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basil (recession arc)
@itsbasil
increasingly more 10k fids & below are in my dms calling for me to get LOUDER it appears the inner circle is finally getting pissed off? two notable developments: 1) “get louder for us” — people are scared to speak up due to fear of retribution from ex-cb mafia (this is horrifying, no different than censorship & why we get called linkedin) 2) just talked to a second crypto & fc og who is now advising an fc competitor interested in tokenizing the social graph: one just wants to start a fire; the other is giving “fine i’ll do it myself” energy while i appreciate dans recent visibility on the timeline, we’ve debated this time & time again to no end & nothing has changed out of love for the network, the people want SOME of the 100m+ of capital being SAT ON deployed & deployed LOUDLY starting with ONE non dev hire to run ONE of these initiatives (to start): > eco fund > marketing & ua > branding & optics > grants & devrel > meaningful creator rewards & ambassador program
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@six
> meaningful creator rewards & ambassador program they are deploying 5 figs a week (and increasing) into both of these exact things?
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basil (recession arc) pfp
basil (recession arc)
@itsbasil
haven’t talked to a single person who hasn’t scoffed at even $200 a week these are consistently the top 500 people here (who don’t need it) with a few outliers week to week the consensus is too little too late the ideas are > match x creator rewards (all in) OR > reinvest it into one of the other buckets (all out) i am just an echo
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@six
i don't mean to sound dismissive i think the concerns are valid but it honestly does (at least partially) seem like a self-fulfilling prophecy/moving goalpost, where people see what they want to see and ignore what they don't e.g. re incentives - i personally see a lot of people on the leaderboard, who i have never heard of, or who i know are small accounts, but i go to their profile and they are posting great stuff and deserve the reward, this means the system is directionally working imo to amplify and reward them without being gamified or e.g. the farcaster retro grants they did a while back, another point you suggested not tryna be Merkle Defense Team or anything, lots they can prob be doing better, startups are about iterating based on contact with reality. but feels like a pattern i am observing in the discourse: > call for X thing > X thing gets implemented > either ignore X thing or say it's not enough, not the right way, or say ok but what about Y
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basil (recession arc)
@itsbasil
i hear you on the rewards. i also think the system is actually quite good at highlighting lesser known accounts i think the issue stems more from the belief that paying these smaller accounts ultimately does little to grow the greater network whereas if that capital was used to attract creators who ~already have communities~ those communities would follow them here as opposed to forming another community here with the same faces found in all the rest
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@six
i just think you would get the same criticisms and goalpost moving in that scenario. like if merkle pays ansem to come here and start posting to try and bring CT over. the same criticism would just shift to "how come ansem/[insert established creator of choice] is getting paid, he definitely doesn't need the money, i've been here so long and merkle doesn't care about me"
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basil (recession arc) pfp
basil (recession arc)
@itsbasil
surely there will always be the “screwed if you do, screwed if you don’t” argument to be had i think nerves would calm down a bunch if they announced a non dev hire ngl the general consensus is simply: please try something, anything, but we cannot afford to wait any longer & we have a literal fuck ton of capital just sitting there so wtf in light of: the network is materialized; frames are here; clanker has attention, political convergence, competition is coming, bull market…. please get out there & try more aggressive tactics, we lose nothing if it fails https://warpcast.com/itsbasil/0xce1dec54
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