[Mastodon]

Mastodon is growing up:

"Simply, we are going to transfer ownership of key Mastodon ecosystem and platform components (including name and copyrights, among other assets) to a new non-profit organization, affirming the intent that Mastodon should not be owned or controlled by a single individual.

[...] We are in the process of a phased transition. First we are establishing a new legal home for Mastodon and transferring ownership and stewardship. We are taking the time to select the appropriate jurisdiction and structure in Europe. Then we will determine which other (subsidiary) legal structures are needed to support operations and sustainability."

Eugen, Mastodon's CEO, will not be the leader of this new entity, although it's not yet clear who will be. He's going to focus on product instead.

Another note, right at the end of this announcement: the non-profit seeks to grow its annual budget to €5 million. That's a big increase from current levels, but is absolutely needed. It sounds like plans are in place to make that happen.

I'm excited for everyone involved; everyone who uses Mastodon; everyone on the web. Greater competition through a truly federated solution with decentralized ownership is good for everyone. I can't wait to see what happens next.

#Fediverse

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