BitClout

Big news! Last Friday the SEC officially dismissed its enforcement action against me and against DeSo. This was the last legal issue I had to deal with and I am now completely and totally free to innovate and build again, unhobbled for the first time in years. Three important points: 1) This dismissal was NOT a settlement. It was "without costs or fees" to me or anyone involved (extremely rare) because there was no wrongdoing and no actual aggrieved parties. 2) This dismissal was "with prejudice" (also rare). This means they can't bring any related action back against me or DeSo in the future. 3) In the SEC's own words, it was based on "a reassessment of the evidentiary record," meaning the actual facts regarding my innocence were heavily scrutinized and drove the decision. Simply put: The government made a mistake in bringing this case in the first place. The government accused me of misleading an investor who I knew I had a great relationship with, as in they backed me two separate times and I literally had breakfast with them at their house not long prior to the charge. As a result, soon after the charge I found out that not only were they not upset with me, but they wanted the government to go away as badly as I did. As I understand it, the government compelled the investor to do an interview and then took their neutral testimony and represented it as adversarial. It was an alleged fraud with no actual misrepresentation nor any actual aggrieved parties. My lawyers said they'd never seen anything like this, and I think it speaks to how dogmatically anti-crypto the prior administration's SEC was. In the coming days and weeks, I will be hopping on some podcasts to tell the whole story, and boy is there a story to tell. Stay tuned, and if you know anyone who'd like to have me on as a guest please reach out. I'm also excited to start sharing more about what my team has been working on soon. We haven't been twiddling our thumbs. For now, though, I just want to explain why DeSo is so important to me. DeSo is still the only platform on the internet where you can post content directly to a blockchain without fear of censorship, and where you can monetize your content directly with crypto (including stablecoins). It's really quite shocking how in 2026 we not only have virtually no viable alternative for this clearly-important category, but also other important efforts are actually shutting down. The world needs more people working on decentralizing social media, not less. I'm excited to finally be able to share our vision directly again, and to start bringing more people who care about freedom and censorship into our community. What we have built with DeSo is something people take for granted until they really need it, but hopefully we can convince them sooner than that. Lastly I want to say how grateful I am to everyone around me. My family, my friends, my backers, and everyone in the DeSo community. For me, this experience showed me just how trusting, loyal and caring everyone around me really is, and reaffirmed my belief that always trying to do the right thing really does pay off. We're just getting started.

The killer combination: on-chain social & identity + on-chain meme/creator coins + on-chain content + on-chain trading = focus.xyz 📈

Imagine if, after launching BitClout, we worked heads-down for three years refining the core token mechanics into the ultimate version of what everybody wanted them to be. Then imagine if that ultimate version were surprise-launching this week. That would be pretty crazy, right?

🚨 We're excited to announce that Openfund v2 is now live! 🚀 openfund.com Openfund v2 brings DeFi to DeSo. It's the first fully on-chain orderbook DEX for spot trading cross-chain assets (BTC, ETH, SOL) & all DeSo Tokens — with social graphs and identity built-in to every user, token and trade. Openfund is as efficient & easy-to-use as your favorite centralized exchange, with all the benefits of DeFi.

