https://modular.im/services/matrix-hosting#fair-billing-poli...
It looks like if I wanted to invite 10 friends to my room on Modular.im, I'd have to pay $17.50, compared to $0 for Discord.
- Open source. Self-explanatory.
- Federated. Sure, you can probably redundant-ify your IRC server with Apache Something and Amazon AWS/ Cloudflare whatever if you really wanted to, but I regularly see Matrix rooms with 10+ addresses because the protocol's designed around that redundancy, not the other way around. And of course with Discord none of this even applies...good luck if Intern Greg elbows the Big Red Button, or they pull a yahoo groups/google+/etc.
- The protocol leaves a lot of room for experimentation that Discord isn't nearly open enough for. [1][2][3]
- There's bridges to other discord, irc, and dozens of other platforms, sidestepping the adoption problem (note that there's been even more added since this graphic was made). [4]
They aren't exactly languishing in obscurity either: the government of France is one of their userbases [5]. Yeah, I'd say Discord-style VC would be nice, but the lack if it isn't exactly holding them back.
[1]: https://matrix.org/docs/projects/other/matrix-live/ [2]: https://matrix.org/docs/projects/other/freebird/ [3]: https://matrix.org/docs/projects/other/lightrix/ [4]: https://matrix.org/blog/2017/03/11/how-do-i-bridge-thee-let-... [5]: https://vector.im/#case-studies
The only thing this doesn't let you do is install bridges to other services (such as Discord). For that you'll need your own server.
For a chat-only replacement, it's definitely perfect.