A solution for significantly reducing bot accounts is charging every account a nominal amount to be on a platform ($5 say). A bot farm will not spend the money to have their thousands of accounts post on that platform. 

Does this hold water or am I missing something here?

I photograph, write, and nap. /brooklyn /new-york

Wow. I don’t remember paying I guess! Because I def wasn’t invited.

That being said, I’m still trying to understand the “value” that these bot accounts are gleaning from Farcaster. All I see are AI-generated blurbs about crypto in every cast…

memebuilding • prev manifold.xyz, twilio.com

Wow. I don’t remember paying I guess! Because I def wasn’t invited.

That being said, I’m still trying to understand the “value” that these bot accounts are gleaning from Farcaster. All I see are AI-generated blurbs about crypto in every cast… https://warpcast.com/r4zor7

This also means that Farcaster is losing tons of storage capacity on trash casts, even if they are getting paid for it. I guess Warpcast’s decision will put a big dent in the value prop.

That’s how it worked all last year. It still isn’t free today.

You paid about $5 for storage when you sign up, if you didn’t it’s because the person who invited you paid for you.

It works but isn’t sufficient because farcaster accounts are valuable. 100k accounts were minted during the degen boom last feb cause the value easily exceeded the sign up fee.