In 1776, our Founding Fathers declared their independence from centralized forces and started a revolution... Today I'm thrilled to announce that DeSo's Revolution Proof of Stake will launch the week of July 4th! The first app to be built on Revolution will be our next breakthrough SocialFi app, called Focus. And I'm thrilled to announce that Focus now has an official launch date of July 30th. Revolution PoS is years in the making, and it marks the first time a truly decentralized blockchain can power a Twitter-scale social network. A few years ago, few even believed this was possible. In just a few weeks we will *show* the world that it's possible, with a launch unlike anything that the crypto world has yet seen. If you ever used BitClout, you know what's possible with DeSo, but that was only the beginning... Revolution makes it possible to build a truly competitive SocialFi app on fully decentralized rails for the first time thanks to the following breakthroughs: 1. Twitter-scale apps at 500 posts per second, and thousands of DeFi transactions per second. 2. <1/10,00th of a cent per post compared to ~$1 on Solana and $100+ on Ethereum. 2. 1 second confirmation times. 3. Data replicated across over a thousand permission-less validators, secured via end-to-end encryption where needed. 4. 20% staking APY paid to those who secure the network by staking their DESO. 5. State-of-the-art burn-maximizing fees that minimize congestion while maximizing value for coin-holders. 6. State-of-the art Fast HotStuff consensus, and the first of its kind in production as far as we know. Put simply, Revolution will expand the benefits of blockchains like Bitcoin from simple storage-light applications like DeFi to apps that require heavy content needs like social apps, marketplaces, and much more. In that sense, Revolution can expand the market for crypto apps from simple send/receive/trade use-cases to novel SocialFi experiences we haven't seen before. It starts with the launch of Focus. Focus leverages every edge Revolution provides while improving significantly on both the virality and retention of BitClout, the first SocialFi app we launched in 2021. Focus does so many novel crypto-social things that it's hard to describe until you use it for the first time. That said, Focus can be considered a spiritual successor to BitClout. It ties together crypto and social in new and interesting ways for the first time, with several viral hooks that could permanently change the existing airdrop meta. Perhaps most interestingly, though, we think Focus will take meme coins to a whole new level, and remember it's built by the people who originally kicked off the craze way back in 2021... For me personally, the launch of Revolution and Focus this summer will mark the realization of *years* of effort. It took *so much* thoughtful building for us to be able to do what we're doing with Focus and Revolution. But I believe the more you invest in your advantages and compound them, the more impossible it will be for anyone to catch you when things hit. ChatGPT seemed like a toy until, almost overnight, it became good enough to replace Google for many use cases. I believe that Decentralized Social and SocialFi will follow a similar path. The user experiences of DeSo apps will seem "toy-like" compared to traditional platforms until a threshold of usability is reached, at which point the right viral hook and the right SocialFi unlock will lead to a mass exodus from the existing social platforms. I believe all of the innovations that have gone into Revolution and Focus put us closer to that threshold than anything in the past, and by a significant margin. More importantly, though, the launch of Revolution creates a platform where *anyone* can now build crypto apps that cross the usability threshold needed to go truly mainstream. If you believe in a future where content and social media is decentralized, instead of being owned and controlled by a handful of megacorporations, then this is it. We believe the next hit consumer app will be built on a truly open platform, and that's what we'll keep working on tirelessly with DeSo and Focus.

Introducing On-Chain Lockups: A New Era in Token Distribution & Yield Generation. It's time to ditch "points" programs and say goodbye to confusing vesting tools & complex infra. On DeSo, anyone can create + distribute tokens with custom vesting schedules & yield curves 🧵

Meme coins are taking crypto by storm. But most will end up going to zero! Now imagine if coins had on-chain reputation, identity, social graphs and cashflow built-in. We can call them Creator Coins. Here's why Creator Coins are the next evolution of crypto speculation: 🧵

As Bitcoin hits all time highs, DeSo is reaping the rewards. With ~2,500 BTC in our treasury and our Revolution Proof of Stake upgrade coming soon, DeSo is here to stay. Here's a look at how $DESO tokenomics will change:

What's the next big category? Simple, it's DeSo. 💎 DeSo: ~$370 million 💎 DeFi: ~$410 billion 💎 TradSo: $2+ trillion Half of the world's population today is active on social platforms, which provide everyday utility. DeSo is the only Layer-1 that can do it at scale.

Today, I'm excited to share our launch plan and a complete walkthrough of the Focus platform for the first time ever. Focus has been in development for over a year, and it's our most significant product launch since BitClout in 2021. Personally, I've never been this excited for a product launch, ever. You can find all the new info below and on focus.xyz. We even have a custom GPT model for interactive Q&A: * White Paper: docs.google.com/document/d/14U… * Tokenomics: docs.google.com/document/d/1Yl… * Focus GPT Model for Interactive Q&A: chat.openai.com/g/g-zCy5gZtxA-… Please let us know what you think, and if you have any questions leave a comment on our DeSo thread here: diamondapp.com/u/nader/blog/a… The next date to watch is Jan 11th at 11:11am Eastern Time. This is when $FOCUS reservations will open. You can sign up for email updates and instructions on focus.xyz. Thank you all for your support. Our goal for Focus is to hit at least 10 million real daily active users, and we will work tirelessly to achieve it. With your help, we can make Focus the first crypto platform to hit true mainstream adoption ever.

