Dan Romero on Warpcast

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Dan Romero pfp

The limiting factor for Farcaster’s growth is the supply of high-quality interesting / entertaining organic content. Most people who are focused on creating content optimize for networks with large existing audiences because while hard to break through, the upside is massive. Solve for X.

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Dan Romero pfp

“Just pay content creators to post on Farcaster” Top content creators realize any direct payment will be small and short-term relative to compounding value of a large audience on an at-scale network. Monetization through distribution, eg launch a brand, angel investing, etc. So you run into an adverse selection problem. The people who are interested in getting paid by a sub-scale network vs. playing the game on hard mode.

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nicholas 🧨 pfp

The interface could create opportunities to highlight quality older content, to reduce the recency bias and give further incentive to invest in detailed and quality content creation here, despite the smaller audience than elsewhere.

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nyc-crypto-cabal-kid

One idea: cross posting top content from other platforms (with attribution) in monetized channels and then sending the creators a pro-rata share of the earnings based on engagement until some of them eventually switch to Farcaster as a default

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Devin Conley pfp

I think one part of this is just showing users the right existing content, that they are interested in, more likely to engage with and respond to... something something flywheel ML based scoring and topic specific channels are towards that also think prompt writing like /words and /lounge are cool experiments to generate thoughtful content/discussion pairing that with incentives like /degen tipping and /bounties can provide a little spark to participate (but agree re: adverse selection on paid content)

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𒂠_𒍣𒅀_𒊑 pfp

𒂠_𒍣𒅀_𒊑

devil's advocate: since content creators already build distribution via patreon/linktree/sponsorship, just having any "pseuodopodia" on farcaster means growth. the "organic" factor is consequential but not necessary for initial growth, and one could even argue that getting the 90% lurkers from one site would induce >1 organic reply & new dialogue. tbqh, there needs to be an ultra-sterile patronage client for traditional content creators.

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@iborequickly.eth

Can something like an "endless runner" game run in a frame? Or are we still too early for this due to input latency issues, etc? Disclaimer - I'm not a dev, just a guy with some ideas.

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Shashank pfp

can fc enable novel use cases for content creation? tiktok took off by not going after content creators with large audiences. it served a new category of short form content creators who were not served by other social networks.

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Iggy pfp

You’ve probably answered this many times already, but what’s your plan/strategy in that case?

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AJ pfp

In a /farhouse space with @0xt0ny and @pichi this past week Tony mentioned /tip-mob. A user-decided, collective gifting to an obscure creator makes a random event of high payoff with minimal individual investment. This may not scale but it sure would be fun.

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Sid pfp

In addition to general interesting content - could also say *differentiated* content (that they wouldn't get elsewhere atm). Going back to farcon - "growing with crypto". Farcaster can reasonably be the place for all crypto-related conversation. eg. ~1600+ discord servers related to crypto that could migrate to channels here given some marginal incentives - https://discord.me/servers/tag/nft

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Giancarlo🎩 pfp

@giancarlodc.eth

I guess there would have to be a dynamic (imo there already is, but maybe make more noise about it) that would be of such difference within the use of Farcaster that it would make more and more people prefer to use it rather than the rest. So much so that it would catch the attention of the influencers in a way that they would judge to be a good idea to at least have a “copy paste” of their content from their original social media (where they have their main base of followers) into Farcaster, just in order to keep the base that has began to use it more and more, until it really becomes something that people have began to use more and more rather than the current options which would, in the long run, force the influencers to create Farcaster-first. Much easier said than done and I agree that I have not given any specific way of doing it, cause it’s really hard indeed. If it were easy, we wouldn’t be discussing this right now…

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DV (insert a lot of emojis)

@degenveteran.eth

I'm not good at math so... I solve for "X" by NEVER GIVING UP! Eventually... I'll make... Then exceed "X" Which is why I left "X"... I love a challenge

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Maurice pfp

I prefer to focus on a small network, but with the people I have interesting interactions with, rather than having a lot of followers and no meaningful interaction. Since I read the book "The square and the tower" by Ferguson, I personally try to build a strong small network first, the growth can come later. I follow people if I find the feed interesting, educational or funny.

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kevin mfer 🎩 pfp

kevin mfer 🎩

having a powerbadge encourages people to cast lit content on the app

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Jovian Browne pfp

I think Farcaster’s main value prop is something they have now and need to hold onto. It’s high signal low noise direct access to a niche of people, highER quality content (more intelligent, kind, referenced). I’d love to see this kind of targeted customization to the needs of an audience without trying to be everything to everyone as a slave to growth for growth’s sake. Serving its own niche extremely well will take it far.

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Jovian Browne pfp

I have been breaking in to new markets for years and it’s a lot more fun to create in the cracks where new life is breaking thru than to go to commercialized centers of culture where people are hyper conforming. I curated fashion/music in DTLA from 2004-11, art and music in deep Bushwick Brooklyn from 2012-2016, performance in Berlin from 2017-18… you get the picture. These are all zones that experienced massive growth during and thru the concentrated efforts of early curators and creators, business people, etc.

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meta-david🎩 | Building Scoop3 pfp

meta-david🎩 | Building Scoop3

What metric are you using to measure Farcaster’s growth?

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