Launched in 2019, Bluesky is an invite-only social media platform, following in the footsteps of previous apps like Clubhouse. Bluesky then opened their doors to the public to join in February 2024.
Lately, Bluesky has received many new users, especially from X/Twitter because many new updates introduced on the platform are not liked by the public, especially when the block feature has been changed where users who should have been prevented from reading tweets can now read them, although not anymore can interact.
With this, Bluesky has issued a statement that until now, (October 2024) a total of 13 million users have joined this new social media platform, and said that they have received a Series A investment of $15 million from investment companies such as Blockchain Capital, Alumni Ventures , True Ventures, SevenX and so on.
To date, Bluesky has introduced a number of improvements to their platform, such as support for videos, GIFs, private messaging features and the ability to add dynamic listings to the platform so you can proactively and easily follow or block users.
Apart from that, Bluesky also announced that they are in the process of developing a subscription model that will give users the ability to upload videos with higher quality, more in-depth profile modifications and so on. Details about the subscription model such as the price tag are not yet known, but are expected to be announced when it is ready to be introduced.
In the meantime, Bluesky also wants to enable content creators on the platform to make money, and is also developing a process to make that happen. However, unlike Twitter, the reach of posts from users will not be limited, and all replies to posts can be read and replied to without hindrance.
For developers who want to integrate the content of the platform to other existing platforms, Bluesky also said that they will not restrict the use of their API to develop, unlike other platforms that lock access to the technology.