Impact

Impact Alpha will allow us to go from the “impact vs. profit” meta we have on Farcaster today to an “impact = profit” meta.

Today you have an economic incentive to build whatever lets you extract the most value from the ecosystem, not what benefits the ecosystem the most. You also have little incentive to share your code with others, because doing so would just help the competition and give you a smaller share of the pie.

The result is that the ecosystem gets none of the benefits of devs collaborating and enhancing each other’s work, while attention is fractured between the different competing projects.

Of course you can choose to forgo some of that profit so you can benefit the ecosystem more, or share your code with competitors, but that just reinforces the fact that you’re operating within an “impact vs. profit” meta.

So how does Impact Alpha transition us from a “impact vs. profit” meta to a “impact = profit” meta? (Part IV)