|Type of business||Private|
Type of site
|Social network service|
|Key people||Bill Ottman, Founder & CEO|
John Ottman, Co-Founder & Chairman
Mark Harding, Co-Founder & CTO
|Alexa rank||4.4k (Aug 2017[update])|
|Registration||Required to post, follow, or be followed; Anonymous registration allowed|
|Users||1.25+ million registered (August 2018)|
Minds is an open source and distributed social networking service, integrating the blockchain to reward the community with ERC-20 tokens for various contributions to the network. Users can use their tokens to promote their content or to crowdfund and tip other users by subscribing to them monthly in exchange for exclusive content and services.
Minds has become popular for its commitment to privacy, decentralization, optional anonymity, radical transparency, free speech, and user rewards in contrast to the surveillance, secrecy, censorship, and algorithm manipulation occurring on many proprietary social networks.
In March 2018, Minds exited Beta and launched a white paper and testnet for its new native mobile apps and Ethereum integration.
In October 2018, Minds raised $6 millions in Series A funding from Medici Ventures. Which is an Overstock.com subsidiary. Patrick M. Byrne, founder and CEO of Overstock.com, will join Minds’ board of directors.
Features include news feed, video, images, blogs, groups, search, encrypted messenger, cryptocurrency wallets, exclusive content paywalls, promoted posts, tipping, and a token reward system. Minds maintains cross-platform functionality with both web and mobile apps.
Frameworks, software, programming languages, and other technologies utilized in the platform include Apache Cassandra, React Native, AngularJS, PHP, Nginx, Elasticsearch, Ethereum, OpenZeppelin, Truffle, NativeScript, MetaMask Ubuntu Server, Redis, MongoDB, DroneCI, RabbitMQ, ZeroMQ, Linux, Vagrant, Docker, NodeJS, Gulp, TypeScript, OpenSSL, Socket.io, and NPM.
In the media
When the network launched its Alpha mobile applications in 2015, the global decentralized hacktivist collective Anonymous showed initial support for privacy features. Some have since expressed concern that other fringe groups could undermine the platform's ability to deliver accurate and curated content.
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