DeSo gives $1M bounty for constructing decentralized Reddit

Through a July 6 announcement, decentralized social media protocol DeSo has issued a $1 million bounty for constructing a competitor to Reddit utilizing its native blockchain. In supporting the choice, builders wrote:

“This controversy and others spotlight the continued issues with centralized social media platforms,” builders stated, whereas additionally mentioning Elon Musk’s controversial resolution to impose studying limits on new and verified accounts on Twitter, citing “excessive ranges of information scraping & system manipulation.” Nader Al-Naji, founding father of DeSo, highlighted a shift the place customers embrace autonomy over social content material, as with proudly owning (BTC) with cash:

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