Facebook Alternate: Anti-Facebook crypto network 'Minds' bets big

New Delhi: As millions of Indian users scout for new social media platforms in the wake of the ban on 59 Chinese apps and growing privacy and security concerns on the US ones, an open-source and decentralised platform Minds which is often touted as an antithesis to Facebook and Twitter, is now aiming big to fill the void in the country.

The platform which describes itself as a "crypto social network" that upholds internet freedom is a refreshing change for its commitment to privacy, decentralisation, transparency and free speech. It uses Blockchain technology and pays its users in "tokens" based on interactions and time spent on the service. The users can also receive direct payments in US dollars, Bitcoin and Ether from fans or upgrade accounts to launch their own websites and get paid for the traffic they drive.

According to American Internet entrepreneur-activist Bill Ottman who launched the app in 2018, the ban on Chinese apps over the national security concerns was a right move.

"Minds plans to try and fill the void (in India) by marketing the core principles of Internet freedom that has already attracted people all over the world who are concerned about privacy practices on social networks," Ottman, Founder and CEO at Minds. told IANS in an interview. Last month, Minds saw over 250,000 new users join the platform from Thailand due to privacy policy concerns on Twitter. (IANS)

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