2 weeks ago 12

Bluesky tests paid subscription features as social media giant grows

Subscription services have not paid off for other social media companies such as Elon Musk’s X.

Social app Bluesky is working on paid add-on features that would be available to users with a monthly subscription. 

On the developer platform GitHub, the Bluesky team is experimenting with add-ons for which users would pay access.

Such add-on features include a Bluesky profile badge, analytics, longer video uploads, and profile customisations.  

However, Bluesky said on GitHub that it is a user interface mockup and the paid features could change ahead of the launch.

The add-on mockups are priced at $8 (€7.50) per month or $72 per year (€68) for Bluesky+, which could also change. 

Bluesky began in 2019 as a research initiative at Twitter, now called X, and became an independent company in 2021. Bluesky was launched to find a way to remain free to end users without using advertising and has said it does not want to “require selling user data for ads” for monetisation. 

The platform has seen a massive rise in users and a more than 500 per cent increase in usage in the United States in the past few months. It recently passed 20 million users globally, marking a huge jump from the 9 million global users it had in September.  

“Subscriptions are the first step,” Bluesky’s CEO Jay Graber told Wired last week in an interview. 

However, bets on paid subscription-based models have not paid off for other social media companies. 

Elon Musk has tried to increase paid subscriptions with X Premium and reduce the platform’s dependence on advertising revenue.

However, according to a report in October by app intelligence firm Appfigures, X has pulled in around $200 million (€190 million) in in-app purchase revenue across iOS and Android since the 2021 subscription launch, then called Twitter Blue. 

Bluesky’s CEO also recently hinted at a TechCrunch event that there could be other revenue efforts such as selling domain names, a marketplace of algorithms, and even potentially selling adverts. 

Read this article on source website