Bluesky, the decentralized social media platform, is rapidly attracting users, making it a potential game-changer in the social media landscape. With over 22 million users and growing, the platform's unique features and commitment to user privacy are gaining significant traction.
Bluesky could be on the verge of a turning point if it continues rapidly attracting users. There are no immediate plans for Bluesky to build an online ad business, but the company is open to the idea as long as it's not an intrusive experience, COO Rose Wang said. Bluesky 's decentralized and open nature makes the app 'billion-proof' because users can take their data elsewhere at any moment, CEO Jay Graber told CNBC's 'Money Movers.' Since Election Day, the app has gained 8.
7 million new users, underscoring consumer appetite for an alternative to Elon Musk's X, formerly known as Twitter, and Meta's Threads. While these larger social media platforms still dwarf Bluesky, the startup now has more than 22 million users and is not showing any signs of slowing down. Bluesky's surge may seem sudden, but it has been experiencing bursts of user growth for more than a year, COO Rose Wang told CNBC. The growth surge Bluesky is on now feels different after its ban in October, Wang added. Bluesky could be on the verge of a turning point if it continues rapidly attracting users, said David Carr, a research editor at the internet analyst firm Similarweb. The app's buzz is akin to the early days of Google when the search engine began attracting consumer interest and publicity while fending off competition from older and larger search engines such as AltaVista and Yahoo
Bluesky User Growth Social Media Decentralization Privacy
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