Fidelity recently announced that it would be launching its own stablecoin, to be pegged to the US dollar. Learn more here.

After first making headlines upon filing paperwork for its very own money market fund, Fidelity seems to be taking the next step toward this grand goal by issuing its own 

 pegged to the US dollar could be the start of a multi-stage scheme to help crypto achieve mainstream adoption.

If you're new to fund-issued stablecoins, or perhaps a crypto beginner whose attention has been piqued, you might be wondering how Fidelity’s stablecoin could impact the crypto market. From highlighting how the Fidelity stablecoin differs from its other fiat-backed counterparts (e.g., 

) to elaborating on the possible motives for launching it, here's everything you need to know about the proposed Fidelity stablecoin.

Founded in 1946, Fidelity Investments has built a reputation as a leader in financial services. To date, it's managed trillions of dollars in assets for individuals and institutions alike. 

Known for its innovative approach to investing, Fidelity has consistently stayed ahead of the curve by embracing new technologies and trends. From mutual funds to retirement accounts, it's fair to say that Fidelity is a trusted name in finance, and has successfully established its presence, thanks to its storied legacy in financial services.

Fidelity’s foray into crypto isn’t new. With the demand for digital asset services growing larger over time, the company has quietly been building its presence in the crypto space through 

 since 2018, with dedicated service that provides custody and trading services for institutional and individual investors.

By launching its own stablecoin, Fidelity is taking this commitment toward 

 innovation to the next level, signaling its belief in the long-term growth potential of digital assets.

Like many of its popular stablecoin counterparts, Fidelity’s stablecoin is pegged to the US dollar. This ensures price stability, a critical feature for traders looking to mitigate risk amid 

. Built on blockchain technology, this stablecoin is ostensibly designed to integrate seamlessly with Fidelity’s broader ecosystem of tokenized financial products. This means users can expect a secure, efficient and transparent digital asset that aligns with Fidelity’s high standards.

 like Tether’s USDT and Circle’s USDC dominate the market, Fidelity’s offering brings something unique to the table: trust. As a regulated financial institution with decades of experience, Fidelity offers a level of credibility that few other stablecoin issuers can match. Furthermore, its focus on regulatory compliance positions it as a safer alternative for both retail and institutional investors.

Fidelity’s stablecoin represents a deliberate effort to integrate its institutional expertise with blockchain’s efficiencies. By creating a dollar-pegged digital asset, the firm aims to serve as a trusted intermediary for clients navigating both traditional and crypto markets. Moreover, the Fidelity Digital Assets division has already laid the groundwork through Bitcoin custody services and 

. The proposed stablecoin extends this infrastructure, allowing institutional investors to transition seamlessly between volatile cryptocurrencies and stable-value instruments without exiting Fidelity’s ecosystem.

The stablecoin market has grown exponentially, surpassing $200 billion in 2025. This surge is largely being driven by demand for volatility hedging and cross-border payment efficiency. Fidelity recognizes that traders and institutions increasingly require reliable on-ramps between fiat and crypto. Its stablecoin offers a compliant alternative to incumbents, such as Tether and Circle, who face lingering skepticism about reserve transparency. By entering this space, Fidelity would not only meet immediate demand, but position itself as a leader in institutional-grade digital assets, thus appealing to risk-averse entities.

The US regulatory landscape under the current administration has shifted decisively toward crypto-friendly policies, and the Stablecoin Innovation Act and the GENIUS Act are advancing through Congress, aiming to establish clear rules for reserve backing and 

 compliance. Designed with Treasury reserves and audit transparency, Fidelity’s stablecoin aligns with these impending standards. By proactively adopting regulatory best practices, Fidelity avoids the scrutiny faced by Tether — and positions its stablecoin as a “gold standard” for institutional adoption.

Stablecoins generate revenue through interest earned on reserve assets. For example, Tether reported over $6 billion in net income in 2024 from its treasury holdings. Fidelity already manages $80 billion in its Treasury Digital Fund, and can potentially monetize its stablecoin reserves while offering competitive yields to clients. This creates a dual revenue stream, consisting of fees from asset management and interest from stablecoin reserves.

