Nicholas Merrill’s crowd-funded Internet Service Provider raised more than $ 43,000 in donations in less than 24 hours, CNET reported on Thursday. “I had no idea that the crowd funding would take off as much as it has in such a short time,” Merrill told the news source. “I hope that people will continue to spread the word and help Calyx reach its funding goal so this plan can come to fruition sooner rather than later.” Merrill’s new company, The Calyx Institute, aims to be a “non-profit telecommunications provider dedicated to privacy, using ubiquitous encryption,” and intends to sell Internet access for as little as $ 20 per month. The company is seeking $ 1 million in donation-based funding for a “bare-bones launch,” or $ 2 million in funding for a faster launch. “I am grateful for the outpouring of support which I think clearly demonstrates that there is a vast public demand for privacy-conscious telecommunications companies,” Merrill concluded.
Non-profit ISP focused on privacy raises over $43,000 in one day
April 14th, 2012 Comments Off