Analysis of information sources in references of the Wikipedia article "Mastodon (social network)" in English language version.
To become a more user-focused paradise of "resilient, governable, open and safe digital spaces," Mastodon is going to need a lot more funding. The blog called for donations to help fund an annual operating budget of $5.1 million (5 million euros) in 2025. That's a massive leap from the $152,476 (149,400 euros) total operating expenses Mastodon reported in 2023.
{{cite web}}: Missing or empty |title= (help)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.
it is planning to create a new nonprofit organization in Europe and hand over ownership of entities responsible for key Mastodon ecosystem and platform components. This means one person won't have control over the entire project. The organization is trying to differentiate itself from social networks controlled by CEOs like Elon Musk and Mark Zuckerberg.
we are going to transfer ownership of key Mastodon ecosystem and platform components to a new nonprofit organization... "When founder Eugen Rochko started working on Mastodon, his focus was on creating the code and conditions for the kind of social media he envisioned," Mastodon says. "The legal setup was a means to an end, a quick fix to allow him to continue operations. From the start, he declared that Mastodon would not be for sale and would be free of the control of a single wealthy individual, and he could ensure that because he was the person in control, the only ultimate decision-maker."