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Cryptocat author gets insanely fast backing to build P2P tech for social media
The idea for Capsule started with a tweet about reinventing social media.
A day later cryptography researcher, Nadim Kobeissi best known for authoring the open-source E2E-encrypted desktop chat app Cryptocat (now discontinued) had pulled in a pre-seed investment of $100,000 for his lightweight mesh-networked microservices concept, with support coming from angel investor and former Coinbase CTO Balaji Srinivasan, William J. Pulte and Wamda Capital.
I m designing a decentralized social media solution where each user hosts their own microservice. These then connect to one another in a mesh, allowing following and sharing posts. It will be lightweight, user friendly and secure.
The purge of President Trump and his supporters from social media platforms has not stopped extremists from communicating it just drove them further underground.