Coinbase-Backed DeSo Launches Revolutionary Chat Protocol, Unlocking Cross-Chain Wallet-to-Wallet Messaging with Ethereum

Trending 9 months ago

Los Angeles, Colorado, 14th February, 2023, Chainwire

DeSo, the layer-1 blockchain that raised $200M from apical funds, including Sequoia, Andreessen Horowitz, and Coinbase-Ventures, announces the motorboat of DeSo Chat Protocol (DCP) — an on-chain, end-to-end encrypted wallet-to-wallet messaging protocol for web3.

DeSo Chat Protocol (DCP) is simply a secure, censorship-resistant messaging level for web3 communities. It is built with cross-chain interoperability successful mind, truthful it tin easy integrate with immoderate blockchain. With its quality to prolong 40,000 messages per second, it tin standard to millions of users, cross-chain, with small to nary state fees. Ethereum is the archetypal integration for DCP, but determination are plans to spouse with different chains similar Solana and Near successful the future. When an Ethereum idiosyncratic logs successful utilizing MetaMask, they are instantly airdropped capable $DESO to nonstop up to 10,000 messages.  

Founder of DeSo, Nader Al-Naji, explains, “With its built-in interoperability, DeSo Chat Protocol is positioned to go the cosmopolitan communicator for the full web3 ecosystem. For the archetypal clip ever, NFT marketplaces similar Opensea, MagicEden, and Rarible tin integrate DCP to supply a safe, unafraid mode for founders, builders, oregon creators to pass careless of the blockchain they use.”

DeSo Chat Protocol is simply a almighty connection instrumentality that tin beryllium added to immoderate app connected immoderate blockchain. Additionally, developers tin make new, ne'er earlier seen societal experiences 100% on-chain. Furthermore, it provides white-labeling options truthful that web3 apps tin motorboat with radical chat and community-building capabilities without having to acceptable up everything from scratch. DeSo is presently successful talks with apps and NFT marketplaces to integrate DeSo Chat Protocol successful the adjacent future. That means communities connected platforms similar Opensea, Rarible, and MagicEden tin pass with each different nary substance which app oregon blockchain they’re on.

Al-Naji continues, “That means that a idiosyncratic connected Opensea tin nonstop a connection to idiosyncratic connected Rarible, and a idiosyncratic connected Rarible tin nonstop a connection to idiosyncratic connected MagicEden without having to interest astir state fees making it easier than ever for web3 communities to standard and monetize on-chain with heightened information and information to forestall hacks.”

DeSo Chat Protocol offers a wide scope of features that fashionable messaging apps similar Signal, Telegram, and Whatsapp have, specified arsenic radical chat management, connection edits, end-to-end encryption, and emoji reactions. Additionally, acknowledgment to the money-native features that travel with the DeSo blockchain, DCP tin beryllium customized to physique caller messaging experiences that integrate NFTs, Social Tokens, Gated Messaging, and overmuch more! 

Crypto communities person been clamoring for their ain web3 autochthonal chat exertion for the past respective years, particularly aft the high-profile Bored Ape Yacht Club hacks connected Discord. Most web3 communities are fragmented and forced to usage archaic web2 messaging protocols, leaving them susceptible to hacks, attacks, and stolen assets. 

Internet scams are expected to summation owed to the detonation successful popularity of AI, wherever heavy fakes are hard to discern from reality; blockchain-based individuality and estimation could beryllium the lone mode to verify whether idiosyncratic is real, mitigating scams on the way.

Additionally, the DeSo Chat Protocol is positioned to go a large subordinate successful the planetary Blockchain Messaging Apps Market, which is expected to turn from USD 42.23 cardinal successful 2022 to USD 628.72 cardinal by 2030 (an summation of 1389%). It stands retired among different options due to the fact that it’s built connected the DeSo blockchain, specifically designed with scalability successful mind, allowing decentralized societal networks to scope billions of users portion offering unmatched spot and transparency acknowledgment to everything being stored 100% on-chain.

This is yet different measurement towards DeSo’s ngo of becoming The Social Layer of Web3, a creator-led and user-owned net powering the aboriginal of societal media. With the caller motorboat of Openfund and MegaSwap, DeSo present boasts a afloat acceptable of tools for founders and builders to motorboat apps that pull millions of users portion creators tin monetize successful ways ne'er earlier possible.

About Deso

DeSo is simply a caller layer-1 blockchain built from the crushed up to decentralize societal media and standard storage-heavy applications to billions of users. It raised $200 cardinal and is backed by Sequoia, Andreessen Horowitz, Coinbase Ventures, Social Capital, Polychain Capital, Winklevoss Capital, Pantera, and different bluish spot funds.

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