Facebook was full of accusations about data breaches, fake news, and all that jibber-jabber. Users were worried and wanted a solution to this issue. Jimmy Wales the co-founder of the famous encyclopedia "Wikipedia" has launched his own social media networking website called the 'WT: Social".
He wants to give the users a safe and healthy social media platform without any data breaches.
The website works on a donation-based model just like Wikipedia- the online encyclopedia. There is a reason why these websites are working on donations.
"The business model of social media companies, of pure advertising, is problematic. It turns out the huge winner in low-quality content,"
He blames the advertisements for the problems that the users of Facebook & Twitter are facing.
The website has already gathered more than 50,000 users since its launch. Facebook has a user base of more than 2 billion. The website was launched last month but it is not yet active for use. You can still sign up and then be on the waiting list.
The website has received more than 200 donations to date. Jimmy plans to initiate the use of the site soon enough.
“Obviously the ambition is not 50,000 or 500,000 but 50m and 500m,”
“It won’t be massively profitable but it will be sustainable.”
This WT:Social is going to bring that old social media practice which did not involve revolving around dozens of ads just to find the right post.
WT:Social claims to be safer with user data. They say "We will never sell your data. Our platform survives on the generosity of individual donors to ensure privacy is protected and your social space is ad-free”.
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