There is a difference between providing services to fund development and "We take VC capital now and try to make it profitable later", which just invites enshittification.

Also Matrix is much better federated than BS + everything is open and was so for a long time

[–] poVoq@slrpnk.net 4 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Slightly better you mean. 30% is on matrix.org and an estimated 70% runs on servers provided by EMS (this figure includes matrix.org).

And Matrix is also VC funded. They have some other income yes, but it is insufficient to fund many of their current activities. As a result enshittification is already happening.

Matrix is basically the Bluesky of chat. If you want an Fediverse equivalent have a look at XMPP/Jabber.

[–] alsaaas@lemmy.dbzer0.com 4 points 3 weeks ago (1 children)

Matrix.org is VC funded (which is why it will go freemium soon AFAIK) and not 99% is on Matrix.org as you mentioned

I can freely and easily federate with any other homeserver to matrix.org

[–] irelephant@lemmy.dbzer0.com 1 points 3 weeks ago

I can freely and easily federate with *.bsky.network and bsky.app.

[–] Kirk@startrek.website 3 points 2 weeks ago

Don't let them distract with with the "whattabout matrix". The Matrix Foundation is not a social media company, and furthermore it's a nonprofit.