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Dan Romero
@dwr.eth
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
@dwr.eth
“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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kk
@king
tipping really hasn't nurtured gigabrain discussions tbh although i try to tip good content as much as i can. majority of tippers made a habit of getting into casting nullish contents "my allowance updated, who wants to get paid."
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Dan Romero
@dwr.eth
Tipping is a fun social mechanic. I suspect not very a motivating for people interested in building a large audience.
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Spaceman Spiff 🎩🔵🍖🎪
@spaceman-spiff
It's been quite awhile since I have been on the platform, but when I was there, tipping was a mechanic that many content creators on twitch seemed to enjoy. I feel like the low value tipping mechanics come from people having "free" allowances. I bet if people had to spend their own money their tipping behaviors would change drastically.
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