JACK DORSEY EXITS BLUESKY BOARD 

Jack Dorsey has stepped down from the board of the decentralized social media platform Bluesky, a project he initiated and supported financially while serving as CEO of Twitter.

Bluesky announced Dorsey’s departure in a May 5 post on their platform, stating they are now looking for a new board member and expressing gratitude for Dorsey’s contributions to the launch and funding of the project.

The news of his departure followed Dorsey’s brief response of “no” to an inquiry on X about whether he remained on Bluesky’s board. The reasons behind his exit have not been disclosed by either Dorsey or Bluesky, and Bluesky has not immediately replied to requests for comment.

In related activities, Dorsey was active on X promoting grants for open interest protocols and referring to the platform, now owned by Elon Musk, as “freedom technology.”

According to the social media monitoring account Big Tech Alert on X, Dorsey has recently unfollowed more than 2000 individuals, narrowing his follow list down to just three notable figures: Musk, Stella Assange—the wife of the incarcerated WikiLeaks founder Julian Assange—and Edward Snowden, the NSA contractor who became a whistleblower.

This situation has spurred discussions about Dorsey’s current relationship with Musk, especially since he has kept Musk on his follow list and continued to endorse X, hinting at a possible reconciliation. This is in stark contrast to April 2023, when Dorsey criticized Musk’s management of X on Bluesky, as reported by TechCrunch.

Dorsey first announced the creation of Bluesky in late 2019 during his tenure as Twitter’s CEO. He described the initiative as a small, independent team tasked with developing an open and decentralized standard for social media. Bluesky launched its beta in March 2023 and became open to all users on February 7, 2024, currently boasting approximately 5.6 million users according to its own statistics.

Read more from the blog

News

3 May 2023

StoneBlock CEO: Nervous investors will be eliminated from the market

News

16 May 2024

MASTERCARD LAUNCHES NEW BLOCKCHAIN STARTUP PROGRAM 

News

16 May 2024

BITCOIN HITS $64.7K AS US CORE INFLATION DIPS