He decided to build a social network that put users’ privacy, visibility, and content at the forefront. One where users weren’t simply sold to advertisers, but instead had the ability to build a following based on the quality of their posts, not their paycheck. A truly democratized platform where users were rewarded for their time posting, engaging, and building connections.

Unlike other social networks, users on Minds earn points for using the platform, points they can exchange for impressions on their posts. The result? The more you use Minds, the greater reach you have on the platform.​ Now, With a new, sleek app, Minds is making waves on mobile.

Time will tell whether Minds can generate the traction needed to develop as large a user base as its goliath competitors, but considering they’ve spread to over 1 million users on their beta, with a $0 marketing budget, and that they’ve just completed a successful equity crowdfunding round of $1,070,000 that allows its users to own part of the company, it seems that Bill Ottman wasn’t the only person frustrated with the internet powers that be.​

MINDS

A Social Network For The People

Bill Ottman was frustrated. Frustrated because the internet powers that be were spying on his every move online. Frustrated because he built several successful media companies, each with millions of followers, only to have Facebook tweak their algorithm to force him to pay to reach his own fans. Frustrated because the social media giants cared more about their advertisers than their users. That’s when he decided to build something better.

Ottman seeks to replicate all the technologically successful aspects of Facebook, including the newsfeed, profiles, and chat, but with an emphasis on users.

 

Chat messages are encrypted, the newsfeed is user-curated, and a popular Minds profile can earn you, not the platform, money.

 

What's more, Minds is open-source, meaning that its code is completely transparent to users and developers alike.

Time will tell whether Minds can generate the traction needed to develop as large a user base as its goliath competitors, but considering they’ve spread to over 1 million users on their beta, with a $0 marketing budget, and that they’ve just completed a successful equity crowdfunding round of $1,070,000 that allows its users to own part of the company, it seems that Bill Ottman wasn’t the only person frustrated with the internet powers that be.​

He built Minds.com: an open-sourced social network lauded by Anonymous and hacktivists everywhere for its focus on transparency, privacy, and user reach.​

MINDS

A Social Network Built For The People

The Lessons of Theranos

Steve Jobs. Mark Zuckerberg. Elizabeth Holmes. Extremely similar people at first glance: all dropped out of prestigious colleges in order to make their new-founded idea, be it a social media platform or a technological innovation, a reality that would ultimately change the human condition.

Difference? Elizabeth Holmes’ initiative was an absolute fraud.

Airbnb & Turo: Redefining the Business Meeting

It has been a long busy and otherwise grueling last five days at the office, complete with a manic Monday, tumultuous Tuesday and Thursday, wacky Wednesday, and a freaky Friday, and you’re thankful that the weekend and the end of the workweek are finally within sight. But still, an incalculable number of projects and other tedious tasks lie just ahead before the week finally comes to an end

Three Ed-Tech Companies Paving the Way for the Future of Education

It is an interesting and fascinating fact that our society often calls upon our collegiate students to come up with innovative, creative, and practical viable solutions to everyday problems; inspiring them to dare to think differently, or outside of the box, when the harsh reality creates for a sort of paradoxical situation where the very institution or educational system in and of itself has for the most part remained unchanged throughout the years.

Why A Social Media Presence Is Crucial For Your Startup



It was February 2004 in Cambridge, Massachusetts when Mark Zuckerberg and a handful of Harvard collegiate students founded the social media conglomerate that is Facebook, under the visionary premise to make the world a more open and connected place.

Cryzen: Algorithmic Trading Gets Democratized

Managing cryptocurrency market trades doesn’t have to be cryptic - or time consuming. The team at Cryzen is on the fast track to integrating machine learning and custom algorithms to investors of the cryptocurrency market, all while hosting a XEN token bounty program that supports learning coding.

...
...

Minds:

 A Social Network for the People

Bill Ottman was frustrated. Frustrated because the internet powers that be were spying on his every move online. Frustrated because he built several successful media companies, each with millions of followers, only to have Facebook tweak their algorithm to force him to pay to reach his own fans. Frustrated because the social media giants cared more about their advertisers than their users. That’s when he decided to build something better.