Njal

@cryptonjal

424 Following

328 Followers

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My tipping in perspective: 🪀Until around early Aug. '25 I will tip $YOYO, every week, mostly on Sat./ Sun. to everyone on my list with /rewardr (add @dosir's mini app to receive notifications!) CA: 0xE31876C6A62A813f57b815d8d2d0F5c8Aa06f49B (Base layer) 💰 At that time, I expect that we are realizing that we are in a bear market. So I'm planning to tip $USDC at that time, and I'm saving my Farcaster rewards for that. If you're curious, the wallet address with my tipping treasury is: 0x9974e8d237e5fc71C051800d66b85C5B2B238f6A

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There are good lessons in this. As soon as an event is known, people are going to pre-sort to benefit from it. In the time that the first 10k pro subscriptions have been concluded, it is estimated that more than 1,254 new FIDs have been used to take advantage of the hype surrounding the 1st 10k pro subscriptions. How do you avoid that farmers are benefitting from something that has to be fun? Ruling out new FIDs after the event is publically known is one thing, but what if they already have the FIDs on the shell? I think that you have to make the costs as high as possible. Use different measurements to determine if it's a real caster or someone maintaining multiple accounts. In this case, @mvr made a lot of data available (https://farcaster.xyz/mvr/0x975176f7) also as csv-file. A humble contribution from my site in this csv-file (https://farcaster.xyz/cryptonjal/0x5aace686). The answer isn't b/w so you have to make your own judgement.

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Impressive dataset 🔥 Pro gives you extra possibilities on FC, but it's clearly not a quality measurement.

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A must-read for every caster!

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Ok i am so addicted to this game that i am sharing this and can play it 2 more times. 😏 🔥 Check out BaseDrop!

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Not really anti, but can't say no to a @sayangel NFT 😁 I just minted the Anti Pro Caster Caster Club NFT! I have been verified to be Anti Pro by @harmonybot.

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Still one thing to say about the first 10k pro subscriptions, and farming. Thanks to @mvr who checked with FID paid with warps, and 30 of them had a brand-new account to get a pro subscription. The round number suggests that this could be one entity operating. This means that someone invests at least ($120 + $3) * 30 = $3,690 for unsure benefits. And the benefits came (perhaps not yet out of the costs) with an airdrop of $procoin to all first 10k pro subscribers. On the one hand, it gives you an idea of the willingness of farmers/spammers to invest. On the other hand, our behaviour also ensures that it remains interesting for them.

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I have two additional columns in my Farcaster Followers Audit: - fc_pro: if someone has a pro subscription. Far from perfect atm, but better than nothing. - fc_pro_10k: fun part if: - an account is specially made to buy one of the first 10k pro subscriptions it will be marked with '🟥 1st 10k, farmer'. This is when your FID is higher than 1,089,899 - if your FID is below or equal to 1,089,899, and your spam label is 2 it will be marked '🟩 1st 10k, Pro OG' - if your FID is below or equal to 1,089,899, and your spam label is 0 it will be marked '🟧 1st 10k, spammy' Spam labels aren't static, by the way. The rest is. https://dune.com/nhejyht/farcaster-followers-audit

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Excellent app for dropping your tips. 👇🏼

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Excellent miniapp to drop or raffle your tokens with. 👇🏼

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In addition to @mani's excellent analysis: Almost 1,186 accounts has a FID of 1,090,000 or higher = brand new These accounts got all no label, with is logical with a brand-new account. This is also the case for FIDs starting with 1,08#,###, but with less significant numbers (68) with no_label. Overall in the first 10k: - label 0: 2,036 (59.9%) - label 2: 5,988 (20.4%) - no label: 1,976 (19.8%) You can find the data here: https://dune.com/queries/5200345

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At least 18.7% of the buyers have a spam label 0. If you divide it by the current active FIDs you get label 0: 1,960 / 80,841 = 2.4% label 2: 5,837 / 62,705 = 9.3% 🔥 no label: 424 / 11,564 = 3.7% Note that 21.7% of the pro buyers hasn't linked to a FID and has an unknown spam label. So, the percentages above are higher. If the unknown FIDs has the same distribution as above, label 2 could be 11.9%. Imo a very high dedication to Farcaster, and I think that's something the FC-team can be proud of. Given the previous reports, it seems that they did not expect that 10k pro subscriptions would be sold within a few hours.

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I forgot to add the correct channel again 😅

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I added pro subscription to the Farcaster Followers Audit dashboard, but with important limitations: - Not all wallet addresses can be linked to FIDs. - If bought with warps, it won't appear on this list. - to avoid time-outs I had to make 2 extra queries who are update automatically weekly. If a FID isn't linked to any wallet, the column fc_pro will return unknown If a FID is linked to a wallet which paid for a pro subscription, it returns yes Else, it returns no. Link: https://dune.com/nhejyht/farcaster-followers-audit

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Under the hood this increase is even more interesting: - there isn't an increase in active FIDs - 5d in a row is also rising - both spam label 0 and 2 are equally more active - but, there is a relative uptick of level 0 casts with a reaction (from <20% to 50% of all casts with reactions) So, casters are more active. Imo linked to crypto market circumstances (not BTC, but ETH and some altcoins). https://dune.com/nhejyht/farcaster-dashboard What does that mean when we are in a bear market? does average activity go down completely? Will spamcast share continue to decline in a bear market? What's the impact of the rewards? Has it effects, but is it faded away due to other drivers to cast or not?

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Avoid circumstances that you could be hacked, but if it happens change at least your default wallet to avoid that tips, and other payments endup in your hacked wallet.

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Not integrated atm with my Dune Dashboard to audit your followers (will happen later), but I have a list with all casters who paid with USDC. - Interestingly enough, there are a lot of wallets that are not verified (warplets?) - from at the moment 10.3k payments there are 5k with label 2, and 1.8k with label 0. The rest is no label or not linked to a FID atm Need to find out if, and where, I can find the Warplets in the datasets. You can find my list here: https://dune.com/queries/5198010

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Haters will say it's AI, but I got the invitation first

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1. 90% lose money investing so the other 10% makes a profit. There's no magic internet value 2.Rarely, and if so market fluctuations are to big in crypto 3 & 4. Consider money lost if your invest in a crypto project. Don't blame others Alternatives are already there. Just buy fun NFTs from creators, tip them. But in general people aren't thinking clearly if they smell money, so there is a difference in value they spent on fun NFTs, tips and even concert tickets then on some kind of token they can speculated on.

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Good that they addressed this spam problem 🙏🏼🥳

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