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@simondassow this is what we are doing on our greek Firefish server, electricrequiem.com. We are basically an online community that goes back to 2003, we used to run a forum until 2022, when we decided to lock it and start a fedi server. But we are not run by a legal entity, it's all unofficial, we're a group of friends at this point. We have a small technical team and decisions are made by a group. We are 8 people in total atm, sometimes people come, sometimes people go - we try to keep the admin group neither too small, so that decisions are only taken by very few people, nor too big, so that it's difficult to coordinate. We cover the server costs with crowdfunding, and whatever extra money we have we give to solidarity. Our latest donation for example was towards a squat in Athens where many immigrant families live.

We like the concept and it works for us. We have our own social media, no ads, free for everyone, and whoever wants to and has the financial capability, donates. Costs are covered and we can also support some good causes.

Hope this helps!