underestimate culture and vibes at your absolute peril. 

blockchains very much are brands. 

back in the 60s Robert Irwin was frustrated that all the good artists would move from California to New York and a famous dealer told him that no matter your stature, a painting that would sell in 1 day in NY might take weeks or months to sell in LA. 

if you disagree and think blockchains are just invisible tech try launching yr consumer crypto product on IOTA or Stellar and see how far you get.

@dwr My post was mainly about culture and vibes, but yes we can focus on backend tech.

Dan Romero

underestimate culture and vibes at your absolute peril. 

blockchains very much are brands. 

back in the 60s Robert Irwin was frustrated that all the good artists would move from California to New York and a famous dealer told him that no matter your stature, a painting that would sell in 1 day in NY might take weeks or months to sell in LA. 

if you disagree and think blockchains are just invisible tech try launching yr consumer crypto product on IOTA or Stellar and see how far you get. 

https://x.com/dwr/status/1852062425773953092

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

d30 matters less and less when there's not user growth alongside it

Stay Curious // iixii // Lazer Technologies // Prev: CoinDesk, Roc Nation // based

Lol brother this is backwards

Growth matters less and less when there's no retention preceding it

Why attempt to grow something that people use once and stop using?

building /fc-marketplace // prev. rabbithole, village global

Maybe it is!  My point is that I think you can parrallel path growth and retention opposed to being 100% focused on retention

Did early social apps solve for retention or network effects? 

Why did I come back to Facebook or Myspace in the early days?  Because more and more of my friends were there to be social, not to consume content 

A lot of social media today is really about media and content consumption rather than a social network for me to talk to my friends or connect with a social circle

Bias Research Ltd. • fartist 
De-di-designer, autodidact. 🗿 UX AI/ML  • Channeling @punk • 
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Yeah totally!  And there's entrenched players with strong existing network effects which makes it very hard for new players.  A lot of social interactions have moved to messenger apps/platforms.

My hope was (is) that FC could be more about social than media 

My working thesis is that social media was 90% social / 10% media at the start and now it's basically flipped to 90% media / 10% social

I think there's a real demand for true social experiences and interactions without forcing content to sit in between.  Human connection is more powerful than good content.

Early days it was also a way more novel thing, social sites are a dime a dozen now

Parallel pathing assumes you know what is working with retention already and the casts dictate that we’re not there yet

I see your point, but unfortunately that parallelizing rarely works.

Why?

1. Splitting time half on growth / half on retention leads to lack of focus

2. Without retention you have a leaky bucket - adding more total users doesn't change the number of active users (thus, no growth)