A reminder that Mastodon and the Fediverse do NOT use cryptocurrency, blockchains, NFTs, tokens, coins, mining, web3 or anything like that.

Masto and the Fedi run on traditional servers and use a sustainable network federation model somewhat similar to e-mail (that's why Fediverse addresses look similar to e-mail addresses).

Also a reminder there are no venture capital firms or other investors either. No one owns the network, each server is independent. Masto and Fedi server running costs are paid by their owners, sometimes with donations from users.

No one is getting rich from the Fediverse, it is all volunteers with some getting donations and a few getting modest grants from foundations. Please remember this when you interact with admins or developers.

(There might be some individual users who post about cryptocurrency/blockchain, but the infrastructure this place runs on doesn't use it at all.)

Tl:dr - Decentralisation does NOT mean cryptocurrency/blockchain

#Fediverse

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