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They are trying to avoid that. I hang around there pretty much. I expect premium services subscriptions will be the first try. If that works, and I think it could, that will be fine. The fact of it being a public benefit LLC makes the profitability requirement much less pressing.

Also, there will be revenue opportunities from being the canonical AT Proto first mover. It’s way too early to tell, or worry.

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What does being a public benefit corp actually stop them from doing on a practical level? I'm not familiar with the classification.

I am, on the other hand, familiar with the likes of Blockchain Capital, from whom Bluesky has accepted 15 million dollars in Series A funding. At some point they're going to get crypto wallets and air drops integrated just like Keybase did and the profits will come out of scamming the uninformed.

I certainly hope it works because rebalancing the world away from X is a win for the world.

I'm not sure we have much precedent for that model working to sustain any form of social media for the masses. It has in my experience been great for specific services (happily paying for pinboard on a yearly subscription!) but I'm not sure it will work for aby service aspiring to be a universal town square.

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