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Erik pfp
Erik
@eriks
“…you will have an onchain identity that you own and is not controlled by anyone other than you. that will be your gateway to many more onchain social apps that will be built over the next decade.” we are literally in the first inning of a farcaster app boom 😮‍💨🌱
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✿ Gil Alter ✿ pfp
✿ Gil Alter ✿
@gilalter.eth
1/ Your identity will be the foundation of your personal data system, where you will own your data, transforming it into a valuable asset. Our information will generate revenue for us, as we control who accesses it. Look at the revenues of Facebook and X.com to understand the potential.👇🏽
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✿ Gil Alter ✿ pfp
✿ Gil Alter ✿
@gilalter.eth
2/ This is why Web 2.0 social networks can't compete with Farcaster; they are doomed in the long run. It's like the Stone Age versus the Bronze Age—they have no chance.
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Erik pfp
Erik
@eriks
their incentives don’t align w user incentives, farcaster changes that positive sum 🌱
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✿ Gil Alter ✿ pfp
✿ Gil Alter ✿
@gilalter.eth
Exactly Alignment of interests is the key 🔑
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