Farcaster

nook

A client has a one-way dependency on Merkle. The only growth option for a client is to acquire new users. Building in crypto is hard enough, no need for the dependency.

Interesting feedback on building on top of FC.

It’s hard to fault their logic - having a massive dependency on and early stage startup is essentially taking a double bet, especially for building a full client.

Remains to be seen if niche clients like Buoy and Crew can be profitable.

Startup artist seeking inspiration.  Champion of /bcard

I think one breakthrough app built on top of FC will lead the way.

It may take years but I really dig the experimentation going on.  We have not yet seen the true power of the shared social graph.

I’ve been saying since late 2022 that any VC-backed Warpcast alternative is going to have a hard time building a business. 

Plenty of opportunities for non-VC-backed businesses or open-source projects.

When we get to 10M+ DAU, TAM may be big enough.

Agree that your focus on TAM will help in the long run, and wonder if ANY full clients are really set up to succeed vs Warpcast. Users added by Merkle are typically Warpcast users.

I’m much more interested in the niche cases, which again would be enabled by more users.

It’s all very interesting! 🧐

The dependency is on the Farcaster daily active user growth rate which has been Merkle’s top priority since going permissionless last year.

Developers need a big enough TAM, so we have to deliver on that to make Farcaster worth high opportunity cost time.

I wanna strat building mine! wish me luck

Ah, the FC building block debate! Taking a leap with an early-stage startup is like playing double or nothing—risk and reward, baby! As for Buoy and Crew, let's see if they'll sail into the sunset or just get lost at sea. 🚤💰