Introduction:
In recent years, there have been a large number of homogeneous financial public chains such as Ethereum, Polygon, Solana, Avax, and the recently launched Aptos and Sui. Then, based on Ethereum's Layer 2 solution, Arbitrum, Optimism, Base and other Layer 2 to Layer 3 homogeneous solutions have been launched and hyped one after another. In addition, a large number of homogeneous platforms have been launched based on the Cosmos-based SEI, Celestia (TIA) and other technologies. After one Meme is released, the next Meme follows. The continuous nesting doll-like online capital hype has already exhausted the cryptocurrency market. BTC has broken through a new high, and the Altcoin market has almost returned to a new low.
It is time for the Web3.0 Internet to begin a revolution that benefits the world's 5 billion Internet users, and for cryptocurrencies and blockchain technology to become practical and popular in our lives. All it takes is a mobile phone to connect to and popularize the DESO blockchain network among global users, allowing the Web3.0 revolution to continue.
FOCUS A new generation of decentralized social network
Focus is a new type of Web3.0 social network (raised $72 million in March, about 1.69 million DESO, $43/piece), built on the new DESO social public chain, realizing the organic integration of cryptocurrency, social media and generative artificial intelligence, introducing a new and seamless monetization path for creators, and using a new viral marketing fission mechanism we call social airdrop to solve the problem of cold start for platforms and creators.
The DESO social public chain originated from the update and iteration process of BitClout decentralized social media in 2020 and was developed on this basis. In September 2021, the DESO public chain received a total of US$200 million in BTC investment from more than a dozen institutions including Sequoia Capital, Social Capital, A16z and Coinbase.
DESO Treasury Reserves
Currently, DESO's treasury reserves exceed 2,500 BTC (long-term reserves), which is worth about $250 million at the current price of $100,000, which is used by the development team. In addition, there are about $30 million worth of U.S. debt and daily operating expenses. Therefore, the current DESO treasury reserves total about $280 million. If BTC reaches $200,000 per coin by the end of 2025 or in 2027, DESO's treasury reserves will exceed $500 million.
Second, Focus raised 72 million dollars at the time, and the price of DESO was about 43 dollars per unit, raising more than 1.69 million DESOs. All the original prices of the DESO counterparts of these 1.69 million DESOs were used to support Focus. If the support generates the repurchased Focus tokens, they will be directly destroyed to achieve deflation of the total amount. This is also the reason why almost all USD users are refunded during the waiting period after the financing is completed (they can refund and exit at any time during the waiting period). If the price of DESO exceeds 500 dollars per unit one year after the launch of the Focus social network, the number of 1.69 million DESOs raised will be calculated at 70% off (minus the support), and there will be about 1.2 million DESOs in the DESO treasury, which is worth about 500 dollars × 1.2 million DESOs = about 600 million dollars.
Therefore, one year later, DESO's treasury reserve will reach more than 900 million US dollars, and will double with the price increase of BTC, DESO, etc. Of course, the 1.69 million DESOs financed through Focus may be used to incentivize the DESO ecosystem to promote the development of the ecosystem. This is also an ecological incentive of up to 600 million to more than 1 billion US dollars for the DESO ecosystem, which will bring tens to hundreds of billions of dollars in market to the ecosystem.
According to official disclosure by DESO, the total operating and development expenditure of the DESO team is about 6 million US dollars a year, and only 250 million US dollars can be used for 40 years of development and operation. Therefore, among cryptocurrency startups, DESO may be an evergreen tree in the future.
Revolutionary WEB3.0 Internet
In July and August of 2023, the Friend.tech social platform based on the Base chain was very popular, which aroused widespread attention to Web3 social networking in the entire crypto market and attracted a large number of KOLs to settle in. In fact, 98% of the economic model of Friend.tech is based on the architectural model of BitClout (the predecessor of DESO). Although the Friend.tech platform was extremely popular at that time, it has become a glorious past for users of the former DESO community, and they are focused on building future infrastructure.
In recent years, the core team has focused on developing infrastructure such as Openfund (DESO DEX platform), DeSo Javascript framework, Hypersync startup, derived keys and spending limits, HeroSwap (cross-chain transactions), DesoDollar (stablecoin solution), Flux integration (cloud infrastructure), DeSo social wallet, DeSo Chat (on-chain social group chat), DeSo GraphQL API (developers), Revolution PoS (DESO 2.0 revolution), Focus.xyz, AI and social integration, etc. In recent years, there has been almost no marketing and other wasteful activities, so there are few reports about DESO in the crypto media.
