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DeSo Foundation

Los Altos, US

About

DeSo is a layer-1 blockchain, like Bitcoin or Ethereum, that recently listed on Coinbase, has accumulated over 1.5 million accounts, and just crossed over $1B in volume transacted on-chain. DeSo is backed by Sequoia, Andreessen Horowitz, Social Capital, Coinbase Ventures, and many others. Our mission is to decentralize social media the same way Bitcoin and Ethereum are decentralizing the financial system. As a layer-1 blockchain, DeSo can be compared to other blockchains like Bitcoin, Ethereum, Solana, Avalanche, etc... However, DeSo has several major advantages over these platforms, the largest being that it is designed to power storage-heavy applications (like social applications and marketplaces). To put it in perspective, storing just a 200-character "Tweet" on Ethereum costs ~$80, and costs ~$0.25-$1.00+ on Solana, Avalanche, Polygon, and virtually all other smart contract chains. In contrast, it costs 1/1,000th of a penny on DeSo, which is why breakthrough apps like Diamond, DA

Position in the VCSift Database

  • 2,043 investors in VCSift focus on the crypto-web3 sector.
  • 161 investors are based in Los Altos, California, United States.

Data sourced from 410,343 investor profiles. Updated July 2026.

Investment Focus

Sectors
crypto-web3

Contact Information

su•••••@deso.org
linkedin.com/in/••••••••

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