Minds (social network): Difference between revisions
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[[observer.com|Observer]], [[barron's (newspaper)|Barron's]], and [[Breitbart News|Breitbart]] discussed the network's dedication to free speech and community-participation.<ref>{{Cite news |url=http://observer.com/2017/05/minds-open-sourced-social-media-facebook-competitor/ |title=Meet Facebook’s New Open-Sourced, Encrypted Competitor, Minds |last=Sainato |first=Michael |date=May 12, 2017 |work=Observer|access-date=April 12, 2018|language=en}}</ref><ref>{{Cite news |url=https://www.barrons.com/articles/facebook-haters-going-to-hate-but-what-will-investors-do-1518467284 |title=Facebook Haters Going to Hate – but What Will Investors Do? |last=Swartz |first=Jon |date=February 12, 2018 |work=Barron's|access-date=April 12, 2018|language=en}}</ref> |
[[observer.com|Observer]], [[barron's (newspaper)|Barron's]], and [[Breitbart News|Breitbart]] discussed the network's dedication to free speech and community-participation.<ref>{{Cite news |url=http://observer.com/2017/05/minds-open-sourced-social-media-facebook-competitor/ |title=Meet Facebook’s New Open-Sourced, Encrypted Competitor, Minds |last=Sainato |first=Michael |date=May 12, 2017 |work=Observer|access-date=April 12, 2018|language=en}}</ref><ref>{{Cite news |url=https://www.barrons.com/articles/facebook-haters-going-to-hate-but-what-will-investors-do-1518467284 |title=Facebook Haters Going to Hate – but What Will Investors Do? |last=Swartz |first=Jon |date=February 12, 2018 |work=Barron's|access-date=April 12, 2018|language=en}}</ref> |
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The social network has attracted criticism for purportedly being a "haven" for neo-Nazis and [[far-right]] groups and individuals.<ref name=VICE>{{cite news| url=https://www.vice.com/en_ca/article/wjvp8y/minds-the-anti-facebook-has-no-idea-what-to-do-about-all-the-neo-nazis| title=Minds, the 'Anti-Facebook,' Has No Idea What to Do About All the Neo-Nazis| date=May 28, 2019| first1=Ben| last1=Makuch| first2=Jordan| last2=Pearson| work=Vice}}</ref><ref>{{cite web| url=https://www.engadget.com/2018/04/20/minds-anti-facebook-crypto-social-network-extreme-content/| title=I believe in free speech, but Minds makes me queasy| date=April 20, 2018| last=Cooper| first=Daniel| website=Engadget}}</ref> In response to the allegations, the site banned several accounts associated with [[ |
The social network has attracted criticism for purportedly being a "haven" for neo-Nazis and [[far-right]] groups and individuals.<ref name=VICE>{{cite news| url=https://www.vice.com/en_ca/article/wjvp8y/minds-the-anti-facebook-has-no-idea-what-to-do-about-all-the-neo-nazis| title=Minds, the 'Anti-Facebook,' Has No Idea What to Do About All the Neo-Nazis| date=May 28, 2019| first1=Ben| last1=Makuch| first2=Jordan| last2=Pearson| work=Vice}}</ref><ref>{{cite web| url=https://www.engadget.com/2018/04/20/minds-anti-facebook-crypto-social-network-extreme-content/| title=I believe in free speech, but Minds makes me queasy| date=April 20, 2018| last=Cooper| first=Daniel| website=Engadget}}</ref> In response to the allegations, the site banned several accounts associated with [[neo-Nazism]].<ref name=VICE /> |
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== References == |
== References == |
Revision as of 04:22, 23 October 2019
Type of business | Private |
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Type of site | Social network service |
Headquarters | Wilton, Connecticut, US[1] |
Key people | Bill Ottman, Founder & CEO John Ottman, Co-Founder & Chairman Mark Harding, Co-Founder & CTO |
Industry | Internet |
Employees | 11–50 |
Registration | Required to post, follow, or be followed; Anonymous registration allowed |
Users | 1.25+ million registered (August 2018, claimed)[2] 105,000 (active, March 2018)[3] |
Launched | June 2015 |
Stable release | |
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Operating system | iOS, Android |
Website | www |
Minds is an open source social media and social networking service company that rewards users for their contributions. Founded by Bill Ottman and John Ottman[5] in 2011, it is a distributed social networking service that rewards contributors with tokens on the Ethereum blockchain.[6]
Minds describes itself as a "Crypto Social Network" that upholds internet freedom.[7]
History
Minds was co-founded in 2011 by Bill Ottman and John Ottman as an alternative to social networks such as Facebook, who they believe abuse digital rights.[3] Other cofounders were Mark Harding, Ian Crossland, and Jack Ottman.
