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Erik
@eriks
gm rgs ☕️ can’t believe this defiant headline and article lol wrote down some thoughts: the narratives are gonna continue to look more disconnected from what’s actually happening onchain - this is already the case when we look around at many (not all) legacy crypto media brands reality is many of these brands have incentive for social to stay the way it is, where they’ve built audience and influence, and earn significantly from it, how many do we see here actively? few as we all know legacy media relies on broadcasting to earn ad rev, but fc is different - media on fc is driven by permissionless community participation and free market incentives for ALL, not just the brand just as twitter continues to be a threat to legacy media bc of how it decentralizes the news flow, fc is doing the same but on another level, and it starts w crypto bc that’s what is often discussed here continued below! https://thedefiant.io/news/nfts-and-web3/remember-farcaster-activity-on-the-socialfi-dapp-is-plummeting
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Hopi🎩🍖🎭🔵Ⓜ️
@hopi
gm Erik indeed fc is the place where in fact the majority are not just observers but in fact active participants who are the foundation of our little society hehe
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Erik
@eriks
big facts - doesn't follow the typical 90/9/1 rule - more like 50/49/1, potentially even greater participation than that
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