The stablecoin market remains dominated by Tether and Circle, but their retail-focused models leave room for institutional alternatives. Fidelity’s brand reputation, combined with its existing relationships with hedge funds and pension plans, gives it a unique edge. For example, its stablecoin could integrate directly with retirement accounts, allowing 401k participants to allocate to crypto without custody risks. This differentiation is critical as rivals like BlackRock and Franklin Templeton expand their tokenized offerings.

While details are still scarce, the following are some likely use cases for the Fidelity stablecoin.

Using Fidelity’s stablecoin for staking

One of the most exciting use cases for Fidelity’s stablecoin is staking. For traders and investors, staking offers an opportunity to 

 by locking up their assets in support of blockchain networks. With Fidelity’s stablecoin, users could stake their holdings with confidence, knowing they’re backed by one of the most trusted names in finance.

Enhancing market liquidity and capital efficiency

Fidelity’s stablecoin is also expected to enhance liquidity across trading platforms. By providing a reliable medium of exchange that 

 fiat currency and digital assets, this stablecoin could streamline trading operations and reduce transaction costs, creating a win-win for traders and exchanges.

Facilitating real-world asset (RWA) tokenization

Fidelity's stablecoin is strategically positioned to drive the tokenization of RWAs by democratizing access through fractional ownership of commodities and real estate, thus streamlining the trading and settlement of tokenized securities as a stable exchange medium. This could ultimately foster a more efficient and transparent payment ecosystem for tokenized goods and services.

How will this impact the current crypto landscape?

Legitimization and mainstream adoption of crypto

Fidelity's established reputation within traditional finance lends significant credibility to the crypto space. This legitimacy can alleviate concerns among mainstream investors who have been hesitant, due to perceived risks or a lack of understanding. By offering a regulated stablecoin, Fidelity signals that digital assets are becoming a legitimate part of the broader financial landscape, encouraging greater participation from institutional and retail investors alike. This increased confidence can lead to wider adoption of crypto-related products and services, integrating them into everyday financial transactions.

Market stabilization and increased liquidity

The substantial capital that Fidelity brings to the market can significantly increase liquidity, reducing price volatility and making crypto assets more attractive to traditional investors. Increased liquidity facilitates smoother trading and reduces the risk of significant price swings, creating a more stable and predictable market environment.

Fidelity's involvement encourages dialogue between regulators and established financial institutions, leading to clearer and more comprehensive regulatory frameworks for stablecoins and other digital assets. By leveraging its existing compliance and risk management expertise, Fidelity can contribute to the development of robust security standards and best practices for the crypto industry. This increased regulatory clarity and security can reduce the risk of fraud and market manipulation, fostering greater trust and confidence among investors.

he introduction of a regulated stablecoin from a trusted institution can accelerate the integration of traditional financial products and services into the 

 (DeFi) space. Such integration can lead to the development of innovative financial instruments, such as tokenized securities and decentralized lending platforms, bridging the gap between TradFi and DeFi while allowing for far greater capital efficiency within the DeFi space.

Driving crypto infrastructure standardization

Fidelity's participation can drive the development of standardized infrastructure and interoperability protocols, facilitating seamless transactions across different blockchain networks and traditional financial systems. This standardization could improve the efficiency and scalability of the crypto market, thereby enabling greater adoption and integration with existing financial infrastructure.

What are the challenges that Fidelity may face?

While Fidelity's late entry into the stablecoin market is promising, due to its institutional credibility and regulatory focus, it does face substantial challenges. At the top of the list of Fidelity’s potential challenges: competing with established stablecoin giants like USDT and USDC will require Fidelity to demonstrate superior transparency, security and seamless integration of the Fidelity stablecoin within existing ecosystems. 

Building trust with a potentially hesitant crypto native demographic and overcoming established network effects will also require strategic partnerships, competitive incentives and a flawless track record in maintaining a stable peg to the US dollar.

