|Type of business||Private|
Type of site
|Social network service|
|Headquarters||Wilton, Connecticut, US|
|Key people||Bill Ottman, Founder & CEO|
John Ottman, Co-Founder & Chairman
Mark Harding, Co-Founder & CTO
|Alexa rank||9,396 (Jul 2019[update])|
|Registration||Required to post, follow, or be followed; Anonymous registration allowed|
|Users||1.25+ million registered (August 2018, claimed)|
105,000 (active, March 2018)
|Operating system||iOS, Android|
Minds is a free and open source distributed social networking service that uses the blockchain to reward the community with ERC20 tokens. Users can use their tokens to promote their content or to crowdfund other users through monthly subscriptions to their 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.
Minds describes itself as a "Crypto Social Network" that upholds internet freedom.
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. Other cofounders were Mark Harding, Ian Crossland, and Jack Ottman.
Minds launched to the public in June 2015.
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 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.
Minds has drawn comparison to platforms such as Facebook with regards to functionality. Users earn 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.
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.
Frameworks utilized in the platform include Apache Cassandra, React Native, AngularJS, PHP, Nginx, Elasticsearch, Ethereum, OpenZeppelin, Truffle, GPLV3, NativeScript, MetaMask, Redis, MongoDB, DroneCI, RabbitMQ, ZeroMQ, Vagrant, Docker, NodeJS, Gulp, Typescript, OpenSSL, Socket.io and NPM.
When the network launched its Alpha mobile applications in 2015, the group Anonymous showed initial support for privacy features. Engadget has since expressed concern that other fringe groups could undermine the platform's ability to deliver accurate and curated content.
The social network has attracted criticism for purportedly being a "haven" for neo-Nazis and far-right groups and individuals. In response to the allegations, the site banned several accounts associated with neo-Nazism.
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