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  3. Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year?

Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year?

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bluesky
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  • _elena@mastodon.social_ _elena@mastodon.social

    @benroyce @mat tangentially related but I'm beginning to think that maybe the whole point of the ATmosphere being open is to find a way to capture billions of data points for profiling / monetization purposes? I know everything is public here too, but the language of their press release gave me the creeps.

    I may start referring to them as Blue$ky and the ATmo$phere.

    I mean what's the draw otherwise for VCs and crypto bros?

    stefan@stefanbohacek.onlineS This user is from outside of this forum
    stefan@stefanbohacek.onlineS This user is from outside of this forum
    stefan@stefanbohacek.online
    wrote sidst redigeret af
    #45

    @_elena

    I've been feeling this way myself. A lot of what ATProto does well can be implemented in the fediverse, from what I've been reading, there's just not enough funding to get it done fast enough.

    @benroyce @mat

    mariusor@metalhead.clubM 1 Reply Last reply
    0
    • stefan@stefanbohacek.onlineS stefan@stefanbohacek.online

      @_elena

      I've been feeling this way myself. A lot of what ATProto does well can be implemented in the fediverse, from what I've been reading, there's just not enough funding to get it done fast enough.

      @benroyce @mat

      mariusor@metalhead.clubM This user is from outside of this forum
      mariusor@metalhead.clubM This user is from outside of this forum
      mariusor@metalhead.club
      wrote sidst redigeret af
      #46

      @stefan frankly I don't think that migrating from URLs to DIDs as identifiers would still qualify as the same protocol in the case of ActivityPub.

      So, if ActivityPub is the main component of the Fediverse - which it is for me - I don't think we'll be able to reproduce _all_ the functionality ATProto has.

      @_elena @benroyce @mat

      stefan@stefanbohacek.onlineS benroyce@mastodon.socialB 2 Replies Last reply
      0
      • mariusor@metalhead.clubM mariusor@metalhead.club

        @stefan frankly I don't think that migrating from URLs to DIDs as identifiers would still qualify as the same protocol in the case of ActivityPub.

        So, if ActivityPub is the main component of the Fediverse - which it is for me - I don't think we'll be able to reproduce _all_ the functionality ATProto has.

        @_elena @benroyce @mat

        stefan@stefanbohacek.onlineS This user is from outside of this forum
        stefan@stefanbohacek.onlineS This user is from outside of this forum
        stefan@stefanbohacek.online
        wrote sidst redigeret af
        #47

        @mariusor

        Right, I didn't say all of it, so I don't disagree. But we can definitely fix all the major issues people have with the fediverse in some way.

        @_elena @benroyce @mat

        javascript@app.wafrn.netJ 1 Reply Last reply
        0
        • tedmielczarek@mastodon.socialT tedmielczarek@mastodon.social

          @_elena all the startups I've worked for have blasted out press releases the moment their funding rounds closed. Part of being a startup means constantly vying for attention. This explanation does not hold up.

          wjmaggos@liberal.cityW This user is from outside of this forum
          wjmaggos@liberal.cityW This user is from outside of this forum
          wjmaggos@liberal.city
          wrote sidst redigeret af
          #48

          @tedmielczarek @_elena

          Is there any requirement to make it public within 1 year? otherwise I wonder why they're announcing it at all.

          1 Reply Last reply
          0
          • mariusor@metalhead.clubM mariusor@metalhead.club

            @stefan frankly I don't think that migrating from URLs to DIDs as identifiers would still qualify as the same protocol in the case of ActivityPub.

            So, if ActivityPub is the main component of the Fediverse - which it is for me - I don't think we'll be able to reproduce _all_ the functionality ATProto has.

            @_elena @benroyce @mat

            benroyce@mastodon.socialB This user is from outside of this forum
            benroyce@mastodon.socialB This user is from outside of this forum
            benroyce@mastodon.social
            wrote sidst redigeret af
            #49

            @mariusor @stefan @_elena @mat

            mastodon was playing around with DIDs at some point

            you can find references to it in the documentation (deprecated now for a long time)

            example:

            https://docs.joinmastodon.org/entities/IdentityProof/

            not sure why they abandoned it

            maybe because DID just isn't there yet

            mariusor@metalhead.clubM 1 Reply Last reply
            0
            • _elena@mastodon.social_ _elena@mastodon.social

              Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

              But something is fishy.

              Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

              Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

              Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

              benjamineskola@hachyderm.ioB This user is from outside of this forum
              benjamineskola@hachyderm.ioB This user is from outside of this forum
              benjamineskola@hachyderm.io
              wrote sidst redigeret af
              #50

              @_elena Yeah, I don't believe this for one minute.

              Considering what a big deal it is for most companies to successfully raise VC money, they want us to believe that it wasn't important enough to make time to announce it? Any other company would drop everything to shout it from the rooftops.

              And a funding round is a significant amount of work already, so are we supposed to believe that after all that work they had to put into it, they didn't schedule time to even do the tiniest announcement about it?

              And like, I would have guessed that the VC firm itself also has PR people whose job it would be to help out with that, and they were still too busy? No.

              1 Reply Last reply
              0
              • stefan@stefanbohacek.onlineS stefan@stefanbohacek.online

                @mariusor

                Right, I didn't say all of it, so I don't disagree. But we can definitely fix all the major issues people have with the fediverse in some way.

                @_elena @benroyce @mat

                javascript@app.wafrn.netJ This user is from outside of this forum
                javascript@app.wafrn.netJ This user is from outside of this forum
                javascript@app.wafrn.net
                wrote sidst redigeret af
                #51

                yeah actually the concept of DID as decentralized identifiers can have its equivalent in the Portable Objects Proposal described here: https://codeberg.org/fediverse/fep/src/branch/main/fep/ef61/fep-ef61.md

                This is just more complex to do in an ecosystem like the fediverse where implementations are (and have been for a long time) less standarized

                mariusor@metalhead.clubM 1 Reply Last reply
                0
                • ainmosni@social.ainmosni.euA ainmosni@social.ainmosni.eu

                  @_elena @patpro Indeed, but do we need a European SlopHub if @Codeberg already exists?

                  otfrom@functional.cafeO This user is from outside of this forum
                  otfrom@functional.cafeO This user is from outside of this forum
                  otfrom@functional.cafe
                  wrote sidst redigeret af
                  #52

                  @ainmosni @_elena @patpro @Codeberg we do need something like 50 to 500 codebergs

                  1 Reply Last reply
                  0
                  • benroyce@mastodon.socialB benroyce@mastodon.social

                    @mariusor @stefan @_elena @mat

                    mastodon was playing around with DIDs at some point

                    you can find references to it in the documentation (deprecated now for a long time)

                    example:

                    https://docs.joinmastodon.org/entities/IdentityProof/

                    not sure why they abandoned it

                    maybe because DID just isn't there yet

                    mariusor@metalhead.clubM This user is from outside of this forum
                    mariusor@metalhead.clubM This user is from outside of this forum
                    mariusor@metalhead.club
                    wrote sidst redigeret af
                    #53

                    @benroyce I wasn't speaking of Mastodon because they barely do any effort into being a spec compliant ActivityPub service...

                    @stefan @_elena @mat

                    benroyce@mastodon.socialB 1 Reply Last reply
                    0
                    • mariusor@metalhead.clubM mariusor@metalhead.club

                      @benroyce I wasn't speaking of Mastodon because they barely do any effort into being a spec compliant ActivityPub service...

                      @stefan @_elena @mat

                      benroyce@mastodon.socialB This user is from outside of this forum
                      benroyce@mastodon.socialB This user is from outside of this forum
                      benroyce@mastodon.social
                      wrote sidst redigeret af
                      #54

                      @mariusor @stefan @_elena @mat

                      not in an effort to start a fight but just divulging my honest views on the topic:

                      so fucking what

                      just build shit

                      the spec can follow behind later

                      waiting for perfect spec structuring before doing anything is an exercise in inertia

                      mariusor@metalhead.clubM 1 Reply Last reply
                      0
                      • _elena@mastodon.social_ _elena@mastodon.social

                        Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

                        But something is fishy.

