Video: Decentralized Social Media: What you need to know about #DaeSO?

 

 

Just consider it that a post submitted to Instagram, TikTok, or Twitter and etc belongs to these corporations, rather than the creator who posted it. And the monetization goes predominantly to these corporations as a result.

In contrast, according to the DeSO protocol, DeSO stores all of its data on a public blockchain, which means that anyone in the world can run a node that exposes their own curated feed. Today, bitclout.com operates one such node, but there are over 100 other projects running nodes and building apps on DeSo Blockchain as well.

DeSo, short for "decentralized social," is the first and only blockchain custom-built from the ground up to power and scale a new category of decentralized social applications to one billion users.

 DeSO holds much promise for value creation.

Click to Open your profile page now on DESO

What is DeSo (Decentralized Social)?

It’s like Facebook. But decentralized.

• A Layer-1 blockchain built to decentralize social media applications at scale

• A token supporting BitClout, the crypto social network that allows each creator to have their own tokens that can be bought and sold by followers


Join DeSO now and have your profile set-up

Use cases of DeSo

• Decentralizes the normally centralized data collected by social media applications.
• Puts content and intellectual property ownership back into the hands of creators on social.
• Creates a way for creators to have direct relationships with followers without intermediaries, unlocking new ways to engage and monetize audiences without ads.
Why is DeSo getting attention?

• October 4th, 2021 saw the longest Facebook outage in the company’s history, sparking discussions of more resilient technologies.

History of DeSo

• The DeSo blockchain was created by Nader Al-Naji, who started work on the project in early 2019.
• Al-Naji worked in high-frequency trading at D. E. Shaw and as an engineer on Google Search prior to raising $133 million for Basis, his previous company, which was building a decentralized dollar.
• Al-Naji is also the creator of BitClout, a high-profile social app built on the DeSo blockchain.


Join DeSO now to open your profile

Source: blockchain.com

Octane $50m developers fund: How to Apply for Funding

The Octane Fund is a $50 million fund to fuel the already-thriving Decentralized Social developer ecosystem, according to the deso.org.

Learn how to apply for funding today!

Now, armed with $50 million in cash, the Octane Fund will focus on the following initiatives:

Backing founders who are in "idea" stage at very favorable terms. To be considered for this funding, you must ideally build a demo that uses the DeSo blockchain in some way and submit your info to this very short form here.

Backing existing companies that are considering integrating DeSo features into their product. To be considered for this funding, please apply here.

Running multiple global hackathons focused on building out key components of the DeSo ecosystem, with large non-dilutive cash prizes and even larger equity investments for winning projects.

And the Octane Fund is only the beginning. In the coming weeks, we are excited to announce separate initiatives geared toward funding NFT artists on the DeSo blockchain as well as smaller creators via their social tokens. Stay tuned!

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