Dan Romero on Warpcast

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https://warpcast.com/~/channel/consumercrypto

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Dan Romero pfp

The fundamental issue with consumer crypto today is lack of consumers. Consumers need interesting or entertaining content to stick around. Sign ups are irrelevant if you can’t retain them. Everything else is a marginal improvement at best.

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tldr (tim reilly) pfp

tldr (tim reilly)

"Build something people want" 🌍 🔫 👨‍🚀 🔫 👨‍🚀 CC FC PG

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Farcaster is probably the best consumer related crypto app I’ve ever used. What other crypto apps are this sticky with committed users? Are there any others with people spending 40+ hours a week on? I know that’s not the point you’re getting at, but I thought it was worth saying anyway. Content quality here is improving imo. Maybe not as quickly as people would like, but it’s definitely happening.

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Honestly I even think the phrasing “consumer crypto” is limiting. The tech unlocks possible value alignment, it is not an end in itself. I have been workshopping how to describe Farcaster to friends, and so far “community-owned social network” hits much harder than “sufficiently decentralized social network”.

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Venkatesh Rao ☀️ pfp

Venkatesh Rao ☀️

“Consumer” seems like a bad frame? More like prosumers? True industrial style consumers will never pay in marginal inconvenience for what-if benefits like censorship resistance, and crypto will always be more inconvenient than non-crypto equivalents. But people who produce as well as consume tolerate and even welcome inconvenience. That’s why devtools have worse UXes. They also value things like CR more because more is riding on not being censored etc. People with more to lose spend more on insurance.

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dusan.framedl.eth 🎩 pfp

dusan.framedl.eth 🎩

the path forward is imo similar to how linux won - it needs to get out of our faces.

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Kieran Daniels pfp

The need for having an immutable identity will grow greater and greater; both from AI and increased censorship.

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Jay Brower (jaymothy.eth) pfp

Jay Brower (jaymothy.eth)

there are a lack of consumers because there is literally nothing to consume if someone solved an actual problem a real human had maybe there would be consumers until then we push hackathon project after project, fund BD/DevRel and scratch our heads why the masses haven't onboarded to Base Paint we need a real look in the mirror

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@giancarlodc.eth

Do you consider any data that shows today’s growth within Farcaster’s engagement as slow or dropping, related in any way to the fact that we are undergoing a bear market, specially with everyone in a state of worry with the world going through a strong recession? I can only imagine we would be seeing very different numbers, with the majority of people excited with crypto, in general, while going through a Bull Market, which historically, is yet to come.

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Pichi 🟪 🍡🌸

Would you be willing to share retention metrics? I can see the number of users who signed up in a particular month but I have no idea how many of them are still “active casters”.

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beleth pfp

Every morning before I take my daily piss, I rub my placard that says ‘Crypto’s #1 Consumer’

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Chris Carella pfp

I don’t think even smart people realize just how few consumers there are in crypto.

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Erik pfp

personally love the content on my feed here bc it's incredibly diverse, much more so than any other social - i come here to learn, laugh, see incredible art, talk w ppl, try things on the cutting edge onchain, and much more also enjoy the conversations i have here more than on any other social - culture of optimism and friendliness, where ppl also tend to share more from everyday life - less broadcasting, more convo on a long enough timeframe... ethos, incentives, and features (compounded by developer legos) all will play major roles too, a high percentage of the ppl sticking around today understand these 3 pieces already

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@joanwestenberg.eth

And neither “recycled shit ass market analysis” nor “here’s what the Warpcast team are doing wrong” count as interesting content

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Tayyab - d/acc pfp

Also currently crypto doesn’t provide any net new interactions right now for consumers. Most people don’t care for NFTs, and use Venmo for payments. Trying to break existing networks is hard.

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Catch0x22 (2025 variant) pfp

Catch0x22 (2025 variant)

when is your sit down with rogan happening?

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William Mougayar pfp

William Mougayar

Very self-awareness statement.

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Cart before the horse. Crypto keeps making the same thing over and over. If you only look at consumers as content consumers then, yah there’s only so much to make. We’ve got to start making things with crypto instead of for crypto if you want real consumers.

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@auntiepapi.eth

Bring more topics than crypto and you have lift off. @burrrrrberry does it right with her poker tournaments. You can bring the community in and have fun and be a part of a community where you feel like you belong) Folks who talk about why they’re constantly different than normies, and complain about that without actually listening to why that could be so, that won’t cut it. Competition is great. Community that is inclusive is better.

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Garrett pfp

we need to serve existing consumer needs/wants rather than trying to catalyze completely new and novel behaviors yes we need more consumers but we also aren’t serving them enough good products

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