Mastodon rejects funding to preserve nonprofit status

As Twitter implodes under the weight of Elon Musk’s ego, Mastodon has grown significantly, making it very attractive to investors, who no doubt would pump tonnes of cash into the fediverse, and seek to centralise the decentralised. We should all tip our hats to Eugen Rochko the German software developer, who is the sole shareholder of Mastodon, for refusing the money, and keeping Mastodon open source.

Ars Technica
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