|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||4.4k (Aug 2017[update])|
|Registration||Required to post, follow, or be followed; Anonymous registration allowed|
|Users||1.25+ million registered (August 2018)|
105,000 (active, March 2018)
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. 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 describes itself as a "Crypto Social Network" that upholds "internet freedom".
Minds was co-founded in 2011 by Bill Ottman and Mark Harding as an alternative to social networks such as Facebook, who they believe abuse digital rights. It was also co-founded by John Ottman, Ian Crossland, and Jack Ottman.
Minds launched to the public in June 2015.
In October 2018, Minds raised $6 million in Series A funding from Medici Ventures, which is an Overstock.com subsidiary. Patrick M. Byrne, founder and CEO of Overstock.com, will join Minds’ board of directors.
When the network launched its Alpha mobile applications in 2015, the global decentralized hacktivist collective Anonymous showed initial support for privacy features. Some have since expressed concern that other fringe groups could undermine the platform's ability to deliver accurate and curated content.
A 30-year old Carbon County Lehighton, Pennsylvania neo-Nazi named Corbin Kauffman was arrested by the FBI for making threats of violence towards African-Americans, Jews and Muslims. Kauffman was a user of Minds.com under the alias "KingShekels" and posted antisemitic, anti-black, racist and Islamophobic comments including the desire to commit genocide and violence against certain groups such as "Murder your Local Juden" in hand-paint and an image of an AR-15 gun directed towards Jewish worshippers as well as vandalizing Chabad Jewish Center in Maryland including usage of the Nazi swastika, a cartoonish depiction of a Jew and an image of Adolf Hitler. Kauffman also praised the Christchurch mosque shootings in Christchurch, New Zealand and its perpetrator Australia-born Brenton Harrison Tarrant with his Twitter account "Warlord_shekels" having an image of one of his guns he used for the shootings.
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