📅DeSo Roadmap

Phase 3: Revolution

Date
Release

Q1 2024

Focus Reservation Period (Launched) Focus (focus.xyz) launches publicly for reservations. https://diamondapp.com/u/nader/blog/announcing-focus-white-paper-and-tokenomics

Q2 2024

Automated Market-Makers launch on the DeSo DEX. (Launched)

The DeSo DEX is the first fully on-chain order-book DEX, supporting the cross-chain trading of BTC, ETH, SOL, USDC, and DESO via the Openfund client. The DeSo DEX has allowed us to develop the first order-book AMMs, which have been in development for over a year, and which will power Focus Tokens (one-click Meme Coins and Creator Coins). As a trial run, we will be launching our AMMs on the DeSo DEX for the BTC, ETH, SOL, DESO, and OPENFUND markets.

This will vastly increase liquidity for these pairs, allowing anyone to buy and sell hundreds of thousands in cross-chain assets fully on-chain with minimal price impact.

Q2-Q4 2024

- Revolution PoS launches on testnet. (Launched) This is the biggest upgrade to the DeSo blockchain ever, years in the making, and arguably the most advanced consensus of any blockchain. Revolution will bring with it:

• 20% initial APY for staking DESO

• 1 second confirmation times

• 500 posts per second, and even higher “transactions” per second. This is ~1/10th of Twitter-scale. Anyone who said a blockchain can’t power a Twitter-scale application will be proven wrong.

• Liquid bonding. Stake and unstake with minimal cooldown time (2 hours on Revolution vs weeks on other top-tier layer-1 chains)

• No slashing. Revolution maintains security without slashing, allowing you to stake confidently without risk to your principal.

• Auto-compounding. Staking rewards can be automatically restaked without having to manually claim rewards.

• Burn-Maximizing Fee Mechanism. Revolution burns the theoretical maximum amount per transaction thanks to its “BMF” mechanism, maximizing deflation for coin-holders.

• Fully permissionless and decentralized. Revolution PoS maximizes decentralization, scaling to tens of thousands of nodes, ensuring no single entity can unilaterally control the network or censor users. Anyone can join the network and be a validator with a minimal amount of stake.

• Low-cost and simple. Revolution PoS is a simple protocol, and anyone can run a node on commodity hardware.

- May/June: Revolution PoS launches on mainnet. (Launched) After two to four weeks of stable block production on testnet, Revolution will be ready for prime-time and the mainnet fork will trigger.

Q1 2025

Openfund V2 Launches See Openfund Docs

Q1 2025

Focus ($FOCUS) launches on HeroSwap & Openfund Focus brings with it a long list of pioneering crypto innovations. For the full list and details, check out our white paper on focus.xyz. We are fairly confident in the June/July timing at this point. We are cutting no corners, and we think it will be worth the wait!

• Join to Earn. The first component of Focus’s viral engine.

• Refer to Earn. The second component of Focus’s viral engine.

• The Bounty Hunter. The third component of Focus’s viral engine.

• Focus Tokens. One-click Meme Coins and Creator Coins using our state-of-the-art on-chain order-book AMMs. Focus Tokens will also support on-chain vesting schedules and fully-customizable on-chain yield curves. Focus Tokens will mint on Focus and trade on the DeSo DEX via the Openfund client.

• On-chain Subscriptions (with crypto-native payment)

• On-chain Paid Unlockable Content (with crypto-native payment)

• On-chain Encrypted Paid Messages (with crypto-native payment)

• On-chain Peer to Peer Content Tipping (with crypto-native payment)

• Decentralized Advertising (with crypto-native payment) • Custom Feeds & Feed Marketplace. Focus will allow you to adjust all of the parameters that go into computing your feed, creating the first customizable feed experience. Only possible thanks to DeSo’s fully on-chain content.

Q3 2025

The Decentralized Web and DeSo Drive

  • Today, DeSo supports storage of social content: profiles, posts, follows etc… But soon we will be upgrading DeSo to support encrypted and unencrypted raw file storage.

  • Users will be able to use DeSo Drive to store content directly onto the DeSo blockchain, allowing DeSo to take over the role Amazon’s s3 plays on the internet today

  • DeSo will also support rendering of static html pages uploaded to a DeSo Vault, making DeSo a new foundation for hosting a fully-decentralized internet. We call this The Decentralized Web.

Phase 2: The Internet of DeSo

Date
Release

Q4 2022

Long-Form Content Standard (Launched)

  • Today, people post long-form content to Medium, a centralized platform, or their own self-hosted blogs, which give them no distribution.

  • DeSo can combine the distribution of a platform like Medium or Twitter with the control and censorship resistance that comes from self-hosted blogs. And, of course, provide many untapped ways to monetize, like diamonds, NFTs, creator coins, and much more.

  • After DeSo standardizes long-form, we think we can make it the #1 destination to share long-form thoughts. https://diamondapp.com/u/nader/blog/decentralizing-writing-creating-an-internet-of-ideas

Q1 2023

On-Chain Group Chats with End-to-End Encryption (Launched)

  • DeSo is already the only blockchain in the world that can support on-chain fully censorship-resistant end-to-end encrypted DMs with on-chain social graphs and identity — and we are extending that functionality to group chats!

  • Users will be able to create fully end-to-end encrypted censorship-resistant on-chain groups and add + remove other users from them.

  • Similar to secure on-chain DMs, this will be an even more impressive “first of its kind” for DeSo.

  • We're calling this "The DeSo Chat Protocol" https://diamondapp.com/u/deso/blog/the-social-network-hard-fork

Q1 2023

On-Chain Private Content with End-to-End Encryption (Launched)

  • Today, DeSo offers great “public square” functionality. Your posts are broadcasted publicly on-chain for everyone to see but people want to be able to make posts on-chain that only their followers can see.

