phil pfp
phil
@phil
Farcaster Rewards are great. If they can scale ~10-100x we will start to see people who can make a full-time living off of posting content on Warpcast, even if they have no other form of monetization. That's powerful.
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jihad โ†‘ pfp
jihad โ†‘
@jihad
Do you think this financially makes sense for Merkle? e.g. giving away $1k/week to the top 10 and $500/week to the top 30?
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๐‘ถ๐’•๐’•๐’Š๐ŸŽฉ๐ŸŒŠ pfp
๐‘ถ๐’•๐’•๐’Š๐ŸŽฉ๐ŸŒŠ
@toyboy.eth
What about the frame you talked about sometime ago
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Steamthereum pfp
Steamthereum
@steamthereum.eth
Where can I read more about this?
1 reply
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erik nelson pfp
erik nelson
@eriknelson.eth
I had assumed rewards were a growth/marketing cost, where could that 10-100x increase come from?
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KryptoniPrebell pfp
KryptoniPrebell
@kryptoniprebell
Farcaster Rewards have the potential to be a game changer for content creators
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Tamrat pfp
Tamrat
@tamrat
trying to add a lil more scale to it via @ethcash :) Would be great to see others adopt either the warpcast rewards leaderboard or another criteria to reward farcaster users every Tuesday https://warpcast.com/ethcash/0x806d23ad
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Garrett pfp
Garrett
@garrett
Do you think there's a realistic path to them scaling to that point? $15k/week to $150k/week seems like a big jump for a VC-backed startup to continue to fund. Curious if you see other ways that may these rewards more sustainable over time.
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Abbas๐ŸŽฉ๐Ÿ‘พ pfp
Abbas๐ŸŽฉ๐Ÿ‘พ
@abbass.eth
100x my weekly reward, and I'll quit my dealing job.
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Push ๐ŸŽฉ๐ŸคŒ๐Ÿป pfp
Push ๐ŸŽฉ๐ŸคŒ๐Ÿป
@push-
Canโ€™t wait ngl, but you gotta watch all the pair of shoes before wearing them imho, and be proud of all the ones you have๐Ÿ’†๐Ÿปโ€โ™‚๏ธ
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J Finn ๐ŸŽฉ pfp
J Finn ๐ŸŽฉ
@jdotfinn
that's basically what Moxie was trying to do imo. you think they can afford to 10 - 100X it without creating a token?
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Callum Wanderloots โœจ pfp
Callum Wanderloots โœจ
@wanderloots.eth
Theyโ€™ve made me work to be more consistent with my casting, thatโ€™s for sure. Even at this scale. Would put in more time and effort if the rewards were large enough
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SydneyJason pfp
SydneyJason
@sydneyjason
Just an order of magnitude or two. Network effects + crypto rails ftw ๐Ÿ™Œ
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agb pfp
agb
@nftits00
scaling rewards would also directly scale adoption, engagement & retention on warpcast. huge!
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