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#274November 2, 20211:13:34

The Next Big Social Media Network Will Be On the Chain. Nader Al…

About This Episode

Nader Al-Naji, the creator of BitClout and the Deso blockchain, joins the show to discuss the future of decentralized social media and creator monetization. The conversation explores the technical challenges of putting social data on the chain, the strategic transition from an anonymous launch to a public foundation, and how social tokens create aligned incentives between fans and influencers.

Episode Description

Nader Al-Naji (@nadertheory) joins Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) to discuss the future of social media on the blockchain, why social network users should have their own coin, and much more. _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. _____

Show Notes

  • 00:26- The social blockchain
  • 15:28- Details about Deso and BitClout
  • 25:33- Why Nader initially tried to go anonymous
  • 38:56- Building value for creators into the blockchain
  • 46:00- Personal questions about Nader
  • 56:24- Nader’s BitClout portfolio
  • _____

Links

  • * Deso
  • * BitClout
  • * CloutFeed
  • * PolyGram

Key Takeaways

1

Decentralized social networks separate the data layer from the application layer, allowing independent developers to build competing algorithms and interfaces on top of the same open user database.

2

Creator coins align incentives by turning fans into stakeholders who financially benefit from a creator's growth, effectively democratizing the equity of social influence.

3

A successful investment strategy in emerging social platforms involves backing 'analysts' who interpret on-chain data and reporting on the network's internal trends before they go mainstream.

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Quick Stats

Duration1:13:34
Guests1
Ideas Discussed0
Topics5