                        Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

                        Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

                        Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

                        A This user is from outside of this forum
                        A This user is from outside of this forum
                        amoshias@esq.social
                        wrote sidst redigeret af
                        #55

                        @_elena oh, Mike. oh, oh, oh, Mike.

                        I like the guy and appreciate what he does but just...

                        this isn't a thing.

                        does he think all the other companies are just sitting around eating bonbons, and this one specific company is busy?

                        1 Reply Last reply
                        0
                        • javascript@app.wafrn.netJ javascript@app.wafrn.net

                          yeah actually the concept of DID as decentralized identifiers can have its equivalent in the Portable Objects Proposal described here: https://codeberg.org/fediverse/fep/src/branch/main/fep/ef61/fep-ef61.md

                          This is just more complex to do in an ecosystem like the fediverse where implementations are (and have been for a long time) less standarized

                          mariusor@metalhead.clubM This user is from outside of this forum
                          mariusor@metalhead.clubM This user is from outside of this forum
                          mariusor@metalhead.club
                          wrote sidst redigeret af
                          #56

                          @javascript I thought I was pretty clear in my initial statement: if DIDs are used as primary identifiers for objects, the resulting specification is no longer ActivityPub.

                          Unless the SocialCG comes up with ActivityPub 2.0 that has DID as identifiers, I wouldn't call the implementations that use that FEP as ActivityPub compliant.

                          @_elena @benroyce @stefan @mat

                          1 Reply Last reply
                          0
                          • _elena@mastodon.social_ _elena@mastodon.social

                            @benroyce @mat tangentially related but I'm beginning to think that maybe the whole point of the ATmosphere being open is to find a way to capture billions of data points for profiling / monetization purposes? I know everything is public here too, but the language of their press release gave me the creeps.

                            I may start referring to them as Blue$ky and the ATmo$phere.

                            I mean what's the draw otherwise for VCs and crypto bros?

                            jaypeach53@mastodon.socialJ This user is from outside of this forum
                            jaypeach53@mastodon.socialJ This user is from outside of this forum
                            jaypeach53@mastodon.social
                            wrote sidst redigeret af
                            #57

                            @mat @_elena @benroyce B$ky is BullShit.

                            1 Reply Last reply
                            0
                            • benroyce@mastodon.socialB benroyce@mastodon.social

                              @mariusor @stefan @_elena @mat

                              not in an effort to start a fight but just divulging my honest views on the topic:

                              so fucking what

                              just build shit

                              the spec can follow behind later

                              waiting for perfect spec structuring before doing anything is an exercise in inertia

                              mariusor@metalhead.clubM This user is from outside of this forum
                              mariusor@metalhead.clubM This user is from outside of this forum
                              mariusor@metalhead.club
                              wrote sidst redigeret af
                              #58

                              @benroyce maybe you want to look through my post history before giving me advice to build shit. I'm not speaking from a point of ignorance.

                              The reason why some of us are trying to stick to the specification is to maximize compatibility between implementations. Each project adding their little flavour of functionality before even bothering to have a solid common foundation is detrimental to the health of the ecosystem as a whole.

                              @stefan @_elena @mat

                              benroyce@mastodon.socialB 1 Reply Last reply
                              0
                              • markmetz@sfba.socialM markmetz@sfba.social

                                @_elena
                                Thanks for highlighting this.
                                Bsky smells of narrative capture to me, much like Substack, (who are now teaming up with prediction markets)

                                bazkie@beige.partyB This user is from outside of this forum
                                bazkie@beige.partyB This user is from outside of this forum
                                bazkie@beige.party
                                wrote sidst redigeret af
                                #59

                                @markmetz @_elena what's narrative capture?

                                1 Reply Last reply
                                0
                                • mariusor@metalhead.clubM mariusor@metalhead.club

                                  @benroyce maybe you want to look through my post history before giving me advice to build shit. I'm not speaking from a point of ignorance.

