Frank McCourt is no typical tech mogul.

On the contrary.

He is a real estate mogul with a background in the construction industry.

But he has long supported various community improvement projects.

The most important thing for society is to do something about Big Tech, which in his opinion, has derailed.

- The constant monitoring, the exploitation of our data in a way we could never have imagined.

The problem of social media threatening our democracy by optimizing for polarization.

Saved in digital wallets

Frank McCourt believes that more is needed than regulation.

- Instead of putting out fires on the right and left, we need to shift focus.

"Project Liberty" will, among other things, go to technology development to build a new structure for how data is saved online.

Instead of our relationships and interactions being sucked up centrally and owned by the tech giants, it should be saved in our own digital "wallets" on a blockchain, a decentralized database.

- Then people can move their data from one service to another.

We stop being prisoners, trapped in one platform or another.

It is our data, our digital DNA.

DSNP is an example of what is usually referred to as "web3".

If the internet goes in that direction, the balance of power is reversed.

Creates the infrastructure

McCourt envisions a future where the app can accept our terms for data use.

We could demand payment for the service to capitalize on the information about us.

- It is no more than right to share the profits from the use of the data we produce from morning to evening.

Others may not want to share at all, then it is their freedom not to do so.

The big challenge is to get people to migrate to something completely new.

It is only when your friends are hanging out somewhere that you see a point in being there yourself.

How will he with his - in this context pitiful - 250 million dollars succeed with it?

- This is not something we do ourselves.

We create the infrastructure, then we hope that apps and services will be built by others on top of what attracts users.