Blockchain Twitter App Launches Decentralized Social, DESO

Blockchain Twitter App Launches Decentralized Social, DESO

Content today is hosted on centralized platforms like Twitter, Telegram, or Instagram. Many industry leaders like Elon Musk and even Twitter founder Jack Dorsey have been looking for an alternative.

Diamond Launches Web3 Social App  

Recently, messages emerged between the two billionaire entrepreneurs regarding a blockchain-based social media platform.

"I have an idea for a blockchain social media system that does both payments and short text messages or links like Twitter." Elon Musk said this in one text exchange.

He continued, "The third piece is a Twitter-like app on your phone that accesses the database in the cloud. This could be massive."

But Musk may not create a decentralized Twitter alternative as the same has been launched by Diamond, a Web3 social app powered by the DESO blockchain.

Diamond is the first platform ever to host its content and social graph on a decentralized blockchain.

Content creators, writers, and authors can own their content by publishing in the DESO chain, be free from censorship, and gain from monetizing their content, which has never been possible before.

Posts on Diamond can be minted as NFTs, and much more. Creators on Diamond can very easily launch social tokens that allow their followers to invest in their success. All with simply creating an account on a web-based platform like Instagram.

Diamond’s choice to use the DESO blockchain for hosting all of its content showcases DESO’s unique strength in content storage. "Existing blockchains cannot store content efficiently," says Nader Al-Naji, the founder of DESO. "It costs about USD 50 to store a 200-character tweet on Ethereum, and about fifteen cents to store it on Solana, Avalanche, or Polygon. In contrast, DESO is one ten-thousandth of a cent, making it the first blockchain capable of disrupting storage-heavy applications like social, blogging, and even marketplaces," he says.

Diamond’s integration of the DESO wallet makes it possible to onboard Ethereum users as well as mainstream users. "The DESO wallet supports both a one-click Google login and a one-click MetaMask login," says Al-Naji.

"It’s not our goal to be tied to a single chain, or any chain. We just want to allow people to connect. DESO is the unified social layer for all of Web3," he says.

This is the latest in a recent string of successes for DESO. The platform listed on Coinbase earlier this year announced a groundbreaking MetaMask integration last week that has caused a significant price surge. It has also been experiencing a recent surge in user numbers.

Diamond and DESO offer a decentralized solution that can finally compete with the Web2 giants. "DESO is the first and only blockchain that allows developers to build social apps where you can’t even tell you’re on a blockchain," says Al-Naji. "That means, for the first time, we have a shot at finally expanding Web3 from disrupting finance to disrupting the trillion-dollar social media industry."

DESO is a new blockchain to decentralize social media and scale storage-heavy applications to billions of users. It has raised USD 200 million and is backed by Sequoia, Andreessen Horowitz, Coinbase Ventures, Social Capital, Polychain Capital, Winkelvoss Capital, and Pantera, among others.