Twitter Competitor Bluesky to Start Selling Custom Domains to Remain Ad-Free (1.Viewing)

SEATTLE, WA – In the shadow of the impending launch of Meta’s new Twitter competitor, Threads, another rival of the microblogging social media platform – Bluesky – announced on Wednesday that it has acquired $8 million in new funding in addition to implementing a new change to their business model- selling custom domains in a bid to keep the service ad-free for its user base.

In a blog post, Bluesky noted that they had raised additional seed funding following its conversion from a public benefit LLC to a public benefit C Corp this summer; they also revealed that they will be offering a new paid service that will provide custom domains for their customers who want to use them as their screennames on the social media platform.

Read more: Twitter Competitor Bluesky to Start Selling Custom Domains to Remain Ad-Free | Strategic Revenue - Domain and Internet News

I was going to say its probably similar to Twitter with Twitter.com/user but since they are using namecheap it has to be something else. Also since it's going to be their only source of income I wonder if there is a markup on the yearly renewal fee so BlueSky continues to make money.

There are a lot of questions with this motto and it will be interesting to see how it pans out.