How DeSo Blockchain Can Revolutionize Social Media » Movie News, Movie Reviews, Movie Trailers, TV News.

People who paid attention to BitClout last year may have heard of its successor, from So, a blockchain specializing in social media applications that is now making waves on the Web3. DeSo has been running for over a year and now has a significant ecosystem of social media apps built on top of it. While most blockchains are designed for economic and financial use cases, DeSo is designed purely for social purposes, providing a decentralized communication layer for the social media-centric Web3.

It is already well known that social media companies use algorithms to promote/demote content while collecting private data from their users to sell to third-party advertisers. Even worse, all social media profiles and user posts exist on private servers and can be deleted at any time. As a result, content creators do not ‘own’ the content they create and have limited monetization options. Many creators face the looming threat of de-platforming, demonetization and algorithms.”shadow ban” of your content. These centralized social media problems can be solved with blockchain technology, but public blockchains like Ethereum, Solana, or Polygon are too expensive to use because blockchain gas fees are too high to store social media data on-chain.

DeSo aims to be a solution to these problems. According to DeSo’s official website, DeSo is a blockchain designed specifically for social media applications. It seeks to provide a new way to create, own and monetize social media content by providing “social class” for Web3. All user posts and profiles are stored directly on the DeSo blockchain and can be accessed by any application built on it, making DeSo content ‘portable’. Content portability is one of DeSo’s defining qualities, as all posts are stored on the blockchain rather than private servers, and can be uploaded to any application built on DeSo and monetized in any way the owner chooses. In addition, artists can mint non-fungible tokens (NFTs) with their DeSo profile and can create and sell ‘social tokens’ that distribute revenue from NFT sales, features used in the popular DeSo Diamond Twitter app.

DeSo is the social layer of Web3

DeSo is not a smart contract blockchain like Ethereum. Instead, it is designed to store massive amounts of data from social media graphs and user profiles, which would be prohibitively expensive on any other network. For example, a 200-character tweet might cost $50 on Ethereum, but it costs less than $0.000017 on DeSo. Furthermore, City quarter, neighborhood reported on DeSo’s recent integration with popular crypto wallet Metamask, which provides Metamask users with a fully encrypted on-chain messaging service over the DeSo blockchain, along with a set of Twitter-like features. This extends the Metamask cryptocurrency wallet to include a cross-wallet encrypted messaging app and allows DeSo users to be created, published and tracked without gas. With plans to integrate Next Solane Phantom’s company, DeSo aims to be the blockchain-based social layer of the Web3 Internet, operating on all blockchains and all platforms agnostic.

Through DeSo, users can leave comments on NFTs that will be visible on all NFT markets on all blockchains, which can be invaluable in preventing the sale of counterfeit NFTs and could be adapted for Web3 e-commerce in the future. The ability to send messages to a user’s crypto wallet has been missing from Web3 for years, with some notable entries never coming to life, but DeSo’s integration with Metamask finally addresses this missing utility. With DeSo, Web3 is no longer just about sending magic internet money and buying expensive JPEG NFTs. It now provides social and communication tools that are completely decentralized and controlled by its creators, not social media companies.

While many users remain on Web2 social media platforms, there are many users and content creators who are tired of tiptoeing.”Algorithm” and are open to new ideas for content monetization. DeSo’s content portability is a game changer for content creators. from So stands out as a solid example of what blockchain technology can do that extends beyond economic technology as it aims to become the layer on which all communications and social activities live.

Sources: De So, Diamond, The Block, Metamask, Ghost

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