Wikipedia co-founder Jimmy Wales WT:Social launch is targeting to reduce the muscle Facebook and Twitter flex around. The creator had launched Wikitribune two years ago, an online publication that looked to combat fake news with original stories by reporters and “citizen journalists.”
Wikitribune struggled and never did well enough to sustain it stay, now, Wales is redirecting his attention to a bigger task. Wikitribune is redesigned as WT:Social, a social-networking site and news sharing platform just like Facebook and Twitter.
Jimmy Wales WT:Social which hopes to be a rival to Facebook and Twitter will let you share articles. But the only difference is that WT:Social will be funded by donations, instead of advertising. “The business model of social media companies, of pure advertising, is problematic. It turns out the huge winner is low-quality content.” Wales said to Financial Times.
Jimmy Wales WT:Social will not use algorithms to bump posts with the most comments or likes to the top, rather it will show the newest links first. It may add an “upvote” button in the time to come.
WT:Social was also designed to support small niche communities. Wholesome right? ‘Imagine: beekeeping’, but we’ve seen how small communities can fester online. “We will foster an environment where bad actors are removed because it is right, not because it suddenly affects our bottom-line.” WT:Social said.
WT:Social will be free to join on the long run, but for now, you either have to sign up for a waitlist, donate or invite friends. Just a month old, it already has 50,000 users. “Obviously the ambition is not 50,000 or 500,000 but 50m and 500m,” Wales told FT.
Source: Engadget tech