  • DeSo will be launching an end-to-end encrypted on-chain solution for this, leveraging the innovations behind on-chain end-to-end encrypted group chats.

  • This functionality will enable new forms of censorship-resistant communication with followers, as well as new forms of monetization, like subscription models employed by apps like Patreon https://diamondapp.com/u/deso/blog/the-social-network-hard-fork

Q1 2023

Associations (Launched)

  • DeSo will launch a new on-chain primitive called “associations,” which will allow users and app developers to create relationships between users and between users’ content.

  • This new primitive will be used to implement decentralized verifications, as well as on-chain “reactions” and on-chain “blocks” of other users’ content.

  • Associations introduce a decentralized form of authority, effectively implementing previous “web of trust” proposals from the early internet and academia. https://diamondapp.com/u/deso/blog/the-social-network-hard-fork

Q1 2023

Listing Blitz (Continued Progress)

  • We will build a pipeline of exchanges and work with them all to list DeSo

  • This, combined with an increased focus on recruiting credible market-makers, should significantly increase global $DESO liquidity

  • New Listings:

Q1 2023

DeSo Social Wallet v1 (Launched)

  • A brand new self-custodial DeSo Social Wallet that offers a central place to see all of your social assets including NFTs, DeSo Tokens, Creator Coins, and Social Graph with one-of-a-kind features like NFT PFPs and Derived Key Management. https://signup.deso.com/wallet

Q1 2023

Princeton x DeSo (Launched)

  • The Princeton x DeSo Startup Competition is a four-week hackathon-style event made for students looking to create and launch the Next Big Thing (using Openfund). https://www.deso.com/princeton/

Phase 1: The Social Layer of Web3

Phase one aims to solidify DeSo as a cross-chain “social layer” for all of web3, starting with a first-of-its-kind social integration with MetaMask and Ethereum Addresses.

Date
Release

Q3 2022

MetaMask Integration (Launched)

  • This launch will mark a transition from DeSo being a single-chain ecosystem to becoming a cross-chain “social layer” for all blockchains, including Ethereum, Solana, and many others

  • This launch can enable integrations with ETH-focused platforms. For example, NFT marketplaces like Rarible, Foundation, or OpenSea which have millions of MetaMask users in need of a decentralized social layer for comments, DMs, group chats, and much more.

  • With this launch, millions of MetaMask accounts will also gain access to the DeSo ecosystem https://diamondapp.com/posts/f3f6343eb166e93036d6bd80ad1e20939973ad0c53449243451df76bf835cab1

Q4 2022

Flux Integration (Launched)

Q4 2022

DesoDollar (Launched)

Q4 2022

HeroSwap Early-Beta (Launched)

  • We have been working on a platform we think of as the “Stripe for Crypto.” We have been beta-testing it on Openfund and Diamond, but soon it will launch publicly

  • The HeroSwap platform will allow for the cross-chain exchange of any cryptocurrency for another via simple API

  • There is no other platform that allows blockchains to interoperate this way. HeroSwap will be a global “money router” between all blockchains https://diamondapp.com/posts/84fdd166fc3ae09a8569beaa8f8a03239c2ce747740d1b3cb05cb675ef5a1385

Q4 2022

USD Treasury on Openfund (Launched)

  • The #1 request from top fundraisers when evaluating Openfund is to be able to raise with a USD treasury, which is now possible thanks to DesoDollar and Megaswap.

  • Openfund will support the ability to accept funds in *any* cryptocurrency (currently ETH, BTC, SOL, DESO, and USDC), and auto-convert to USD via DesoDollar.

  • Projects can raise from communities across many different blockchains, and then cash out their funds to USDC to achieve their goals. https://diamondapp.com/posts/ec8fb4d9e6ad07716c13e0c8c6e63fd8d3167604ead4ae98e1c5d78bcde41fcc

Q4 2022

New COO Joins (Launched)

Phase 0: From Beginning to Present

Date
Release

Q2 2019

Early Research & Development Begins (Launched)

  • Nader Al-Naji begins exploring decentralized social use cases and learns that existing blockchains like Ethereum weren't equipped to handle the storage and indexing requirements of social media at scale

Q1 2021

Decentralized Twitter Prototype (BitClout) on DeSo (Launched)

  • Support for full Twitter functionality on-chain

    • Profiles, Posts, Follows, Likes, etc…

    • End-to-end encrypted DMs on-chain (unprecedented)

  • Creator Coins took the world by storm as the first asset class that enabled investing in reputation

  • Supported ~100k simultaneous DAUs, showing that the DeSo infrastructure can support decentralized social apps at scale

  • Fully open-sourced frontend and backend https://diamondapp.com/nft/75f16239b57de0531f9579f3817beb0a67515e4999947f293c112fb0260178e4

Q2 2021

First Listing on Blockchain.com (Launched)

Q2 2021

Social Tipping aka "Diamonds" (Launched)

Q3 2021

NFTs on DeSo (Launched)

Q3 2021

DeSo Blockchain Public Launch (Launched)

Q4 2021

Derived Keys & Spending Limits (Launched)

Q4 2021

DESO is Listed on Coinbase (Launched)

Q1 2022

The Social ERC20 Standard on DeSo (Launched)

Q1 2022

Hypersync Launches (Launched)

Q1 2022

DeSo Javascript Framework (Launched)

Q2 2022

DeSo DEX Orderbook (Launched)

  • First-of-its-kind fully on-chain non-custodial order-book exchange, capable of supporting up to 40k matches per second. https://openfund.com/trade

Q2 2022

Openfund Beta Launches (Formerly DAODAO) (Launched)

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