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Solo Ceesay, CEO and co-founder of web3 social media app Calaxy, explains the importance of decentralized social media for content creators. Solo goes in depth on how Calaxy enables this by allowing content creators to make their own worlds to engage with fans directly. Solo highlights the growing need for decentralization with the recent ban of TikTok and other social media apps. Solo also touches on meme coins and the NFT market. This is a great episode for both beginners and advanced listeners. This week's guest(s): Solo Ceesay is CEO and Co-Founder at Calaxy. Before co-founding Calaxy with his business partner, NBA star Spencer Dinwiddie (Dallas Mavericks, LA Lakers, Brooklyn Nets), Solo held the position of Securitization Investment Banker at Citi after graduating from the Wharton School of Business. As a 30-year-old tech founder, Solo has successfully spearheaded over $33.5 million in private funding for Calaxy. He was named one of Variety’s Hollywood’s New Leaders of 2022, and has brought his financial expertise to many mainstream audiences including Nasdaq, CNBC, and Cheddar News, and more. Show sponsors & production team: Special thanks to ChainGPT for sponsoring this episode. ChainGPT is a platform that enables blockchain companies to implement AI tools. Learn more at https://www.chaingpt.org/ Special thanks to Quai Network for sponsoring this episode. Quai is a layer-1 network that leverages an energy token to advance the blockchain industry. Learn more at https://qu.ai/ Sign up for the Web3 Deep Dive newsletter: https://substack.com/@web3deepdive?ut... If you are interested in sponsoring upcoming episodes, please reach out [email protected] 🎙️Podcast Info: Web3 Deep Dive is rated as the best 100 web3 podcasts on Feedspot: https://podcast.feedspot.com/web3_pod... Amazon Podcasts: https://music.amazon.com/podcasts/f4d... Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/04DRjy4... IheartRadio: http://bit.ly/3nO7QS4 Show Outline/Highlights 0:00 – W3DD introduction and sponsor thank you 2:30 – Solo’s introduction and background 6:28 – What is Calaxy? 9:26 – The importance of decentralized social media 15:19 – Why Calaxy is focused on Web2 users 18:32 – The importance of user experience for Web3 apps 19:56 – What are “worlds” and what is the Calaxy fund? 26:39 – The meaning of token gated social media 30:23 – The rise of deep fakes and fake social media profiles 32:34 – Thoughts on meme coins and the NFT market 36:32 – Final thoughts Social Links: ⚡️Follow Solo on X: https://x.com/SoloCeesay ⚡️Follow Calaxy on X: https://x.com/CalaxyApp ⚡️Follow ChainGPT on X: https://x.com/Chain_GPT ⚡️Follow Quai Network on X: https://x.com/QuaiNetwork ⚡️Follow Web3 Deep Dive on LinkedIn: https://bit.ly/3UdVrmC ⚡️Follow Web3 Deep Dive on Instagram: https://instagram.com/web3deepdive_po... 👋 Follow Rachel on social media: X: / rachelwolf00 Instagram: / rachelswolfson LinkedIn: / rachwolf Show production team: 🙌 Show Production: Produced by 4LabsDigital Music: Lundstroem! (email me: [email protected]) 💡 OTHER RESOURCES: Rachel's Website: https://www.rachelwolfson.me/ Rachel's Cointelegraph Column: https://cointelegraph.com/authors/rac... Rachel’s Cryptonews Column: https://cryptonews.com/editors/rachel... Rachel's Bitcoin E-Book: https://www.amazon.com/dp/B08WLHXRS3 Rachel's Linktree: https://linktr.ee/rachelswolfson Quai Network Linktree: https://linktr.ee/quainetwork Best Web3 Podcast on Feedspot: https://podcast.feedspot.com/web3_pod... DISCLAIMER This show is for entertainment purposes only and does not provide financial advice. Before making any decisions consult a professional.