matthewb

@matthewb

2376 Following

6506 Followers

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I have started publishing research on Farcaster-native protocols and products. first up is pt. 1 of my @clanker deep dive which covers: - How Clanker works and bot deployment flow - Clanker rewards mechanism and splits - V3.1 and what's new - protocol metrics and revenue https://paragraph.xyz/@matthewb/clanker-pt1

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basically running the jimmy playbook. reminds me a lot of his casts. in fact, the strategy is so similar that I wouldn’t be surprised if they are the same person or somehow connected.

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looking forward to your report

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damn there is so much personality behind these offerings

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yep, this one caught my eye today as well. also worth noting that the engagement is very odd, not a single account on FC gets 1:2 comment:like ratio unless some huge announcement or similar. clearly not organic.

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yes, worthwhile to keep thinking along these lines. two relevant data points as counterpoint: - a few thousand $120 pro subscriptions were purchased by sus accounts - rings of accounts have spent $2-3 multiple times to create new accounts and bump each other up on the leaderboard so, status quo is ~20% of top 100 is largely farming behaviour. while that’s still possible and incentives remain in place, this back and forth likely continues between farmers and the new barriers erected.

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AMMs are fundamentally goofy in that you don’t really know with 100% certainty how many tokens you’ll receive for your swap. so, in order for a DEX to give you an exact output of tokens, it’s altogether possible that when rubber hits the road you’ll get fewer tokens than simply using a specific input in the first place. tldr; usually it’s possible but not ideal e.g. if you try it with Jupiter on Solana it’ll issue a warning along those lines.

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this is the part where you explain wtf you’re talking about to others who are not domain experts in your narrow niche

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friendly exception for genuinely curious newcomers vs. extractors trying to mirror the FC audience’s interests for leaderboard rewards

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account posting about crypto apps, wallets, etc. but either doesn’t have a twitter account or created one two weeks ago

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agreed, I have the same intuitive feeling re: token swaps. unfortunately, specifying an amount of {output token} rather than {input token} is almost always disadvantageous to the end user with most AMMs. and in the case of 0x’s infra, not even supported atm.

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not sure I have a clear answer for the “why,” but overall creatives are generally quite good at sussing out what is cool, trendy, interesting, etc. so a lot of the meta game being played by creatives on social (and through their work) is about navigating trends and responding to them by sitting at the bleeding edge of what’s next. put another way, creatives are very attuned to trends but also therefore susceptible to a certain degree of groupthink. every designer on planet earth loved mushroom lamps a few years ago, did they all really have a genuine interest in Guzzini et. al? probably not. I think that same tendency extends elsewhere but on longer timescales. artists and creatives have historically been largely left-leaning, and that has been amplified by “infographic activism” on IG and elsewhere that promotes a particularly shallow form of activism devoid of much critical thought or material engagement. signalling, riffing, and referencing in much the same way that one engages in visual culture. all of this to say that there tends to be a great degree of homogeneity to the publicly expressed views of artists and creatives, which is at odds with personality traits like openmindedness and curiosity which encourage heterogeneity, diversity of thought, etc.

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far more than I could summarize in a short reply, but most creative fields (fine art and design in particular) have lots of performative politics baked into the culture. so there is a set of “right” opinions on issues that one needs to hold publicly, straying beyond that is dangerous. it’s not quite as over the top as bluesky’s culture but certainly not dissimilar. despite this, most of these same people consider themselves fundamentally open-minded and define that as a value. what they mean by this is more like “I will consider new viewpoints that reinforce my existing viewpoints” rather than actually being open to new ideas or challenging their existing beliefs. AI is a good example, lots of these folks share infographics that are presenting false information (e.g. water usage) and never fact check or try to learn more. genuinely curious and open-minded people don’t behave like this, of course.

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yeah, not so much a comment on the stereotype but rather that creatives are some of the least open-minded people who consider themselves very open-minded

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these same people will tell you that they’re very open-minded people and love learning new things

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thank you for being a punching bag for the industry, doing god’s work

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hahah yes, very likely the case. agreed that there’s an image problem as @six pointed out: https://farcaster.xyz/six/0x79a81775

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stay safe niloofar, thinking of you 💜

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