/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

The on-boarding strategy is “DM Dan if you want to get in”

users now have invites to distribute, not just dan.

it’s challenging to build in public, but the team has shared their strategic roadmap. it doesn’t sound like you’ve read it or participated in the regular calls?

regardless, agree to disagree: imo the team here is one of the most business-oriented in crypto.

That is still an extremely poor on boarding strategy. I’m not talking about engineering, I’m talking about the business aka the ability to generate revenue from this. Farcaster is going to need users, not featuritis, to achieve this.

Being the most business minded in crypto isn’t a flex, this is mostly a scam industry. There are many talented engineers working in this space yes but that doesn’t matter when the you’re selling stuff that isn’t even in market

This isn’t comparable to Facebook at all, they were operating in an already established market. Also, why compare yourself to competitors? I’m not underestimating intentional growth, I’m saying because the stakes are so high, FC should be more aggressive and deliberate IRT to growth.

agree re most of crypto is a scam.

6mo ago, lens had more users. same with mastodon. How’re they doing? FB set itself apart early in web2 social by intentional growth. don’t underestimate it :).

lmk when you’ve taken time (even 10 min!) to learn about FC’s business growth and monetization strategy.