The Minds Beta Community has steadily grown and reached nearly one million registered users, and we broke the record for the fastest company in US history to raise $1 million through equity crowdfunding from over 1,500 investors across the globe. We also made major upgrades to the Minds open source platform with Wire, Boost, World Languages, Monetization, Affiliate, Search, Blogs and Groups.
At the same time the issues plaguing mainstream social media have only gotten worse. Between YouTube’s ‘adpocalypse’ and demonetization, Twitter’s censorship purge and Facebook’s reach hitting all-time lows, there has been no shortage of nightmares-come-true from the big tech giants.
Nevertheless, all of this madness only reinforces why free speech, transparency, privacy and Internet freedom continue to gain momentum. The world is awakening to the need for an open source social network built for the people and by the people.
Coming very soon in the first quarter of 2018, we will extend our monetization system with crypto. The Minds Token will run on the distributed blockchain and will be immediately usable throughout the platform with Wire, Boost and our user reward system.
Our commitment is to deliver the best crypto-powered social network in the world, and we are on track to launch in 1Q 2018. Standby in the coming weeks for the release of our white paper which will disclose the full details on how it will all work, when it will launch, and how you can participate.
We need you, the Minds Beta Community, to do the following:
1. Share this blog with all of your friends to spread the word and ramp up demand for the Minds Token.
2. Recruit others to LAUNCH A CHANNEL TODAY to join The Great Migration and receive important updates about our token.
3. Follow announcements from @minds closely over the coming weeks for registration information to take advantage of the Minds Beta Community pre-sale discount.
Once again, thank you for all your fantastic efforts this year. Let’s make 2018 even better.
Bill Ottman, Founder and CEO