The regulatory environment surrounding stablecoins is rapidly evolving. Recent developments such as the 

 (GENIUS) Act signal a more favorable stance toward crypto in the United States. For companies like Fidelity, this creates an opportunity to innovate within clear regulatory frameworks while addressing concerns around transparency and accountability. However, this evolving legislative landscape doesn't mean that Fidelity is out of the woods yet. This is especially so because regulations aren’t uniform across all jurisdictions. Therefore, Fidelity will need to demonstrate regulatory agility and adaptability to navigate these varying requirements.

Lastly, while there’s speculation that the Fidelity stablecoin could play a huge part in the company’s tokenized money market fund offering, there’s currently nothing set in stone. This is due to the inherent complexities of integrating a newly launched stablecoin into existing financial products, as well as the need to navigate potential regulatory hurdles related to that integration. Since Fidelity Digital Assets and 

 are two separate entities, there will likely be some coordination needed before Fidelity can incorporate its stablecoin into its onchain bond market.

Fidelity’s launch of its own stablecoin marks an important milestone in the evolution of digital finance. By combining stability with trust and regulatory compliance, this new offering has the potential to reshape the way traders interact with crypto. For beginners looking for a safe entry point into crypto, as well as experienced traders seeking reliable tools for staking and liquidity management, Fidelity’s stablecoin offers an enticing proposition. 

Likewise, for institutional traders, the proposed stablecoin provides a compliant and secure bridge between traditional finance and DeFi, unlocking new avenues for managing assets and diversifying portfolios. While challenges remain, Fidelity’s entry is poised to accelerate the integration of digital assets into mainstream finance, ultimately paving the way for wider adoption and innovation.

Intermediate

fidelity stablecoin.png

Fidelity’s new stablecoin: A bold step into crypto stability

Learn how Amnis Finance (AMI) transforms APT staking with liquid staking solutions. Earn rewards, maintain liquidity, and explore DeFi opportunities seamlessly.

 (DeFi) enthusiasts passionate about exploring the endless opportunities in the crypto market.

, through which your assets are locked for a fixed period and can’t be used for other purposes, liquid staking solutions offer the flexibility to channel your staked assets to yield-generating ventures while preserving liquidity. 

One such platform is Amnis Finance, a pioneering liquid staking protocol on the 

 that provides investors with yield-bearing tokens to leverage DeFi opportunities.

 is a liquid staking platform on the Aptos blockchain whose users can stake their APT tokens and earn rewards through DeFi activities, such as 

Offering a staking APR of 8.02%, Amnis is exclusive to Aptos, a 

 with superior technology known as Move, designed for scalability, security and low-cost transactions.

Through Amnis, those who hold APT (the native token for the Aptos network) can stake their tokens and receive tokens of equivalent value, which they can now use for trading and investing opportunities without unstaking their locked tokens.

Furthermore, Amnis has created new financial instruments that are attractive to institutional investors. These instruments use a yield tokenization concept that splits tokens into yield-bearing and principal tokens.

At the heart of Amnis Finance’s operations is an innovative staking structure designed to provide the involved parties with efficient and flexible investing. Amnis system is powered by smart contracts that enable APT token holders to effortlessly maximize returns without having to lock their capital or run a validator’s node.

The basic architecture of Amnis is composed of the following components:

, it issues amAPT. The user can then use these tokens to participate in the Aptos DeFi ecosystem, or stake them on Amnis to receive stAPT tokens and generate rewards.

, maintaining a 1:1 peg with APT. Users who stake their APT tokens through Amnis Finance receive an equivalent amount of amAPT, which can be utilized across various DeFi platforms without forfeiting staking rewards. This design ensures that users retain flexibility and can engage in activities such as lending, borrowing and liquidity provision, while their assets continue to generate staking yields.

 that allows investors to instantly withdraw their amAPT tokens. This convenient withdrawal feature helps them bypass the 14-day waiting period common with traditional staking.

