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Is BitClout the 'Facebook killer' we've been waiting for?

Nader Al-Naji wants to break the stranglehold of existing social media platforms. But with a great deal of wariness surrounding BitClout, can the community take his claims at face value?

CNBC TechCheck's Julia Boorstin chats with BitClout founder and DeSo creator Nader Al-Naji, aka 'Diamondhands' on his long-term plan for the BitClout blockchain and his larger aim to build a decentralized social network.

After the creator of decentralized social media protocol Bitclout, Nader Al-Naji, announced his new project, Decentralized Social (DeSo), its native token, DESO, received a warm welcome in the market today, with traders bidding its price up by nearly a third in the past 24 hours.

Nader Al-Naji, DeSo Creator and BitClout Founder, explains his new blockchain designed to decentralize social media.