There will be DeSo Drive, DeSo split (tokens may be split at a ratio of 1:10000) and so on in the future, waiting for the update of the development roadmap in 2025, which will accommodate the participation of 1 billion social users.
Social Costs and Gas Fees
Since the launch of the DESO public chain, community users with more than 3 years of experience have shared statistics that they have published more than 20,000 text, image, video and other posts on various social application platforms in the DESO public chain ecosystem, and have spent a total of about US$0.5 in Gas on the chain.
For example: If we post 20 different posts every day in the DESO ecological application, 20,000 posts ÷ 20 = 1,000 days. If we only post and share on the social level, it means that DESO worth $0.5 can be used for more than 3 years of gas consumption, which is almost zero cost. (In addition to the reward culture and reward consumption tokens, there will be almost no shortage of gas in the future, and it may even be enough for hundreds of years)
On traditional social platforms such as WeChat and Telegram, the withdrawal fee for WeChat is more than RMB 10 per year, and the cost of Telegram VIP for one year is more than USD 10, which is far more than the cost of using DESO social media.
Other decentralized social platforms, such as Farcaster, require a registration or hosting fee of $5 and block a large number of users without Visa and MasterCard, which is not conducive to the promotion and development of Web3.0 Internet.
I have used Lens, Farcaster and many other decentralized social platforms, but I finally chose to return to DESO, which truly achieves the seamless connection between cryptocurrency, social networking and social tokenization. There is no harm without comparison, and only those who have experienced it can have the right to speak.
Focus Social's multiple ways to earn money
The Focus testnet public test will be launched on January 1, 2024. Only users with invitation codes can register and access social content. After the testnet is over, the social content display will be fully open. On the Focus social network, if you have 100,000 followers, you may be able to generate $10,000 to $100,000 in revenue per month. There are more than a dozen ways to make money. The following are some of the easiest ways to make money through social networking.
1. Bounty Hunter
Bounty hunters use bounties as an incentive to invite KOLs and KOL bloggers from other social platforms such as X (formerly Twitter), Facebook, YouTube, Twitch, Instagram, etc.
Since it is a bounty, the bounty users do not need to pay any fees and can directly receive the FOCUS tokens after evaluation. In the DEXI exchange, there are about 1.69 million DESOs with a value of 100% used as a bottom line. Basically, a FOCUS token bounty of 20,000 US dollars is equivalent to 20,000 US dollars, which is a real cash reward.
Taking the X (formerly Twitter) social platform as an example, MrBeast has 30 million followers on X, his posts have an average of 20 million views, and each post has 156,000 likes. Through comprehensive evaluation, he can get a reward of $255,000. When MrBeast joins the Focus network and connects to the authorization evaluation of the X account, he can post a tweet and keep the tweet linked to Focus for 24 hours, and he can receive a reward worth 255,000 FOCUS tokens.
The bounty hunter who recommends MrBeast to join the FOCUS social platform will receive a 10% referral bonus, which is 255,000 × 10% = FOCUS tokens worth 25,500 US dollars.
Important note: According to the authorization evaluation bounty regulations, after connecting the authorization evaluation bounty of the X (original Twitter) account on the FOCUS platform, please be sure to send a tweet (post) with the FOCUS link on the X account and keep it for 24 hours to ensure that you can successfully obtain FOCUS tokens.
It doesn't mean that the more fans you have, the higher the reward.
The key to the amount of bounty depends on the comprehensive results of the KOL fans' attention and interaction, content direction, etc. Please see the next case of cryptocurrency KOL:
The cryptocurrency KOL on the X (formerly Twitter) platform: Crypto Zhongda has only 51,000 fans (followers), but his bounty is as high as 22,000 US dollars, while another crypto KOL has 92,000 fans (followers), but her bounty is only 3,185 US dollars. Her fans are nearly twice as high as Crypto Zhongda's, but her bounty is only 1/6 of Crypto Zhongda's, as shown in the following three pictures.
Recommended Creator Rewards
When I recommended someone like "Crypto Zhongda" to join the FOCUS network, as long as he obtains various creator income through the FOCUS platform, as a recommender, he can get 5% of his income as a reward.
Evaluate the value of FOCUS tokens after 1 year
Focus has just been launched. At present, the Focus platform has less than 1,000 users and is already traded on Openfund DEX at the lowest price. If one year later, Focus attracts 1 million to 10 million users through various incentives, then the increase from 1,000 users to 1 million users is a 1,000-fold increase in users. So is it possible for the price of Focus tokens to increase by 20 to 100 times, what if the number of users increases by 10 million?
