Mastodon, the open-source, decentralized social network, has seen significant growth in 2022 amid the chaos surrounding Twitter. According to Mastodon’s annual report, the company has seen a 488% increase in donations, totaling €325.9K, or roughly $341,985 in U.S. dollars. Additionally, Mastodon has reached 1.8 million monthly active users, a significant increase from the 560 donors it had at year-end 2021.
Mastodon’s growth is a sign that people are looking for alternatives to centralized social media platforms. Mastodon is decentralized, meaning that it is not controlled by any one company or individual. This makes it more resistant to censorship and interference. Mastodon is also open source, meaning that anyone can contribute to its development.
Mastodon is still a relatively new platform, but it is growing rapidly. In 2023, Mastodon plans to set up a U.S. nonprofit branch. This will make it eligible for larger grants and allow donors to make tax-deductible donations. Mastodon also plans to continue working on making the platform more user-friendly.
Mastodon’s growth is a testament to the increasing consumer interest in open-source, decentralized social networking. Unlike investor-backed startups, Mastodon operates as a nonprofit supported by user donations, primarily from Patreon.
Mastodon’s growth is a testament to the increasing consumer interest in open-source, decentralized social networking. Unlike investor-backed startups, Mastodon operates as a nonprofit supported by user donations, primarily from Patreon. The significant increase in donations and monthly active users shows that Mastodon is a viable alternative to Twitter and other social networks. With its commitment to open-source and decentralization, Mastodon is poised to continue its growth and become a major player in the social networking space.