Dan Romero pfp
Dan Romero
@dwr.eth
If you remove cost, you have infinite spam. If you gate sign ups, it's not permissionless. Warpcast has tried a couple of large, reasonably scaled experiments with free sign ups and the long term retention rate is basically 0.
34 replies
9 recasts
95 reactions

Stephan pfp
Stephan
@stephancill
You can have both via fee waiving programs
2 replies
0 recast
5 reactions

Dan Romero pfp
Dan Romero
@dwr.eth
1. Who gets into the program? 2. What happens when someone is onboarding spam defined by Client A but they don't think it's spam? 3. If onboarding fee was the most important thing, I would expect a read-only client would have done well. The existential issue is increasing the supply of quality content. Content comes for 1% of users, so for every 99 sign ups, you get one potential person.
2 replies
0 recast
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Stephan pfp
Stephan
@stephancill
1. could do phone numbers, like warpcast did for a while iirc? 2. define a set of rules to start and adjust them as required 3. farcaster apps can't "do well" yet, too few people care about farcaster
1 reply
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Dan Romero pfp
Dan Romero
@dwr.eth
1. Outside of the US, phone numbers are super easy to spin up and get around Twilio VOIP detection. We experienced this at-scale at Coinbase and again when we tried with free phone number sign ups in Q1. 2. I suspect this sounds much easier than it would be in practice. People would flip out if we kicked them out of the program.
0 reply
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4 reactions