Amnis Finance has established a reserve mechanism to ensure price stabilization in case of market surges. When necessary, the platform may buy back amAPT, and the profits are transferred to the Amnis treasury.

For users seeking to maximize their staking returns, stAPT offers an auto-compounding yield-bearing option. By depositing amAPT into the stAPT vault, users receive stAPT tokens that represent their share in the staking pool.

As staking rewards accumulate, the value of stAPT increases proportionately, eliminating the need for manual restaking and providing a seamless way to enhance staking yields over time.

Beyond its dual-token model, Amnis Finance introduces an innovative approach to yield optimization through yield tokenization. This process involves 

 yield-bearing assets (such as stAPT) into standardized yield tokens (SY), which are then divided into principal tokens (PT) and yield tokens (YT).

The PT token represents the original value of the staked asset, and can be redeemed at a 1:1 ratio upon maturity, while YT signifies the portion of interest generated over time. This segmentation allows users to tailor their investment strategies by separately managing principal and yield components, offering greater control and flexibility in crafting financial outcomes.

 for the Amnis Finance ecosystem. It’s designed to ensure a balanced ecosystem on the network. AMI token holders can propose changes and vote on key matters regarding the operation of Amnis Finance. AMI is also used as an incentive to promote the adoption of the Amnis Finance liquid staking ecosystem.

Amnis Finance has a total supply of 1 billion AMI tokens, allocated as follows:

Furthermore, Amnis Finance has a token emission schedule (spread over 48 months) that’s designed to facilitate decentralization, ensure balanced distribution and incentivize participants. The vesting schedule is shown below:

 to reward its early adopters and active contributors to its ecosystem. The details of the AMI airdrop are as follows.

30 million AMI tokens were set aside for the Amnis Retroactive Airdrop, in which 10,000 users received rewards for their participation (based on their rankings). The snapshot for those who qualify for this airdrop ran from Nov 7, 2023, to Mar 25, 2025.

Eligibility was determined based on accumulated retroactive points earned through various activities, such as minting APT to amAPT on Amnis, providing amAPT/APT liquidity on platforms like Liquidswap and PancakeSwap, and depositing stAPT with Aries Markets.

In addition to the Retroactive Airdrop, Amnis Finance has allocated 5 million AMI for holders of Draconian NFTs, with each NFT granting its holder 1,500 AMI tokens.

Furthermore, to commemorate its token generation event (TGE) and honor community support, Amnis Finance launched an Exclusive TGE NFT Airdrop campaign. This initiative allows participants to earn rare NFTs and claim a share of a 1 million AMI reward pool. The claiming period for Exclusive TGE NFT holders began on Apr 2, 2025, and will remain open for 12 months.

 on Bybit’s Spot trading platform. To celebrate this listing, Bybit is holding two Token Splash events in which a total of 

Amnis Finance is revolutionizing the Aptos ecosystem by unlocking the full potential of the APT token through liquid staking. By converting APT into amAPT, users can earn staking rewards while they maintain liquidity and access to DeFi opportunities.

With added benefits like a Retroactive Airdrop and NFT-based rewards, Amnis incentivizes active participation and long-term engagement. As the platform continues to grow, it’s empowering users to put their APT to work more efficiently, increasing both flexibility and yield.

Whether you're a DeFi enthusiast or a long-term holder, Amnis Finance is a powerful tool for maximizing your Aptos staking potential.

amnis finance.png

Amnis Finance (AMI): Maximizing APT potential with a liquid staking protocol

U.S. stocks and cryptocurrency dropped on April 3 after President Trump’s reciprocal tariffs sparked trade tensions and a sell-off in riskier assets.

The S&P 500 fell 4.84%, its steepest drop since 2020, after Trump announced sweeping new tariffs that sparked fears of global trade retaliation. Gold fell 0.85% to $3,106.99 after hitting a record $3,167.57, driven by profit-taking and margin calls amid Trump’s tariff-induced selloff. Analysts expect central banks to sustain its rally despite potential pressure by late 2025. The Coindesk Indices, which tracks the broader crypto market, are down by 1.46%, with Bitcoin and Ether down 5.77% and 4.34% respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is ZRO, up 6.9%, as BounceBit enables $BBTC and $BBUSD token bridging across Ethereum and BNB Chain via LayerZero.

