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Erik
@eriks
gm rgs âïž canât believe this defiant headline and article lol wrote down some thoughts: the narratives are gonna continue to look more disconnected from whatâs actually happening onchain - this is already the case when we look around at many (not all) legacy crypto media brands reality is many of these brands have incentive for social to stay the way it is, where theyâve built audience and influence, and earn significantly from it, how many do we see here actively? few as we all know legacy media relies on broadcasting to earn ad rev, but fc is different - media on fc is driven by permissionless community participation and free market incentives for ALL, not just the brand just as twitter continues to be a threat to legacy media bc of how it decentralizes the news flow, fc is doing the same but on another level, and it starts w crypto bc thatâs what is often discussed here continued below! https://thedefiant.io/news/nfts-and-web3/remember-farcaster-activity-on-the-socialfi-dapp-is-plummeting
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Erik
@eriks
fc is about individuals first, based on the premise of ownership and alignment of incentives in community versus extraction of community prob the reason we donât see many of these brands here even when this app can do more onchain than all other social apps combined - we can def be patient and iâd guess some will continue to come around, but as mentioned at the beginning wouldnât be surprised at all to see the narratives of legacy crypto media get further and further away from whatâs actually happening, which will give opportunity to the new ppl building media on fc today đ± now letâs have ourselves a friday đ
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Mistershotđ©
@mistershot
Gm Eriks.
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Erik
@eriks
gm legend đ«Ą
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