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How so? I've been looking it over, and it doesn't seem to have any of the enshittification I've seen all over Facebook (let alone Xitter, which is made entirely of festering anus now).
They just did another VC financing round and are now partially owned by "Blockchain Capital".
https://universeodon.com/@cryptadamist/113472115447080382
As for the site itself, I don't think it's at the enshitification phase yet.
Jesus fucking Christ. This should be the top comment people read.
They don't like that it's not mastodon, therefore it is "going to shit".
ads, eye-ball algorithm, data sales - looks like you love the trifecta of feces. sure you ain't a fly?
Well the obvious one is that they refuse to federate. That inevitably means they have plans to commercialize the platform and want to stay in control. But also little things like the fact that you cant view "age restricted" content without an account. Maybe they will stay somewhat nice for a while but in the end its always the same and there will be nothing you can do about it because they have complete control of the platform and the followers.