PANews reported on October 25 that SevenX Ventures announced its investment in Bluesky, a new generation social platform. The platform aims to build a social media that is not controlled by a single company, protects freedom of speech, resists regulation and censorship, and is open, protocol-based, and ecological. Currently, Bluesky has more than 13 million users.

SevenX said that it is optimistic about Bluesky's potential as a protocol-based social media, and will expand developers in the most efficient way and allow developers to compete widely, thereby giving birth to a large number of high-quality innovative projects and bringing about truly open and high-quality ecological development. As an investor, SevenX said that it will continue to empower Bluesky in terms of ecological construction and economic models.