Open source X rival Mastodon begins raising funds with new in-app donation feature

Mastodon, an open-source social media platform, has introduced a new feature that allows users to make in-app donations. This move comes as the platform aims to generate revenue and reduce its reliance on external funding. The donation feature is currently being tested and will appear as a banner within the Mastodon app, providing users with the option to contribute financially to the platform's development and maintenance. This initiative is seen as an effort by Mastodon to explore alternative revenue streams, as the platform has historically relied on external funding sources. Mastodon's decision to implement this donation feature is part of a broader strategy to establish a sustainable financial model and reduce its dependence on external investors or sponsors. The platform has positioned itself as an alternative to Twitter, emphasizing its focus on decentralization, user privacy, and community-driven governance. The introduction of the in-app donation feature is seen as a significant step in Mastodon's evolution, as the platform aims to become more self-sufficient and maintain its commitment to its open-source principles.
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