this post was submitted on 09 Jun 2023
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It's the only one I've heard of so I'd assume so but I'm also curious to know the answer to your question too.
It's definitely one of the ones with the most promise. I say "one of the ones" because there's also kbin and it literally doesn't matter which one you use, you get the same content. Any new fediverse reddit-like that pops up is also swimming in the same stream, can only compete on features and administration, not on content lock-in. The fediverse is pretty dope.
One doesn't even need to "win" if they're all interoperable. Kinda like picking your favorite 3rd party Reddit app. Reading and replying to you from Kbin right now, actually.