Cameron Armstrong
@cameron
/lounge Day 5 Can you build a venture scale business on Farcaster today? What makes you believe that?
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Cameron Armstrong
@cameron
I think you can START a venture scale business on Farcaster today, but not build one entirely unless something in the next 24 months goes really really right. The challenge with Farcaster is that while it's incredible for getting your first 100 (or even 1000 users depending on the product category), it doesn't have...
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matticus.evav.eth ⌐◨-◨
@matticus.eth
we have to start asking ourselves why do people show up to farcaster? is everyone here a startup founder trying to make money, do people only buy products to test it out or to earn more tips. when you have a social network of builders what do you sell? infra? we need some user metrics or polling.
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Ribin Ruck
@na
think air conditioning system: there is some heat load and a cycle of media that bears it. if a stable billion users calls for a load of: 80% read mode (tired from work) 16% log mode (just recording stuff) 3% fork mode (one-offs) 1% founders (spinning narratives). how do we grow our current cycle into this stability?
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Cameron Armstrong
@cameron
imo the 1% is the hardest part to sustain so focusing mostly on it does make sense to me for the most part
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Ribin Ruck
@na
what media carry the founder load? can they be generated in the fc system? can they flow into other systems?
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Cameron Armstrong
@cameron
idk what you mean by this
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