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links 🏴
@links
Interesting feedback on building on top of FC. It’s hard to fault their logic - having a massive dependency on and early stage startup is essentially taking a double bet, especially for building a full client. Remains to be seen if niche clients like Buoy and Crew can be profitable.
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Dan Romero
@dwr.eth
The dependency is on the Farcaster daily active user growth rate which has been Merkle’s top priority since going permissionless last year. Developers need a big enough TAM, so we have to deliver on that to make Farcaster worth high opportunity cost time.
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links 🏴
@links
Agree that your focus on TAM will help in the long run, and wonder if ANY full clients are really set up to succeed vs Warpcast. Users added by Merkle are typically Warpcast users. I’m much more interested in the niche cases, which again would be enabled by more users. It’s all very interesting! 🧐
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Dan Romero
@dwr.eth
Web browsers and to a lesser degree Ethereum wallets are good to study. Need to bootstrap the initial user base to a certain level of scale before alternative clients become viable VC-scale outcomes.
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