Jason Goldberg βοΈ π
@betashop.eth
on today's Farcaster dev call @dwr.eth repeatedly stated that the #1 priority is to improve the quality of content on the network I think he's wrong. Let me tell you why. (disclosure: I told Dan i was going to write this. i hope it spurs some debate) the #1 most important priority is for Farcaster to become more onchain "quality content" already exists in other places and there's no reason or benefit for it to come to Farcaster unless there's some uniquely onchain elements that vastly improve it and tbh most of the content that gets lots of engagement on CT is polarizing debates that the FC community hates the world doesn't need another place to yap about the NBA; it does need better ways to wager, play fantasy games, get access to bts content the world doesn't need another place to yap about what you cooked; the world does need more ways for foodies to get rewarded for sharing great recipes the way to win is by using onchain to change the paradigm and lure people in with the benefits as they emerge
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Dan Romero
@dwr.eth
What will drive retained daily active users if not for quality content? Examples of "only on Farcaster" that exists today that is driving retention right now? Sign ups?
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Jason Goldberg βοΈ π
@betashop.eth
retention right now is driven by (1) being a cozy corner for onchain builders: -- which enables them to connect to get work done, collaborate, advance, promote, hire, gain product trials and adoption frames enabled distribution, product trial unlike anything before it (2) being a curious place for onchain degens to try to make a buck
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Dan Romero
@dwr.eth
There are very few new sign ups from builders recently. 2nd category creates perception that all the metrics on Farcaster are low quality. Consistent feedback from talking to users.
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Treborπ©π‘
@trebor69
I would also add a third point. Monetary incentives. Whether we like it or not, a lot of people stayed cause thereβs money to be earned here for doing exactly what we were doing in other places You both have a point. Combine good content + monetary incentives and EVERYONE will move here Its a vicious cycle Money brings content creators here Content creators bring more users (fans) and more money (adds) And by monetary incentives i dont just mean degen tips Not A Token, Rounds WTF, bountycasyers, and god knows how many possible airdrops
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Kristin Piljay γ
@kristinpiljay
Yes, it was more like #1 when I arrived in early February, but then #1 was overwhelmed by the masses attracted to #2 near the end of March. But yeah, there are hugely more people attracted to making money than there are devs who specialize in web3. We have artists here now who are also builders, but overlaps with #2. #2 also attracts scammers and predators. Just like this: https://meaningness.com/geeks-mops-sociopaths
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