rommy
@fingerguns.eth
A solution for significantly reducing bot accounts is charging every account a nominal amount to be on a platform ($5 say). A bot farm will not spend the money to have their thousands of accounts post on that platform. Does this hold water or am I missing something here?
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jtgi
@jtgi
That’s how it worked all last year. It still isn’t free today. You paid about $5 for storage when you sign up, if you didn’t it’s because the person who invited you paid for you. It works but isn’t sufficient because farcaster accounts are valuable. 100k accounts were minted during the degen boom last feb cause the value easily exceeded the sign up fee.
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rommy
@fingerguns.eth
Wow. I don’t remember paying I guess! Because I def wasn’t invited. That being said, I’m still trying to understand the “value” that these bot accounts are gleaning from Farcaster. All I see are AI-generated blurbs about crypto in every cast… https://warpcast.com/r4zor7
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jtgi
@jtgi
There may have been a promo for people with USA phone numbers. I can't quite remember, but its paid. Example from last year with degen: degen gave any farcaster account a tipping allocation. They'd create accounts and tip each other. Otherwise, there have been many airdrops for people who participated in channels or clicked frames. Sometimes doing some action requires a certain amount of social capital or anti-spam score and so they're seasoning accounts to coordinate behavior in the future.
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rommy
@fingerguns.eth
Ah so they created an ecosystem ripe for bots to farm for tips. Wild! I’ve learned so much today.
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