The Deso Socialfi App Focus, supported by Coinbase, collects $ 75 million in one week

The Deso Socialfi App Focus, supported by Coinbase, collects $ 75 million in one week

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Los Angeles, California, February 7, 2024, Chainwire

The central theses

  • Focus, the revolutionary new decentralized social fi app, has collected $ 75 million in a week
  • FOCUS competes with subscription platforms such as ONLYFANS and PATREON, a billion -dollar industry
  • users can reserve at DESO, BTC, ETH and others to get a 90 %bonus in $ Focus tokens for a limited time

FOCUS, a new decentralized social fi app based on the Deso-Blockchain, caused a sensation in the crypto industry by accumulating over $ 75 million of token reserves in the first week after its introduction.

This unprecedented success not only shows the potential of the platform, but also reflects the growing interest in decentralized social media.

Fokus (Focus.xyz) was developed by Deso, the team that collected $ 200 million from Coinbase, Sequoia, A16z, Polychain and other top funds. The aim is to revolutionize the billion dollar social media market and the Creator Economy by introducing pioneering functions that compete with X, ONLYFANS and PATTREON.

The entire addressable market for this sector is considerable, whereby only fans will probably handle around $ 8 billion in 2023 and a transaction fee of 20 % will charge. These high fees significantly reduce the profits of the authors and underline the need for a fairer solution.

FOCUS combines the best of only fans, Patreon,

built on decentralized social affairs (deso) blockchain is characterized by a unique approach for content ownership, monetarization of the creators and user integration.

In response to this overwhelming performance Nader al-naji The founder of Deso and visionary behind focus, shared his findings with:

"The response that we have received is almost spectacular. It is proof of the faith of the community in a decentralized future for social media. Our platform is not just about redesigning social media; it is about giving users and creators in an unprecedented way. Nader al-naji founder of deso

The mission of FOCUS goes beyond the area of ​​conventional social media

focus aims to revolutionize the way we interact online by offering youtubs unprecedented monetarization options in connection with advanced AI tools and at the same time dealing with the challenges of censorship and authenticity of content.

Thanks to the Deso-Blockchain and its Revolution Proof of Stake System supports FOCUS The storage of content directly in the chain for 1/10,000 cents per post, which is much less than Solana with about 1 US dollar per post or Ethereum with over $ 100 per contribution.

One of the main features that users attract Focus is the option of reserving $ focus tokens. This process is similar to the stake, with a unique special feature: Users can reserve tokens in various supported currencies such as BTC, ETH, SOL, USDC and DESO.

FOCUS enables everyone in the world to become the owner before the start of the app. Imagine you have a piece of meta or Twitter before it was even published. Users who participate in the early reservation period can buy $ FOCUS tokens and also receive an additional bonus of the specified amount, which is currently set to 90 % and decreases by 5 % every week. This is an advantage that is intended to reward early supporters and users of the platform.

The reservation process is user -friendly and fully reimbursable, so that the participants support the platform confidently and at the same time maintain their financial flexibility. While FOCUS is preparing for the introduction of his app, the enthusiasm within the community is noticeable. With its innovative tokenomics approach, FOCUS is ready to redefine the landscape of social media and cryptocurrencies.

to reserve token and earn a 90 %bonus in $ FOCUS, you should drop in potential users Focus.xyz and reserve your money before February 8, 11:11 Est. The bonus sinks every week until the app goes live.

over Deso

Deso is the first and only censor resistant layer 1-blockchain that was specially developed to operate memory-intensive apps and scale decentralized social networks for mass introduction. Their mission is to decentralize social media, just as Bitcoin and Ethereum decentralize finance. Deso has found great acceptance and boasts 2.6 million users (wallets) and 93 million transactions. With Fokus Deso is to recreate a new age of cryptocurrency, which is cited by state-of-the-art consumer apps that can be scale on billions of users.

contact

Head of Growth
Ed Moss
Deso-Foundation
[Email Protected]


Source: Coinlist.me