Consumer Crypto

The fundamental issue with consumer crypto today is lack of consumers. 

Consumers need interesting or entertaining content to stick around.

Sign ups are irrelevant if you can’t retain them.

Everything else is a marginal improvement at best.

Farcaster is probably the best consumer related crypto app I’ve ever used.

What other crypto apps are this sticky with committed users?

Are there any others with people spending 40+ hours a week on?

I know that’s not the point you’re getting at, but I thought it was worth saying anyway. 

Content quality here is improving imo. Maybe not as quickly as people would like, but it’s definitely happening.

Founder of /success & /insider-trading. Search Marketing Director at Kraken Kratom.

We haven’t figured out a repeatable growth motion for finding power users that stick around.

Might eventually have to pay content providers. The shitcoin purveyors have been doing that lift for Warpcast, but it’s like VC subsidies for Uber. Eventually Uber had to pay drivers. Farcaster got $100,000,000. Should see itself as a network, curate and pay talent.