Bluesky's Growth Soars with $15M Funding and New Features

The social media platform plans to introduce subscriptions and creator payments without prioritizing paid users.

Bluesky has raised $15 million in a Series A funding round led by Blockchain Capital, boosting its development capabilities.
The platform has experienced rapid growth, reaching 13 million users, partly due to dissatisfaction with changes on Elon Musk's X.
Bluesky plans to introduce a premium subscription offering higher-quality video uploads and profile customization, while ensuring no preferential treatment for paid users.
The company is developing a payment system to support creators, aiming to provide voluntary monetization options without exploiting user data.
Despite involvement from a crypto-focused investor, Bluesky assures users that it will not incorporate blockchain or cryptocurrency elements into its platform.