Open sourced social network that uses a cryptocurrency. Plans to become fully decentralized. The Minds token is not a real cryptocurrency. It's an Ethereum based ERC-20 token. It's use is for a utility token on the Minds.com social network, not for trading or making a profit. The Minds.com staff has the ability to generate more tokens at will.
Minds.com will not work without centralized DNS.
It will not work without central servers.
User accounts are not in the user's control. They're controlled by the service provider. Monetization is uncensorable and unstoppable with cryptocurrencies.