They print shitcoins and sell them to dummies.
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That's the problem: it does not make money.
The fediverse mean that the different instances can federate, but every instance after all still has its server and its expenses just like every web service since... always. Forums, chats, socials...
So far donations or pro bono from whoever is managing an instance, but unluckily this is not sustainable if user number skyrocket.
A way would be to somehow make everything p2p but I don't even know if it's possible for what is needed.
I'd be surprised if the donations cover the cost of the servers. It's pretty much run entirely on the goodwill of the server owner