Farcaster

nook

A client has a one-way dependency on Merkle. The only growth option for a client is to acquire new users. Building in crypto is hard enough, no need for the dependency.

Interesting feedback on building on top of FC.

It’s hard to fault their logic - having a massive dependency on and early stage startup is essentially taking a double bet, especially for building a full client.

Remains to be seen if niche clients like Buoy and Crew can be profitable.

Startup artist seeking inspiration.  Champion of /bcard

The dependency is on the Farcaster daily active user growth rate which has been Merkle’s top priority since going permissionless last year.

Developers need a big enough TAM, so we have to deliver on that to make Farcaster worth high opportunity cost time.

Would you reconsider "win crypto first"? 

This isn't like facebook going after college campuses. Winning crypto first has a high risk of pigeon holing the entire vibe of farcaster to crypto. 

Why not go try to win subreddit by subreddit, community by community so that the kind of content here starts to diversify?

𝓵𝓲𝓿𝓲𝓷𝓰 𝓽𝓱𝓮 𝓮𝓷𝓭𝓵𝓮𝓼𝓼 𝓼𝓾𝓶𝓶𝓮𝓻 • building @buoy 🛟 • pfista.com

There isn’t one, but I think energy should be focused on creating that sooner rather than later to avoid being trapped and stalling out in crypto years down the line 

Best incentives today are channels, direct monetization for mods via crypto, censorship resistance, graph portability