Content
@
0 reply
20 recasts
20 reactions
Dirthippy
@dirthippy
I have a few, and need a thread to do it properly. 😉 My suggestions are: frictionless token creation, channel analytics, and cross-channel casting. More context to follow…
1 reply
1 recast
12 reactions
Dirthippy
@dirthippy
1. Frictionless token creation At a previous farcaster dev meetup, I had heard that the term “channel entrepreneurs” was brought up. I think its brilliant. I keep using Facebook as a comparison. Facebook has over 1B users participating in Groups. What is missing from these groups is shared upside and ownership.
1 reply
0 recast
2 reactions
Dirthippy
@dirthippy
How can Farcaster incentivize channel content creation? Figure out how Farcaster can allow for creation of the next Mr. Beast, only for channels, and you have magic. Create Channel entrepreneurs. https://paragraph.xyz/editor/ZPFTew8dzqj2fYL0NDqN
1 reply
0 recast
0 reaction
Dirthippy
@dirthippy
Then, find a way for channel members to participate in that upside, and you have made something explosive. Tokens could be a way to monetize channels. This is why what @sahil is doing is interesting to me: https://warpcast.com/dirthippy/0x98a3435f
1 reply
0 recast
0 reaction
Dirthippy
@dirthippy
Now, what Farcaster could do is to allow for native token and NFT creation, with vetted contracts. Make it as frictionless as possible. Make it as easy as creating a channel. This way, channel entrepreneurs are free to figure out how to give their token value, incentivize their members, and monetize their channel in a meaningful way.
1 reply
0 recast
1 reaction