A new $1 million fund, Skyseed, aims to support developers building tools for Bluesky, a decentralized social media platform based on the AT Protocol. The fund is led by open-source entrepreneur Peter Wang, who sees Bluesky's potential to create a healthier online experience.
A new fund called Skyseed, launched by open-source entrepreneur Peter Wang, aims to support developers building tools for Bluesky , a decentralized social media platform. With an initial investment of $1 million, the fund seeks to foster innovation within Bluesky 's open ecosystem, built upon the AT Protocol. Wang believes Bluesky has the potential to break free from the confines of walled gardens, offering a healthier alternative to social media platforms driven by addictive business models.
Skyseed will operate similarly to traditional venture capital, offering pre-seed funding and supporting projects that can evolve into sustainable business models, whether for-profit or cooperative
Bluesky Developer Fund Decentralized Social Media AT Protocol Open Source
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