Bluesky, the decentralized social network venture funded by Twitter founder Jack Dorsey, has garnered 30,000 signups in the last 48 hours – and that’s just for its waitlist.
Due to overwhelming interest, the firm began its waitlist on Tuesday and stated in a tweet that it would give out invites to the private beta in stages.
Bluesky aims to create a social internet and assist users in avoiding data silos that are ubiquitous across online services.
Its soon-to-be-released software is built on the Authenticated Transport Protocol, or AT, a decentralized social media protocol aiming at making social media open source and interoperable, letting users connect with multiple applications all inside one ecosystem.
Bluesky, a non-profit effort organized by Twitter, was unveiled in 2019 by Jack Dorsey, then-CEO of Twitter. Dorsey quit Twitter in May 2022, and the project fell dark.
Elon Musk, Tesla’s CEO, announced earlier this month that he would follow his promise to take Twitter private, bringing an end to a months-long legal struggle to purchase the social network for $44 billion. He has until October 28 to complete the transaction.
According to the Washington Post, Musk intends to lay off 70% of Twitter’s workers following the takeover.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
