A few months back I came across a Twitter post talking about DeBank and what features it offered to the users. I faded it royally thinking it was just another project not really offering anything new. The interface looked very similar to Twetch (not to be confused with Twitch), which was a project built on BSV (yeah, that Bitcoin fork) aimed at overthrowing Twitter.
I was quite excited with the use case of Twetch at that time but it did not end well and left a bad taste in the mouth and that was the reason the first look of DeBank stirred up some bad memories.
Recently I came across a detailed review on Youtube and I finally was able to understand that DeBank has much more to offer than just being a Twitter replacement.
In this post I will be sharing which are the features of DeBank which I think hold the potential to take it to the next level and make it the most preferred social media platform for Crypto users.
Do you know which Coins & Shtcoins are in your Portfolio?*
One of the biggest advantages of DeBank for me is a clear view of your portfolio detailed by which coins you hold in which network and which is your Staking where, which Liquidity pools you are holding and any other DeFI or Yield farms you are into.
For me it was a blessing as I always try out quests in the latest blockchains and traditional portfolio trackers like Zapper don’t support them. There are many times I will participate in some DeFI project, stake some coins somewhere and completely forget about it.
The first time I saw my portfolio details on DeBank it gave me a clear picture of where all I had funds lying around and which were the ones I had completely forgotten about.
Do you want to Snoop the Wallets of Biggest Whales?
DeBank has a Whale tracker feature that shows which are the biggest crypto wallets currently. The top ones hold more than billions in crypto and DeBank gives you a birds eye view of which coins they are holding and you can even see their transactions. You can create wallet bundles and track them together.
If you notice trends in what movements are happening in the big wallets it will give you a clear indicator of what to expect in the markets soon.
Social Media that Pays for your Attention!
Currently they are already way too many social media platforms and messaging services that allow people tp interact with each other and form networks.
What is the unique use case of DeBank is that it let’s you set a price on your attention. The biggest nuisance on most platforms currently is the spam. With hundreds of scammers sending you DMs every day it is not easy to differentiate genuine proposals from scammers.
DeBank let’s you set a price on your attention eg. You can fix a $1 price for sending you DM. This means to send you a DM people have to pay $1, it will automatically filter out 99% of spammers and only people who genuinely want to interact with you will have access to your DMs.
Why I am Excited About DeBank?
Despite all this features one of the biggest reasons why I am rooting for DeBank is that it offers a means for all Crypto users to unite and help each other. Currently the biggest challenge that Content Creators focusing on Crypto face is that it is still such a niche that they hardly get any attention on the general social media platforms Twitter, Youtube and Medium.
While a food blogger or travel video creator might be able to rake up a million subscribers in no time, a dedicated crypto blogger will struggle to hit the 1,000 subscriber mark.
DeBank gives us a chance to support each other.
If this is a sentiment that resonates with you then take the first step and connect with me on DeBank here - https://debank.com/profile/0x31140c451c98048ec82780ec6148cf69d45bc459?t=1690709062296&r=70321
Cheers,
Sam