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Key takeaways
· Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week
· Focus competes with subscription platforms like OnlyFans and Patreon, a multi-billion dollar industry
· Users can reserve with DESO, BTC, ETH and more to earn a 90% bonus in $FOCUS tokens for a limited time
Focus, a new decentralized SocialFi app built on the DeSo blockchain, has made waves in the crypto industry by amassing over $75 million in token reservations in its first week of launch. This unprecedented achievement not only demonstrates the potential of the platform, but also reflects the growing interest in decentralized social media.
Focus (focus.xyz) is built by DeSo, the team that raised $200 million from Coinbase, Sequoia, a16z, Polychain and other top funds. It aims to disrupt the multi-trillion dollar social media market and creator economy by introducing revolutionary features rivaling the likes of X, Onlyfans and Patreon.
The total addressable market for this sector is large, with OnlyFans expected to process approximately $8 billion in 2023 while charging a 20% transaction fee. These high fees significantly reduce creators' profits, highlighting the need for a more equitable solution.
Focus combines the best of Onlyfans, Patreon,
Built on the Decentralized Social (DeSo) blockchain, Focus stands out with a unique approach to content ownership, creator monetization, and user engagement. In response to this overwhelming realization, Nader Al-Naji, founder of DeSo and visionary behind Focus, shared his insights:
“The response we have received is nothing short of spectacular. It is a testament to the community's belief in a decentralized future for social media. Our platform isn't just about reshaping social media; it's about empowering users and creators in a way that has never been done before.” – Nader Al-Naji, founder of DeSo
Focus' mission extends beyond the realm of conventional social media.
Focus aims to revolutionize the way we interact online by providing unprecedented monetization opportunities for creators, combined with advanced AI tools, while addressing the challenges of censorship and content authenticity.
Thanks to the DeSo blockchain and its Revolution Proof of Stake system, Focus will support content storage directly on-chain for 1/10,000th of a cent per post, much less than Solana at ~$1 per post or Ethereum at ~$100+ per post.
One of the main features that attracts users to Focus is the ability to reserve $FOCUS tokens. This process is similar to staking, with a unique twist: users can reserve tokens using various supported currencies such as BTC, ETH, SOL, USDC, and DESO.
Focus allows anyone in the world to become an owner, even before the app launches. Imagine owning a piece of Meta or Twitter before it's even released. Users who participate in the early bird period can purchase $FOCUS tokens and also receive an additional bonus equal to the indicated amount, currently set at 90% and decreases by 5% every week until the app launches. This is a perk designed to reward early supporters and adopters of the platform.
The booking process is user-friendly and fully refundable, ensuring that participants can support the platform with confidence while maintaining financial flexibility. As Focus prepares to launch its app, the excitement within the community is palpable. With its innovative approach to tokenomics, Focus is poised to redefine the social media and cryptocurrency landscape.
To reserve tokens and earn a 90% $FOCUS bonus, potential users should visit ton the website and reserve their funds by 11:11 a.m. EST on February 8. The bonus will decrease each week until the application goes live.
About Deso
DeSo (is the first and only censorship-resistant layer 1 blockchain, purpose-built to power storage-intensive applications and scale decentralized social networks for mass adoption. Their mission is to decentralize social media like Bitcoin and Ethereum are decentralizing finance. DeSo has gained significant adoption and has 2.6 million users (wallets) and 93 million transactions. With Focus, DeSo aims to usher in a new era of crypto led by consumer applications of cutting edge that scales to billions of users.
Key takeaways
· Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week
· Focus competes with subscription platforms like OnlyFans and Patreon, a multi-billion dollar industry
· Users can reserve with DESO, BTC, ETH and more to earn a 90% bonus in $FOCUS tokens for a limited time
Focus, a new decentralized SocialFi app built on the DeSo blockchain, has made waves in the crypto industry by amassing over $75 million in token reservations in its first week of launch. This unprecedented achievement not only demonstrates the potential of the platform, but also reflects the growing interest in decentralized social media.
Focus (focus.xyz) is built by DeSo, the team that raised $200 million from Coinbase, Sequoia, a16z, Polychain and other top funds. It aims to disrupt the multi-trillion dollar social media market and creator economy by introducing revolutionary features rivaling the likes of X, Onlyfans and Patreon.
The total addressable market for this sector is large, with OnlyFans expected to process approximately $8 billion in 2023 while charging a 20% transaction fee. These high fees significantly reduce creators' profits, highlighting the need for a more equitable solution.
Focus combines the best of Onlyfans, Patreon,
Built on the Decentralized Social (DeSo) blockchain, Focus stands out with a unique approach to content ownership, creator monetization, and user engagement. In response to this overwhelming realization, Nader Al-Naji, founder of DeSo and visionary behind Focus, shared his insights:
“The response we have received is nothing short of spectacular. It is a testament to the community's belief in a decentralized future for social media. Our platform isn't just about reshaping social media; it's about empowering users and creators in a way that has never been done before.” – Nader Al-Naji, founder of DeSo
Focus' mission extends beyond the realm of conventional social media.
Focus aims to revolutionize the way we interact online by providing unprecedented monetization opportunities for creators, combined with advanced AI tools, while addressing the challenges of censorship and content authenticity.
Thanks to the DeSo blockchain and its Revolution Proof of Stake system, Focus will support content storage directly on-chain for 1/10,000th of a cent per post, much less than Solana at ~$1 per post or Ethereum at ~$100+ per post.
One of the main features that attracts users to Focus is the ability to reserve $FOCUS tokens. This process is similar to staking, with a unique twist: users can reserve tokens using various supported currencies such as BTC, ETH, SOL, USDC, and DESO.
Focus allows anyone in the world to become an owner, even before the app launches. Imagine owning a piece of Meta or Twitter before it's even released. Users who participate in the early bird period can purchase $FOCUS tokens and also receive an additional bonus equal to the indicated amount, currently set at 90% and decreases by 5% every week until the app launches. This is a perk designed to reward early supporters and adopters of the platform.
The booking process is user-friendly and fully refundable, ensuring that participants can support the platform with confidence while maintaining financial flexibility. As Focus prepares to launch its app, the excitement within the community is palpable. With its innovative approach to tokenomics, Focus is poised to redefine the social media and cryptocurrency landscape.
To reserve tokens and earn a 90% $FOCUS bonus, potential users should visit ton the website and reserve their funds by 11:11 a.m. EST on February 8. The bonus will decrease each week until the application goes live.
About Deso
DeSo (is the first and only censorship-resistant layer 1 blockchain, purpose-built to power storage-intensive applications and scale decentralized social networks for mass adoption. Their mission is to decentralize social media like Bitcoin and Ethereum are decentralizing finance. DeSo has gained significant adoption and has 2.6 million users (wallets) and 93 million transactions. With Focus, DeSo aims to usher in a new era of crypto led by consumer applications of cutting edge that scales to billions of users.
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