I’m really enjoying lemmy. I think we’ve got some growing pains in UI/UX and we’re missing some key features (like community migration and actual redundancy). But how are we going to collectively pay for this? I saw an (unverified) post that Reddit received 400M dollars from ads last year. Lemmy isn’t going to be free. Can someone with actual server experience chime in with some back of the napkin math on how expensive it would be if everyone migrated from Reddit?
Wikipedia is the 7th most visited website in the world, more popular than Amazon, TikTok, even PornHub. It’s not funded by advertisers or other bullshit - rather through reader donations.
With that said, Wikipedia is still centralized content whereas Lemmy isn’t. Meaning there’s fewer expenses and pressure on any one instance or server to succeed. And if one instance or server doesn’t succeed, your access to the Federation is far from over.
Wikipedia is set up as a nonprofit. They have annual fundraising drives asking their users for money. They also have an endowment and receive grants.
A donation drive could be a good model but the decentralized nature of the platform would complicate things.