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Gfycat is shutting down September 1st
(gfycat.com)
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this post was submitted on 02 Jul 2023
646 points (97.9% liked)
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I mean, how can you monetize free image hosting?
Not in a greedy capitalist way, but simply paying for servers, developers and coffee. There's hardly any revenue stream in image hosting. So a pivot to a more social media like site makes sense.