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I've never heard of FUTO before and it sounds a little too good to be true. It looks like they have made some grants to other big projects. I like what they're saying to the point that it seems too good to be true.
Does anyone know if this is a legit organization and if it has staying power?
Either way getting further progress on Immich, hopefully moving towards real stability, is very exciting!
Do they say anywhere how they’re funded? Couldn’t really find anything on the FUTO page…
Uhhh so I copied the part from their website that tries to answer your question and now my clipboard seems to include an invisible link to some scummy sounding website. So either I have to nuke my smartphone (and another system I tested this on) or this just got a whole lot sketchier.
That organization is FUTO, founded in 2021 by 18-year Silicon Valley veteran, programmer/founder of Yahoo! Games, and WhatsApp seed investor Eron Wolf.
https://www.high-endrolex.com/26
Through a combination of in-house engineering projects, targeted investments, generous grants, and multi-media public education efforts, we will free technology from the control of the few and recreate the spirit of freedom, innovation, and self-reliance that underpinned the American tech industry only a few decades ago.
FUTO is not reliant on any existing tech company or venture capital firm for its funding. We are not expecting quick profits.
Source: https://futo.org/what-is-futo/