DeSo Blockchain

DeSo is a new layer-1 blockchain built from the ground up to decentralize social media.

General Information
Company Name
DeSo Blockchain
Founded Year
2021
Location (Offices)
Los Altos, United States +1
Founders / Decision Makers
Number of Employees
24
Industries
-
Funding Stage
Series Unknown
Social Media

DeSo Blockchain - Company Profile

DeSo Blockchain is a layer-1 blockchain aiming to revolutionize social media decentralization and scale storage-heavy applications to cater to billions of users. The startup has gained notable traction with the backing of prominent investors including Sequoia, Andreessen Horowitz, Social Capital, and Coinbase Ventures. Recently listed on Coinbase, it has garnered impressive metrics with over 1.8 million accounts created and transacted over $1B on-chain. DeSo's mission revolves around placing control back into the hands of users, empowering creators to monetize through innovative tools like Social Tokens, Social DAOs, Social NFTs, and Social Tipping. The platform also offers developers a gasless, permissionless, and transparent environment to build storage-heavy or infinite-state applications, ultimately shaping the next generation of web3 social. Founded in 2021 and headquartered in the United States, DeSo's vision aligns with the overarching trend towards user, creator, and developer empowerment in the digital sphere.

Taxonomy: Decentralization, Social Media, Crypto, Social Tokens, NFTs, Monetization, Creator Economy, Web3, DAOs, Censorship-Resistant, Developer-Friendly, Permissionless, Scalability

Funding Rounds & Investors of DeSo Blockchain (1)

View All
Funding Stage Amount No. Investors Investors Date
Venture Round $20.00M 4 Sequoia Capital 17 Jan 2024

Latest News of DeSo Blockchain

View All

No recent news or press coverage available for DeSo Blockchain.

Similar Companies to DeSo Blockchain

View All
Wow Labz - Similar company to DeSo Blockchain
Wow Labz An award winning turnkey product development company, committed to building apps that wow the world.