Farcaster

Hi Casters. I promised a follow up to yesterday's post on AI being the native business model for content. Here is that follow up post

Hi Casters. I promised a follow up to yesterday's post on AI being the native business model for content. Here is that follow up post https://avc.xyz/minting-is-the-native-business-model-for-web3-and-maybe-ai-too

I appreciate this might be in the next post, but are there any examples in the wild of a median user revealed preference to own their “own” interest graph data (or even do micropayments)?

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Building /seedclub 🌱 /consumercrypto 

Make something people want to be a part of

I'd like that to be true, but we don't really "own" our data here in a robust way (can pay for temp storage, but actions expire and follows aren't in the protocol)

We don't do micropayments at any kind of scale

Also there are only 2500 DAUs

🕯️They/them. Scaled cos from 0-$300k in arr, 7-35 employees, 0-100k users. Now I make beautiful, functional, and ethically made candles at humankind.place

I'D LIKE THAT TO BE TRUE, BUT WE DON'T REALLY "OWN" OUR DATA HERE IN A ROBUST WAY (CAN PAY FOR TEMP STORAGE, BUT ACTIONS EXPIRE AND CHANNEL FOLLOWS AREN'T IN THE PROTOCOL)

WE DON'T DO MICROPAYMENTS AT ANY KIND OF SCALE

ALSO THERE ARE ONLY 2500 DAUS

That's why I asked about "in the wild"

obv I'm here so I believe this to some degree

not sure what you mean by the "value resulting from our contributions", but I think we're diving into increasingly abstract (albeit exciting) forms of "potential value" that has led to the crypto company valuations of last cycle

something something "we're so early"

But ya, I actually think the missing piece is what value results from our contributions to these models. 

So less about "owning our model" and more about owning the value that model can create.

I think *owning* in this context has to be understood in relation to  *not owning* 

For example, getting kicked off X with no recourse... now don't you wish you *owned* that account, even to some extent?

I agree that ownership doesn't equal value and that rights must also be more clearly defined to have meaning

follows are on the protocol, just channel follows aren’t yet