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Ferran 🐒
@ferran
1/2 My forecast for 2025 is that the integration of Farcaster’s social layer in Coinbase Wallet will be a spectacular failure. We'll probably see a spike when it comes out of beta (after all, there’s a segment of Coinbase Wallet users who enjoy trying out new things and if they do it well people will try it out) but I predict that by the end of summer, no more than 5% of messages will come from there, and DAUs via Coinbase will be negligible. The reasons? Current Farcaster status quo simply isn’t appealing outside an extremely narrow niche. People don’t want a social layer tied to their wallets. And 99% of people don't give a fuck about financial incentives (basing a significant part of your growth strategy on that is shooting yourself in the foot. It’s a massive trap that could be very difficult to escape from). Continue...
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Pichi 🟪 🍡🌸
@pichi
These are the hot takes I’m here for.
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Ferran 🐒
@ferran
Same! I kind of miss having convos that break us out of our own bubble or maybe is just nostalgia for the "small room" ol' FC times. (But in fact I'm just honoring the spirit of my pfp)
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