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Dan Romero
@dwr.eth
We’re planning to launch a new, optional “Pro” protocol subscription 1. At launch, subscribers will have a Pro badge on their profile 2. Subscription will be onchain and part of the protocol. 100% of the proceeds go to casters / developers in weekly rewards. This in addition to the existing $25K+ a week in rewards. 3. Planning to add longer casts (10K characters) and up to 4 images per cast for pro subscribers (needs a protocol change). Additional features over time. 4. $120 a year / $10 a month Why are we doing this? - The protocol needs to find long-term revenue source that can continue fund caster and developer rewards beyond any one company. - We originally thought storage fees could be that, but we’ve realized that storage fees should be essentialy free to help growth. - So we’re trying an opt-in pro subscription as another model Why now? - Figuring out a long-term revenue model that works will allow us to double down on investing in growth
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Dan Romero
@dwr.eth
FAQ What if I don’t want to subscribe? - You don’t have to. It’s too expensive - The subscription is opt-in. We’re also hoping to make it easy to gift others partial subscriptions. We also think rewards will be a way for people to earn a pro subscription. Why not launch with the additional features? - Our goal is get an initial version out and iterate.
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shazow
@shazow.eth
Should we be thinking of this as "Farcaster the protocol" Pro, or "Farcaster the app" Pro?
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Dan Romero
@dwr.eth
Protocol. Said that multiple times!
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ShinyZero
@shinyzero.eth
I had the same q, and now thinking about multiple clients and how they each might interpret “pro” status differently.
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