Dredid Launch: Invest in Decentralized Social Media’s Future

openfund.com/d/dredid

Hello, digital pioneers and blockchain enthusiasts! I’m thrilled to introduce you to a project that is set to dramatically increase the active users on DeSo and revolutionize social media experience: dredid.com.

The Journey Begins with a Story

My journey through the decentralized social (DeSo) landscape began in March 2021 with bitclout.com —a revolutionary concept that preserves unalterable user content and ensures freedom from unjust bans. This journey led me to create altumbase.com, a still-thriving analytics hub serving numerous projects within the DeSo ecosystem.

The Need for Decentralization

Why decentralize Reddit, you ask? Imagine a platform immune to the frustrating API limitations and cost hikes that plague Reddit today. A platform where each subreddit (or subdredid, in our world) is its very own NFT, exchangeable and claimable, fostering a true sense of ownership and community value.

What We've Built So Far

Dredid is currently a proof of concept, but it's alive with potential. Every aspect, from posts and comments to upvotes and moderation, will be built on the DeSo blockchain—ensuring a fully decentralized DNA.

Our Roadmap to Decentralized Social Media

We're on a mission to create a comprehensive social platform that aligns with the core functionalities users love, while also innovating for the future. This includes everything from user-friendly search functions to progressive web app development.
Engaging and Rewarding Our Community

Engagement is at the heart of Dredid. Our plan is to begin migrating subreddits to Dredid within the next three months, marking the start of a new era in DeSo engagement.

Legally Decentralized

Dredid will embody its decentralization not just in spirit, but legally too, as a Decentralized Autonomous Organization (DAO). This structure ensures that all stakeholders have a voice in the platform's future.

A Sustainable Business Model

Our business model is innovative yet sustainable, revolving around unique NFT ad sales, creator royalties, and our distinctive approach to downvotes, all contributing to the platform's revenue.
Tokenomics: The Backbone of Dredid

With a finite supply of 100,000,000 tokens, Dredid is set up to reward early adopters generously. Our tokenomics model is designed to distribute tokens daily based on platform activity, ensuring that early participants are rewarded for their engagement and contribution.

Stakeholder Incentives

Join us, and you'll not just be a user; you'll be a stakeholder with a say in governance and a share in the revenue. It's more than a platform; it's a community, an economy, a step towards a future where every voice has the power to make a difference.

The Openfund Campaign Launch

We're now launching our pre-seed funding round on Openfund, offering Dredid tokens at an exclusive price for early supporters. This is your chance to be a part of the ground floor of an internet revolution.

We have an exceptional offer for our early supporters: Dredid tokens are available at half price during this pre-seed round.

Here's the deal: We're releasing 2,000,000 tokens at just $100,000 — that's only 5 cents per token.

Looking ahead, in the next funding round, set for three months from now, we'll offer 8,000,000 tokens at a valuation of $800,000, coming to 10 cents per token.

Join us on this journey to create a platform where users can truly own their content and engage in open discussions without fear of censorship.

If you resonate with this vision, if you share our values, we welcome you to join our journey. Discover more and consider supporting Dredid.com on openfund.com/d/dredid

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Join the discussion at dredid.com/d/dredid