5️⃣Social Tipping
Last updated
Last updated
Because DeSo is money-native, it can tie tipping with content in ways that no other social network can. On DeSo, the core mechanic introduced is called "diamonds," and it functions as a like, only it allows users to give variable amounts of money to content.
In the screenshot above, a single diamond is a fraction of a penny while a six-diamond tip is ~$53.
All of this is instant, and the receiver of the tip immediately gets $DESO in their wallet for their content. Many users already earn thousands of dollars a week off of this feature alone, and as DeSo scales, the economics will only get better.
Just to do some math, imagine a post with 1 million likes gets 100,000 diamonds, worth on average ten cents each.
That's $100,000 in pure cash from just the diamonds!
Moreover, users typically get a higher ratio of likes to diamonds, but we wanted to be conservative in our calculations.