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

Finally, Farcaster has an official token incentive and creator economy model.

- Incentives are sustainable since Farcaster earns protocol revenue, creating a positive flywheel: great content → high quality DAUs → creators earn → more great content.
- By using USDC instead of launching its own tokens, so creators’ earnings aren’t affected by token price fluctuations.
- Accounts are labeled with a mix of manual inputs and machine learning, so it's tough for farmers to freeload.

sincerely hope this will lead to more qDAUs and high-quality content, and hope this incentive will be even more generous than Elon’s in the future. 🤣

crypto-anarchist · onchain social explorer, advisor · spread FC gospel in /chinese community · curate SocialSight.telegram· write 0xluo.xyz · host /luo ·中文 @luo

missed opportunity that it's not funded by protocol fee