LFGSS and Microcosm shutting down 16th March 2025 (the day before the Online Safety Act is enforced)
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https://www.cbinsights.com/research/report/how-discord-makes-money/
According to Discord CTO and co-founder Stanislav Vishnevskiy, “We have intentionally pursued a business model that does not rely on monetizing our users’ data.” To this end, Vishnevskiy and the rest of the executive team are sure enough of the company’s ability to grow revenue that they turned down a $12B acquisition offer from Microsoft. But the question remains whether Discord’s ad-free model will be able to support further growth and eventual profitability.
Ewww so we end up having our content being monetised by discord instead of protected by Velocio? Great outcome, Offcom