Dan Romero
@dwr.eth
POV: there is no influx of people waiting to join Farcaster once it goes permissionless other than airdrop farmers. 1. We use Ethereum, so anyone anti-crypto is won’t be convinced in the near term 2. Existing apps are too similar to Twitter, with way less content New types of apps / behaviors for growth.
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billzh
@billzh
Staying invite gated until 1M users doesn't sound too crazy, no?
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Dan Romero
@dwr.eth
I’ve revised my pov on 1 million gated. Need to write up something. Goal is permissionless sign ups by end of year, but hopefully sooner. That said, I don’t think sign up difficulty is the primary issue to solve for right now.
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billzh
@billzh
Yeah I remember you mentioned the changed POV in one of the clubhouse meeting. 36 weeks left in this year, we are at 12K. Assuming 5% weekly growth rate, it means we open sign up at ~70K users? (12K * 1.05^36)
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Dan Romero
@dwr.eth
We are well below 5% weekly right now.
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billzh
@billzh
~3% for the past few weeks irrc? That would be ~35K by year end
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Dan Romero
@dwr.eth
This is all public. Feel free to fork and play around with the data. :) https://docs.google.com/spreadsheets/d/1KTJpGMLv5sZqb72LdKCl-YxnxN8EIRIC1A9jEyPc-rw
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billzh
@billzh
Nice! I didn't know this existed. Was just checking farcaster.network every other day
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Dan Romero
@dwr.eth
I guess technically when we migrated in September, we lost the historical data. But post-September, all of the fid sign up data is available onchain.
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billzh
@billzh
Yep. I guess I was a bit lazy. And This Week in Farcaster has a section that always mentions weekly growth rate
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