Twitter’s succession: all the news about alternative social media platforms

Bluesky says it won’t use blockchains even though it’s funded by Blockchain Capital.

Its $15 million funding round was led by Blockchain Capital, a venture capital group that has invested in crypto firms, like Kraken, OpenSea, and Coinbase. Despite this, Bluesky says it’s not changing its stance on blockchains:

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.)