fc-updates

Creating an /fc-updates channel for important Farcaster updates

The channel will be broadcast only, and @dwr.eth and i will be the only ones who can post. 

Follow this channel if you want to keep up with the latest and greatest changes to Farcaster (and Warpcast, when relevant)

Small update for channel passes

You can now set a channel pass price to 1,000,000 warps—effectively gating who can create a new cast in your channel. 

If someone does buy your channel pass, just revoke it and as the host you keep the warps.

Will have a way to gift channel passes without warps soonish.

I would like a skin-in-the-game setting where a channel contributor can buy a pass to make casts, and as channel host I can slash their pass, if I do the warps are returned to the warps pool (or burnt).

This gives good incentives to both me and channel contributors.

The only problem is externality pricing.

Building https://negationgame.com

*sets up bad incentives*
*gets bad results* 
*surprised pikachu*

Charlie Munger from the grave *rolls*

If you're worried about the host rug pulling in a channel, maybe time to pick a different channel, start a new one, cast in your home feed.