Close Menu
Finsider

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    The Rolls-Royce share price smashed its own record this week. Is it too late to buy?

    August 2, 2025

    DOGE targets $0.80 but newer tokens are attracting long-term whales

    August 2, 2025

    The $50 Million Rebate Investors Are Missing Out On

    August 2, 2025
    Facebook X (Twitter) Instagram
    Trending
    • The Rolls-Royce share price smashed its own record this week. Is it too late to buy?
    • DOGE targets $0.80 but newer tokens are attracting long-term whales
    • The $50 Million Rebate Investors Are Missing Out On
    • Retire in the Canary Islands for Beaches and Natural Beauty
    • Another week, another record high: can the FTSE 100 keep gaining value?
    • Plug Power Inc. (PLUG) Secures $1.66B DOE Loan for Green Hydrogen Plants
    • What To Do If Your Amazon Fire TV Stick Is Stuck On The Logo
    • What Analysts Think of AMD Stock Ahead of Earnings
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Finsider
    • Markets & Ecomony
    • Tech & Innovation
    • Money & Wealth
    • Business & Startups
    • Visa & Residency
    Finsider
    Home»Tech & Innovation»Open source X rival Mastodon begins raising funds with new in-app donation feature
    Tech & Innovation

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

    FinsiderBy FinsiderJuly 23, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    mastodon riding in an office chair
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Open source X and Threads competitor Mastodon will begin experimenting with a new way to raise funds: in-app donations. The organization on Wednesday announced it’s launching a campaign that introduces banners inside its Android and iOS apps, prompting users to make a monetary donation.

    Initially, the feature will be shown only to those on the Mastodon servers the nonprofit itself operates, Mastodon.social and Mastodon.online. These banners will be easy to dismiss, Mastodon says, and will only be shown to people who have accounts that have existed for at least four weeks. The organization promises that it won’t continually prompt users to donate, either.

    Such campaigns can work well for nonprofit organizations at scale. Wikimedia Foundation, for example, brings in the majority of its funding from individual donors, including those who donate through the pop-up banners that occasionally appear on Wikipedia. However, Mastodon has a much smaller user base: 8.1 million registered accounts, and fewer than 1 million monthly active users. Still, the banners could encourage people who haven’t actively sought out ways to contribute to now do so, as it makes the process more seamless as an in-app feature.

    Mastodon says it will later expand the campaign to the web and, if successful, make it available to all other Mastodon instances. The latter would allow individual server admins to receive direct support from their own users, which could help keep them operational.

    As an open, decentralized social media platform, Mastodon faces challenges when it comes to financial support. Unlike Meta and X, which are supported by ads, Mastodon so far has relied largely on user donations from Patreon. It has also accepted a handful of donations from open-source-focused funds and foundations over the years.

    In 2023, Mastodon raised €545K in total donations, up 65% year-over-year, but its Patreon donor base dropped nearly 23% to 7,400. (Its 2024 report is not out yet.) That decline could have pushed it to look into more aggressive fundraising tactics, especially as competition from Meta and newcomers like the VC-backed startup Bluesky is growing.

    “We know that collecting money can present complexities and questions,” a Mastodon blog post stated. “We’d like to figure out how to do this well, together with the community. This is not a corporate fundraising campaign: it’s an effort to secure the future of a more ethical and independent social web.”

    begins donation feature funds inapp Mastodon Open Raising rival source
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHow one woman built a 7-figure business selling cat doors on Amazon
    Next Article Here’s What You Need to Know Ahead of Google Parent Alphabet’s Earnings Today
    Finsider
    • Website

    Related Posts

    Tech & Innovation

    What To Do If Your Amazon Fire TV Stick Is Stuck On The Logo

    August 2, 2025
    Tech & Innovation

    Venture firm CRV raises $750M, downsizing after returning capital to investors

    August 2, 2025
    Tech & Innovation

    Apple Doubles Down On A Smarter Siri Coming Next Year

    August 1, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The Rolls-Royce share price smashed its own record this week. Is it too late to buy?

    August 2, 2025

    Cursor snaps up enterprise startup Koala in challenge to GitHub Copilot

    July 18, 2025

    What is Mistral AI? Everything to know about the OpenAI competitor

    July 18, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    Most Popular

    Using Gen AI for Early-Stage Market Research

    July 18, 2025

    Cursor snaps up enterprise startup Koala in challenge to GitHub Copilot

    July 18, 2025

    What is Mistral AI? Everything to know about the OpenAI competitor

    July 18, 2025
    news

    The Rolls-Royce share price smashed its own record this week. Is it too late to buy?

    August 2, 2025

    DOGE targets $0.80 but newer tokens are attracting long-term whales

    August 2, 2025

    The $50 Million Rebate Investors Are Missing Out On

    August 2, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2020 - 2025 The Finsider . Powered by LINC GLOBAL Inc.
    • Contact us
    • Guest Post Policy
    • Privacy Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.