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Surprised I didn't see monetization brought up.
I hope your team is aware that this is one of the core strengths if not the most important advantage of Farcaster.
Social Media has two main parties participating:
- Creators
- Consumers
As a content creator, web2 does not allow you to earn a living. Platforms like Twitter, Facebook, YouTube all make it extremely hard or impossible to monetise your content.
The divide between what creators achieve and provide, and what they get paid for it, is huge. This is because middlemen siphon away everything.
These Web2 Social Platforms are intrinsically unaligned with the interests of their users - creators and consumers.
Farcaster changes this. I've earned a decent amount of money through Farcaster, enough to keep me going. On Facebook, with a reach far far larger than anything I get here (millions every month), I got $0.04.
My content, when it reaches the eyeballs of thousands of people, is worth something, and here I get paid for it. 1 reply
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