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wake 🎩 pfp
wake 🎩
@wake.eth
back in november, no one on twitter knew about farcaster. by december, ct transplants of two kinds began arriving, drawn like moths to our bright, beaming shitcoins: >profiteers, inspired by $POINTS (then $DEGEN) and the farcaster narrative >tourists, who follow profiteers but have no skin in the game the ct transplant tourists were gone by May/ June. the ct transplant profiteers who haven't left are still churning and will exit by end-of-year. their fortunes ride or die with twitter, whether they realize it or not. markers: >exited farcaster social tokens (all at once or progressively, disillusioned) >out of alignment with native farcaster token economy (no tribe) >pontificated often and loudly on why: [insert reasons here, usual blah blah] >theatrical pivot to alternative crypto scenes (Solana, usually) risk: >ct profiteers are habitually toxic: their farcaster shitcoin profits were less than they wanted (of course) and that makes them bitter and unneighborly. fascinating to watch play out, tho 🍿
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Fer 🎩🖼️ pfp
Fer 🎩🖼️
@fercaggiano
I came here way back because I wanted a web3 based social. It felt lonely until my art friends started joining. It was going great for a while but like all socials, it reached the point where they cut the engagement for the average accounts and people are leaving. Shitcoins and points were a big player but what truly was brilliant for art was the frames to mint within the app. Now that I’ve lost my PB the frames don’t even load automatically. My friends are leaving. Maybe we are the tourists 💩
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wake 🎩 pfp
wake 🎩
@wake.eth
no, but it does sound like you're on the edge of churning out over technical friction (ie, frames). that's understandable. confused by "cut engagement for average accounts" -- can you expand on that?
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Fer 🎩🖼️ pfp
Fer 🎩🖼️
@fercaggiano
I lost my PB and so did most of my friends. Without it, I went from getting a decent amount of views to 1-2 views per cast. Artists share art, not so much new content and for the algo we seem to be spammers I guess, as our content is based in repetition. I can imagine why we lose engagement but it’s impossible to keep sharing new art everyday when we spend so much time trying to be seen (not only here, it’s the constant struggle you will hear from 99% of artists everywhere) and there is very little time to actually create. I’ve been a full time artist for ~25 years. It’s a cruel industry. And I’m one of the successful ones - if you consider all I’ve achieved. And yet, without exposure we get no sales. Not sustainable. Seriously considering to get a car again and Uber to cover basic bills.
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wake 🎩 pfp
wake 🎩
@wake.eth
focusing on the relationship between power badge and views: how are you measuring this? why put priority on "views" and not "conversions"?
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Fer 🎩🖼️ pfp
Fer 🎩🖼️
@fercaggiano
By views I meant engagement of any sort. Ive had the PB for maybe one month. The difference on engagement is brutal. To some 75% would be my guess. Financially speaking, this app never truly helped on sales, only crumbs of low mint items. But there was a good reward with tips and points that could convert to income. I’m hopeless with that so I never actually made any $ with it. I don’t do well playing games (where you get in a circle and the $ keeps circulating within the same hands). The truth is that I personally don’t have the profile to monetize here and besides meeting some nice people (that vanished from my TL) I’m not sure why I bother. My friends are all leaving and the ones who haven’t are lost in the algo.
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wake 🎩 pfp
wake 🎩
@wake.eth
I'd take a hard look at the engagement you got before. If it didn't lead to conversions it wasn't worth much and might have been bad-signal/ misleading. "Views" suck, generally, and are extremely volatile. Likes and such are also pretty trivially gamed/ worthless on their own. All about dat conversion funnel. What I'm hearing is: you didn't make much money through mints (normal), don't play tip games (normal), and don't have a monetizable profile yet (normal). You haven't made much money and now don't expect to. Makes sense to me. And yep, if your friends left (for whatever reason) and you aren't seeing the content you want on your timeline (for whatever reason), it makes sense the purple app would bore tf out of you now. Have your colleagues found success on Insta?
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