LayerZero (ZRO), launched in 2021, is a cross-chain interoperability protocol enabling secure blockchain communication. It has raised $260M+ and reached a $3B valuation. Supporting 48 blockchains, its V2 upgrade enhances security and programmability. Its first DApp, Stargate Finance, enables seamless cross-chain transfers. BounceBit has 

 that its $BBTC and $BBUSD tokens are now bridgeable via LayerZero's OFT adapter standard, enabling these tokens to be transferred across multiple networks. Users can bridge these tokens to Ethereum and BNB Chain through BounceBit's portal, with official contract addresses provided for both tokens.

Check out the latest prices, charts, and data of 

U.S. stocks and cryptocurrency dropped on April 3 after President Trump’s reciprocal tariffs sparked trade tensions and a sell-off in riskier assets. Despite Trump’s pro-crypto stance, economic instability hit the sector. Analysts note crypto’s borderless nature may cushion losses, with ETFs potentially attracting retail inflows, though flows could shrink if uncertainty persists. “Bitcoin tracks macro signals like yields and dollar strength,” said Ben Kurland of DYOR. David Hernandez of 21Shares noted crypto’s resilience, with bitcoin holding key support, signaling strong demand despite ongoing policies.

Yesterday, BTC spot ETFs saw a total outflow of $165.1M, with GBTC losing $60.2M and non-GBTC funds shedding $104.9M.

 allocates 600M BABY tokens (6% of total supply) to Phase 1 Bitcoin stakers, Pioneer Pass NFT holders, and open-source contributors, with the tokens distributed at the launch of the Babylon Genesis blockchain. Categories include stake participation (30M BABY), base staking rewards (335M BABY), and a bonus for Phase 2 transition (200M BABY). NFT holders receive 300 BABY per NFT (30M total), while 5M BABY is reserved for GitHub developers. Recipients must register by March 25, 2025, and tokens will be automatically transferred to eligible users, with additional airdrops for social media supporters and other campaigns planned.

Beginner

3.png

Trump tariffs trigger sell-off and stocks and crypto slide amid trade tensions

In this tutorial, we’ll explore how you can complete a series of tasks in Nad.fun for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on Nad.fun for the 

Task: Complete quests on Nad.fun with your Bybit Wallet

button in the upper-right corner of the page to connect your wallet (such as the Bybit Wallet).

: Complete the available tasks listed under 

: Enjoy an exclusive 1.2x multiplier on your weekly leaderboard points when you use your Bybit Wallet to participate!

nad.fun tutorial.png

How to complete Nad.fun tasks for the Bybit x Monad ecosystem airdrop

Bybit Learn

DeFi

DeSo is a decentralized social network that offers users ownership over their own content and the ability to monetize it. Find out more about how it works here.

Social media is becoming a more important part of our everyday lives. 

 can improve scalability, privacy and overall infrastructure.

. It’s a web3 social layer that enhances the way we interact with one another. The use of on-chain open data allows multiple decentralized social media applications to quickly share data. The 

 cost-effective technology is also designed to efficiently store data. Use this guide to learn more about DeSo, and how it’s affecting the future of social media.

DeSo is a decentralized social network that not only offers users most of the functionality of Web 2.0 social media platforms, but also enhances it by offering users ownership over their own content and the ability to monetize it. 

DESO is the native cryptocurrency on the Decentralized Social blockchain. This unique, open-source Layer 1 blockchain is designed to support and scale social media applications that require large amounts of data.

, a former Google software engineer. Because of his dedication to decentralized social media, he’s been given the nickname “the Facebook Killer.” Development for the Decentralized Social blockchain began in May 2019 under the name 

. He also began the DeSo Foundation to support blockchain development and the decentralization of social media.

