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Coinbase-backed SocialFi app Focus raises $75 million in funding in one week

The decentralized SocialFi application Focus supported by Coinbase raised $75 million in one week. Focus is built on the decentralized social (DeSo) blockchain and integrates the advantages of well-known social platforms such as Onlyfans, Patreon, X, and others into one application, with native cryptocurrency monetization functionality without permission and anonymity. It is reported that users can use DESO, BTC, ETH and other currencies for booking and receive 90% FOCUS token rewards within a limited time.