• fxomtM
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    56 hours ago

    Indeed, but funded by VC which makes me uneasy about its future.

    • @[email protected]
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      46 hours ago

      Huh, I missed that. From the announcement:

      Also, funding the work to transition the protocols to non-profit governance model would not have been possible without the donations we received from the users.

      Our pledge to our users is that SimpleX protocols are and will remain open, and in public domain, so anybody can build the future implementations of the clients and the servers. We are building SimpleX platform based on the same principles as email and web, but much more private and secure.

      If they stay true to that, they’re probably planning on building for-profit apps on top, while keeping the foundation free.

      That sounds reasonable to me. Hopefully that happens.

      • fxomtM
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        34 hours ago

        Fair. I’ll still be on watch, since venture capitalists are scum. Hopefully donations will eventually become stable enough for a revenue stream for them.

        • @[email protected]
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          14 hours ago

          My concern is that they’d demand not just profit, but growth. But I wonder if they’d be able to go on by charging for commercial use - hosting servers, tech support, etc