                                  The reason why some of us are trying to stick to the specification is to maximize compatibility between implementations. Each project adding their little flavour of functionality before even bothering to have a solid common foundation is detrimental to the health of the ecosystem as a whole.

                                  @stefan @_elena @mat

                                  benroyce@mastodon.socialB This user is from outside of this forum
                                  benroyce@mastodon.socialB This user is from outside of this forum
                                  benroyce@mastodon.social
                                  wrote sidst redigeret af
                                  #60

                                  @mariusor @stefan @_elena @mat

                                  i don't give a shit about your post history. i have no doubt you're quite knowledgeable and i don't think you're ignorant at all

                                  but i think "stick to the spec" is purposeful impotence

                                  just build shit and fuck the spec. the spec can follow along later, and if a feature is useful and popular, other projects can copy it

                                  nevermind that demanding spec authority in a decentralized system is a fool's errand

                                  just do whatever the fuck you want, fuck specs

                                  1 Reply Last reply
                                  0
                                  • _elena@mastodon.social_ _elena@mastodon.social

                                    @benroyce @mat tangentially related but I'm beginning to think that maybe the whole point of the ATmosphere being open is to find a way to capture billions of data points for profiling / monetization purposes? I know everything is public here too, but the language of their press release gave me the creeps.

                                    I may start referring to them as Blue$ky and the ATmo$phere.

                                    I mean what's the draw otherwise for VCs and crypto bros?

                                    wjmaggos@liberal.cityW This user is from outside of this forum
                                    wjmaggos@liberal.cityW This user is from outside of this forum
                                    wjmaggos@liberal.city
                                    wrote sidst redigeret af
                                    #61

                                    @_elena @benroyce @mat

                                    imo we should think of social media (the social news feed ala bluesky and mastodon etc) as totally public like blogs you can boost. that's different than messaging and groups that need privacy, what I call social networking.

                                    I think bluesky's goal is to be the Google/Gmail of all of social media. "it's open so you could use other services but we make it easy and provide a better experience." the way the app view works makes that possible unlike how AP works. enshittify.

                                    1 Reply Last reply
                                    0
                                    • tedmielczarek@mastodon.socialT tedmielczarek@mastodon.social

                                      @_elena all the startups I've worked for have blasted out press releases the moment their funding rounds closed. Part of being a startup means constantly vying for attention. This explanation does not hold up.

                                      abucci@buc.ciA This user is from outside of this forum
                                      abucci@buc.ciA This user is from outside of this forum
                                      abucci@buc.ci
                                      wrote sidst redigeret af
                                      #62
                                      @tedmielczarek@mastodon.social @_elena@mastodon.social I have had the same experience. I co-founded a startup in 2016 that managed to secure a funding round, and the VCs themselves were giddy about announcing it as widely as possible. I've consulted for startups both before and after that, and as far as I'm aware every one of them that secured funding rapidly announced it. This explanation from Bluesky does not pass a basic smell test.
                                      1 Reply Last reply
                                      0
                                      • tedmielczarek@mastodon.socialT tedmielczarek@mastodon.social

                                        @_elena all the startups I've worked for have blasted out press releases the moment their funding rounds closed. Part of being a startup means constantly vying for attention. This explanation does not hold up.

                                        hipsterelectron@circumstances.runH This user is from outside of this forum
                                        hipsterelectron@circumstances.runH This user is from outside of this forum
                                        hipsterelectron@circumstances.run
                                        wrote sidst redigeret af
                                        #63

                                        @tedmielczarek @_elena series B is one of the stages that represents a categorical step up in financing and control structures. series G like sure at that point people tend to stop counting but B is still a champagne event

                                        1 Reply Last reply
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                                        • nickapos@mastodon.oncrete.ukN This user is from outside of this forum
                                          nickapos@mastodon.oncrete.ukN This user is from outside of this forum
                                          nickapos@mastodon.oncrete.uk
                                          wrote sidst redigeret af
                                          #64

                                          @benroyce @_elena Yeah i completely agree

                                          1 Reply Last reply
                                          0
                                          • folfdk@helvede.netF folfdk@helvede.net shared this topic
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