• skoberlink@lemmy.world
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    8 months ago

    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!

    • rijom@lemmy.ml
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      8 months ago

      Do they say anywhere how they’re funded? Couldn’t really find anything on the FUTO page…

      • doeknius_gloek
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        8 months ago

        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/

      • skoberlink@lemmy.world
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        8 months ago

        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)

  • AtariDump@lemmy.world
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    8 months ago

    What will change?

    The following things will change as Immich joins FUTO:

    • The brand, logo, and other Immich trademarks will be transferred to FUTO.
    • We will stop all donations to the project.
    • The core team can now dedicate our full attention to Immich
    • Before the end of the year, we plan to have a roadmap for what it will take to get Immich to a stable release.
    • Bugs will be squashed, and features will be delivered faster.