$15m raise vs. $150m raise 🤔 https://bsky.social/about/blog/10-24-2024-series-a

Writer. Building @pinatacloud. Tinkering with a Farcaster native alternative to GoodReads: https://readcast.xyz \ https://polluterofminds.com

"This does not change the fact that the Bluesky app and the AT Protocol do not use blockchains or cryptocurrency, and we will not hyperfinancialize the social experience (through tokens, crypto trading, NFTs, etc.)"

"Bluesky’s open technology, the AT Protocol, makes a whole ecosystem of apps possible. We’re excited that developers have already begun building their own applications with totally different purposes from the Bluesky app. For example, Smoke Signal is an events app, Frontpage is a web forum, and Bluecast is an audio app (that includes karaoke with licensed songs)! We hypothesize that monetization strategies like subscriptions, domain-name registrations, and payments to creators will enable these independent apps to grow as well."

Developer 🤓 build, develop and operate Farcaster solutions @ dtech.vision also love tech, decentralization, fitness and oldschool rap 😎

I liked this "Our lead, Blockchain Capital, shares our philosophy that technology should serve the user, not the reverse — the technology being used should never come at the expense of the user experience." I think it's the core problem of user retention/acquisition in the crypto world.

Software engineer @ pinata.cloud. Interested in web3 and games

Their investors do scream “hoping for a token” though. So maybe the idea that they won’t launch a token is wrong. 🤷