Today I'm excited to announce that our next app will be called "Focus," and that Phase 1 of our launch is officially scheduled for Jan 11 at 11:11am Eastern Time. You can sign up for updates and all info on the upcoming airdrop on focus.xyz. More details will be revealed on Jan 1, the first day of the new year. Focus has been in development for over a year, and I am personally more excited about it than I've been about any app I've ever been a part of, including BitClout. I feel it really pulls together everything we've learned about crypto, virality, and retention over many years. We're doing so many new things that aren't possible on any blockchain other than DeSo, leveraging bleeding-edge infrastructure that's been years in the making. With consumer products, nothing is ever certain, but I personally think Focus has more potential to take crypto mainstream than any app I've ever used, and I've studied hundreds of consumer products at this point. Most importantly, Focus represents a compounding of everything I've learned about consumer products and crypto since I started mining Bitcoin and building apps in my spare time in college in 2012. It's something I'm personally really proud of, and I can't wait to share it with you all in Q1.

People are underestimating decentralized social media for the SAME reasons they underestimated Bitcoin when it launched: 1. They think it's not a threat to the larger-than-life incumbents 2. They think it won't scale. 3. They think it'll get banned if it does scale. Which side do you want to be on? The one that lacks vision, misses out, and gets left behind? Or the one that has a little optimism and believes in a better future? You have the opportunity to be a part of a generational technology. All you have to do is give it a chance.

💎 Intro to DeSo Onboarding DeSo's vision is clear. Navigating the world of cryptocurrency should be as straightforward as using your favorite iPhone app. Our upgrades have been meticulously crafted, eliminating cumbersome processes and redundant steps. No longer do users have to wrestle with visiting centralized exchanges, downloading numerous extensions, or transferring $DESO to other wallets. It's all been made intuitive, integrated, and immensely user-friendly so that everyday users can experience true decentralization without the added friction of wrestling with the complexities of other chains. Changes like this pave the way for the holy-grail of crypto: Consumer-facing applications the masses WANT to use on a daily basis. By pioneering features that simplify crypto experiences and ensure user anonymity, we're setting the standard for what's expected from crypto wallets. Here's a guide to create a DeSo Wallet, get starter $DESO and post your first message on-chain! 1) Click "Create Wallet" 2) Sign up with DeSo, Google, or MetaMask 3) Complete the one-step captcha to receive starter $DESO 4) Approve Derived Key You should now land on the DeSo Wallet again with your new account. 5) Go to Edit Profile, and add a Username 6) Go to Diamond App (@UseDiamond) or DeSocialWorld (@desocialworld), log in with that username, and post a welcome message like “Hi DeSo!” 7) Go back to DeSo Wallet and click on the My Activity tab in the wallet to show a full confirmation. Congratulations! You have your first decentralized social media account where you own your content and social graph, like you own your Bitcoin. That also means you can get paid directly from the community with on-chain DeSo native assets like diamonds, NFTs and creator coins.

Onchain Social Media is Better than Online Social Media ⛓️🌐 With @investindigital from @desoprotocol. Also out on Spotify, Apple Podcasts & YouTube (link in bio): @web3academy_

Why can't you trade Solana on Uniswap? Why do Ethereum transactions take 15 seconds instead of 1? I love DeSo because we question every assumption and work from first principles on breakthrough solutions. Read about our latest upgrades in this post: diamondapp.com/u/nader/blog/d…

Why We Need Decentralized Social Media? 🌐🗣️ With @investindigital from @desoprotocol.

We're launching a new DeSo Block Explorer that's unlike anything you've seen in web3 👀 ⭐️ The first transparent social public ledger ⭐️ Transactions that have built-in social & identity ⭐️ 100% permissionless & interoperable across DeSo Meta, TikTok & Twitter would never.

@winnyeth @desoprotocol Have you read about BitClout 2.0? If not, take a look at our proposal for BitClout 2.0 here: proposals.deso.com/docs/bitclout

would love to understand more about any apps building with @desoprotocol for token gated content / community building if anyone wants to have a lil chat <3

BitClout 2.0 is coming! proposals.deso.com/docs/bitclout

@JasonYanowitz @friendtech @blknoiz06 @santiagoroel Have you read about BitClout 2.0? If not, take a look at our proposal for BitClout 2.0 here: proposals.deso.com/docs/bitclout

NEW POD: the Friend Tech debate 1) Bull vs. bear case 2) Speculation vs fandom 3) Price manipulation 4) Airdrop system explained 5) Bitclout 2.0? 6) Fractionalization 7) The future of @friendtech Great pod with @blknoiz06 and @santiagoroel Enjoy → sptfy.com/OKVj