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How are lemmy and other fediverse platforms profitable?

Reddit migrator here (shocking, I know)

Just wondering because I found out about all this yesterday and just realized the ammount of independent servers, but no sign of any ads or sponsors. So... is it all based on donations?

Also don't just lurk, if you know you should answer because lemmy only counts users who posted or commented as active users.

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  • It takes money to run, but it doesn't need money to "be".

    Imagine a group of people rent a building to hang out in; of you're a regular you chip in some bucks. Lots of people, a few bucks each, roof over your head.

    Get out of that "free" mindset. It was a trap all along. Some of us old pharts have known this, some of us (not me) have been coding stuff like Lemmy and other open software all along.

    Right away i knew Lemmy.world was viable; I'm gladly paying 5 bucks/mo! No ads! No corporate extraction of personal data!

    Hell, pay TWO bucks a month. Seriously wtf 2 bucks you could lose and not notice.

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