Wired: Twitter Alternative Spoutible Is Running Out Of Cash
According to Wired, Spoutible (a Twitter alternative) is running out of money.
In one of our final conversations, Bouzy admitted to me that Spoutible’s cash reserves are dwindling: Though the platform has been asking users for donations of $5 and up, he estimated that he had only enough money to keep going for two to three more months. But he added that advertisements are on the way and that he expects user registrations to skyrocket once the mobile app is finally launched. (Wired)
If true then that is not surprising, as running a social network is very expensive (especially if most of the users are uploading media content).
Although there are numerous sites attempting to become the new Twitter alternative, truthfully very few will be able to fill this role. I do believe that once Instagram launches their Twitter killer, that most Twitter alternatives not based upon ActivityPub will probably fade away.
Discovered via @EwwwAmberlyn36@twitter.com & @NatetheLawyer@twitter.com
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