Lior - PostFarcon Syndrom on Warpcast

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https://warpcast.com/~/channel/ted

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ted (not lasso)

i agree with @kyle that crypto is financial infra, and it is a big miss if we assume financial = speculation OR financial =/= culture. the most popular consumer apps are both social and financial: - flip, whatnot, tiktok: social commerce platforms - roblox, pokemon go, clash of clans: in-app purchases for virtual goods - gas, sendit, ngl: premium features for fun, social boosts - youtube, twitch: tipping, subscriptions, channel memberships all of these apps integrate financial features to monetize (to survive and grow) without turning the user experience into a casino. contrast that with apps where speculation is the core experience: draftkings, online poker, sweepstakes casinos, etc. in those, winning or losing money is the product. different design choice, different user experience. financial infra can power commerce, entertainment, creativity, connection outside of pure speculation. how we communicate and frame the financial part is important, especially when it comes to the purpose of an app.

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This is so well said, "all of these apps integrate financial features to monetize (to survive and grow) without turning the user experience into a casino." @lior what is your take on this topic?

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Lior - PostFarcon Syndrom

I agree with Ted, I think people tend to put everything in one bulk because it makes it easier to resonate on things, but I try to split the audience and accept that there are different personas with different problems and different needs. Speculators just want to speculate and make money - they are not necessarily the classic web3 social user that you might think of But they're crucial to allow velocity of capital and content that is driven by the speculation That velocity drives those that are attracted by the innovation and are excited by the opportunity to use apps that also come with some financial upside And then come the builders that can benefit from having these two distinct personas - they can deliver experiences that are fun and social with a financial element that serves both speculators and users.

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Yes, I agree. My thought is that channel specific mini apps, can allow building communities of common values to monitize not in a casino style. For example /nature uses @cura . There's still the FC wide apps like @ponder by @cojo.eth to stimulate a variety of values, passions, and political perspectives. I see great news for FC with mini apps.

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