fc-updates

We’re planning to launch a new, optional “Pro” protocol subscription

1. At launch, subscribers will have a Pro badge on their profile

2. Subscription will be onchain and part of the protocol. 100% of the proceeds go to casters / developers in weekly rewards. This in addition to the existing $25K+ a week in rewards. 

3. Planning to add longer casts (10K characters) and up to 4 images per cast for pro subscribers (needs a protocol change). Additional features over time.

4. $120 a year / $10 a month 
Why are we doing this?

- The protocol needs to find long-term revenue source that can continue fund caster and developer rewards beyond any one company.  
- We originally thought storage fees could be that, but we’ve realized that storage fees should be essentialy free to help growth. 
- So we’re trying an opt-in pro subscription as another model

Why now?

- Figuring out a long-term revenue model that works will allow us to double down on investing in growth

Farcaster pro subscription AMA

What are you confused about?

What are you fearful of?

https://farcaster.xyz/dwr.eth/0x172f5081

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Most people are just fearful that if they don’t do it there will be some backdoor consequences. How true is this, would it reduce your reach? Cause definitely there has to be a distinctive feature for pro users

𝘠𝘢𝘱𝘱𝘪𝘯𝘨 𝘰𝘯 𝘧𝘢𝘳𝘤𝘢𝘴𝘵𝘦𝘳.

Well, we can say that it doesn’t. :)

But in reality I suspect a lot of popular accounts will subscribe, so there will be a correlation between accounts with distribution and pro subscribers, even if not an explicit rule in the algo (which we aren’t planning to do).

I don’t really care much about long talk I just want that sweet sweet badge on my profile asap.