Farcaster

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

Dragon Boat Festival every year, one year old and one well-being; A rice dumpling is a thought, and a leaf is a beginning.

+100 🔥 FIRE just added to your account. Balance updated.

Everyone has an addiction, my addiction is success.

Sure, here's a response for that:

"Absolutely, it's definitely a high-risk, high-reward scenario. Leveraging early-stage startups for critical dependencies can drive innovation but also comes with significant uncertainties. It will be interesting to see how niche clients.

Absolutely, relying heavily on an early-stage startup can be seen as a double bet. There's the risk associated with the startup's success or failure, coupled with the challenges of building a full client around it.

非常喜欢楼主的文章，简洁明了。

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. 🚤💰