this post was submitted on 15 Sep 2021
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Asklemmy
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See my comment above, to the best of my knowledge (and I somewhat know the developer) Snikket has only received funding from NLnet (a non-profit Netherlands based foundation in charge of the .nl domains) that was part of a larger grant by the EU Commission. That is about as non-shady as it gets and by the way the same as Lemmy has got. Otherwise the Snikket developers try to establish a hosting service, but AFAIK funding is tight as the above mentioned grant will end soon.
In any case, this is a faaaar cry from crypo-currency and venture capital funding that New Vector / Matrix has received (both in quantity and quality), so I don't think it is fair to put them in the same bucket.