Planetary: a VC backed social network built on Scuttlebutt, out of stealth

And more investors, "And we're backed by some very smart VCs including @BloombergBeta @FuelCapital and @upsidevc among others" https://twitter.com/tomcoates/status/1220078067328024576

It's interesting.. I'd guess VC money is not in line with what the scuttlebutt community would think is the right approach for creating a better alternative to current giants. But at the same time it's clear that you need a lot of time and money to create something polished and mainstream. There must be multiple ways to achieve the same goal.

Biz Stone, one of investors - https://twitter.com/biz/status/1220048447794900993

Is there a UVP other than the decentralization? I ask because I've seen a lot of social networks in the decentralized space, yet none have offered something that say, facebook, does not.

What's a UVP? Organizations may be interested in hosting a form of this app on their own dns/maintain control of their own namespace. I think the incumbents can stand to make a lot of money by whitelabeling the existing services and selling access to domains (G Suite for Twitter, for example).

Link to the site: https://planetary.social/