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I think rev growth (maybe after re-scaling for signup cost change) is as good a proxy as any for network growth. Arguably, better than top-line number of casts, replies, messages, etc. And it suggests that the network appears cooked. Are you seeing any green shoots data to suggest otherwise?
Another critique I have is that after taking many shots on goal, those shots are taken. We most likely won't get another Degen new activity pop, or a 10x better Moxie, or another superfriends X cross-posting growth hack. Subsequent efforts will be lesser and worse. We may get something entirely new, but that space is now by definition smaller. Failure is not costless, and the lessons prune the branches of possible outcomes. Channels may be next.
In fact, I'm back because the new channels approach feels like a last chance to make them work. I love the idea of channels as containers for permissions. And hope my ability to hack together a decentralized encoding/decoding mechanism makes them more fun, more likely to stick. 1 reply
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