fediverse observer works well , why split the efforts? if someone wants to work on this kind of thing he might as well continue developing the-federation . there was an attempt at a rewrite that seemed to have stopped. python is perceived as a better language so that might justify splitting the effort.

For profit incentives are part of what made open source successful, see red hat and Suse. From what i can tell bluesky is open source and could be forked like what happened with nextcloud and lineageos. blockchain has reasonable applications .

We could use something like codeberg for bluesky, a open source community of developers and donors that could balance the for profit entity.