I hate to be the bearer of bad news, but Bluesky's long, slow slide into encrapification
begins now.
We’re excited to announce that we’ve raised a $15 million Series A financing led by Blockchain Capital with participation from Alumni Ventures, True Ventures, SevenX, Amir Shevat of Darkmode, co-creator of Kubernetes Joe Beda, and others.
You can read the whole thing if you want; but the short form is that Bluesky has been partially sold off to a consortium of cryptobro venture capitalists and they have been given a board seat. While Bluesky insists that it still "doesn't use blockchain/cryptocurrency" in its app, venture capitalists as a rule push a requirement of endless growth on the things they finance so that WILL change eventually, it is a matter of when not if. You can also expect them to monetize Bluesky in every possible way with an eye to maximizing profit, including by scraping and selling your data, training or integrating AI, allowing the service to be colonized by propaganda bots, and using algorithms to push ads.