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BitClout creator raises $200M for “Decentralized Social”, a blockchain project with social tools such as profiles, from a16z, Sequoia, Coinbase, and others

Quick Take  — BitClout's creator has revealed his identity today.  He is Nader Al-Naji, the founder of the stablecoin startup Basis that shut down in 2018.

The Block Yogita Khatri

Discussion

  • @rrhoover Ryan Hoover on x
    Big announcements from BitClout: • Its founder, diamondhands, is now public • The protocol will be called DeSo (https://bitclout.com/ was a proof-of-concept) • $200M raised will help fund decentralized social apps through the DeSo Foundation https://www.fastcompany.com/ ...
  • @naval @naval on x
    Decentralized social networking is waiting for its Satoshi moment.