BIG NEWS: Pawoo.net, the world's 2nd biggest Mastodon instance, has just been acquired.
The entity acquiring them is the Mask Group, a business that also runs mstdn.jp and mastodon.cloud. They are also active in the so-called "Web 3.0" space.
If you haven't heard of pawoo.net, it's because many instances have de-federated from it.
https://finance.yahoo.com/news/mask-network-acquires-pawoo-net-070000858.html
The entity acquiring them is the Mask Group, a business that also runs mstdn.jp and mastodon.cloud. They are also active in the so-called "Web 3.0" space.
If you haven't heard of pawoo.net, it's because many instances have de-federated from it.
https://finance.yahoo.com/news/mask-network-acquires-pawoo-net-070000858.html
This entry was edited (1 year ago)
Chris Trottier
•The Mask Group, which now runs three large instances "has raised over US$50 million from private and institutional backers"—their words not mine.
Chris Trottier
•My advice is that you all become *very* aware of who owns your instance and why.
Get to know your admins—make sure their values align with your own.
If you don't want to put your social media life in the hands of strangers, then self-host your own instance.
iamBullivant
•https://www.prnewswire.com/news-releases/mask-network-acquires-pawoonet-one-of-the-largest-mastodon-instances-301707919.html
Mask Network Acquires Pawoo.net, one of the largest Mastodon instances
www.prnewswire.comChris Trottier
•Darnell Clayton :verified:
•Even though there are corporate-owned instances, it is particularly jarring that a corporate overlord assimilates instances now.
But I think we will see more of this for one reason: Twitter is dying, so companies are trying to “buy the next Twitter” instead of building one.
Chris Trottier
•Darnell Clayton :verified:
•Also, #Mastodon admins are going to receive lucrative offers soon, & some might sell if they are unable to pay operational costs for their servers.
It will become critical for members to support their local servers.
Kohan Ikin
•https://joinmastodon.org/sponsors
There's also a lot of crypto & online gambling & essay writing companies funding the development of the Mastodon source code.
Sponsors of Mastodon
joinmastodon.orgXantulon :mastodon: :pixelfed:
•