Dan Romero on Warpcast

Catch0x22 pfp

i genuinely give fc about a month in on solana socialfi getting pushed, and no one will remember warpcast fc will continue to grow but mindshare is a very fickle mistress solana already has socialfi just no killer app. few

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basil pfp

https://warpcast.com/itsbasil/0x78f3a5af new socialfi on solana? what about x coming out saying they’ll build financial tx into the timeline & accept btc, doge, and xrp by yearend what about lens raising 30m - will they use that for ua? what about the below

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Dan Romero pfp

UA without retention is worthless

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basil pfp

naturally buy shouldn't be from lack of trying & now is a good time given regulatory clarity, base run, clanker attention & frames momentum. we can't take good timing for granted. it wont last forever. we also cant let fc eco fade relative to the most bullish base backdrop we'll likely ever see. bad for devs choosing to build here. slowly throttled is fine but what else can the platform do if these cannot improve retention? fc is materialized. now we must hold meta. plus retention must be taken in the eye of the crypto native. in such case, there are more ways to "buy" users than ua as we're discussing here. namely through the nurturing of an ecosystem, expanding access to capital/optics for devs, and/or matching x creator rewards. at this point, especially if the goal is to attract all of crypto first & foremost, it should be considered that retention is inherently rooted in ecosystem appreciation https://warpcast.com/itsbasil/0xe7314d9e https://warpcast.com/itsbasil/0x4eeecd78

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Dan Romero pfp

While I appreciate you sharing suggestions, when talking to devs, funding is the not primary issue. It’s growing retained users. We have yet to have an ecosystem app drive growth. Ecosystem assets have driven growth, but they don’t need grants.

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basil pfp

appreciate you too. my suggestion was more holistic. yes, grants are probably least impactful of suggestions. also probably most cost effective too: why not incubate, especially if belief is an app will drive growth at some point? and if assets are driving growth now, why not invest in some capacity? do you not agree that if the ecosystem appreciates around emerging communities retained users will grow?

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Dan Romero pfp

1. Very few successful apps, esp. in consumer, are incubations. 2. Not really something you do with a pre-cash flow positive venture backed company. Agree that if the ecosystem grows the network will grow. But our contributions will be in product / software and then figuring out ways to get more retained users on Warpcast available to everyone else on Farcaster.

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basil pfp

yes, but these are mini-apps, which in many cases can be developed over a weekend hackathon or on the side as legos & have the potential to reach hamster kombat virality, which would push fc into the mainstream overnight. additionally, as said, if the belief is that one of these apps will drive growth at some point, does it not make sense to lean into this at least in some capacity? you’ve already issued retroactive grants, why not roll out an official full dev-focused initiative that writes small seed checks/grants with cohorts, hosts quarterly hackathons & open-forum community dev projects or the like? anything that comes form the top down signals ecosystem alignment & confidence. again, this is one option, and a relatively cheap one that could lead to near overnight mainstream success. moreover, initiatives like these could introduce & align devs & lead to new projects forming. sometimes it’s just a matter of reaching out to a TG game dev with “how can we get you inframe?” this is just one piece

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Dan Romero pfp

> sometimes it’s just a matter of reaching out to a TG game dev with “how can we get you inframe?” this is just one piece What makes you think we’re not already doing this?

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