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raulonastool.eth 🎩 🏰
@raulonastool
Finally had a chance to listen to the first text-to-video AMA by Dan and had some insights/reactions: 1. Dan is hyperfocused on user growth through increasing the supply of quality content. This is nothing new. It's good to see Dan maintain the same messaging all this time while also showing off some knowledge on growing successful products. However, one thing that is a bit clearer to me now is that the team is more focused on growing the product/platform (Warpcast) as a means to grow the use of the protocol (Farcaster). 2. Dan defines high-quality content as domain experts sharing their knowledge with commentary (and sometimes jokes if they're REALLY funny). I really don't love this approach as I believe it creates classes of users, i.e., there are good users (domain experts) and the lower class of users that engage with that content. Also, it is less clear to me now who the audience for Warpcast is if that's the kind of platform they want to create. That's a very niche use-case of Twitter. [Continued]
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Scott Kominers
@skominers
Incidentally, on point 2: I think this is closer to the way most social media platforms work than many people realize. Social media platforms tend to be dominated by a relatively small number of "creator" accounts that generate content, which others then engage around; this is perhaps most intuitively observable in the social media platforms where the content formats are heavily constrained. Twitter (pre-Musk) was optimized around news and real-time information providers; Instagram favors many different categories of visual creators like artists and fashion influencers. (That said, a big part of the social glue that drives recurrence and engagement on these platforms is the back-and-forth chatter between consumers as they interact with each other around the backdrop of the central creators' content.)
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Scott Kominers
@skominers
One feature of FC is that it drastically expand the set of content formats, which expands the set of possible focal content experience niches it can fill for different users. But this also probably makes it harder to lock in or focus on any specific one. (At minimum, it makes the texture of the user experience more complicated!) Still, imo probably good to lean into encouraging the user base to experiment with different content foci to see which ones produce the most stickiness and recurrence.
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