DeBox (BOX) is an advanced social platform designed for the Web3 era, leveraging decentralized identity (DID) technology. Built within the Ethereum 
$3,488 ecosystem, the platform incorporates additional technologies such as Layer2 and Cosmos Inter-Blockchain Communication (IBC) protocol.
What is DeBox?
If you are familiar with WeChat, DeBox aims to provide a similar experience while incorporating blockchain technology’s advanced security and privacy features, positioning itself as the Web3 equivalent.
The platform offers a range of functionalities, including one-on-one and group chats, DAO management, and asset management. It is particularly suitable for managing KOL fan groups and other communities where access can be controlled and monetized.
How Does DeBox Work?
DeBox is designed to address various urgent issues in digital and crypto communities:
- Bots and Fraud: The platform tackles the common issues of bots and phishing links disrupting social media and crypto forums by minimizing the impact of malicious actors using DID and advanced identification algorithms.
- Centralized Control in DAOs: DeBox aims to democratize DAO governance by involving community members in the decision-making process while ensuring asset management is more transparent and decentralized.
Operating on a decentralized identity foundation that significantly differs from traditional centralized systems, DeBox’s core elements include:
- Decentralized Identity (DID): DID technology allows users to control their identities on the blockchain, contrasting with traditional systems managed by central authorities.
- Integration with Ethereum and Layer2: Built on Ethereum’s blockchain, DeBox utilizes Ethereum Layer2 solutions to enhance transaction speeds.
- Box Functionality: One of DeBox’s standout features is its “Box” functionality, serving as a digital asset that can function in various ways, such as entry tokens for private groups or managing DAO assets.
- Community and DAO Management: DeBox enhances community management through DAO capabilities, where members govern decentralized organizations.
- Combating Phishing and Bots: The platform addresses phishing and bot issues by implementing advanced identification algorithms and community governance principles.
Comments on DeBox (BOX)
The native cryptocurrency of DeBox, BOX, is trading at $0.055 at the time of writing. BOX ranks 1,279 among all cryptocurrencies, with a market cap of approximately $5.5 million.
Additionally, BOX has a total supply of 1 billion tokens, with 99.5 million tokens currently in circulation.
Where to Buy BOX Coin?
According to available data, BOX can be purchased on crypto exchanges like UniSwap, Bitget, Gate, MEXC, and LBank.
