Farcaster

1/2 My forecast for 2025 is that the integration of Farcaster’s social layer in Coinbase Wallet will be a spectacular failure.

We'll probably see a spike when it comes out of beta (after all, there’s a segment of Coinbase Wallet users who enjoy trying out new things and if they do it well people will try it out) but I predict that by the end of summer, no more than 5% of messages will come from there, and DAUs via Coinbase will be negligible.

The reasons? Current Farcaster status quo simply isn’t appealing outside an extremely narrow niche. People don’t want a social layer tied to their wallets. And 99% of people don't give a fuck about financial incentives (basing a significant part of your growth strategy on that is shooting yourself in the foot. It’s a massive trap that could be very difficult to escape from).

Continue...

How many people agree secretly with this channels take? 

How many people see opportunity and are watching the opportunity be passed by? 

Merkle says we are in the minority and so our take bears no weight. 

But what if channels were cultivated to enable long form discussion. 

So much here.

This is longform content, people. In a channel.

This is longform content, people. In a channel. 

https://warpcast.com/meganmichelle.eth/0xd5e1ba0a