removing the cost for real users to join and contribute to the network is an existential problem farcaster needs to solve

most people don't pay for social media - doesn't matter if it's $1 or $10 - it's not something they're used to

this is also an existential problem for apps building on farcaster

If you remove cost, you have infinite spam.

If you gate sign ups, it's not permissionless.

Warpcast has tried a couple of large, reasonably scaled experiments with free sign ups and the long term retention rate is basically 0.

It’s not about the friction of the sign-up cost. It’s about the friction of attracting the wrong users. This platform is not ready for mass adoption yet. Everyone who came, paid, and stayed is an "Innovator." The "early adopters" came and left. The good news is tens of millions of Innovators own crypto, use social media, and are native English speakers or ESL (English as a second language). There are also Japanese, Korean and Spanish native speakers using WC/FC in native language communities.

Photographer /itookaphoto /lightchasers /nature | 
Business Development + GTM https://app.icebreaker.xyz https://linktr.ee/jlcolton 

The revolution will be decentralized! Cast your shot /itookaphoto - /itookavideo - /moviesuggestions - /tvsuggestions - https://linktr.ee/inceptionally 

the riches are in niches! I think Moxie has the power help all of us optimize with way less tipping friction.

👀👀👀

Interesting. Finding PMF within certain communities is essential in these early days. I’d love to see us optimize for “good casters” - only good casters turn into great casters!

420 $degen!