In the last few months i really gotten into the whole Fediverse thing, but i noticed that, despite it being the most popular Social Media Platform, there isn’t a TikTok alternative. I know there is Loops, but it’s not open source or federated yet, so it’s not really an option. Why is that?
Most of the content on TikTok is created by people because they want to earn money with it. But most of it isn’t content which would make it possible to build up a supporter base through Patreon, OnlyFans etc. So where is the money going to come from to attract such content creators to a potential Fediverse TikTok alternative?