salvino armati
@salvino
if you were @dwr.eth — how would you grow farcaster DAUs? you have: - money in the bank - a team of stacked engineers - really nice flowy hair - a strong personal network
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woj
@woj.eth
1. find every person on twitter with clout that monetizes it with some link in bio CTA (subscribe to newsletter / buy my product) 2. hand hold them through warpcast registration & setup 3. help them grow their bottom line through farcaster activity 4. if the bottom line grows, they will be coming back
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Dan Romero
@dwr.eth
May work as a strategy when the total userbase is much larger, but for now why would their bottom line grow on a sub-scale social network vs. Twitter or YouTube? Harsh reality is with creator payments Twitter is actually a pretty low effort way to get compensated for your content.
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woj
@woj.eth
1/ my assumption here is that people who are on farcaster have higher purchasing power than you average internet user while for mr beast farcaster audience doesn't make a dent, there is lot of niche tech / finance creators that value quality over quantity of their audience (think packy / bankless / stratechery)
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Dan Romero
@dwr.eth
cc @packy wdyt -- what would Farcaster have to offer in terms of relative difference in value for a subscriber / follower to get your advertisers to pay 2-3x more?
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packy 🎩
@packy
That’s a good question. I think it would have to show up in sales ultimately. If I can drive more customers, they’ll pay more, but subscriber net worth / buying potential is a more nebulous thing that would be hard to sell on.
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Dan Romero
@dwr.eth
Thanks and makes sense. @woj.eth this is the challenge with the pitch. If the sales don’t meaningfully happen you’ll just get a lot of churn.
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woj
@woj.eth
nobody said it would be easy still think that there is a sweet spot for creators who are credible enough to add value to the network and who would benefit from having exposure to 2000 farcaster dau even better if they are not huge yet and are willing to grind to become "the XYZ guy on farcaster"
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