More from Yotivationnation

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Let's check this out... "Minds, the crypto social network with a focus on encryption and privacy, has raised $10 million from the tech freedom organization Futo. Owned by Yahoo Games founder and WhatsApp seed investor Eron Wolf, Futo is dedicated to tech and policies that give the control of computers back to the people. While other social networks mine your data for ad purposes, Minds targets user privacy, and it is based on open source technology. New York-based Minds is a crypto social network with an instant messaging chat app that lets people communicate with each other in real time. It has grown to more than 14 million since it received a funding round in October 2018. “We have been fully focused on building an open-source encrypted, decentralized alternative to mainstream social networks. It’s always been shocking to me that none of them are open source,” Minds CEO and founder Bill Ottman said. “And it seems like there’s a pattern emerging with the lack of transparency and surveillance and abuse of users freedoms. So from the beginning, I always considered it inevitability that an open-source, decentralized social network was going to emerge, similar to how open source dominated operating systems with Linux.” He added, “Based on everything we’re seeing in crypto, even if you look at Mozilla, open source will eat software in the same way that software is eating everything. And so I thought we might as well do it. I mean, if something is going to happen, I’m going to try to make it happen.” https://venturebeat.com/2021/06/17/minds-raises-10m-for-decentralized-and-encrypted-social-network-and-messaging-app/
121 views ·

More from Yotivationnation

147 views ·
93 views ·
Let's check this out... "Minds, the crypto social network with a focus on encryption and privacy, has raised $10 million from the tech freedom organization Futo. Owned by Yahoo Games founder and WhatsApp seed investor Eron Wolf, Futo is dedicated to tech and policies that give the control of computers back to the people. While other social networks mine your data for ad purposes, Minds targets user privacy, and it is based on open source technology. New York-based Minds is a crypto social network with an instant messaging chat app that lets people communicate with each other in real time. It has grown to more than 14 million since it received a funding round in October 2018. “We have been fully focused on building an open-source encrypted, decentralized alternative to mainstream social networks. It’s always been shocking to me that none of them are open source,” Minds CEO and founder Bill Ottman said. “And it seems like there’s a pattern emerging with the lack of transparency and surveillance and abuse of users freedoms. So from the beginning, I always considered it inevitability that an open-source, decentralized social network was going to emerge, similar to how open source dominated operating systems with Linux.” He added, “Based on everything we’re seeing in crypto, even if you look at Mozilla, open source will eat software in the same way that software is eating everything. And so I thought we might as well do it. I mean, if something is going to happen, I’m going to try to make it happen.” https://venturebeat.com/2021/06/17/minds-raises-10m-for-decentralized-and-encrypted-social-network-and-messaging-app/
121 views ·