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Tay Zonday
@tayzonday
I always look for historical analogs. There was a time when consumer adoption of intranets (AOL, Compuserve, Prodigy) exceeded consumer adoption of the Internet. Proximity to blockchain architecture rather than centralized Web 2.0 architecture is crudely analogous. The historic disruptor was the utility and adoption of the World Wide Web as a decentralized protocol. The Internet had numerous early protocols: Telnet, Usenet, IRC, Gopher, etc. None of these drove adoption with irresistible cost savings through merging of labor and objectives. What is 2024’s World Wide Web equivalent? Is it Farcaster itself and we’re just in the year 1990 on the WWW adoption curve? Where does a flexible Layer 1 social protocol solve problems that are created by needing to appeal to X/Twitter, Threads, Layer 2’s like Lens and more closed architectures like BlueSky? Crudely put, what causes today’s investor to say “Fuck it, use Farcaster” the same way investors slowly gave up on building in Compuserve and Prodigy?
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Cameron Armstrong
@cameron
unironically I think it’s native tokens and wallets Even with just the micro community that existed here 6 months ago, we helped @bigshotklim sell $40K+ worth of collectibles and NFTs (I think of them as digital stickers for fans) through transaction frames without warpcast taking a cut It just worked and all the margin goes to the creator - for makers of things I think it will become more obvious over time how unsustainable existing platform models are outside the power law winner creators
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