Mastodon rejects more than five investment offers to stay a non-profit

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Founder Eugen Rochko says the site's not-for-profit status is 'untouchable.'

Rochko wrote a blog post concerning the event saying it was a “stark reminder that centralized platforms can impose arbitrary and unfair limits on what you can and can’t say.” He also shared that monthly active users of Mastodon had risen from 300,000 to a whopping 2.5 million between October and November 2022.saw more than a million people join Mastodon taking its total user count at the time to 1.6 million.

Rochko has said that Mastodon has always relied on donations to fund the platform and will continue to do so. It currently boasts more than 8,500 donors on the membership platform Patreon. For now, Mastodon seems to be complementary to Twitter as both platforms boast significant users and Twitter still has the upper hand in this aspect. However, that may not always be the case.

Rochko has said in the past that he hopes Mastodon will one day replace Twitter and other commercial social networks. “It’s a long road ahead but at the same time, it’s bigger than it ever has been,” he has stated. Will Rochko’s ambitions come to life or will Twitter continue to reign supreme in the world of social media?

 

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