SevenX Ventures Announces Investment in Bluesky, a Next-Generation Social Platform

On October 25th, SevenX Ventures announced that it has invested in Bluesky, a next-generation social platform that aims to build a social media that is free from control by a single company, protects freedom of speech, is resistant to regulation and censorship, and is open to protocolization and ecology. Currently, Bluesky has surpassed 13 million users.

SevenX said it is optimistic about Bluesky's potential as a protocolized social media and to expand developers and allow developers to compete widely in the most efficient way, which will give rise to a large number of high-quality and innovative projects and lead to a truly open and high-quality ecological development. As an investor, SevenX says it will also continue to empower Bluesky in terms of ecological construction and economic modeling.