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Dan Romero
@dwr.eth
Looking for honest feedback—no need to sugarcoat. What's one thing that would make the Farcaster protocol better for you?
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ghost
@molo
$1 to sign in with warpcast is an L :(
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Aung Thaung
@aungthaung
how about Ethereum mainnet fees 5$ is too low for Farcaster 20$ is good
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Dan Romero
@dwr.eth
The proposal is $7 for the first 6 weeks with increases if too many people are signing up. Plan is to iterate to find pareto optional price for growth vs. spam. https://github.com/farcasterxyz/protocol/discussions/126
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agm.eth
@antonio
So what's this net out to as annual ARPU? I.e., what would ads have to cover if there were a free version?
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Dan Romero
@dwr.eth
$7 a user but you would need a well-developed LTV model since the payment is upfront. A client that had free with ads would still need to pay $7 per sign up to the protocol.
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agm.eth
@antonio
TBH, we think you should charge more: clients should be inclined to use the free model. But not so much that it's impossible to cover with advertising. :)
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agm.eth
@antonio
And yes, there's a liquidity problem in web 3 marketing, whereby advertisers want to pay a rev share as users monetize while publishers want revenue up front. If only the blockchain had solutions for liquidity problems...some way to provide it and get paid a fraction of the upside.
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Dan Romero
@dwr.eth
We plan to iterate on the pricing every 6 weeks until we find an optimal growth vs. spam.
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