Minds launched to the public in June 2015.[8]
In June 2017, the company raised over $1 million in an equity-crowdfunded sale.[9]
In October 2018, Minds raised $6 million in Series A funding from Medici Ventures, an Overstock.com subsidiary. Patrick M. Byrne, founder and CEO of Overstock.com, will join Minds’ board of directors.[10]
Features
Users can use tokens to advertise their content across the social network. Minds states that the boost system is designed to be "anti-surveillance" and has "organic reach". The price of one-thousand views is the price of one token on the network.[11]
Minds offers a premium subscription for 5 tokens per month that gives users access to exclusive content, the ability to become verified, and to "banish all the boosted posts" from their feed.[12]
Reception
Minds has been featured by Business Insider and VentureBeat, claiming to provide more "organic" results than Facebook.[13]
When the network launched its Alpha mobile applications in 2015, the group Anonymous showed initial support for privacy features.[14][15] Engadget has since expressed concern that other fringe groups could undermine the platform's ability to deliver accurate and curated content.[16]
Observer, Barron's, and Breitbart discussed the network's dedication to free speech and community-participation.[17][18]
The social network has attracted criticism for purportedly being a "haven" for neo-Nazis and far-right groups and individuals.[19][20] In response to the allegations, the site banned several accounts associated with neo-Nazism.[19]
References
- ^ "Company Overview of Minds, Inc". www.bloomberg.com. Retrieved January 29, 2019.
- ^ "Overview-6thAugust2018.pdf" (PDF). Archived from the original (PDF) on August 11, 2018.
- ^ a b "Minds aims to decentralize the social network". TechCrunch. Retrieved January 31, 2019.
- ^ "Minds.com Site Info". Alexa Internet. Retrieved August 21, 2017.
- ^ "MINDS". Crunchbase. Retrieved September 24, 2019.
{{cite web}}
: CS1 maint: url-status (link) - ^ Brown, Eileen (July 5, 2018). "Facebook competitor promises blockchain currency for social content creators". ZDNet. Retrieved July 11, 2018.
- ^ Cooper, Daniel (April 20, 2018). "I believe in free speech, but Minds makes me queasy". Engadget. Archived from the original on April 20, 2018. Retrieved January 29, 2019.
- ^ "Anonymous is building a site to kill Facebook". The Independent. June 17, 2015. Retrieved December 22, 2018.
- ^ Lang, Melissa (July 17, 2017). "Done with Facebook, Twitter? User-owned social networks hear you". SF Chronicle. Retrieved April 12, 2018.
- ^ Biggs, John (October 27, 2018). "Minds, the blockchain-based social network, grabs a $6M Series A". TechCrunch. Retrieved November 17, 2018.
- ^ Sainato, Michael (May 12, 2017). "Meet Facebook's New Open-Sourced, Encrypted Competitor, Minds". Retrieved May 31, 2019.
- ^ Matsakis, Louise (April 19, 2018). "Minds is the anti-Facebook that Pays Users for Their Time". Retrieved May 31, 2019.
- ^ Levine, Barry (June 15, 2015). "A social network called Minds has an answer to Facebook's strangling of organic posts". VentureBeat. Retrieved April 12, 2018.
- ^ Guthrie Weissman, Cale (June 15, 2015). "Anonymous is supporting a new privacy-focused social network that takes aim at Facebook's shady practices". Business Insider. Retrieved April 12, 2018.
- ^ Griffin, Andrew (June 15, 2015). "Super-private social network launched to take on Facebook with support of Anonymous". Independent. Retrieved April 12, 2018.
- ^ "I believe in free speech, but Minds makes me queasy". Engadget. Retrieved August 28, 2018.
- ^ Sainato, Michael (May 12, 2017). "Meet Facebook's New Open-Sourced, Encrypted Competitor, Minds". Observer. Retrieved April 12, 2018.
- ^ Swartz, Jon (February 12, 2018). "Facebook Haters Going to Hate – but What Will Investors Do?". Barron's. Retrieved April 12, 2018.
- ^ a b Makuch, Ben; Pearson, Jordan (May 28, 2019). "Minds, the 'Anti-Facebook,' Has No Idea What to Do About All the Neo-Nazis". Vice.
- ^ Cooper, Daniel (April 20, 2018). "I believe in free speech, but Minds makes me queasy". Engadget.