Content
@
https://warpcast.com/~/channel/fc-updates
0 reply
0 recast
0 reaction
Dan Romero
@dwr.eth
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
265 replies
429 recasts
1597 reactions
GMonchain.base.eth
@gmonchain.eth
Why doesn’t Farcaster have ads? I believe this is actually the long-term revenue stream that every company needs. Farcaster could also partner with other companies to create a tool that integrates ads into miniapps, giving developers a small source of income. This could serve as part of the motivation for developers to build and grow in the long run.
1 reply
0 recast
11 reactions
Dan Romero
@dwr.eth
We are too small for that to matter and hard to make work across multiple clients.
0 reply
0 recast
3 reactions
