5. BitClout (DeSo)
DeSo is short for decentralized social network and is a blockchain that is dedicated to the creation of decentralized social media platforms. BitClout is among most well-known apps on this particular blockchain.
BitClout is not explicitly a blogging tool, but is described as a “crypto social network.” In fact, BitClout is very similar in architecture to the Bitcoin platform. However, as a Web3 concept, BitClout comes with a number of social features that make it possible for bloggers and other creators to monetize their works. For example, the app supports the creation and publishing of posts, gaining followers, and the setting up of user profiles.
The unique thing about BitClout is that all users can buy cryptocurrency, called BitClout, which can be used to trade what are called “creator coins” and carry out trading activities on the platform. Every user is assigned their own creator coin that is tied to their profile.
The price of a creator coin is influenced by the owner’s social reputation, and anyone on BitClout can buy into a user’s creator coin. Well-known influencers such as Elon Musk and Kim Kardashian, for instance, have their own assigned creator coins. The more value you add as a creator, the higher the value of your coin.
Creators on BitClout also stand to earn when their content gets “diamonds” (similar to “likes” on Facebook), by selling cryptocurrency to fans or investors, or by converting their content into NFTs, which can then be sold.
There is much more to BitClout/DeSo that you would simply have to investigate on your own since a lot of it is still being worked out by developers. But you can still jump on and start exploring the available features.