The Internet was an amazing innovation. It was the world's first 'decentralized' communication system. In a simpler time, the Internet's ad-hoc was designed to combat censorship. It was designed to withstand the forces of onerous governments and corporations. But as the Internet matured, the limits of its initial design are becoming obvious. What was once considered decentralized, is no longer decentralized enough. The free and open Internet has become increasingly controlled and closed. The freedom brought to us by the Internet, and the economic expansion it offers, is under threat.
Neutrality was the primary driver of the Internet's early success. With neutral access, came open competition. Through this competition, users and businesses were enriched at expense to incumbent powers. But yesterday's maverick enterprises are today's incumbent Goliaths. Much like the incumbents of our past, these institutions are starving newcomers.
Thankfully, there are promising new solutions. With these solutions have come promising new regulatory opportunities. Market forces are changing and the time is right to begin work on a new foundation. What follows is a chance to participate in the development of a bold new infrastructure.
Gab was founded on the basis of pushing the limits to what a centralized company can achieve. Gab's success has been achieved by pushing these limits. Gab is now at a crossroad. It is rapidly approaching the limit of what its centralized architecture can achieve. We at Gab wish to continue our growth. To do so, we need to leverage the innovation of decentralized technology.
Gab's need for better infrastructure is real. Content delivery networks arbitrarily denying access. Domain registrars are threatening to revoke ownership of domains. We need a better option. Our proposal is reasonable: we seek to build the peer-to-peer infrastructure that we need. We want infrastructure that we can't unilaterally control. With such technology, we can arbitrage corporate regulations towards the service of users. We seek to build a data routing infrastructure that we don't have to own. Such an infrastructure will empower us to offload the risks of routing data. To create an economy that is better suited to bear the risk of problematic demands by those who seek to censor and silence.
Gab's team has a track record of success. Unlike most decentralized teams, our competency is earned and real. Our vision is to augment existing decentralized standards. To provide the features we need, and to ensure equal access by similar service providers. Open standards are what allowed the first generation of Internet apps to grow to the size they are today. Open standards will empower the next generation of decentralized services to displace incumbents. We are creating a new decentralized layer of message storage and routing infrastructure. We seek to share our growth, with investors, and others in the modern Internet community.
The Internet needs a peer-to-peer, censorship-proof communication backbone.
So why is now the time to build this backbone? The JOBS Act. Traditional venture capitalists are the usual path to fund large engineering challenges. But the risks of free speech are incompatible with the Venture Capitalists that brought us here. With the JOBS Act, there's now an alternative path. Our solution is to embrace the support of the US government, via the path set forth by the JOBS Act. Our goal is to offer on of the first fully compliant ICOs with American funding laws. Our decentralized needs are not an act of fraud. Our pursuit is noble, and in the tradition of American Free speech standards. By legally soliciting investors, we offer accountability alongside an embrace of American ideals.
Now is the time to renovate the Internet. To fulfill its noble promise. To maintain a system by which everyone can pursue humanity's most virtuous goal: the right to speak freely.