If you’re a VC funding a Farcaster client you fucked up. If you’re building a Farcaster client and took VC money you fucked up.

c/acc - 🏴‍☠️🌊 Bring me that Horizon 🍹
Gold League of Legends player

http://icebreaker.xyz/syed.fc

Warpcast, Supercast. 
Maybe there’s a point where client can sustain venture scale returns. Otherwise client has to crush VC returns or VC return expectations forces clients to capture protocol.

I expect most VC investments force clients to make decisions that aren’t optimal long term. Overtaken by non VC clients.

I was thinking def channel specific clients but I think it applies generally.

1/ How will Farcaster succeed if apps have to compete with Warpcast?

If there are enough daily active users of the protocol and the underlying data and APIs are actually permissionless, people will build new and interesting apps.

This has been the plan since the beginning (channels being a new thing along the way).

I have no doubt Farcaster will succeed. I have similarly high confidence in Merkle to steward the protocol to that point.

I don’t have the same confidence elsewhere.

When alt clients overtake Merkle (post protocol channels) either in users and or returns is when it gets interesting. I’d say sooner than later too.

Farcaster OG | Building avascan.info | Growing /routescan / superscan.network | host /block-explorers /nolactose

Rome, Metropolitan City of Rome Capital, Italy

That's a dogma now, but I bet as everything comes onchain in the next 3-5 years, more clients just means more ways to do social networks.

I don't think Facebook, Instagram, Twitter and Linkedin will be here for long. And there could be a FB-flavored client, an IG, TW one, etc.

Many such cases. Founders are gonna have bootstrapping as the go to strategy shortly