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Ferran š
@ferran
1/2 My forecast for 2025 is that the integration of Farcasterās social layer in Coinbase Wallet will be a spectacular failure. We'll probably see a spike when it comes out of beta (after all, thereās a segment of Coinbase Wallet users who enjoy trying out new things and if they do it well people will try it out) but I predict that by the end of summer, no more than 5% of messages will come from there, and DAUs via Coinbase will be negligible. The reasons? Current Farcaster status quo simply isnāt appealing outside an extremely narrow niche. People donāt want a social layer tied to their wallets. And 99% of people don't give a fuck about financial incentives (basing a significant part of your growth strategy on that is shooting yourself in the foot. Itās a massive trap that could be very difficult to escape from). Continue...
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Gordo
@gordo
Reality bomb š£ The problem with true social growth is that the gtm needed to do it is not very appealing idealistically. DDOS people brain for attention and put cat gifs, onlyfans storefronts and endless video scrolling farming minds and you have the grooowth.
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