Selling domains is the only revenue model they've offered as far as I know. if they have no intention of making money I'm really curious how they got funding from VCs.
I thought this was a good question for ChatGPT's "deep research," so I asked it to give a breakdown of their corporate structure and profit requirements [0]. I think the result was pretty informative. Took 11 minutes and consulted 24 sources to complete.
The TL;DR is that they are a public benefit corporation and have to balance that benefit (decentralized public communication platforms) with profit.
Could be worse; Musk appears to be a _Sulla_ fanboy (Sulla’s major contribution to history was originating, or at least popularising, the charming Roman tradition of proscription, where you just make it legal to murder your enemies.)
A somewhat less successful dictator than JC, but a significantly nastier one.
This seems like a fun way to monetize the platform, especially if they aren’t running ads.
I’d imagine it’s easier convincing people to buy fun swag than to persuade people to sign up for a subscription tier or throw money into a donation jar.
I mean, hardly surprising; the sort of people who want to use a custom domain with Bluesky generally will have a favoured registrar anyway, and will just use that instead of bluesky’s one.
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[ 3.1 ms ] story [ 63.2 ms ] threadhttps://bsky.social/about/blog/7-05-2023-business-plan
The TL;DR is that they are a public benefit corporation and have to balance that benefit (decentralized public communication platforms) with profit.
[0] https://chatgpt.com/share/67dc4f0f-a1a8-8011-a8e2-609c5f47fc...
T shirts don’t fund social media platforms
Bullying nerds should never have completely gone away.
https://www.thecrimson.com/article/2003/11/4/hot-or-not-webs...
Also, weird to see the generic term "facebook" used in that 2003 Harvard news article.
A somewhat less successful dictator than JC, but a significantly nastier one.
I’d imagine it’s easier convincing people to buy fun swag than to persuade people to sign up for a subscription tier or throw money into a donation jar.
It's not even promoted in the app, they only promoted it in a blog post and then never again.
https://bsky.social/about/blog/7-05-2023-namecheap