Several early investors were on board with BitClout’s concept. The DeSo platform raised $200 million for development from 

In March 2021, BitClout launched a prototype of a decentralized version of Twitter built on the DeSo platform. Only a few select early investors were given access to the website. These investors were encouraged to invite other users to the platform, which became very active within a few weeks. This unique prototype demonstrated the versatility of the DeSo infrastructure, and showed how decentralized social apps could easily use the technology to scale. DeSo quickly introduced other features in 2021, including social tipping, NFTs, 

In December 2021, DESO became listed on Coinbase, only a few months after the DeSo platform was introduced. This meant that DeSo was among the fastest Layer 1 blockchains to be listed on the exchange, which has its own standards and requirements.

 joined the DeSo team to help scale the business. His current goal is to expand the web3 capabilities of the decentralized social media platform and further enhance the creator economy.

DeSo aims to be the first decentralized blockchain-based social media platform. The DeSo platform will connect people with common interests, and give people more control over their social media interactions. Because the platform is blockchain-based, users will also be able to maintain a sense of privacy and an added layer of security when interacting with one another.

As social media continues to grow, privacy is becoming a bigger issue. Major social media platforms have a long history of controlling and selling user data. DeSo allows users to control every aspect of their social graph in a decentralized environment. Not only will this give you access to all your social content on a single platform — it means you truly own your own data.

DeSo also makes it easier for social media applications to scale. Web 2.0 social media platforms require a lot of digital storage to support billions of users. Uploading “likes,” pictures and status updates onto a blockchain like Ethereum would cost millions of dollars, as compared to DeSo. According to their website, the cost of storing about 200 characters on-chain is $0.000017, compared to Ethereum’s $78.75. Even more cost-efficient options like 

 don’t come close to the platform’s storage prices.

, or IPFS, which connects all devices on the network to the same set of files. This data isn’t stored in a single location — as it would be on a typical Web 2.0 social network — making it less prone to hackers.

The token-based system allows all users to easily access and contribute to the network. DeSo’s native token, DESO, can be exchanged between users on the network. Users can also earn tokens by posting content, commenting or liking posts, and tagging other users. Content creators can also easily be tipped diamonds, which are directly deposited into the user’s wallet. According to

, some users earn thousands of dollars in diamonds each week.

All activities on the DeSo platform have a price. Whether you’re voting in a poll or posting a status update, you’ll need to pay tokens. The more active you become on the blockchain, the higher the fee becomes. While at first this may sound like a disadvantage, keep in mind that 25 percent of the fees collected are redistributed to token holders.

Decentralized Social is based on the Ethereum blockchain, but it uses a hybrid 

 (PoW) consensus mechanism to operate. This results in far lower energy costs. While the hybrid PoW mechanism is efficient, the DeSo Foundation has announced that a 

Decentralized Social has a number of features that make it a truly unique platform. Most blockchains are built with 

 (DeFi) applications in mind. Instead, DeSo focuses on running social media applications. Social media has several different requirements from typical DeFi applications, especially when it comes to interaction and storage. Here are just some of the features that set DeSo apart.

The DeSo platform currently uses a hybrid consensus mechanism to operate. By using a PoW model, the blockchain is able to maintain high levels of security while using considerably less energy than other major blockchains. The development team is consistently working to enhance the model, and plans to move to a PoS protocol in the future.

A social graph illustrates the connections between users, groups and organizations on a social network. With decentralized social media, all user data is open. This allows users to store all of their posts and social graphs directly on-chain, which makes it impossible for social platforms and third parties to use your connections against you.

Most blockchains are designed to store light amounts of data for efficiency. While DeFi protocols typically only need a few bytes of storage space, social applications require infinite amounts of data. 

 addresses this issue while allowing for enhanced scalability.

Blockchain activities are typically synced by downloading blocks. Every transaction contained within the block is downloaded. While this can happen very quickly, it uses large amounts of data to process each transaction. Hypersync reduces the amount of data being used by providing users with a snapshot of block activity. The records are trimmed down, and made smaller and more efficient.

