fc-updates

What is our top priority?

Grow the number of daily active users with funded wallets

What's the plan to do that?

1. Make sign ups free! 

2. Apps — Coinbase Wallet, Zapper and others

3. Rewards — continue to scale, incentivize referrals and retention

4. Creator onboarding — target interest-based communities

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

How about making the invite system cost five dollars, and using what's needed for onboarding and giving most of the rest to the user's initial wallet?

That gives them a couple dollars to throw into apps. You could also offer the inviters list of follows as initial follows for the new users, and offer up-stream Warpcast rewards etc.

Most people don’t want to pay to sign up. Even if they are getting the money back (which is illegal to convert fiat to crypto without a license and KYC).

I understand that people don't want to pay, but maybe if you give current users an incentive to pay $5 to invite and properly onboard others because they get a cut of their rewards, that could work out.

Are there still KYC concerns if it's USDC and always moving peer to peer?