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Gab Seeks $10M to Decentralize and Use ‘Free Speech Money’ Bitcoin

Published 07/03/2019, 08:44 AM
Updated 07/03/2019, 09:01 AM
© Reuters. Gab Seeks $10M to Decentralize and Use ‘Free Speech Money’ Bitcoin
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Social media platform Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it decentralize its infrastructure and integrate bitcoin (BTC) and Lightning Network payments.

Founded in 2016, Gab has risen to notoriety due to a perception that it serves as an “echo chamber” for “extremist,” alt- or far-right views as it welcomes users who have been banned from sites like Twitter and Facebook (NASDAQ:FB) for their alleged violations of hate speech rules.

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