Helping ambitious teams and communities fundraise to build big ideas in web3 • 100% on-chain • Built on @desoprotocol
Joined January 2022
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It's a new year! And a new name!
After discussing with our community and many DAO creators, we voted to adopt a new name that's focused on what we do best:
Helping ambitious founders and teams fundraise for their ideas, and engage with their communities.
Introducing Openfund!
Openfund retweeted
We are now testing permissionless Bitcoin trading on Openfund!
You can use USDC-ERC20 to buy and sell Bitcoin directly on the DeSo DEX, with self-custody.
Our mini-AMMs are providing ~8k in the +/-2% band, but we're planning on upping that to ~100k when we launch them fully, ideally next week after PoS hits. And remember that Openfund will be getting a major facelift soon as well!
Our mini-AMMs will be up and down intermittently this weekend as we work out the kinks, but they're up now so please give them a test if you have some time.
Openfund retweeted
Our latest $NodeBitsDAO funding round is live on @openfund_com
Help us launch a @NeoxaNet SmartNode into our node farm and earn passive #DeSo rewards and #NFTs while contributing the infrastructure that powers #Web3!
openfund.com/d/NodeBitsDAO
Openfund retweeted
With just over three days left to go we are now over 75% funded for our January @Openfund_com funding round!
Participate in $NodeBitsDAO and earn passive $DeSo rewards and #NFTs while contributing to the infrastructure that powers #Web3!
openfund.com/d/NodeBitsDAO
We’re excited to play a huge role in the launch of the $FOCUS token for the new focus.xyz crypto social app built on DeSo!
Make sure to read below for airdrop details for Focus, which is backed by $DESO @desoprotocol
Today, I'm excited to share our launch plan and a complete walkthrough of the Focus platform for the first time ever.
Focus has been in development for over a year, and it's our most significant product launch since BitClout in 2021. Personally, I've never been this excited for a product launch, ever.
You can find all the new info below and on focus.xyz. We even have a custom GPT model for interactive Q&A:
* White Paper: docs.google.com/document/d/1…
* Tokenomics: docs.google.com/document/d/1…
* Focus GPT Model for Interactive Q&A: chat.openai.com/g/g-zCy5gZtx…
Please let us know what you think, and if you have any questions leave a comment on our DeSo thread here: diamondapp.com/u/nader/blog/…
The next date to watch is Jan 11th at 11:11am Eastern Time. This is when $FOCUS reservations will open. You can sign up for email updates and instructions on focus.xyz.
Thank you all for your support. Our goal for Focus is to hit at least 10 million real daily active users, and we will work tirelessly to achieve it. With your help, we can make Focus the first crypto platform to hit true mainstream adoption ever.
Openfund retweeted
New to DeSo?
Watch our onboarding video below to see how simple it is to get started on DeSo!
Engage with web3 social apps that have web2-like UX, such as @UseDiamond @desocialworld @DesofyApp @WeAreStori & @openfund_com
Openfund, built fully on the DeSo blockchain, will play a huge role in all upcoming DeSo token trading and airdrops.
Our fully on-chain AND cross-chain orderbook is truly one of a kind and we can’t wait to make see our vision come to life.
Excited team!
I am officially confirming that the next major SocialFi consumer app from the @desoprotocol team will have a fully permissionless airdrop, open to anyone in the world.
It will be a new viral mechanic that we've been working on for over a year now.
Details coming soon.
Coming soon to Openfund!
Game changing.
Openfund retweeted
Our latest funding round is live on @openfund_com!
Help us top up the 2nd @GoPlugin node in the #NodeBitsDAO #node farm and earn passive #DeSo rewards while contributing the infrastructure that powers #Web3!
openfund.com/d/NodeBitsDAO
#PLI #Plugin #GoPlugin #XDC
Openfund retweeted
🚨The world doesn’t need MORE Twitter competitors!
It needs completely redesigned L1 architecture that puts identity, ownership, content, monetization & censorship-resistance at its core.
So the next wave of the Internet can truly achieve the vision of Web3: Read, Write & Own.
Build the next Reddit with DeSo and Openfund 🧡💙
We’re excited to announce up to $1M in funding for visionary founders to come build a decentralized competitor to Reddit with our infinite-state blockchain.
Think you have what it takes to change social media for the better?
Read on to find out how!
diamondapp.com/u/deso/blog/d…
Read the latest Openfund 2.0 proposal here:
With concerns surrounding centralized exchanges, we've taken the time to imagine the next iteration of Openfund (@openfund_com).
A fully decentralized & on-chain order book & perpetuals exchange.
The first of its kind.
Read our latest proposal here:
proposals.deso.com/docs/open…
Openfund retweeted
Web3 Venture Capital is drying up.
Venture funding for Web3 projects has crashed 82% YoY, a significant decrease from $9.1B in Q1 2022 to a mere $1.7B.
If you are a founder looking to raise capital for your project, where should you turn?
The answer is Openfund. Here's why 🧵
Thanks to Openfund, founders and investors no longer have to wait years for asset liquidity.
Openfund provides instant liquidity with tokens that can be traded via our on-chain non-custodial order-book exchange.
Check it out today: openfund.com/trade
Web3 VC funding has declined 82% year to year, dropping from $9.1 billion in Q1 of 2022 to only $1.7 billion in 2023 🤯
If you are a Web3 founder struggling to raise capital, Openfund offers the easiest way to raise money on the internet.
Love to see it! Congrats @bits_dao
We have used the funds from our last @openfund_com funding round to obtain more #PRE tokens to stake to our @presearchnews nodes.
We now have 53,000 #PRE staked to 25 #Presearch nodes!
These nodes will increase the passive #DeSo rewards generated for #NodeBitsDAO participants.
