Content
@
0 reply
20 recasts
20 reactions
df
@df
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
12 replies
0 recast
52 reactions
df
@df
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.
2 replies
0 recast
3 reactions
df
@df
@dwr.eth what do you think of this idea? perhaps they get 50 casts and 200 reactions & 3 months expiry - at the end of that period, or sooner, they get prompted to fully onboard and pay. Slashing mechanism could be rudimentary mvp for now, Warpcast doing it algorithmically
3 replies
0 recast
2 reactions
payton ↑
@payton
I like this sort of free trial idea. Can you rent an FID? Probably not? I assume those would need to be disposable as soon as someone has it (even if temporary). I think renting smaller storage units would be great.
2 replies
0 recast
0 reaction
@
0 reply
0 recast
0 reaction
payton ↑
@payton
I was thinking of it more like rentable NFTs. I think it would need to be "wiped" unless you pay in full. A wipe would just mean that the FID is no longer under your ownership (and is burned?) Now that I think more about it, maybe smaller storage units are the way
1 reply
0 recast
0 reaction
