It’s no secret that social media is changing the way we think about privacy and ownership of content on the web. In a time where social media is increasingly centralized, cryptocurrency and its value on decentralization have only accelerated the conversation around censorship, privacy, data protection, and creator monetization.
That’s why we’re proud to host DESO (formerly known as CLOUT) on the Blockchain.com Exchange.
The DeSo blockchain (and the DESO cryptocurrency that powers it) aims to make social media an open utility for all rather than a privately-held monopoly for the benefit of some.
In the same way that Bitcoin’s decentralization has sparked transformation within the traditional financial system, DeSo will enable fairer models of content distribution, provide new ways for hundreds of millions of social media users to interact, and serve as a foundation for a decentralized social media ecosystem.
Note: CLOUT will also become DESO in the Blockchain.com Wallet in the coming weeks. All balances and trades are unaffected.