Mastodon (fediverse)

Federated microblogging with no single owner; rough edges, but user surplus and exit to other instances is real.

User surplus Stage 1

The product is genuinely good for users; growth and goodwill are the priority.

The fediverse model spreads power across instances and protocols. The product is uneven, yet users retain meaningful choice: different communities, moderation styles, and the ability to move. That keeps it closer to stage 1—value for users is still the main story, even as some large instances professionalize.

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