Skyseed Fund Fuels Bluesky Ecosystem
A new independent $1 million fund called Skyseed has been launched to support developers building on Bluesky's AT Protocol. This fund, spearheaded by open-source advocate Peter Wang, aims to bolster the decentralized social media platform, which boasts 25 million users and serves as an alternative to X (formerly Twitter). Read more about social media platform legal challenges.
Skyseed will provide grants for projects focused on enhancing Bluesky's capabilities. Key areas of interest include data privacy controls for AI, applications for families and local communities, and other innovative tools. This initiative reflects a growing trend of platform-based ecosystems fostering third-party development. Learn more about platform integrations.
While initiated by individuals outside of Bluesky, the fund demonstrates the platform's growing influence and potential for expansion. This community-driven approach aligns with Bluesky's decentralized ethos and open-source foundation. For more on tech investments, see Anthology Fund Fuels 18 AI Startups.