Dan Romero
@dwr.eth
If you remove cost, you have infinite spam. If you gate sign ups, it's not permissionless. Warpcast has tried a couple of large, reasonably scaled experiments with free sign ups and the long term retention rate is basically 0.
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ted (not lasso)
@ted
and so alas we're stuck with 250k+ automated bot accounts willing to pay the $5 fee to use warpcast in order to get an airdrop when the average person who uses web2 social networks as legitimate social networks or media platforms will say "wtf $5, no way" (including two of my siblings) don't envy you
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Dan Romero
@dwr.eth
People not willing to pay $5 are unlikely to retain. So don't optimize the UX for these people right now. If we 10-100X users, then a read-only sign up mode might make more sense. More juice to squeeze focusing on people willing to pay right now.
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ted (not lasso)
@ted
okay and people not willing to pay $5 are not only unlikely to cast content, they will never cast content except for crypto people and then we’re left with a crypto content platform yuck
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Zinger ↑
@zinger
I would say that most active users of incumbent social apps wouldn't be willing to pay $5 either though. Do you think Farcaster's paid users are more willing to stick around because they're "bought in"?
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BrixBountyFarm 🎩
@brixbounty
I don’t like gimmicks and am not suggesting you raise fees per se, yet I wonder about Black Friday deals etc. Imagine FC costs 19.99/yr or only 4.99 for the month of November. Wonder if a “sale” would get folks to try it out? Also wonder about price per year across different countries. 5 in the US much different than some developing countries. What are summer numbers looking like? Besides some high profile new folks, o haven’t come across many new accounts recently?
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Pichi 🟪🍖🐹🎩 🍡🌸
@pichi
Who is the “ideal user” right now? I assume it’s still fairly crypto savvy/native people? How far out do you think we are from “main stream” aka normal folks joining and thriving here?
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Monica Talan 🌐 🍄🎭
@monitalan
We do onboarding and give away accounts in latam- just did that in Rio (15) and will do in CDMX this week - and we try to drive engagement via resources in-language. @ted @linda @civilmonkey and others have donated warps to help us. I honestly have lost count on how many accounts we have given away this year since we do 5 here and there but we do it when we do spaces, workshops or events to drive engagement. I am very proud to see some who we have given accounts to become very active here and are now builders.
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