Many people left Twitter once Elon Musk bought it and converted it into X’s right-wing playground, complete with a paid verification system and shockingly lax moderation against hate speech and fake news.
In contrast to its predecessor, this platform does not have any paid services and does not display advertisements; instead, it promises a more customized and enjoyable social networking experience by providing users with innovative control over their own feeds. Naturally, this has made a lot of people question the site’s revenue model.
Why does Bluesky earn revenue?
The lack of intrusive advertisements in Bluesky’s feed is a major differentiator from X, and the platform’s COO, Rose Wang, has promised users that their data would never be sold. Users will love it, but how will the business benefit? They have to find a way to turn a profit eventually, don’t they?
While the decentralized platform and its procedures may seem simple, they really need a small staff of around 20 individuals to keep it running. However, it has come to light that they have not yet established a strategy for the sustainability of their financial resources.
Jack Dorsey, creator of Twitter, first provided financial support for the site’s inception in the form of a sizable gift.
The corporation has pledged to eschew advertising for revenue, giving it little alternatives.
Rose said in late October that Bluesky is developing a “subscription model for premium features” such as “higher-quality video uploads and profile customizations” to earn money while keeping the site free.
“Bluesky is powered by a 20-person core team, moderators, and support agents,” stated. Team and infrastructure are our primary expenses. We use subscription income to enhance the app, increase the developer community, and investigate non-advertising business options.”
Rose promises that non-paid users won’t have a bad app experience: “Paid subscribers won’t receive special treatment in the app, such as upranking premium accounts or blue checks next to their names. We won’t sell your info. We won’t overprice socializing.
Right Now How To Make Money With Bluesky?
- Suitable for marketing on the internet. It may boost website visitors, especially if you write news or articles.
- People are now trending in this way . Artists, authors, and other creative types are gravitating in this direction. Users may gain from one another’s feedback on your items with your assistance.
- If you are a freelancer, you can offer your services.
- You have the ability to sell memberships, and they are presently working on new membership models.
Warning:They have said that they would not provide premium users any benefits, as stated in their transparency.
All things considered, it is an excellent social media platform, and everyone will be treated in the same manner.