this post was submitted on 19 Sep 2024
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[2023] Mozilla and Gary Vee fund cryptocurrency company Webacy (www.coindesk.com)
submitted 10 months ago* (last edited 10 months ago) by LWD@lemm.ee to c/firefox@lemmy.ml
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Gary Vee is a notorious ~~grifter~~ NFT salesman with a checkered past.

Webacy is a cryptocurrency wallet "technology layer" that "provides security features" like password backup, "digital wills", etc.

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[–] LWD@lemm.ee 9 points 10 months ago* (last edited 10 months ago)

Mozilla genuinely believes that this company follows the principles of the Mozilla Manifesto. At least, according to what Mozilla.vc says on its homepage.

(See more of the $35 million of its investments there.)

Other investments include:

  • Rodeo, an app that acknowledges the Gig Economy is harmful to Uber and Lyft drivers, but fundamentally doesn't want to change those harms.
  • HuggingFace, a company valued at $4.5 billion already.
  • lockrMail, an "inbox protecting" tool with a Chrome extension but no Firefox equivalent, and a direct competitor to Firefox Relay.