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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!
FUTO is the company that also hired Louis Rossman. They also make the Grayjay video app, FUTO Voice (offline voice recognition keyboard, as well as FUTO keyboard), and Circles (a Matrix-based private social media app), and many other cool things.
They have a literal free lunch every Friday and I've been a couple times. Eron the owner seems like your typical tech billionaire. You're definitely right that it seems "too good to be true" but we're in the midst of the worst of times for technology and they just keep doing all the right things.
Most of their stuff is licensed under a FUTO license, often called "source available".
Everything is a paid app, but also if you choose not to pay, as Louis says, "that's between you and your God".
Do they say anywhere how they’re funded? Couldn’t really find anything on the FUTO page…
I was wondering this too and couldn't find anything about it.
I believe this to be a legitimate organization, as Louis Rossman was hired there, see https://www.youtube.com/watch?v=tca6xsBEuGw Or privacy friendly: https://www.yewtu.be/watch?v=tca6xsBEuGw
Here is an alternative Piped link(s):
https://www.piped.video/watch?v=tca6xsBEuGw
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source; check me out at GitHub.
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/
Holy shit, same thing here. That shady link is in fact on their page, it doesn't come from your phone.
Edit, here it is, line 22:
Thanks for testing! I really wonder what happened there.
Probably because of accessibility I would say. Not good design but it is what it is
Same thing here. What the fuck is this?
my clipboard seems to include an invisible link to some scummy sounding website
I reported it. Should be fixed soon.
Immich will be funded by an optional purchase in the near future. Since I can't find anything else, my best guess is some portion of that goes to FUTO. But it is just a guess. I also couldn't find any specifics on FUTO's funding.
Aside from the other income channels mentioned by others, licenses for Grayjay and FUTO Voice Input.
Louis Rossmann is an employee there so I would expect that organization to have very strong staying power, especially considering the founder of that organization funded Rossmann's R2R lobbying very early on (I no longer believe that is the case though: a dedicated charity was set up for that IIRC, which has recieved very generous donations)
The following things will change as Immich joins FUTO: