DeBox (BOX) is an advanced social platform designed for the Web3 era by leveraging decentralized identity (DID) technology. Platform Ethereum 
$2,682 Built within the ecosystem and Layer2 and Cosmos 
$4 It includes additional technologies such as the Inter-Blockchain Communication (IBC) protocol.
What is DeBox?
In fact, if you’re familiar with WeChat, DeBox aims to be the Web3 equivalent by offering a similar experience but with advanced security and privacy features unique to blockchain technology.
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.
In addition, DeBox was founded by Blackiron, a company that started developing the platform in 2021. DeBox’s Chief Operating Officer (COO) is Fang Kuai, who has experience working with humanDAO, a global decentralized autonomous community integrating Play-to-Win mechanics. The management team, which has a background in large technology companies such as Alibaba, is currently based in Singapore. However, the founders have chosen to remain anonymous, and only the COO’s LinkedIn profile is publicly available.
How Does DeBox Work?
DeBox is designed to address various pressing issues in the digital and crypto communities:
- Bots and Scams: The platform addresses the widespread issue of bots and phishing links that plague social media and crypto forums. DeBox minimizes 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 decision-making and ensuring asset management is more transparent and decentralized.
DeBox operates on a decentralized identity foundation that differs significantly from traditional centralized systems:
- Decentralized Identity (DID): DID technology is at the core of DeBox. Unlike traditional systems where identities are managed by central authorities, DID allows users to control their own identities on the blockchain.
- Integration with Ethereum and Layer2: DeBox is built on the Ethereum blockchain, leveraging its robust infrastructure for dApps. It also uses Ethereum Layer2 solutions that help scale and improve transaction speeds.
- Box Functionality: One of the standout features of DeBox is the “Box” functionality. Each Box is a digital asset that can be used in a variety of ways. For example, it can serve as an entry ticket to private groups or be used to manage DAO assets.
- Community and DAO Management: DeBox improves community management through DAO capabilities. DAOs are decentralized organizations governed by their members. On DeBox, DAOs can manage group assets and make decisions through proposals. The platform uses DID to verify members’ identity and eligibility.
- Fighting Phishing and Bots: The platform addresses issues such as phishing and bots by implementing advanced identification algorithms and community governance policies. For example, if an account is reported by more than one group, it may face a muting period to prevent spam.
DeBox (BOX) Reviews
BOX, the native cryptocurrency of the DeBox platform, is trading at $0.055 at the time of writing. 1,279 among all cryptocurrencies. The market value of BOX, which ranks next, is at the level of 5.5 million dollars.
In addition, BOX’s total supply is 1 billion tokens and there are currently 99.5 million tokens in circulation.
Where to Buy BOX Coin?
According to the data obtained, cryptocurrency exchanges such as UniSwap, Bitget, Gate, MEXC and LBank can be used to buy BOX.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
