Mastodon Announces Transition To Nonprofit Structure

An anonymous reader quotes a report from TechCrunch, written by Ivan Mehta: Decentralized social network organization Mastodon said Monday that it is planning to create a new nonprofit organization in Europe and hand over ownership of entities responsible for key Mastodon ecosystem and platform components. This means one person won't have control over the entire project. The organization is trying to differentiate itself from social networks controlled by CEOs like Elon Musk and Mark Zuckerberg.