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Content
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ted (not lasso) pfp
ted (not lasso)
@ted
two things can be true: 1. this is good revenue generation for these pods that wouldn’t have been generated on traditional platforms 2. as a podcaster, “minutes listened” is infinitely more valuable to me compared to “mints,” which imo is the most unreliable onchain metric for quality of multimedia content
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William Lopez-Cordero pfp
William Lopez-Cordero
@locoblock.eth
Love this convo and overall agree! One small correction: Farcaster casts is actually considered “onchain” data since it’s publicly available data that can be indexed by any third party. “Offchain” data would be twitter social data since that’s proprietary data that isn’t shared publicly and is owned by a web2 company that stores the data on their own proprietary servers. Overall agree that the best combo is “offchain” and “onchain” data but it’s more difficult to get “offchain” data because what drives web2 social business models is the fact that they own this dataset that others don’t have. Thats why advertising works really well for web2 businesses because it’s the proprietary data that provide value to these web2 companies. Just my two cents 💰
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