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Bluesky raises $15M Series A, plans to launch subscriptions

Decentralized social app Bluesky announced on Thursday that it has raised a $15 million Series A round, following its $8 million seed raise last year.

“In addition, we will begin developing a subscription model for features like higher quality video uploads or profile customizations like colors and avatar frames.” The Bluesky team has been quick to tell users that this paid tier will not be like X, where subscribers get exclusive blue check marks and algorithmic up-ranking, making their posts more visible. “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.

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