Farcaster

Artist, strategist, and designer. Studying the meta and building decentralized brands. https://www.artsos.app/usersteen-eth

I think top of funnel discoverability is something to improve. 

Clear value prop, call to action to sign up, explain why there’s cost.

But the reality is word of mouth and invites from passionate existing users will be the best growth vector.

I think the Farcaster registration cost is the highest drop off stage of the funnel - most users don't have enough proof of value

The highest leverage opportunity right now is figuring out how to increase the perceived value to the user before getting them to pay; other apps use the freemium model for this problem

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

Farcaster needs a similar free onboarding funnel to have a greater timeframe to convince users it's worth paying for. Without allowing for sybil or spam. 

Need ideas!

Perhaps you could stake $7 to "light" invite a user, giving them a smaller amount of storage that expires sooner. If they spam, you get slashed.

- There should be multiple sponsor who can cover the cost
- There should be a way to track sponsor reputation: sponsor allows spammers in -> cost goes up for them

Talks about crypto and coffee. Building on-chain algo trading - check out my channels /algo-trading and /python

- Also there should be revenue side of the coin: how a sponsor can make money if they bring high quality (read: real humans) participants to Farcaster