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Quick question, do you really think $100k is enough money to build a social network? If so, how much time and people is needed for such task?

P.S. I'm convinced it's not enough money. It will take over a year just to have something working and usable and it will take more than 5 people to do that.

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I built Mastodon alone for a year for like $600/mo until it got popular. Now I'm getting more ($3k/mo from Patreon) but I don't think I'm even anywhere close to hitting $100k. So it's possible :P

Typically yes. You'll need to build a lot of the components of a social network.

With Blockstack most of the heavy-lifting is done for you by the underlying platform (identity, auth, storage -- all three decentralized).

We've seen people build functioning chat apps and alternative to Google docs within few months. See stealthy.im and graphitedocs.com

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