i had an awesome debate just now with a couple of folks i consider 🐐 onchain investors (they're on farcaster, btw)

crux of the debate was:

do you think Farcaster's growth to 1M DAU will be because of onchain dynamics (economic incentives)? or in spite of it?

i come down strongly on the side of "because of"

wdyt?

did the current DAU on Farcaster join because:

a) economic incentives 
or 
b) interest in another social media platform

trend line there

majority for the former if I had to put money down

serial /yoink'r building in the /arweave ecosystem with PDS.inc

Came for being early, and trying out new things, enjoyed the economic incentives, stayed for the vibes

At this point there’s very little doubt incentives played a major role in onboarding.

The inspiring part though is how many people stayed. You can arrive for one reason and stay for another.￼

It’s not all about follows but for an artist trying to get eyes on their work, channels have been a game changer.￼￼

Cinematographer  |  Code+Photography  | 
https://linktr.ee/andremessina  | 
/selfhelp 

100% 

the early FIDs that were here before the economic incentives set the tone for the space with channels & frames

couple that with ‘come for the economic incentives & stay for the vibe’ and you’re cooking with gas