Therefore, the bounty of "Crypto Zhongda" users at this time is worth about 22,000 US dollars in FOCUS tokens. As the number of users increases, the value may increase to 440,000 US dollars (calculated 20 times) in one year, and the FOCUS tokens of referral rewards may achieve a value of 2,200 US dollars × 20 = 44,000 US dollars.
Whether it is the current $22,000 (about RMB 150,000) or the appreciation to $440,000 (RMB 3.2 million) in one year, it is a free gift for the KOL "Crypto Zhongda". Compared with the airdrop that consumes a lot of energy, labor and ETH Gas fees every day, there is no guarantee of results. But this is backed by 1.69 million DESO, which is cash.
How many advertising partnerships does a KOL with 100,000 followers need to take to earn more than $20,000? Therefore, whether to become a bounty hunter is probably a good opportunity that cannot be missed for users and teams. If KOLs recommend each other, the recommendation reward may reach hundreds of thousands of dollars a day.
How to claim FOCUS bounty
Since it is a bounty, the bounty user does not need to pay any fees. After evaluation, they can directly receive it and it will arrive in the DESO wallet (unlocked for 1 year). Even if there is a fee, it is the gas fee of the DESO blockchain network. You can find a bounty hunter to reward DESO below 0.001 as gas.
However, during the FOCUS beta, you need a bounty hunter invitation code to create or import a wallet and log in to the FOCUS platform. After logging in, click Connect to X (formerly Twitter) platform for evaluation, which will calculate the dollar value of the FOCUS token reward. Send X tweets as required and keep the Focus-linked tweets for 24 hours to claim them directly.
Important note: According to the authorization evaluation bounty regulations, after connecting the authorization evaluation bounty of the X (original Twitter) account on the FOCUS platform, please be sure to send a tweet (post) with the FOCUS link on the X account and keep it for 24 hours to ensure that you can successfully obtain FOCUS tokens.
2. Personal Creator Tokens (Copyright)
As every KOL or KOL has its own fan base, KOLs can issue their own creator KOL tokens (referred to as: creator tokens) to provide to fans. KOLs can grant their creator tokens a variety of privileges, such as fans holding their own creator tokens can enter their own VIP community for free, can read paid posts or blogs on FOCUS, and can also trade and make money. Of course, the greater the influence of the KOL, the higher the value of the creator token will be.
In addition, creators can set trading copyrights for their own tokens, and can set copyright fees of 0-100%. For example, if a 10% copyright is set, 10% of the copyright will be charged to the creator every time a transaction is made, thereby achieving long-term copyright income.
It is important to note that personal creator tokens represent the personal credibility of the creator, including the issuance of NFTs, so please be cautious.
3. Subscription and paid messaging
3.1. Course or column subscription
Creators such as We-media can enable the subscription column, and subscribe to articles, videos and other content in the column. This column can set the price of the user's subscription package, such as setting 10 US dollars/month or 100 US dollars/month, or even setting 1000 US dollars/year for subscription content or courses. When users subscribe to your content or courses, they will receive subscription income. Payment supports DESO, Focus, USDC and other automatic conversion of US dollar value.
3.2. Paid Messages
When a user wants to chat with a creator (blogger) privately, in order to avoid spam harassment or screen valuable high-quality users, the creator can set up paid messages for himself (or not), such as setting up a payment of $1 to send a private message to me. This helps the creator avoid invalid social interactions and replies, while also earning paid income.
4. Gated Content
What is gated content? For example, when you want to publish a blog post, or a cryptocurrency market analysis, or the code to wealth, you can start the gated unlocking function in the post content so that the upper half of the post can be previewed, and the remaining content requires payment to unlock. You can set the unlocking price to $0.01, $1, or even $10, etc. The user's paid reading will become the creator's income.
5. Tips (Diamonds)
Creators who publish content on Focus, such as posts, photos, videos, music, etc., will receive diamond rewards from readers. Diamonds are a certain percentage of valuable assets, which is income. Generally, the better the content, the more reposts, comments, and readings it receives, and the higher the rewards and advertising income it receives.
Tipping amounts range from 0.01, 0.25, 1-1000 USD diamonds (DESO or FOCUS, etc.), and you can tip diamonds with just one tap. If you have 10,000 fans reading your posts, it is very easy to earn hundreds or thousands of dollars in tips, especially when the wealth code is redeemed, it is normal to thank them! (Wallet authorization is required for the first tip of more than 0.25 USD)
Therefore, users who post in the DESO ecological application do not have to worry about insufficient GAS. Even the smallest diamond is enough for a long time.
