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Image Credit: Siliconangle

Bluesky raises $15M to expand decentralized social network and developer ecosystem

  • Bluesky, the decentralized social network, has raised $15 million in funding.
  • The funding will be used to expand the user base, enhance the developer ecosystem, and build new features prioritizing user empowerment and safety.
  • Bluesky offers a decentralized social network that allows users to choose their own algorithms and moderation systems.
  • The funding round was led by Blockchain Capital, with participation from other investors. Bluesky plans to develop a subscription model for additional features.

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