Last couple of months has been dramatic and there is a huge demand for ethical and safe social media. Even mainstream conservatives start to look for alternatives when US oligarchs wage hybrid warfare against their nation.
And there are so many low hanging fruits right now. Like Facebook event and marketplace replacements on the fediverse. Or just a Facebook alternative that isn’t Frendica. Or maybe a commercial fork of Frendica.
I’m not involved in any development of fediverse software, so I’m asking here. Do you experience more interest from venture capital?
Also, I assume EU will pour big money into social media alternatives, starting 2025.
Note: I’m not interested in a discussion regarding if VC is good or bad for the fediverse. That’s a good topic for another post though.
What? Why? How? What?
There’s no reason monetisation can’t be built into the Fediverse as it is. Ghost is looking like a good replacement for Substack for those that want to monetise their blog/newsletter. Flohmarkt is a Fediverse classified ads service. I don’t think it’ll be long before we see an Fediverse Patreon or eBay, for example, I just suspect the early Fediverse adopters have been so anti-capitalist that they have either rejected such things or overlooked them entirely. However, it’ll be key for getting content creators to move over to the Fediverse as they’ll want to keep their income stream.
In the meantime, more attention on the Fediverse should mean grant money flows in and crowd funding takes off.