Warpcast

Warpcast is giving out $5 each day to the top 100 casters.  

Rewards are given based on the amount of engagement your casts get divided by the number of active followers you have. 

We'll run this experiment through the end of the year to see if it drives people to create more interesting content for Farcaster.

Why I'm excited for this experiment

1. Daily payout in USDC on @base to your existing wallet

2. Algo normalizes followers (we're going to keep adjusting it), so a much wider pool of people will be eligible

3. You don't have to use Warpcast to be eligible; cast from anywhere

This is kinda cheesy ngl. At least with memecoin tips it feels like magic internet money rewards vs. real payments for using the protocol. But I respect the hustle and willingness to experiment.

Probably sitting on a stool | Shower thinker | Collaborative Worldbuilding | Community Games

/farcastles /brians-rescue

I tend to agree with you - if it's not a memecoin, I'd rather have ETH or BTC. For USDC, I associate that with something that's actual work.

Turning life into a game at Sidequest.xyz, Crypto x AI, @seedclub 07

Not to mention $5.00 likely (surely) doesn’t move the needle on changing casting behaviour for those in contention for it. 

Put it in all in a raffle. Most people in crypto would rather have a 5% chance at $100 than a 100% chance of $5.00