6. Earn money through referral
When you recommend a creator to join the FOCUS social platform, regardless of whether he is earning copyright income from issuing NFTs, creator tokens, etc., or receiving referral bounties, subscription payments, etc., as long as the creation brings income, he will receive 5% of the referral income.
A creator with 100,000 followers on the FOCUS platform is expected to earn $10,000 per month in various creator income, depending on their operational capabilities. As a recommender, they can get 5% of the referral income, 10,000×5%= $500/month in referral income. If they recommend 10 high-quality KOLs to join the FOCUS platform, they can earn more than $5,000 a month.
There are tens of millions of social media creators around the world. If we invite them all to participate in creation on the FOCUS platform, this will be the biggest revolutionary breakthrough in the Web3 field.
Tip: The bounty reward for bounty hunters and the creator recommendation reward are separate. Click Share in the menu to see the invitation link.
7. Start the project
Decentralized social networking is a global, social ecological market that can generate trillions of dollars of industry. FOCUS has its own project launch, financing, voting governance, dividend distribution, token distribution and other functions. Whether it is a customized project issuing tokens, or MEME and "creators" can issue tokens and start DAO and other governance functions. It can also be quickly spread through the FOCUS social platform, and can start automated AMM market maker transactions on FOCUS and Openfund DEX, and automatically buy and sell to stop profit and stop loss.
The MEME project has always occupied an important position in the crypto market. This year, the Meme project on the Solana blockchain has emerged as a dark horse and has become the focus of market attention. Perhaps the next MEME hotspot will be born from the DESO ecosystem.
Here are the upcoming features
8. Post to Earn (Weekly Ranking)
Weekly rewards for top creators: Based on the creator's combined weekly ranking, top creators can receive up to $5,000 per week, while smaller creators receive down to $0.50 . (Coming soon)
9. Paid advertising
As an influential creator, there are naturally many project parties, financial platforms, professional operation teams, corporate products, live streaming, advertising, etc. As long as they need traffic, they will look for cooperation with them.
For example, cryptocurrency project owners need to pay advertising fees when looking for creators, KOLs, or when forwarding or sending tweets for promotional activities. If there are products that can be sold, KOLs can be paid for advertising to forward and promote them. These will have built-in payment buttons, and you can also set your own charging standards.
You can even add an advertising window to the creator's personal homepage to place advertisements, such as automotive supplies, mobile phones, and digital products, and receive transaction commissions for the goods. You can also set up separate charges for personal homepage advertising display.
10. Opening a personal shop (shopping)
In the FOCUS app store, there will be ecological developers who will launch various ecological applications based on DESO or FOCUS and integrate with FOCUS, such as online shopping malls, personal stores and other ecological applications. At that time, FOCUS creators can add their own stores to their homepages and list their own products for sale, such as courses, virtual goods, food products, etc., and make money by opening stores through their own traffic.
This function is very similar to TikTok stores and WeChat video showcases. By leveraging social traffic to bring and sell goods, it will be able to support tens of millions of creators and will also bring DESO an ecological market value of over one trillion dollars.
11. Social AI earning
The integration of social media and AI is an inevitable trend. The AI integration of FOCUS is already under further development. Combining with AI will generate multiple incomes and make money from AI-generated content based on the media you upload.
Summarize
The above are the top 10 ways to make money on the Focus encrypted social platform. Each category is divided into many small details, which should be more than a dozen known ways to make money. DESO blockchain is an open network that is backward compatible. In theory, the traditional Web2.0 social platforms, such as Toutiao, TikTok, X (formerly Twitter), Facebook, Instagram, youtube, etc., can make money in the DESO or FOCUS ecosystem. We look forward to more developers joining the DESO ecosystem.
DESO ecosystem has three major assets: 1. FOCUS is 100% backed by DESO, which is relatively value-preserving. Holders will enjoy various rights and interests dividends; 2. Openfund is the DEX of the DESO platform. The total number of tokens is 95 million, all of which are in circulation. All transactions, including FOCUS tokens, are completed through Openfund DEX. A 0.1% transaction fee will be charged, which will be used to repurchase Openfund tokens for destruction, making it passively deflationary; 3. DESO is the universal token of the entire DESO platform. It is a basic token used for Gas, community governance, staking, payment, etc.
Official account: DeSo Teahouse
