The DeSo Mission
Simply put, our mission is to decentralize social media the same way Bitcoin and Ethereum are decentralizing the financial world.
But why is that important? 🧵👇
We are focused on building for what's next.
Decentralized social media is inevitable and will unlock the world's full potential.
The next generation of social will be better for creators, users, and builders.
Everyone wants to build a super-app. But what we need is a super-*ecosystem*.
The world will not get better with one company centrally-planning things a little bit better.
The world will get better when anyone can compete permissionlessly from anywhere in the world.
Creator cash-out on http://diamondapp.com (powered by MegaSwap's API) is live!
This is an essential feature for creators to make a living and pay their bills as a creator in web3.
No more "creator funds" controlled by big tech are needed.
Just creators and their fans 💙🤝💙
The shipping is about to continue!
With MegaSwap, DeSo will be the most user-friendly blockchain in the world.
🔵Easy onboarding to DeSo
🔵Frictionless cross-chain swaps
🔵Embeddable with one line of code
🔵Full $USDC cash-out support
🔵No login required
All coming next week.
exec as COO
🔵Developers are constantly shipping
🔵Decentralized Social is the next big thing
🔵Our user base is growing (~150,000 MAUs)
Probably nothing.
DeSo Foundation has ~6+ years of USD runway at current burn, not even counting BTC treasury, which is much more than our cash (and full self-custody)
Not our first rodeo, and we know how to weather a storm. We're prepared to keep building through an ice age
This too shall pass
We are excited to welcome Salil to the team and introduce him to our amazing community.
Read Salil's full blog post here, and learn more about why he's joining DeSo, the Social Layer of Web3 👇
Salil will bring his deep expertise in business development, partner ecosystems, and go-to-market strategies to DeSo as we propel our ecosystem into the mainstream.
Today, we are excited to announce the hire of our new COO, Salil Shah.
Salil is a seasoned tech executive who most recently led go-to-market and growth for
We are witnessing a complete shift within the social landscape.
Power is being distributed back to the individuals who use the platforms.
As we enter this new era of social, we must focus on creators and give them and the users what they deserve: ownership.
Let's break free 💙
Peer-to-peer micropayments directly on content have been one of the most exciting and innovative features we have created.
We call them diamonds, and they are often used more than the like button.
See it for yourself here:
And the best part is... you only need one DeSo account to explore them all.
Creating an account on any of these gives you complete ownership of your social graph and content, which is then portable amongst all apps.
It's time to break free.
Welcome to the future of social 💙
🔵 Pearl is a new social platform built for creators and supporters to grow and earn together.
Their goal is to provide economic and creative opportunity for creators and their communities.
3️⃣ Rapid Development
Developers no longer need millions of users to launch a successful social application.
New social apps can be spun up in just a matter of minutes and tap into existing on-chain content and users.
2️⃣ Improved Moderation
Putting all content on-chain allows for a more open moderation experience.
Platforms can no longer censor content without any accountability for its actions.
1️⃣ Killer Applications and Experiences
An open platform removes the need for a top-down centralized organization to control our social experience.
By removing the barriers to entry, anyone in the world has the ability to create a new killer social app and experience.
, more innovation has happened in a seven-year span than the last 70 years in traditional finance.
Today there is over $55 Billion in total value locked (TVL) across all of DeFi.
Today, our feeds and timelines are controlled by 5 mega-corporations.
Everything we see online is in the hands of a small number of people.
This has led to stale social platforms and rampant censorship.
When you decentralize social media, you unlock the world’s full potential.
It has already happened with DeFi ($0 → $55 Billion in 7 years).
Here’s why DeSo is next 👇
There has never been a better time to rethink social and build an entirely new experience.
One that's creator-led, user-owned, and open to millions of devs around the world to build off one another.
It's time to put the power back in the hands of creators, users, and builders.