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Dan Romero pfp
Dan Romero
@dwr.eth
In retrospect, decentralized social network has been terrible framing for Farcaster. Two recent frames that are better: 1. Farcaster is an economy — social network + crypto wallets, small but high GDP per capita, h/t @woj.eth @luc 2. Programmable social — X APIs are dead, Farcaster APIs are constantly getting better, h/t @six It's still (mostly) decentralized under the hood, but lean into the things that it's really good at relative to the competition.
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Dan Romero pfp
Dan Romero
@dwr.eth
Also credit to @betashop.eth @phil for being early to onchain transactions as the "thing" that makes it different. Still not convinced that transactions themselves are as interesting social. But they create the meta for the social network.
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androidsixteen pfp
androidsixteen
@androidsixteen.eth
I think part of it is that it's very hard to pass the crypto purity tests for decentralization Some researchooor will be arguing with you in perpetuity about some edge case where you're not ackshually decentralized But money? Yeah, it's very easy to tell if you made money or not. Far easier value prop to "prove"
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Jayme Hoffman pfp
Jayme Hoffman
@jayme
Come for the money, stay for the network. Money: farcaster is an economy Network: community + clients via programmable social
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Gabriel Ayuso pfp
Gabriel Ayuso
@gabrielayuso.eth
Decentralization is a layer of trust that sets the foundation for the economy and the programmability. Building an economy and programmability on top of a centralized network is possible but you'll likely go the way of Facebook platform, Twitter and Reddit APIs.
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justin.framedl.eth pfp
justin.framedl.eth
@ahn.eth
have read many variations of point 1 being made over time here, but iirc i think @warpcastadmin.eth was the first one i saw who was framing fc like this
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Zach Davidson pfp
Zach Davidson
@zd
Good on you for being willing to admit you were wrong + change your mind in public I like both of these frames, and thing one begets the other By building programmable social, you unlock a budding economy No one else has that - and I think it will be hard for them to catch up
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tomu pfp
tomu
@tomu.eth
both relate to what has happened here so far this year. for me programmable social already implies some form of economic layer as well, i like it
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LGHT pfp
LGHT
@lght.eth
programmable social is stickier it feels and will easily incorporate the idea that it enables a farcaster economy, w things you can easily point to that verifies both points but 2. really hits the value prop imo
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Justin Hunter pfp
Justin Hunter
@polluterofminds
1 feels narrow. High volume is possible for the participants, but narrow distribution. Which is maybe ok depending on goals 2 feels like there could be wider distribution *if* enough people care. Devs as an audience is already limiting but maybe it’s wider than framing number 1?
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Jacob pfp
Jacob
@jrf
@atlas summarize
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Kieran Daniels 🎩 pfp
Kieran Daniels 🎩
@kdaniels.eth
Programmable Social Network is money. “An economy” is way too broad.
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Harry pfp
Harry
@htormey
Love these narratives. I definitely feel theirs room for innovation with both. Regarding number 2, have you guys been looking at what BlueSky offers re APIs. I’m curious how that compares as I haven’t seen many developers building stuff on that.
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Icetoad 🎩 🍕 🎶 🐈 💚 pfp
Icetoad 🎩 🍕 🎶 🐈 💚
@icetoad.eth
Seems to be working as an alright frame for Bluesky, though they have much less crypto focus.
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nintynick.eth
@nintynick.eth
brilliant. unfortunately nobody wants to buy decentralization (until its too late) and everyone likes to fight about it (myself included)
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Tokenized Human pfp
Tokenized Human
@tokenizedhuman
The best framing is that it makes you friends and money.
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alixkun🟣🎩🍡 pfp
alixkun🟣🎩🍡
@alixkun
I feel like "economy" is even worse tbh. It absolutely doesnt tell me what it is without actual further explanation. I like programmable social, but it misses the the whole decentralized aspect. Agreed though that right now, what's happening on Warpcast relates more to programmability than decentralization, but that's because programmability has more impact on UX, hence UA, than decentralization.
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patxol 🔷 anser.social  pfp
patxol 🔷 anser.social
@patxol.eth
Isn’t it exactly what Lens was (is), social network + crypto wallet ?
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Tayyab - d/acc pfp
Tayyab - d/acc
@tayyab
The thinking for me shifted a while ago here. Probably post frames and when growth stalled. I realized that despite the lack of growth, there was still economic activity happening internally because it could my first co was sending USDC by facilitating b/n Product teams and UX participants. Bountycaster, Airstack etc. Had this convo with @altmbr over dinner at FarCon as well.
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Jaack pfp
Jaack
@
Just like Ethereum, the technical narrative (sufficiently decentralized social network) only works if there’s a “cultural” narrative that fixes that. Ethereum thrives because.. it doesn’t work, but it’s highly decentralized So the narrative is “let’s find ways to make it work, stating the fact that the decentralized nature cannot be touched”. Makes sense?
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