Farcaster

A lot of chatter recently about Farcaster, marketing and expanding beyond crypto

I have yet to see a crisp definition of:

1. What problem does Farcaster solve for people outside of crypto today?

2. What evidence exists that existing  at-scale free social networks and paid creator tools / platforms are insufficient in serving these people?

3. Assuming this population exists, what channel (i.e. tactics) do you market Farcaster to said people?

I'm not asking for free work, fwiw. It's our job to figure to this out (we don't have an answer for this question ourselves). 

But hiring a "marketing team" when you don't have an answer to this question is not going to solve the problem.

Marketing works great when you have a clear value prop and target market and channel.

Help me, Please!

https://t.me/dogshouse_bot/join?startapp=EwGrO9H1RlSgdBD96Ot_FQ

$DEGEN

im a big fan of the recent degen tipping changes

1. deriving tipping allowance from a combo of locking the token and the social graph strength feels like a really elegant solution to reward people with real skin in the game

2. it's much less farmable, yet the numbers are still really solid (~300 APY atm)

3. degen tipping remains the best growth strategy on farcaster — lots of supercast users got more in degen tips than they ever paid for supercast

4. it's not clear yet, but the branding really improves — i was disappointed with the ai images and begging meta before. Now the vibe it's closer to actually rewarding valuable contributions to the network.

5. having a predictable emission budget is great too and makes the token much more sustainable over the long run

im currently locking 500k degen and will look later how can i bring it to the max 10k allo

imo @jacek did a great job with this one — im excited to release more degen related features in supercast soon :)

Appreciate the love from @woj.eth and @supercast! What he’s building is really special. Also, impressed to learn the current APY is 300% for Locked Degen holders! You get this as tip allowances, not direct interest, but still, a huge return!

customer support @supercast

trying to sound smart /doingnumbers

https://supercast.xyz get the most out of farcaster

My hot take re "too much investment in infra": there's too much investment in *some kinds of infra* and not enough in others, and what's actually going on is, people want to invest in "the casino" but still feel good about themselves, so they invest in the subset of infra that gets spillover profits from the casino.

Founders

Hi Casters. A few weeks ago I wrote an email to a founder preparing for his first board meeting. I decided to share it with everyone and did that today https://avc.xyz/board-meeting-suggestions

Here's a slide library for board deck slides I came up with while I was at Coinbase (Fred was on the board).

The "Top of mind" slide ended up being useful for framing the discussion. 

Slide library here:
https://docs.google.com/presentation/d/1q1rtVBVBTc-NkjAlkr1RyTChYZNXvnDOr4Y3Nrwi8T0/edit?usp=sharing

Airvalent CO2 monitors.

https://airvalent.com/

Exciting to see how small these are getting, similar size to apple airpods case. Looking forward to seeing this tech ~1-3 versions from now, where air quality monitoring can just be part of a smartwatch.

Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times

https://vitalik.eth.limo/general/2024/06/30/epochslot.html

We back bold entrepreneurs building the next internet. 
a16zcrypto.com/

It's really underrated how 4 years ago the worst ethereum UX problem was that transactions would often take like 10 min to confirm if you get unlucky with the gasprice, and that problem just completely went away with EIP-1559. Today transactions reliably confirm in 5-20 seconds.

It's really underrated how 4 years ago the worst ethereum UX problem was that transactions would often take like 10 min to confirm if you get unlucky with the gasprice, and that problem just completely went away with EIP-1559. Today transactions reliably confirm in 5-20 seconds.

https://x.com/post_polar_/status/1803406902430236907

Thai Thanh Binh

@alexnguyen90