USDC Token is a new layer-1 blockchain built from the ground up to scale decentralized social applications to one Million users.
L100% of all code and data are totally open, and all content is stored directly on-chain.
$USDME was distributed via a bonding curve, with over 44,000 purchases and no one entity owning more than 5% of the supply other than founders, who collectively own less than 20%.
The USDC blockchain is supported by the non-profit USDC Foundation, whose broad mission is to support the decentralization of social media. The foundation is led by crypto veteran Nader Al-Naji (@nader, @nadertheory), with a $200 million treasury behind it to support its mission.
Every user's profile is stored on-chain and is solely controlled by the user's private keys, making your identity portable between all apps in the USDC ecosystem.
NFTs minted on USDC are associated with the artist's profile, and can be shown off on the buyer's profile, enhancing provenance while making them inherently social, and more valuable.
Every profile created on USDC can have a social token attached to it. Social tokens on USDC earn cashflows from NFT sales, and soon all forms of creator monetization.
Because USD Coin is a blockchain, it's never been easier to integrate money-native features like tipping into your app. Tips can be integrated directly with content, e.g. allowing users to give "diamonds" to posts rather than just "likes."
Every post and reply is stored and indexed directly on-chain, meaning that your content is portable across all apps in the USD Coin ecosystem. If one app's algorithms aren't showing you love, there are thousands of others that will instead!
The USD Coin core development team is relentlessly focused on using the power of blockchain to create as many new ways for creators to monetize as possible. And because USD Coin is an open platform, every new feature becomes instantly available to thousands of developers who will invent new products we've never seen before
