As the highly capitalised behemoths – Musk’s X (now Twitter), Meta’s Threads – race around in this rapid digital space, a scrappy underdog is emerging, and its momentum is showing that even giants can be challenged. In this article, let’s explore how Bluesky got where it is – how it has managed to sustain its momentum amid much larger, deeper-pocketed competitors, and what might happen next, now that it’s embracing a paid subscription service.
In the metaverse, fast moving times, Bluesky entered not just with a “new kid on the block” attitude. Yes, don’t we all like a plucky underdog story? But no, Bluesky continues to grow. Since the takeover of Twitter by Elon Musk, many people realised that the social media space was entering the era of unpredictability and massive change. It is not an overstatement to say that they were right. However, very few realised that not only would Bluesky enter the battle arena not just as a new kid but more importantly, with a momentum. Ever since the announcement of raising another $15 million fund, Bluesky could and can be said to be still growing. That is to say, it’s the metaverse with a growing pace, fast moving times.
Given that he has to scale this mountain in a vertical he shares with Musk’s X – and Threads – I’d say it’s quite an achievement. In fact, the fact that Craft’s company keeps on growing even against these giants is a strong indication that its platform is solid, its strategy well thought-through, and that the timing is great – especially in that post-Musk Twitter moment.
The key to Bluesky’s staying power is its decentralised, user-first mission. At a time when centralisation of control and algorithmic manipulation are making headlines every day, Bluesky’s pledge to decentralise social media is welcomed. It puts users first. The pivot to user-first in an industry that is underwater on trust is an exciting turn of events.
This was a bold move, and one that Bluesky followed up in July with a commitment to launching a paid subscription service. It seems like a brave thing to commit to now, but it shows a belief in Bluesky’s own momentum, and in the quality of what they are offering. Musk’s X has been through a similar cycle, where the promise of a paid model for the far right blew up in its face. But a subscription service will not force Bluesky to become a paywalled service for everyone. It will simply add a few bonuses, and cost money without unfairly skewing the playing field.
For subscribers who worry that paid social media might be unpleasant, Bluesky has an answer: the features planned for paying subscribers – longer video uploads, the ability to customise your feed, giving bad actors less power on Bluesky – aren’t meant to offer a better experience, just a safer and more enriching one. These are not the type of features one would expect as part of a social-media subscription. Prepared to pay for Facebook to be better? Forget it. With Bluesky, they could be.
Upon the launch of Bluesky’s potential for paid subscription model, the question is whether the network can sustain its current trajectory of success. With its user-centric philosophy and its freedom to experiment with novel features, Bluesky is not only riding the wave of its current success but is also catalysing the tides for the future of social media.
Finally, on a note that shows momentum means something more than just growth, let’s clarify what we mean when we talk about momentum in this context. In physics and mechanical engineering, momentum is the measure of force or speed with which something or someone moves – it is about gathering speed and not letting up. When we talk about momentum at Bluesky, we are really talking about the durability, flexibility, and unwavering push towards reinventing social media to benefit all. It is this momentum that got us attention and that is pushing us forward.
In short, the history of Bluesky is not just a story about how the unexpected can succeed, but also a signpost for how new players in the tech landscape can eat incumbents alive, innovate and maintain momentum in the face of adversity. In a user-centric, decentralised world, where the survival of the fittest is at the core of every iteration, Bluesky is more than alive – it’s thriving. It will be fascinating to observe what the future holds for Bluesky, and how industry observers, competitors and users can learn from their story as the digital ecosystem continues to take shape. Will this momentum send Bluesky to the heavens of social media greatness? I guess we’ll just have to wait and see.
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