Warpcast

Not financial advice

It's worth pointing out that trending onchain notifications do surface things early—in some cases.

This morning we sent a notification around 8:15am PT about a new coin $GHIBLIFY created by @nounishprof.

We had a bunch of people complain that this notification was bad and/or meant the coin had peaked.

However, hours later, a prominent celebrity on Twitter bought the asset via Bankr. And the price increased.

What does this mean?

- First: not every notification will keep increasing in price afterwards. Many will gown down in price!

- It does mean that our algo is surfacing onchain activity that many other people on Farcaster are doing.

- Additionally, we now surface additional information about coins like the creator, the date created and the cast that created it (when available)

- We're going to continue iterating on these notifications—thresholds to send, what information to provide—because many people find them useful.

- If they bother you, you're free to turn them off

Personal take:
Warpcast seems to be moving further away from mass adoption with each passing day. 

Maybe they will succeed in attracting a slice of CT (a target already motivated by economic incentives) but at the same time this is a GtM strategy that will likely exclude 99% of people. 

Hard to believe the whole Merkle team sees people this narrowly, so I think there are big chances that this strategy is intentional, at least for the short to mid term. They are sacrificing “normie” adoption to ensure growth numbera with “degens”.

@vocdoni, prev. Bitcoin Magazine | Purple #203 | Cohost: /diy /anthropology /vote /biohacking /cooperatives

We're trying to grow with cryptonatives and normies that are crypto curious.

Ultimately, we need to lean into what is differentiating (crypto). There's nothing inherently compelling about a decentralized social network for most people (beyond a small hardcore group of people).

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

i think the way youre approaching this is the only path (focus on the differentiator) but what gives me pause is that as someone who understands crypto well (tens of thousands of txs yearly) the hard lean into degen behavior is still a turnoff

its probably a me thing, but it seems like youre betting on that crypto curious ≈ defi/degen/gambler, and thats the persona every normie/the younger gens will adopt, which also may be true, especially if ai cont to squeeze jobs

so basically 5y plan:
- crypto as diff
- there wont be any jobs
- everyone will turn to speculation
- warp/farc will be perfectly positioned to leverage that emerging world state

agree, but the "air" of warpcast is very degen-first just taking a stroll down the feed

> hard lean into degen behavior 

We pay out in USDC. I don’t think that’s a hard lean into degen behavior. :)