On-chain storage is a problem for many blockchain networks. When it comes to the amount of storage space required for large social media networks, blockchain technology typically can’t keep up. That’s because most blockchains were built to power finite-state applications, with a set amount of storage requirements. However, social media apps are infinite-state applications that can grow indefinitely. The DeSo platform uses a custom-built complex system of indexes to increase scaling.

 is a development tool that allows users to easily store key pairs, or credentials, in applications built on the DeSo platform. Developers don’t need to worry about creating extensive forms or input validations to verify individual identities. Instead, this is seamlessly integrated into the app.

At the time of this writing (December 5, 2022), there are hundreds of 

 accessible on the DeSo platform. With several development tools readily available, new applications are popping up regularly. Among the most popular are:

The DeSo platform is the perfect place for content creators to earn money. With multiple decentralized social applications, there are dozens of ways creators can get paid for their work so they can start earning additional income. With web3 and blockchain technology, it’s easier for creators to maintain ownership over your content and connect with your followers.

Every profile on the DeSo platform has its own unique 

 that’s assigned to it. Also known as creator coins, social tokens are unique assets that can help draw users to your content. When creator coins are sold, the creator receives a portion known as the founder’s reward, or FR for short. While the default FR for social tokens is 100 percent, you can lower the amount later to entice investors.

Utilizing creator coins can be a great way to raise extra funds for a project. You can find unique ways to promote your social tokens online. 

NFTs are continuing to grow in popularity. Using the NFTz application, artists can sell their work to the highest bidder, much as they would on OpenSea. Unlike other blockchains, creating a new NFT on DeSo costs very little and uses a gasless 

 process. The Social Zone also allows you to easily coordinate NFT projects and build your fan base.

Social tipping allows fans or viewers on DeSO to easily donate diamonds to their favorite creators. Rather than “liking” content, users can send content creators real money with the click of a button. Social tipping encourages content creators to develop regular content on the DeSo platform, while extra incentive also encourages users to create engaging content of value. Because of the way the DeSo platform operates, there are several opportunities to collect tips.

It can be a difficult choice to move to a new platform if you already have an existing following. It takes time and effort to fully learn all of the features of a new social application. While Decentralized Social may seem complex, the DeSo platform is easy to navigate, and has a low learning curve. There are also several unique benefits to using the DeSo platform that you won’t find on a typical Web 2.0 social platform.

Did you know that several social media platforms can use your content without your permission after you post it? While most popular platforms allow you to maintain your intellectual property, you may not have full control over who sees it. With the DeSo platform, you’re always in control over your content. Blockchain technology also allows you to easily move your content from one social application to another.

As mentioned above, monetization is much easier with the DeSo platform. There are several methods content creators can use to generate extra revenue. The easiest way to monetize is through diamonds, but you can also take advantage of the NFT marketplace or social tokens. Whether you want to monetize by encouraging others to buy your creator coins, or through social tipping, all you need to do is start posting engaging content and build a community to monetize on DeSo. The more people who interact with your content, the greater your potential to earn.

Creating new applications on the DeSo platform is fairly straightforward, and a lot of resources are available.

 is a great place to start researching what you’ll need to complete your project. You’ll also be able to use programming languages you may already be familiar with, such as 

. Because the DeSo platform is open-source, the possibilities for application development and the use of the web3 social layer are endless.

Blockchain technology makes it easier to keep your social media activities private. Instead of private companies holding your data, it’s safely stored on the DeSo platform. It can’t be accessed without your permission, much like when you’re using blockchains for financial applications.

While the content you see on the network isn’t regulated, it does use a reputation system. This decentralized system can be used to rate the accuracy of the content you see. Because users must pay for all activities, they’re less likely to see people with multiple accounts. The lack of an algorithm also allows users to tailor the content they’re shown with more precision.

Decentralized Social has achieved a lot in the past two years, especially when you consider that the DeSo platform is unique with its own set of challenges. In 2022 alone, Decentralized Social launched Hypersync, 

 that outlines the achievements DeSo hopes to make over the next few months. While the document reminds us that this road map is a draft, it helps to show some of the many projects the development team is working on.

