Place/Date: Denver, CO - September 26th, 2022 at 6:45 pm UTC · 2 min read
Contact: Ash, Growth Marketing Lead, Source: DeSo Foundation
DeSo, a new blockchain-backed by Coinbase, Sequoia, and Andreessen Horowitz, has announced its integration with MetaMask. As a result, millions of Ethereum users can now enjoy one-click access to encrypted on-chain messaging and a full Twitter-like feature set.
DeSo’s integration with the leading web3 wallet effectively turns MetaMask into a full-fledged decentralized social network. It also paves the way for DeSo to become the cross-chain social layer for all web3.
DeSo Founder Nader Al-Naji said:
“Existing blockchains cannot store content efficiently. It costs about $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.”
MetaMask users will gain access to gas-less profile creation, posting, following of other users, a fully decentralized on-chain follow graph, and much more. Thanks to the integration, a MetaMask user on Compound could send an encrypted message to someone currently on Uniswap and that user would receive the message via DeSo.
Similarly, a user on OpenSea could leave a comment on an NFT and have it appear on other platforms where that NFT is listed like Rarible or SupeRare. This system works even if one user is on Polygon network and the other is on Ethereum.
Social media today is controlled by a handful of private corporations – but that could change as wallets like MetaMask expand from handling just money to social identity and social interactions. Having gained a presence in the Ethereum ecosystem, DeSo plans to expand to Solana next by integrating with Phantom wallet.
DeSo is the the only layer-1 blockchain designed to build and scale decentralized social media apps to 1 billion users. Notable DeSo holders include Sequoia, Coinbase Ventures, a16z, Winklevoss Capital, and Alex Ohanian.
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.