Impact

What is /impact?

Legacy social media could only monetize users engagement, even though real-world impact is far more valuable.

Farcaster can capture of the value of real-world impact, but it's stuck on the old attention-based business model.

/impact aims to accelerate Farcaster’s transition from a DAUs & engagement-focused protocol to one that captures the value of real-world impact.

The goal is for Farcaster to become a social media hub that attracts high quality contributors, where users are rewarded for contributing to the community, and communities form thriving Network Economies with a stake in maintaining and improving the protocol.

Read more:

What is /impact?

Legacy social media could only monetize users engagement, even though real-world impact is far more valuable.

Farcaster can capture of the value of real-world impact, but it's stuck on the old attention-based business model.

/impact aims to accelerate Farcaster’s transition from a DAUs & engagement-focused protocol to one that captures the value of real-world impact.

The goal is for Farcaster to become a social media hub that attracts high quality contributors, where users are rewarded for contributing to the community, and communities form thriving Network Economies with a stake in maintaining and improving the protocol.

Read more:
https://paragraph.xyz/@abundance/what-is-impact

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