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Social media upstart Mastodon is transitioning into a non-profit organization

Monday January 13, 2025. 12:44 PM , from BetaNews
X and Bluesky rival Mastodon has announced plans to transition into a non-profit organization. The decentralized social network is looking to further differentiate it from the competition, and the latest move “affirm[s] the intent that Mastodon should not be owned or controlled by a single individual”. Precise details of how the change will work are yet to be finalized, but there will be a new, dedicated European not-for-profit entity. See also: In a blog post explaining the changes, the Mastodon Team talks about the roots of the platform. “When founder Eugen Rochko started working on Mastodon, his focus was on… [Continue Reading]
https://betanews.com/2025/01/13/social-media-upstart-mastodon-is-transitioning-into-a-non-profit-org...

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