- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
We estimate that by 2025, Signal will require approximately $50 million dollars a year to operate—and this is very lean compared to other popular messaging apps that don’t respect your privacy.
Element has the same costs as Signal. So far, Element has been lucky in being able to raise money by selling support contracts to governments or companies using Matrix, but even that isn’t enough, which is why Element has been raising money for the Matrix Foundation for almost a year now (with little success).