Blue Sky attracts $15 million in Series A investment

Social network platform Bluesky announced on October 24 that it had attracted a $15 million Series A investment.
The round of investments includes Blockchain Capital, Alumni Ventures, True Ventures, SevenX, and Dark Mode's Amir
A number of other investors participated, including Shevat and Kubernetes co-founder Joe Beda. Blue Sky is also investing in AT Protocol (AT
The company aims to further expand the development ecosystem of the Blockchain Protocol and grow it into a user-driven, safe and open social network ecosystem.
Kinjal Shah, a partner at Blue Sky Capital, will join the company's board of directors to help grow the decentralized social media ecosystem.
Kinjal Shah has a deep understanding of Blue Sky's goal of building a user-centric social media network, and we are looking forward to working with him.
Blue Sky will use this funding to grow its user community, strengthen trust and safety, and further develop its
The company plans to further expand support for its members. It also plans to introduce new subscription models, including HQ video uploads and profile customization features.
Kai values freedom of information and communication, and maintains the policy of always providing basic services free of charge.
Blue Sky also plans to provide a channel for users to earn profits through the service. Blue Sky said it is developing a payment service that will allow users to sponsor their favorite creators and projects.
Since its last seed investment, Blue Sky has surpassed 1 million invitation-based users and has now grown to over 13 million users worldwide.
These users, who come from various countries including South Korea, Canada, and Germany, will enjoy the right to choose their own algorithms through recently added features such as customized feeds.
Blue Sky is a company that develops events apps such as "Smoke Signal," web forum "Front Page," and audio app "Blue Cast" with karaoke functionality.
He explained that various independent apps, such as LINE ONE, are being actively developed in the development ecosystem. These independent apps are expected to grow further through monetization methods such as subscriptions and creator support.
While traditional social media platforms continue to operate in a closed manner, Blue Sky aims to create an open social network that gives back choice and authority to users.
We are working to build a network that can