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Content
@
https://warpcast.com/~/channel/consumercrypto
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Dan Romero pfp
Dan Romero
@dwr.eth
The fundamental issue with consumer crypto today is lack of consumers. Consumers need interesting or entertaining content to stick around. Sign ups are irrelevant if you can’t retain them. Everything else is a marginal improvement at best.
70 replies
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Maretus pfp
Maretus
@maretus
Farcaster is probably the best consumer related crypto app I’ve ever used. What other crypto apps are this sticky with committed users? Are there any others with people spending 40+ hours a week on? I know that’s not the point you’re getting at, but I thought it was worth saying anyway. Content quality here is improving imo. Maybe not as quickly as people would like, but it’s definitely happening.
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Dan Romero pfp
Dan Romero
@dwr.eth
We haven’t figured out a repeatable growth motion for finding power users that stick around.
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Icetoad πŸ• 🎩 🐈 pfp
Icetoad πŸ• 🎩 🐈
@icetoad.eth
What qualifies as "sticking around"?
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Dan Romero
@dwr.eth
Using an app daily
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Icetoad πŸ• 🎩 🐈 pfp
Icetoad πŸ• 🎩 🐈
@icetoad.eth
Over what period of time though? 3 months? A year?
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Dan Romero pfp
Dan Romero
@dwr.eth
30 days later the user is still using the app daily
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Icetoad πŸ• 🎩 🐈 pfp
Icetoad πŸ• 🎩 🐈
@icetoad.eth
Ok. Currently what kind of retention are you seeing for new 30 day DAU users? 1 in 20 new accounts?
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