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Signal Foundation

signal.org

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Re: Signal Foundation

#2

Post by mtgx »

When is the ICO?

No, I'm not kidding. Look at Telegram. Who would've thought an open source project would ever get close to a billion dollars in funding?

I don't want Signal to wither away or forever remain a niche chat application because of lack of funding, especially if Moxie one day decides he wants to pursue some other dreams of his and doesn't have time to deal with Signal anymore.

Re: Signal Foundation

#3

Post by xwvvvvwx »

mtgx wrote: post #2

When is the ICO? No, I'm not kidding. Look at Telegram. Who would've thought an open source project would ever get close to a billion dollars in funding ? I don't want Signal to wither away or forever remain a niche chat application because of lack of funding, especially if Moxie one day decides he wants to pursue some other dreams of his and doesn't have time to deal with Signal anymore.

Moxie is already working on a cryptocurrency project: https://www.mobilecoin.com/

Re: Signal Foundation

#4

Post by rrdharan »

mtgx wrote: post #2

When is the ICO? No, I'm not kidding. Look at Telegram. Who would've thought an open source project would ever get close to a billion dollars in funding ? I don't want Signal to wither away or forever remain a niche chat application because of lack of funding, especially if Moxie one day decides he wants to pursue some other dreams of his and doesn't have time to deal with Signal anymore.

This seems like a much better setup - $50M and setup as a 501(c)3 - rather than taking on the weird regulatory risk and all the other weirdness associated with Telegram's (IMO crazy) ICO:

https://www.forbes.com/sites/jasonbloomberg/2018/02/17/teleg...

Re: Signal Foundation

#5

Post by xwvvvvwx »

Huge congratulations to Moxie and the team. Signal is a wonderful project and I'm super excited to see what they achieve with such serious resources behind them :)

Re: Signal Foundation

#6

Post by tgragnato »

mtgx wrote: post #2

When is the ICO? No, I'm not kidding. Look at Telegram. Who would've thought an open source project would ever get close to a billion dollars in funding ? I don't want Signal to wither away or forever remain a niche chat application because of lack of funding, especially if Moxie one day decides he wants to pursue some other dreams of his and doesn't have time to deal with Signal anymore.

Such a sum can be dangerous, especially if you're used to a team of 7. But it's also dangerous to dismiss or discourage this kind of experiments.

> We believe there is an opportunity to act in the public interest and make a meaningful contribution to society by building sustainable technology that respects users and does not rely on the commoditization of personal data.

Re: Signal Foundation

#7

Post by pspeter3 »

I'm really excited about the possibility of a better client. I want to switch to Signal with my friends but the clients feel so behind Facebook Messenger

Re: Signal Foundation

#8

Post by cs702 »

This is freakin' awesome:

A non-profit foundation with $50 million in the bank dedicated to providing usable encryption to the general public, with no other agenda other than the public good.

Go read the blog post by Moxie and Brian Acton (who is joining Signal). Very exciting!

Re: Signal Foundation

#9

Post by weinzierl »

> Over the lifetime of the project, there have only been an average of 2.3 full-time software developers, and the entire Signal team has never been more than 7 people.

This is awesome. Amazing what an excellent small team can build.

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