news 
Bridgy Fed, a project to connect the open social web, is now becoming a nonprofit
In a significant move, Bridgy Fed, a pioneering effort aimed at connecting the open social web, has decided to transform into a nonprofit entity. This decision marks a pivotal moment in the evolution of this ambitious endeavor.
As the organization will continue to work on its flagship project, it has made sure that key players in the industry, including Bluesky, Flipboard, Meta, and Mastodon, are fully on board with its objectives before embarking on this new chapter. This crucial step ensures a unified effort towards fostering collaboration and cooperation within the open social web.
The organization’s leadership is optimistic about the future and believes that by becoming a nonprofit, it will be better equipped to focus on building connections across different platforms, ultimately creating an environment where users can seamlessly interact with one another.
Furthermore, A New Social will initially concentrate its efforts on bridging the gap between existing open social web projects like Bridgy Fed and raising funds via various means such as crowdfunding, grants, and investments from industry partners.
Source: techcrunch.com
