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This episode premieres on the day our guest Nader Al-Naji’s “Deso” launches a $50 million fund for a fully decentralized eco system. The Octane Fund will fuel development of early-stage social media projects for the blockchain.
Nader Al-Naji, also known as “DiamondHands” is the creator of Bitclout and the blockchain DeSo. In today’s episode, Nader speaks about his background for the first time on a podcast and how he got into creating a blockchain. From working as an engineer at Google, to discovering Ethereum in 2017, there has been immense amount of influences in Nader’s life, which have helped him create what is known today as the DeSo blockchain. James and Nader, dive deep into the Monopoly of content we see today with online media and the plan with DeSo to ultimately decentralize content. Nader also speaks on the criticisms he received with Bitclout and how his team has made changes to ensure the longevity of DeSo the blockchain. To conclude the Episode, Nader tries to predict the future and the impact you may see on the world if online content becomes decentralized, in his opinion, its a win win for everybody involved.
Find out more about Nader and The DeSo Blockchain:
https://www.deso.org/ (Pie Chart of Ownership referenced 1:08:45)
https://docs.deso.org/
https://twitter.com/nadertheory
James’ Original thoughts on Bitclout:
https://jjbeshara.com/2021/04/19/i-have-seen-the-future-and-its-bitclout/
00:48 Intro
09:10 Feeling of Creativity in Los Angeles
14:48 DeSo
19:47 Monopoly of Content
39:17 Nader’s Background
51:27 Basis
1:08:43 Division of Ownership
1:23:50 Reserving Usernames
1:37:13 The Vision
1:44:41 The Future
Hit the show hotline and leave a question or comment for the show at 424-272-6640, email James questions directly at askbelowtheline@gmail.com or follow us on Twitter @ twitter.com/gobelowtheline
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About your host, James:
James Beshara is a founder, investor, advisor, author, podcaster, and encourager based in Los Angeles, California. James has created startups for the last 12 years, selling one (Tilt, acquired by Airbnb), and invested in a few multi-billion dollar startups to date. He has spoken at places such as Y-Combinator, Harvard Business School, Stanford University, TechCrunch Disrupt, and has been featured in outlets like the New York Times, the Wall Street Journal, Fortune Magazine, and Time Magazine. He’s been featured in Forbes, Time, and Inc Magazine’s “30 Under 30” lists and advises startups all around the world. All of this is his “above the line” version of his background. Hear the other 90% of the story in the intro episode of Below The Line.
“Below the Line with James Beshara” is brought to you by Another Podcast Network.