Gab AI Inc. is a social networking platform. We offer telecommunications and social networking services, namely, providing online chat rooms and electronic bulletin boards for the transmission of messages among users in the field of general interest. We have over 835,000 users from around the world, with our top five markets being the United States, Brazil, the United Kingdom, Canada and Germany. As of the date hereof, approximately 43.4% of our users are located in the United States, 22.7% in Brazil, 7.7% in the United Kingdom, 4.6% in Canada and 3.3% in Germany. We empower creators, support free speech and defend the free flow of information online. We stand for bringing folks together of all races, religions, and creeds who share in the common ideals of Western values, individual liberty and the free exchange and flow of information. Our mission is to provide people with the tools they need to create and shape their own experience. Our GAB Tokens are not intended to interact with our platform in any way. According to a report from PageFair, ad blocker usage grew 30% in 2016. There were 615 million devices blocking ads worldwide by the end of 2016, 62% (308 million) being on mobile devices. Recognizing this existential threat, Facebook and other giants began fighting back by blocking ad blockers. This launched an all-out war between ad blocking companies and social media giants, in return only creating more consumer awareness of ad blocking. Many content creators and publishers rely on advertising as their core business model. Unfortunately, with the rise of ad blocking and the backlash of creator demonetization on other platforms, it has become difficult for content creators to generate an income. Many content creators feel that they can no longer trust establishment social networks. As platforms like Twitch.tv and Patreon.com have proven, both tipping and paid subscriptions for premium content are models that work at scale for content creators.
