cryptocurrency news

DeSo Decentralized Social Hot New Updates

It has been an exciting month so far in Decentralized Social Media thanks to the new blockchain DeSo. I expect 2022 will be a fantastic year based on the speed of growth and development that I have seen since I started about three months ago.

DeSo Launched on Coinbase

This is the biggest success since I joined so I wanted to share it first. DeSo had a successful launch on Coinbase Pro and started officially trading at 12 PM EST on 12/14 and by the afternoon it was listed on the standard Coinbase. This is a huge step for the validity of the project.

Now we wait to see if the next step comes true. DeSo NFTs coming to Coinbase? Soon we shall see.

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More DeSo News and Updates

The DeSo Octane Fund Update

For those of you new to DeSo the Octane Fund was a $50 million dollar fund that was set aside to support developers and push for the growth of the DeSo Network.

Diamondapp.com was the first app to receive funding from the Octane Fund at a whopping total of $1 million dollars.

Approximately $9 million dollars has also recently been announced for release to some additional projects that were submitted for funding. It looks like there will be 20+ Grants and 12 Equity Rounds of seed funding.

Possible New Updates Coming

  • DRC-20 Smart Contracts. There has been discussion of this happening. It is just a question of when.
  • New NFT Features coming in version 2. This should include the ability to list as open auction, timed auction and buy now.
  • There is also discussion about a possible coin split to lower the price and make it look more attractive to buyers. For example, DeSo could potentially split and you receive 10 deso for every 1 that you currently own.

Inspiring DeSo NFT Artists

I want to share two amazing artists I have recently discovered on the DeSo network. IRM and Sergio. Both have several great projects and great styles.

IRM is a 3D digital artist from London, England. These 3D character renderings are on fire and go fast.

With the ever-expanding Metaverse, I would be interested to see if IRM or other 3d Artists begin releasing NFTs with source files that can be used in VR.

The Fallen Angels DeSo NFT Collection

The Stoned Apes DeSo NFT Collection

The Big Buddha DeSo NFT Collection

IRM is continuously working on new projects. You can find more of IRM’s work here.

Want to know more about DeSo? FAQ and Top Need To Know Info About DeSo – Crypto Bite

Sergio is an artist from Columbia. He produces some amazing and colorful art.

My main job is as a tattoo artist, I have 5 years of experience in the world of this art, what I like to do the most are minimalist styles, most of my works are designs already brought by clients, although I always like to make my own designs, at the moment I am saving to open my own studio where I can have a space to create my art and provide employment opportunities to other artists.

Just got to add this beautiful piece of artwork to my collection.

I spent a good amount of time going through this collection. I was lost inside of my imagination. The characters brought to life stories and visions of these creatures in a mythical metaverse.

Sergio’s Latest Work on Cranues

The next collection was a collaboration between Sergio and Jody Bossert called CloutJacks. This was a special Halloween collection.

Stay tuned for more updates on DeSo with cryptobite.io.

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