlying tech stack, most importantly, cheap and fast transactions – critical for a project such as Decentr where microtransactions for the transfer of data and payments form a majority of the transactions on the network.
-
Yes. As per other Tendermint/Cosmos deployments, Decentr’s mainnet operates on a delegated Proof-of-Stake consensus mechanism. This means there are a series of Decentr nodes that will power the blockchain/network and users will have the ability to either create their own Decentr node, or delegate their stake to an existing Decentr node and earn network rewards as a result.
-
The APR on network rewards is currently ~20%. By creating a Decentr node or
delegating your stake of native DEC tokens towards a node, you will not only be earning these network rewards, but also helping support and decentralize the Decentr blockchain and ecosystem. Even better, DEC token holders who wish to delegate their stake to a Decentr node can now do so directly via the Decentr browser.
-
Currently, there is no single metaverse: what currently exists is a collection of isolated proprietary centralized metaverses. Our aim is to integrate these disconnected metaverses as interconnected/interoperable ‘spaces’ to create the metaweb. These will conform to uniform Standards & Practices (S&Ps) within a single, decentralized metaweb.
-
We like to use this analogy: in the same way our blockchain browser integrates partner blockchains to create a foundational Web3 solution it also functions as a metabrowser to integrate partner metaverses into a single interoperable metaweb.