Company:Minds

From HandWiki
Minds
Minds logo.svg
Type of businessPrivate
Type of site
Social network service
HeadquartersWilton, Connecticut
Key peopleBill Ottman, Founder & CEO
John Ottman, Co-Founder & Chairman
Mark Harding, Co-Founder & CTO
IndustryInternet
Employees11-50
Websitewww.minds.com
Alexa rankIncrease 4.4k ((As of August 2017))[1]
RegistrationRequired to post, follow, or be followed; Anonymous registration allowed
Users1.25+ million registered (August 2018)[2][3][4]
Launched2015

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.[5] 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.[6]

History

Minds was founded in February 2011 by Bill Ottman as an alternative to top global networks abusing digital rights. It was co-founded by John Ottman, Mark Harding, Ian Crossland, and Jack Ottman.

In June 2017, the company raised over $1 million in the fastest equity-crowdfunded sale of all time.[7]

In March 2018, Minds exited Beta and launched a white paper and testnet for its new native mobile apps and Ethereum integration.

Technology

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

Minds has been featured by Forbes , Business Insider and VentureBeat for its tools to combat the decline of organic reach through algorithm changes on Facebook, Google, and other major sites.[8][9]

When the network launched its Alpha mobile applications in 2015, the global decentralized hacktivist collective Anonymous showed initial support for privacy features.[10][11] Some have since expressed concern that other fringe groups could undermine the platform's ability to deliver accurate and curated content.[12]

The Observer, Barron’s, and Breitbart discussed the network’s dedication to free speech and community-participation.[13][14]

Cointelegraph, Cryptobriefing, Bitcoin Magazine and Hacked have covered Minds for its digital currency ecosystem.[15][16][17]

On June 5, 2018 CBS Interactive, ZDNet's published an article about Minds, with focus on Minds blockchain integration.[5]

See also


References

  1. ↑ "Minds.com Site Info". Alexa Internet. http://www.alexa.com/siteinfo/minds.com. Retrieved August 21, 2017. 
  2. ↑ https://cdn-assets.minds.com/front/dist/assets/documents/Overview-6thAugust2018.pdf
  3. ↑ Brown, Eileen. "Facebook competitor promises blockchain currency for social content creators - ZDNet". https://www.zdnet.com/article/facebook-competitor-promises-blockchain-currency-for-social-content-creators/. 
  4. ↑ https://cdn-assets.minds.com/front/dist/assets/whitepapers/03_27_18_Minds%20Whitepaper%20V0.1.pdf
  5. ↑ 5.0 5.1 Brown, Eileen (2018-07-05). "Facebook competitor promises blockchain currency for social content creators" (in en). ZDNet. https://www.zdnet.com/article/facebook-competitor-promises-blockchain-currency-for-social-content-creators/. 
  6. ↑ Carlson, Tucker (February 21, 2018). "Social media network CEO: How Google censors my company" (in en). FOX News. http://video.foxnews.com/v/5738232786001/?#sp=show-clips. 
  7. ↑ Lang, Melissa (July 17, 2017). "Done with Facebook, Twitter? User-owned social networks hear you" (in en). SF Chronicle. https://www.sfchronicle.com/business/article/Done-with-Facebook-Twitter-User-owned-social-11226613.php. 
  8. ↑ Guerrini, Federico (June 15, 2015). "Struggling With Facebook Organic Reach Decline? Try This New Open Source Social Networking App" (in en). Forbes. https://www.forbes.com/sites/federicoguerrini/2015/06/15/struggling-with-facebook-organic-reach-decline-try-this-new-open-source-social-networking-app/2/#28aa8f3a2a95. 
  9. ↑ Levine, Barry (June 15, 2015). "A social network called Minds has an answer to Facebook’s strangling of organic posts" (in en). VentureBeat. https://venturebeat.com/2015/06/15/a-social-network-called-minds-has-an-answer-to-facebooks-strangling-of-organic-posts/. 
  10. ↑ Guthrie Weissman, Cale (June 15, 2015). "Anonymous is supporting a new privacy-focused social network that takes aim at Facebook's shady practices" (in en). Business Insider. http://www.businessinsider.com/facebook-competitor-mindscom-launches-with-help-from-anonymous-2015-6. 
  11. ↑ Griffin, Andrew (June 15, 2015). "Super-private social network launched to take on Facebook with support of Anonymous" (in en). Independent. https://www.independent.co.uk/life-style/gadgets-and-tech/news/super-private-social-network-launched-to-take-on-facebook-with-support-of-anonymous-10325307.html. 
  12. ↑ "I believe in free speech, but Minds makes me queasy" (in en-US). Engadget. https://www.engadget.com/2018/04/20/minds-anti-facebook-crypto-social-network-extreme-content/. 
  13. ↑ Sainato, Michael (May 12, 2017). "Meet Facebook’s New Open-Sourced, Encrypted Competitor, Minds" (in en). Observer. http://observer.com/2017/05/minds-open-sourced-social-media-facebook-competitor/. 
  14. ↑ Swartz, Jon (February 12, 2018). "Facebook Haters Going to Hate – but What Will Investors Do?" (in en). Barron's. https://www.barrons.com/articles/facebook-haters-going-to-hate-but-what-will-investors-do-1518467284. 
  15. ↑ Smart, Evander (June 22, 2015). "Welcome to Minds: Like Facebook But without the Snooping" (in en). CoinTelegraph. https://cointelegraph.com/news/welcome-to-minds-like-facebook-but-without-the-snooping. 
  16. ↑ Madore, P.H. (October 19, 2017). "Minds.Com Founder Bill Ottman On Minds Wire" (in en). Crypto Briefing. https://cryptobriefing.com/minds-founder-bill-ottman-minds-wire/. 
  17. ↑ Madore, P.H. (July 19, 2015). "Minds.com Redefines Social Capital" (in en). Hacked. https://hacked.com/minds-redefines-social-capital/. 

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