Los Altos, United States
DeSo Blockchain is a revolutionary layer-1 blockchain designed to decentralize social media and support storage-heavy applications with the potential to scale to billions of users. Founded in 2021, DeSo aims to empower a creator-led, user-owned internet by transferring the control of identity, profiles, and content from big-tech to users themselves in a secure, censorship-resistant manner.
The platform is backed by prominent investors such as Sequoia, Andreessen Horowitz (a16z crypto), Social Capital, and Coinbase Ventures. With more than 1.8 million accounts and over $1 billion in volume transacted on-chain, DeSo was notably listed on Coinbase. Their latest funding event, a $20 million Venture Round, took place on January 17, 2024, backed by renowned investors.
DeSo introduces innovative monetization solutions like Social Tokens and Social NFTs, enabling creators to earn from their work. The platform promises developers a gasless, permissionless environment conducive to non-financial web3 applications, marking a new era in decentralized social interaction.
