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Joined 1 year ago
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Cake day: June 22nd, 2023

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  • From their website: https://futo.org/what-is-futo/

    What is FUTO? FUTO is an organization dedicated to developing, both through in-house engineering and investment, technologies that frustrate centralization and industry consolidation.

    Ok… So what does that mean?

    Through a combination of in-house engineering projects, targeted investments, generous grants, and multi-media public education efforts, we will free technology from the control of the few and recreate the spirit of freedom, innovation, and self-reliance that underpinned the American tech industry only a few decades ago.

    FUTO is not reliant on any existing tech company or venture capital firm for its funding. We are not expecting quick profits. We will never cash out with a sale to a megacorporation the moment our technology begins to catch on. We will focus entirely on the mission.

    If you share these goals, either as a user or a developer, we ask you to watch this space and get ready to throw off the stultifying limitations of the current state of affairs. We want to return to an era where a substantial portion of computer users can understand, control, and use their technology as they see fit without the approval or input of oligarchs. And we need your help.

    Ok so… What does that mean?

    Maybe the OP’s video explains these things (I hate watching videos for things like this), but I really thought I’d be able to find an explanation, in practical terms, of what this organization actually does on their own website.











  • I read the whole thread just waiting to see something that would make me go, “Oh, see, there it is - that’s how it’s a trick. That’s why it’s a double-speak betrayal.”

    And…I didn’t see it. It honestly looks like they are doing a thing to help develop the product in a way that as a user, I want; and they are not throwing current users under the bus or bait-and-switching what we were promised when we committed to the platform.

    New users may not have it quite as good, but it still seems reasonable, and honestly - getting involved early is something that should be rewarded in special ways. We accept it in all sorts of other contexts (just with more up-front information, but not in materially different outcomes).