📅DeSo Roadmap
Phase 3: Revolution
Q1 2024
Q2 2024
Automated Market-Makers launch on the DeSo DEX.
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 2024
- April/May: Revolution PoS launches on testnet. 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. After two to four weeks of stable block production on testnet, Revolution will be ready for prime-time and the mainnet fork will trigger.
Q2 2024
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 2024
DeSo GraphQL API & State Syncer (with Documentation) Releasing production-ready API's for third-party developers to build DeSo applications with GraphQL, Javascript SDKs (DeSo JS), and Indexing tools.
Q3 2024
DeSo × AI Launching the first wave of AI-based content generation and creators in partnership with AI-based tools.
Q3 2024
Tier 1 Exchange Listings.
Increase tier-1 listings for $DESO on top exhanges, such as Binance, OKX, ByBit, Kraken and KuCoin.
Q4 2024
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
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.
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.
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.
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.
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)
Q1 2023
Princeton x DeSo (Launched)
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.
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.
Q4 2022
Flux Integration (Launched)
DeSo applications can now integrate seamlessly with their decentralized cloud infrastructure, and all that's needed is a basic docker image of your project.
Q4 2022
DesoDollar (Launched)
We are launching a breakthrough stablecoin that will enable low-fee USD transactions on DeSo
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
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.
Q4 2022
New COO Joins (Launched)
DeSo has historically under-invested in business development and marketing, and we are hiring a key partner to fix that
Phase 0: From Beginning to Present
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
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)
Q2 2022
Openfund Beta Launches (Formerly DAODAO) (Launched)
Building a developer ecosystem starts with an efficient way for developers who are working on interesting projects to get funding. Openfund created a decentralized mechanism for developers to raise money from not just the DeSo community, but also the broader web3 community thanks to its clever use of cross-chain swaps via MegaSwap.
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