I think “hundreds of thousands and even millions” is a bit of a stretch. Wikimedia’s annual report mentions donors at a level of “$50,000+”, and I’m guessing most of those are probably closer to 50,000 than to 100,000. Tbf I suppose that’s over just one year, so perhaps your statement isn’t entirely inaccurate.
Why shouldn’t the donation model keep working? Wikipedia works on donations, why can’t the fediverse?
Wikipedia had big donors who can donate hundred thousands of dollars and even millions
I think “hundreds of thousands and even millions” is a bit of a stretch. Wikimedia’s annual report mentions donors at a level of “$50,000+”, and I’m guessing most of those are probably closer to 50,000 than to 100,000. Tbf I suppose that’s over just one year, so perhaps your statement isn’t entirely inaccurate.