this post was submitted on 29 Mar 2024
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I recently finished the episode of The Verge's podcast #Decoder with the interview to Bluesky's CEO and it seems a quite interesting project. At the beginning I wasn't looking really into it because of their choice of using a new protocol instead of the existing ActivityPub, but after listening to her and the reasons behind this choice maybe I'll give them a chance.

What do you think? Do you use it alongside with the fediverse?

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[–] clgoh@lemmy.ca 18 points 7 months ago* (last edited 7 months ago) (2 children)

Bluesky has no ads, and a chronological feed.

[–] threelonmusketeers@sh.itjust.works 5 points 7 months ago (1 children)

Huh, interesting. What's their business model then, and how do they plan to scale?

[–] Wiz@midwest.social 3 points 7 months ago (1 children)

No ads ... Yet.

It was funded by venture capitalists that demand payback.

They are currently in enshittification stage 1 where everything is wonderful and free. The users have not been monetized yet.

[–] clgoh@lemmy.ca 0 points 7 months ago (2 children)

That's not their business plan.

[–] Wiz@midwest.social 5 points 7 months ago

I read their posted business plan, and there is no way on God's green earth that what they have in their business plan will raise the money they need.

[–] wisdomchicken@piefed.social 2 points 7 months ago (1 children)

It is worth noting that what they posted in their business plan in July 23 (1) differs quite a bit from what Jay Graber mentioned as their business plan in an interview with The Verge in Feb 24 (2), which again differs on quite a few points from what Jay Graber mentioned in a podcast with The Verge in March 24 (3).

(1): https://bsky.social/about/blog/7-05-2023-business-plan (2): https://www.theverge.com/2024/2/6/24062837/bluesky-drops-invite-system-begins-federation-at-protocol (3): https://www.theverge.com/2024/3/25/24108872/bluesky-ceo-graber-federation-social-media-decoder-interview

Thanks for the links!

Just FYI, Lemmy markdown for numbered lists is as follows:

  1. First line
  2. Second line
  3. Third line

Is PieFed markdown different?