social

Farcaster

The limiting factor for Farcaster’s growth is the supply of high-quality interesting / entertaining organic content.

Most people who are focused on creating content optimize for networks with large existing audiences because while hard to break through, the upside is massive.

Solve for X.

Another observation that took me a while to properly model: people use Twitter differently. 

Most people don’t post. It’s a news and entertainment app. Fodder for a group chat. 

For people who post, they post for their group of friends also on the app.

For a very small group of users—but the group of users that makes Twitter valuable—it’s a PVP status video game. Engagement turns into followers  which is the intra-network relative metric of status. Even more so since Elon killed the Ancien Régime blue checks. 

See also @packy’s The Great Online Game.

https://www.notboring.co/p/the-great-online-game

Moving Markets

I noticed a conspicuous lack of news on farcaster so I created /moving-markets