|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+ million registered (April 2018)|
Minds is an open source and distributed social networking service, integrating the blockchain to reward the community with ERC20 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.
Minds has drawn comparison to platforms such as Facebook with regards to functionality. Users earn Minds tokens each day based on their contributions to the network relative to the community. Contribution is measured through an algorithm built around unique engagement, user attention, channel growth, referrals, bug fixes, development and more.
At the end of each day, a user’s contribution score determines their individual share of the daily reward pool of tokens. These tokens can then be exchanged across the network for more views on content, or sent directly to other channels as a tip or to subscribe to exclusive content and services.
Features include newsfeed, video, images, blogs, groups, search, encrypted messenger, crypto wallets, exclusive content paywalls, promoted posts, tipping, and a token reward system. Minds maintains cross-platform functionality with both web and mobile apps.
Frameworks utilized in the platform include Apache Cassandra, React Native, AngularJS, PHP, Nginx, Elasticsearch, Ethereum, OpenZeppelin, Truffle, GPLV3, NativeScript, MetaMask Ubuntu Server, Redis, MongoDB, DroneCI, RabbitMQ, ZeroMQ, NGINX, GNU/Linux, Vagrant, Docker, NodeJS, Gulp, Typescript, OpenSSL, Socket.io and NPM.
In the Media
- "Minds.com Site Info". Alexa Internet. Retrieved August 21, 2017.
- Carlson, Tucker (February 21, 2018). "Social media network CEO: How Google censors my company". FOX News. Retrieved April 12, 2018.
- Lang, Melissa (July 17, 2017). "Done with Facebook, Twitter? User-owned social networks hear you". SF Chronicle. Retrieved April 12, 2018.
- Nash, Charlie (April 11, 2018). "Exclusive: Alternative social networks respond to Mark Zuckerberg hearings". Breitbart. Retrieved April 12, 2018.
- Guerrini, Federico (June 15, 2015). "Struggling With Facebook Organic Reach Decline? Try This New Open Source Social Networking App". Forbes. Retrieved April 12, 2018.
- 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.
- 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.
- Nash, Charlie (October 17, 2017). "Minds social network founder discusses the decline of big tech". Breitbart. Retrieved April 12, 2018.
- Smart, Evander (June 22, 2015). "Welcome to Minds: Like Facebook But without the Snooping". CoinTelegraph. Retrieved April 12, 2018.
- Madore, P.H. (October 19, 2017). "Minds.Com Founder Bill Ottman On Minds Wire". Crypto Briefing. Retrieved April 12, 2018.
- Madore, P.H. (July 19, 2015). "Minds.com Redefines Social Capital". Hacked. Retrieved April 12, 2018.