Matrix isn't going freemium, the matrix.org server is to pay for all the hosting costs. But there are tons of other servers to choose from.
I'm a techy person with my own home server and lots of self hosted services, and I'm still not sure how to set up XMPP and figure out which servers and which clients all support which features, and which of the various encryption methods to pick from.
Matrix was easier to set up and I ran one for awhile, because at least it's not as crazy fragmented.