A members-only social media network founded in 2013 by former representative Jason Lewis, the current Republican nominee for Senate in Minnesota, hosted message boards that promoted a pro-Hitler documentary, called for migrants to be put in camps, and raised money for an ad campaign that paid Lewis and his business partners.
In 2014, Lewis sat down with Fox Business host John Stossel to promote the network, which he called Galt.io, after the hero of an Ayn Rand novel. Lewis, still a talk radio host, explained that Galt.io would be a closed community whose members could invest using a digital currency earned with their participation or bought with real money. The Galtcoins functioned like Reddit upvotes, signaling which topics people cared the most about as they invested into “causes” or “missions.”
“We’re not going to tell people what causes are going to win,” Lewis told Stossel. “That’s going to be a function of the marketplace. So once that cause is out there, what people are interested in is going to be determined on Galt.io.” Continue reading.