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News Explorer — DeSo Puts Up $1 Million for Blockchain-Based Reddit Rival

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Jul 6, 4:40 pm
Cointelegraph

DeSo Puts Up $1 Million for Blockchain-Based Reddit Rival

Decentralized social media protocol DeSo has offered a $1 million bounty for creating a Reddit competitor on its blockchain. This decision comes after Reddit faced backlash for limiting API access, leading to subreddit blackouts and the shutdown of third-party developers. DeSo aims to address the problems with centralized social media platforms and promote user autonomy over content.

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