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Los Angeles, Calif., Oct. 3, 2022 by Chainwire
point:
of Deso The Foundation has announced the release of an ambitious roadmap for decentralizing social media and building the social layer of Web3.
Roadmap milestones will run over the next two quarters to solve today’s major social media problems.
Most people don’t realize that social media is more centralized than the financial system was when bitcoin was invented. Decentralizing social media and storing all content on the blockchain can solve this problem. Nader Al Najifounder of DeSo.
The release of Roadmap created a new message between Elon Musk and Jack Dorsey, blockchain based social media A protocol for making payments and short text messages.
Two billionaire entrepreneurs discussed how Twitter excels as an open-source protocol funded by foundations rather than corporations. Dorsey has expressed regret for turning Twitter into a company called “original sin”.
The foundation’s role in the open source blockchain-based social network is to fund and advance its development. Elon Musk called it “a very interesting idea” and offered to help. However, Dorsey eventually left the company after an unsuccessful attempt to put Musk on a Twitter message board.
Additionally, between Elon Musk and FTX founder Sam Bankman-Fried, blockchain twitter Or buy Twitter outright.
However, given the DeSo Foundation’s roadmap and the apps emerging from its ecosystem, this may not be necessary.
DeSo has released the first milestone of its roadmap. Metamask integration, was published last week. This will allow millions of his Ethereum users to log into his DeSo with a single click. We also plan to add more cross-chain communication bridges between ecosystems, including the Solanas Phantom wallet. Other potential integrations include Cardano and NEAR.
The transition from Proof of Work to Infinite Proof of Stake is also underway. Similar to Ethereum’s switch to Proof of Stake, DeSo Proof of Stake will reduce consumption and increase energy efficiency.
Hackathons are also underway at major Ivy League institutions where students can compete to build the next great decentralized social network.
The above is expected to be completed by the fourth quarter and we are hiring a key COO to help expand our business and marketing operations.
Many Experts Expect Decentralized Social Media To Be The Next Huge Market Opportunity, Ranked By Top Crypto Research Firm.DeSo Ranked #1 in Messari Seven other crypto trend analysis by globally addressable markets.
Over the next decade, social media is projected to attract 6 billion users and be worth trillions of dollars. Blockchain-based social networks are very attractive to her 50 million creators who are constantly looking for new platforms in today’s economy. The creator economy is currently valued at $100 billion.
DeSo has several social media apps born out of its ecosystem that appeal directly to the creator economy. blockchain based twitter An app that can be monetized with diamonds.
Deso is a new Layer 1 blockchain built from the ground up to decentralize social media and scale storage-hungry applications to billions of users. They raised his $200 million and are backed by Sequoia, Andreessen Horowitz, Coinbase Ventures, Social Capital, Polychain Capital, Winkelvoss Capital, Pantera and others.
$DESO, the native currency of the DeSo blockchain, is listed on Coinbase.
Check out our full roadmap and claim your username deso.com.
contact
Ash, Deso Foundation, [emailprotected]
