What’s missing is a monetization strategy. Any social media platform at a scale larger than a small community is going to require some kind of revenue because servers in the basement just aren’t going to cut it for long.
Users might not like ads, but until they are willing to pay for subscriptions, that’s what they’re stuck with.
I wonder what percentage of Lemmy. World users have actually donated. Hopefully it’s sustainable enough that they can do more than pay for servers, but also hire some admins.
I last looked at mastodon years ago, and got bored pretty quickly. It was a nice idea, but lacked…. Something. I came back as a Reddit refugee and found a hashtag for every occasion, a substantially expanded fediverse, and a couple of attempts to offer a Reddit like user experience.
I think that missing something was actually two things: 1. A forum where people can organize around moderated communities 2. (And more importantly) A critical mass of users to generate the content that satiates lurkers