Q3 2022 marked the start of the “Social Layer of Web3,” also known as Phase One. During this time, MetaMask was integrated, enabling the ecosystem to be utilized cross-chain. This also facilitated easy integration among Ethereum-focused platforms needing a decentralized social layer for communication. The quarter also saw the launch of the 

, and the ability to accept any funds, including 

, on DAODAO. Toward the end of the year, users will be introduced to on-chain end-to-end encrypted group chats.

During Q4 2022, there will be a transition into Phase Two, also known as the “Internet of DeSo.” This phase will focus on recruiting new creators and increasing global DESO liquidity. There will be a heavy focus on long-form content, and encouraging creators to post blogs. This in turn will help creators monetize their content and, ideally, make DeSo a top way to share long-form thoughts.

Associations, a “verification paradigm” expected in Q4 2022, will allow app developers and users to easily establish relationships between users and their content, which will help creators build authority and trust among their followers.

Storage capabilities may also get an upgrade in Q4 2022 with the launch of DeSo Vaults, a way to store content directly on the blockchain. Users will be able to create and render static html pages, essentially creating a fully-decentralized version of the internet.

The last phase, “Revolution,” begins with the development of new content for 

 and the integration with a major NFT platform. Moving into 2023, users can expect to see more cross-chain social integrations appearing on top blockchains. There will also be major upgrades to creator coins.

One of the more ambitious items on the road map is 

, scheduled for launch in Q1 2023. Short for “Infinite Proof of Stake” it will likely be published before Q4 2022, leading the way for DeSo 2.0.

While an additional phase, known as “DeSo Glass,” has been announced for Q2 2023, the road map doesn’t currently contain any details.

DESO has varied greatly in price since its initial launch in June 2021. At the time of its release, the token was valued at just over $178. As of Dec. 5, 2022, the token is valued at over $9. While this is a big jump downward, the token has had two years of big ups and downs.

Listing the token on Coinbase in December 2021 caused a temporary spike in price. This sharp increase led its price to a high of $438.10, an impressive 151 percent price jump.

While the blockchain is open-source, a large amount of funds are currently reserved for future development. Additional investments in the blockchain could result in future price fluctuation and an increased number of individual users.

Decentralized Social has a wide range of price predictions. While the chart indicates a steady downtrend, some price predictions are less bearish.

 past $10 in 2023. Their prediction is based on tech industry growth. Should existing social media platforms, such as Facebook and Google, continue to grow, prices could reach as high as $17.90 in 2023.

Decentralized Social still has a lot of potential, despite its downward trend in pricing. Deciding whether or not DESO is a good investment will depend on several factors, the biggest of which is determining how major social media networks adapt and incorporate web3 technology.

Another factor to consider is how much future development will be going into Decentralized Social. If demand for decentralized social media rises, DeSo could become a more viable investment. Judging from recent destabilization on platforms such as Twitter, it’s worth keeping an eye on DeSo.

The DeSo platform is incredibly ambitious, and has a fast-paced road map with several items in development throughout the remainder of 2022 and early 2023. Integrations with other blockchain technology could make the blockchain more widely used as the year progresses. For example, the MetaMask integration allows users to interact with a variety of social applications cross-chain. 

Because the platform is developer-friendly and open-source, we’ll likely continue to see new applications in development for years to come. The $50 million Octane Fund, 

, is still fueling the development of the ecosystem. Combined with the development team’s strong drive, DeSo technology could easily shape the way people use social media.

Decentralized Social takes advantage of innovative web3 technology to apply the advantages of using a blockchain with social media. While the future may still be a bit unclear for investors, the Decentralized Social platform boasts several advantages, including low storage costs, enhanced privacy and a variety of decentralized social applications. It’s going to be exciting to see how this growing technology will shape the future of social media.

DeSo Crypto: An L1 Blockchain for the Decentralized Community

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards