DeSo offers a blockchain platform focusing on decentralizing social media, supporting storage-heavy applications and creator monetization. It emphasizes open-source and on-chain data.

History

DeSo is a layer-1 blockchain for storage-heavy applications, like social applications. DeSo was designed to be able to store and index content cheaply, and so the same Tweet costs ~1/10,000th of a penny to store on DeSo.

DeSo currently has over 1.5 million wallets, and a growing library of hundreds of apps. It also has many investors, including Sequoia, Andreessen Horowitz, Social Capital, PolyChain, Pantera, and many others who provided over $200 million in backing to the project.