@TransitBiker@urbanists.social so, it's very vague, but it's basically a foundation that's supposed to be the official "decision makers" on AP, the protocol that runs the Fediverse.

The worrying thing, is that their board of advisors are big companies like Meta and Automattic, who both have massive financial incentives to change things for their benefit.

@TransitBiker@urbanists.social I'm still digging my heels into it right now. From the surface it seems very suspicious and financially motivated centralization of a decentralized platform, which is not good.

However, there may be some underlying bright side.

I'll have to get back to you with my full thoughts once I wrap my head around it all.