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My First Million
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DeSo (formerly BitClap)
by Nader Al-NajiDeSo is a blockchain infrastructure built from 2019-2021 that powers decentralized social networks. BitClap was the first prototype app launched in March 2021 with a viral growth mechanism of pre-populated user profiles and creator coins, achieving $80M in invested capital across the network despite only ~10,000-50,000 daily active users. The project faced criticism for anonymity and lack of withdrawals initially, but shifted to transparency by revealing founder Nader Al-Naji and establishing the DeSo Foundation, with 100+ apps now built on the blockchain and creator monetization through NFTs and social tokens.
Threads
by Mark ZuckerbergThreads is Meta's text-based social network launched in July 2023, reaching 100 million users in its first week by leveraging Instagram's existing user base. The platform positioned itself as a kinder, more moderated alternative to Twitter, with Meta's 20 years of experience managing abuse and spam. Early traction shows potential to disrupt Twitter despite questions about long-term retention and whether it can sustain growth beyond early adopters.