I believe yes. I'm struggling to find anything they do differently from Bluesky, protocol-wise. Oh, they do the key stuff using Pkarr instead of a centralized key directory controlled by a company, that might be the only difference.

If you think that companies making open source software is a non-starter, I hope you aren't using any corporate open-source software! Is it even possible? Our team does hail from more than 16 countries!

That's not what I said... I just don't trust your company on building anything. Something is only decentralized when multiple teams reimplement the full stack from scratch. Until that happens, you are not a protocol, you are just a platform. And platforms suck.