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aboutlo 🎩 🦇🔊 pfp
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@aboutlo
As a Web3 founder or content creator you know how crucial it's to have a distribution channel. Something it's happening here in Farcaster and in other Decentralised Networks that is worth to be explored. My blog post about it: https://ov.click/decentralisednetworks And a thread, of course 😅👇
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@aboutlo
1) Farcaster and Lens ecosystems are breaking traditional social media's walled gardens, enabling portable identities and data ownership. Builders are building directly on top of them rather than starting from scratch. Influencer are tipping their toes in the communities.
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@aboutlo
2) DeSo's permissionless nature allows developers to build without gatekeepers, on top of those protocols, fostering innovation and repeating the "DeFi Lego" success for decentralised social networking.
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@aboutlo
3) Aside from speculation, new monetisation strategies are emerging for both builders and content creators. Token-gated areas, tipping, subscriptions, and incentives empower creators to earn through cryptocurrencies and builders to find new approaches.
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@aboutlo
4) The breakthrough is to give the builders actual open graphs, figure out the scalability issues they are preventing mass adoption and finally have a great UX for the end users.
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@aboutlo
5) Lens, a Polygon-based protocol by the founder of Aave, uses NFTs to manage profiles and a flexible on-chain modular structure, reducing blockchain costs via an Optimistic L3 layer.
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@aboutlo
6) Farcaster, built on Ethereum and Base, combines smart contracts and a peer-to-peer hub network with message validation and peer-to-peer replication. They have been offering a native mobile app for a while and figured out a nice novelty with frames.
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@aboutlo
7) A 'Frame' is an interactive experience that injects custom content into the feed controlled by up to four buttons. Think of it like a dynamic sticker or GIF that lets you program custom micro-moments, including trigger on-chain transactions (e.g. mint, tip, etc.)
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@aboutlo
8) Web3 has the chance to build its own distribution channel with new primitives and by pass the incumbents. Frames and open actions are the best examples of how to empower builders to build new concepts while leveraging the existing infrastructure from the underlying protocols.
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@aboutlo
9) Are you a founder building, exploring, or considering building on the DeSo space? At @outlierventures we are keen on working with founders to build the future of DeSo and would love to chat about how we can work together. PM opens :)
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