Social network Minds pours 25% of balance sheet into crypto
BUSINESS · TECH
September 16, 20213 min read627 words

Social network Minds pours 25% of balance sheet into cryptoSocial network Minds pours 25% of balance sheet into crypto

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Published: September 16, 2021  |  3 min read627 words
Crypto-focused social network Minds is a decentralized alternative to Facebook—one that lets its roughly 5 million users, including content creators and advertisers, promote their posts and transact by paying with digital tokens. Now the startup is putting its money where its mi...
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Credible
Dec 10
This article provides a pretty good overview of both the greater trend of companies converting some portion of their balance sheet into crypto, as well as a breakdown of exactly what Minds has bought with their newest balance sheet move. It reads a bit like a press release at first, but then the author concludes the piece with some sharp words about how Minds' committment to free speech on the platform has allegedly led to a high amount of hate speech.
Dec 10
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