Farcaster

I love the fact that people are earning meaningful amounts of money on here, but the argument that FC is better because “I earn much less on X for doing much more” is nonsense. The money comes from somewhere, and Farcaster’s funding will run out eventually. 

They’re subsidizing growth hoping users won’t need a cash incentive to join once the network hits escape velocity. Its a tried and true playbook but shouldn’t be conflated with the platform somehow being superior to X. Its a temporary feature.

(P2P tipping is very different and IMO a much more interesting feature)

Can’t subsidize new users forever though regardless of if they stay or not

I think most of those arguments are memes, if not, then yeah it's really funny and not an argument.

also the subsidized growth is just a boost to attract people some of them will later stay for other things.

marketing strategist & storyteller / fun geopolitics nerd / adhd fun baddie

Won’t be sustainable to give rewards at the current rate. X gives lower rewards for a reason. The LTV for a user is well below what Farcaster is currently paying people

X also has a monetization process so I dont think Farcaster will stop rewards program