There’s a conversation happening across Bluesky right now regarding The Metaverse, Decentraland, and VRChat and their longevity. I didn’t realize vrchat was funded purely by venture capitalists right now and I’m not sure if that paints a dark picture for it’s future?

Can someone enlighten me as to whether vrchat is also going to inevitably end up trying to milk every last drop out of it’s users in a twitter or reddit-like death spiral?

I’m trying not to let it get to me but with the current state of various social media and the grips of late stage capitalism, it’s hard to imagine vrchat magically surviving without finding a clever way to monetize that doesn’t alienate us.