# DeSo Foundation

> DeSo Foundation is a VC fund in Los Altos backing Blockchain and Social Media. See 4 investments, round sizes, portfolio and contact details. Updated Oct 2026.

- Type: VC Fund
- Location: Los Altos, United States
- Total investments: 4
- Last investment: Mar 2023
- Lead investor: 75%
- Last updated: Oct 2026
- LinkedIn: https://www.linkedin.com/company/desoprotocol/
- X (Twitter): https://twitter.com/desoprotocol
- Website: http://deso.org

DeSo Foundation is a VC fund in Los Altos focused on Blockchain and Social Media. 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 wayBitcoin 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, DAODAO, Pearl, OpenProsper, NFTz, and Entre, now possible exclusively on DeSo.Today, social media is even more centralized than the financial industry was prior to the creation of Bitcoin. A handful of private entities effectively control public discourse, and earn monopoly profits off of content that they don't even create. Society’s answer to financial centralization was not to put Warren Buffett in charge of money, it was to use technology, namely Bitcoin, so we could have nobody in charge.We believe the same type of technology will cause this conclusion to ultimately play out in social. DeSo’s advantages make it capable of breaking this status quo for the first time, and bringing competition and innovation back to social in much the same way Bitcoin and Ethereum have done for our financial system. Moreover, if DeSo succeeds, we will no longer need individual "dictators" to set a homogenous moderation policy for hundreds of millions of people.

## Contacts

5 contacts available for DeSo Foundation. Shizune tracks 1 team members at DeSo Foundation. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/deso-foundation?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 2 | 50% |
| Social Media | 2 | 50% |
| Cryptocurrency | 2 | 50% |
| Web3 | 1 | 25% |
| Ethereum | 1 | 25% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Pre-Seed | 2 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Nader Al-Naji | Founder | 5 | https://shizune.co/investors/profile/nader-al-naji |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Entre | Entre, a technology and software company, is the hub for Entrepreneurs. Helping entrepreneurs and innovators of all types from around the world to easily connect, learn, and build in one place. | $1.6M | Seed | Mar 14, 2023 | https://joinentre.com |
| Altumbase | Altumbase is created to provide analytics and statistics for the Decentralised Social platforms. |  | Pre-Seed | Jan 18, 2022 | https://altumbase.com |
| OpenProsper | Open Prosper turns large volumes of data into simple, actionable insights, and helps businesses grow in the digital era. |  | Seed | Dec 22, 2021 | https://www.openprosper.com |
| NFTz | NFTz.me is an NFT marketplace and community that aims to pave the way to seamlessly blend NFTs with Web3 services.With highly customizable no-code creator options, integration with real-time insights, and a mechanism for enabling social interactions within the NFT space, NFTz is a platform built for the future.Our objective is to make minting,collecting, trading, presenting and interacting with NFTs in both the traditional digital world and the metaverse as simple, as social, as safe, and as easy as can be. | $500K | Pre-Seed | Sep 03, 2021 | http://nftz.me |

4 of 4 investments shown.

## Co-investors
- [CreatorLed Ventures](https://shizune.co/investors/profile/creator-led-ventures) — VC Fund, 1 deal together
- [Kube VC](https://shizune.co/investors/profile/kube-vc) — VC Fund, 1 deal together
- [Service Provider Capital](https://shizune.co/investors/profile/service-provider-capital) — VC Fund, 1 deal together
- [Umami Capital](https://shizune.co/investors/profile/umami-capital) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund

## FAQ

### What does DeSo Foundation invest in?

DeSo Foundation invests primarily in Blockchain, Social Media and Cryptocurrency startups, most often at Seed and Pre-Seed stage. Most of the 4 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact DeSo Foundation?

Public channels for DeSo Foundation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at DeSo Foundation?

The team at DeSo Foundation includes Nader Al-Naji (Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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