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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vrypan |--o--| pfp

One thing Farcaster can/could offer that other networks can't is analytics. Many "top content creators" usually like being able to measure the performance of their content. Views, views over time, per post, per user, user segments, reactions, reactions over time per user segment, click-though rates, reach, etc. (+ Combine onchain activity with all this) An other is monetization. Ideally, direct monetization. Not sure how the substance model could be implemented on Farcaster. I guess Paragraph is trying to do things in this direction.

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kk pfp

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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Ryan J. Shaw 🎩 pfp

Ryan J. Shaw 🎩

Don't many top content creators start small? I know some of the seemingly small-time content creators are actually funded by media corps hiding in the background, but not all of them. If you accept the premise that you can't attract the top content creators then maybe you could focus on the niche of nurturing small-time creators that could become top content creators, who then attract users to the platform through cross pollination e.g. via YT or Twitch. As a small-time creator, I love frames and wish for them to support more interactive features e.g. click events, dynamic audio and graphical updates (I understand the security challenges, but maybe audio and GIF streams are a tactical solution). Then I can produce inline interactive educational content. I think artists would use this capability too, and probably others.

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yekta ✎ pfp

Sounds like a real challenge for Farcaster. Speaking of high-quality content, I’d love for you to check out my profile. Your insights would be greatly appreciated! https://warpcast.com/yekta/0x8fb7229a

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