Hello Insight Monitor subscribers, and welcome to another edition of our newsletter where we look at extremist financing. This week, we’re doing something a little different, and looking at a platform and how it is financed, its corporate structure, and opportunities for disruption. This is particularly relevant in the lead up to US elections, and in a growing climate of political extremism. Let’s get into it.
~Jess
Entropy is a Canadian livestreaming service and donation platform. It garnered significant recognition between 2019 and 2021 for providing a payment platform to influential extremists who had been demonetized from larger platforms, including prominent white nationalist Nick Fuentes. Today, it is used by dozens of extremist livestreamers and facilitates donations from potentially thousands of users.
Entropy’s Network
Entropy was launched in 2019 by Chthonic Software, a tech company co-founded by David John Bell, Emmanuel Constantinidis, and Rachel Constantinidis in Calgary, Alberta. In the website’s first two years, it attracted significant influential far-right personalities as livestreamers (live video bloggers), including Canadian white Nationalist Stefan Molyneux, British neo-Nazi Mark Collett, and — most notably — US white nationalist Nick Fuentes.