Hello Everyone,
After only one week we have reached almost half of our goal, raising $475,000! We've also added 20,000 new users this week alone powered by our successful marketing campaign in Silicon Valley. We are incredibly excited to keep building the home of free speech online powered by The People. In the coming weeks we have some great product improvements on the way that we can't wait to share with you.
I'm excited to announce that we will finally be 100% off of Microsoft Azure hosting and fully transitioned to our new more scalable provider this week. We will also soon be shipping Gab in Portuguese for our users in Brazil, who now make up 25%+ of our traffic. Finally, we expect to be opening up our API in the next week after a year in private testing with a small group of trusted developers. This will allow third-party developers to build apps and integrations connected to Gab and we can't wait to see what our community builds.
I wanted to address some misinformation and questions being asked and asserted about our campaign. Many of these items are disclosed and discussed in our offering circular, but I believe it's important to share this information in an update as well.
First, investing in an early stage startup involves extreme risk. There are no guarantees of success, but we are working hard daily to build and grow our community and business while defending free expression online for all people. We have highlighted many of the risks involved in our offering circular, which we encourage you all to read before investing.
Secondly, I want to make a clear distinction between total number of Gab users and monthly active Gab users. People use Gab in many different ways. Some people spend many hours per day on Gab, others check Gab once a day, once a week, or once a month. Many more people do not have accounts, but rather view and read Gab's public-facing content which drives traffic to the site.
As is mentioned in our Offering Circular, we had over 660,000 cumulative registered users from around the world and approximately 250,000 of those logged in during the 30 days prior to the filing. We have been steadily improving our monthly active user count as we have made more improvements to the product and will be working on reengagement campaigns with inactive accounts in the near future. As you all know we have also worked hard and been very transparent about removing bots and fake accounts from the platform, banning well over 80,000 of them this year alone.
Finally, the growth of traffic to the site can be confirmed by two independent third-party providers. While not exact, these both offer some insight into our growth beyond our own internal metrics, which are found in the Offering Circular.
Alexa: https://www.alexa.com/siteinfo/gab.ai
Similarweb: https://www.similarweb.com/website/gab.ai#overview
Thank you all for your continued support. We have been attacked from many angles by the media, from competitors, political activists, special interests, and generally bitter people who just want to see us fail. Despite these attacks we continue to build, learn, and grow the home of free speech powered by The People to defend free expression online for everyone.
I want you all to know that Ekrem and I see Gab as our life's work and our team is so inspired and humbled to serve you for this noble cause on this incredible journey together. God bless all of you.
Andrew Torba
CEO, Gab.com
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