Farcaster

The difference between Farcaster and FriendTech is that speculation is not the focus.

The network is sufficiently compelling first and speculative opportunities emerge as a result.

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I conceptually do agree they both fall under the "SocialFi" narrative (not a fan of that name btw).

I think we continue to see FT playbook pan out (Tomo, Focus, etc) alongside FC type playbook.

More bullish on opportunities that come out of FC (Frames) and fully agreed they are fundamentally different.

I’ve seen a lot of people on Twitter talk about FC being the new FT and I just have to laugh 

Intellectually lazy or dishonest take that’s been regurgitated by too many people who haven’t used either platform

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+1 - would go further to say that there is power in giving them common ground even without the creator actually being present in that space.

I think people want to connect over their love for a creator more than talking directly to the creator.

10000 $DEGEN

the FT hidden chat room never made any sense to me. The secret sauce is when fans can connect with each other and find other common ground, not blindly message the creator.

Largely agreed - different tradeoffs for sure.

FT made 100x more in fees than FC.

FC feels like it has more organic foundation which results in better social.

Fwiw I'm still bullish FT V2 and think there will be a vibrant community there headed into this next cycle.

friendtech got the incentives wrong imo. FT incentivizes whales and liquidity more than it does social activity, contributions or merit. i don't think the average person is excited to participate (or farm rewards) on FT if they can't earn points without throwing a ton of money around

EVM. ETHFinance. Home Staker. Believer in decentralisation. 

I will never understand why everything needs to be „fi“. That’s the mistake of FT and the thing farcaster gets right.

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Santiago del Estero, Santiago del Estero Province, Argentina

Post cold-plunge workout DJ and journaling thoughts hit different

I have noticed that right before heading to bed you get quite philosophical :)

Farcaster better than friendTech by miles. Love the experience on here and like you said, it’s not based on speculation

The right order ✊ 

As someone relatively new to Farcaster all I can say is it gives me fomo for all the right reasons… I’m drawn back multiple times a day to pull/refresh and see what’s new.

This recipe may be applied to everything in crypto

FT was all about financial gain. Don’t feel that here. Much more experimentation, new tech (Frames),  UX smoother.

Couldn’t friendtech now be built on top of farcaster?

couldn't have put it any better.

Friendtech feels soulless in comparison tbh

Definitely feels organic 🤝

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