This is why I have been trying to warn about #BlueSky.
BlueSky has just been partially bought by a cryptocurrency company "Blockchain Capital" and appointed a blockchain / cryptocurrency expert to their board:
https://bsky.social/about/blog/10-24-2024-series-a
The board member is a bitcoin researcher involved with NFT analytics.
BlueSky describe the tie-up with Blockchain Capital as a "natural partnership" and says the blockchain company has "a uniquely deep understanding of our decentralized foundation".
(via @jwz)
@FediTips Important context though:
This does not change the fact that the Bluesky app and the AT Protocol do not use blockchains or cryptocurrency, and we will not hyperfinancialize the social experience (through tokens, crypto trading, NFTs, etc.).
I don't like it either but I think it's important that people understand that Bluesky isn't running on the blockchain or going to implement NFTs.