DeSo offers $1M bounty for building decentralized Reddit By Cointelegraph

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Via a July 6 announcement, decentralized social media protocol DeSo has issued a $1 million bounty for building a competitor to Reddit using its native blockchain. In supporting the decision, developers wrote:

“This controversy and others highlight the ongoing problems with centralized social media platforms,” developers said, while also pointing out Elon Musk’s controversial decision to impose reading limits on new and verified accounts on Twitter, citing “extreme levels of data scraping & system manipulation.” Nader Al-Naji, founder of DeSo, highlighted a shift where users embrace autonomy over social content, as with owning (BTC) with money: