Decentralized Social Spotlighted on MilkRoad
The Daily DeSo
MilkRoad is one of the fastest-growing crypto newsletters on the planet. It was started in January of 2022, has over 250,000 subscribers and it's already been acquired.
They recently created this super funny video about SBF on TikTok saying he's sorry, but I digress.
Right before the previous year ended, the Milkman himself did an in-depth peek into decentralized social media. The info below was taken from MilkRoad.
INTRO TO DESO AND HOW IT WORKS
Before DeSo, there was a technical breakthrough standing in the way of decentralizing social media...
The ability to store content cheaply on a decentralized blockchain.
Nobody is going to use a social app that charges you $0.25+ for every like, follow, and Retweet.
Well, DeSo was the first to bring the raw cost of decentralized social media down to a competitive level, which was table stakes for moving off of the centralized social media platforms.
So what exactly is DeSo? It's a layer 1 blockchain that’s optimized specifically for social media apps.
100% open-source. All data is on-chain & easily verifiable - profiles, posts, comments, likes, etc.
You own your data. And you can take all your data with you across any app on the blockchain.
Easy to use. Creating an account is just as easy as signing up for Instagram (plus you get free $DESO coins when you do.)
Easy for devs to build on. You don’t need to know anything about smart contracts, just a basic knowledge of Javascript.
Listed on Coinbase. Going in and out of DeSo and fiat is easy thanks to a recent listing on Coinbase.
The MilkRoad write-up goes on, please read it in it's entirety here.
Here's a great video in which DeSo Founder Nader Al-Naji explains the next big social media network with Sam Parr and Shaan Puri.
DeSo Update: A Taste of 2023
What's Coming in 2023?
As a reminder, you can always see a fully up-to-date version of our roadmap on deso.com. But below are some highlights...
The New Face of DeSo
Completely revamped deso.com with crazy 3D graphics.
Completely revamped developer hub, with first-class video tutorials, documentation, and much more.
Encrypted Group Chats: Web3 Signal
On-Chain end-to-end encrypted group chats, with an accompanying AAA mobile app.
Tentatively partnering with a major NFT platform on this launch.
Also enables the most advanced and easiest-to-use wallet-to-wallet chat on the market (thanks to the MetaMask integration)
Pearl: Web3 Patreon
Pearl is launching a new concept we think of as "subscription coins" that we're very excited about
Sign up on Pearl's website to be the first to try it.
Stripe for Crypto (MegaSwap Public Launch)
Convert any currency to any currency for easy onboarding, and in-app USDC cash-out. This will give all DeSo apps a major leg-up when it comes to onboarding and user experience.
Decentralized Verifications (On-Chain Associations)
Many interesting growth opportunities arise from the on-chain associations primitive as well.
DeSo x Princeton "Coin-athon" (via Openfund)
30-day DeSo "coin hackathon" in Feb 2023 on Princeton campus.
Entrants will be required to launch a coin on OpenFund, and students will be given free DESO to invest in other students' projects.
This new model has the potential to become an inexpensive way to source high-quality builders to create new social experiences on DeSo.
DeSo Vaults: Web3 Dropbox
Inexpensive and secure on-chain end-to-end-encrypted file storage accessible from anywhere in the world and censorship-resistant.
The Decentralized Web
The launch of DeSo Vaults will enable DeSo to become the easiest web-hosting solution in the world, with full censorship-resistance. If you upload an index.html to your vault, which you will be able to do via a clean web UI on your profile page, the path to that file will automatically render as a web-page on every node.
Newsletter: Web3 Substack
"Email my followers" capability via secure on-chain email sharing directly with creators.
Self-Sovereign Content (aka Ultra-Private Content)
The ability to share content only with your followers in a fully end-to-end encrypted fashion.
Second Half of 2023
Launching the Next BitClout
Once all infrastructure upgrades are fully complete, DeSo plans to leverage all of the launches mentioned above in a new breakthrough social app.
Learn more about DeSo on deso.com.
About the Creator
Meiko S. Patton
I demystify decentralized social media.
Creator, The Daily DeSo Newsletter.
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