Unironically need someone to unpack what it means to "make money" on Farcaster.

There is a cynical, extractive "make money" conditioned by crypto. Spam, sybil, squat, and farm as much as you can with minimum effort. Demand free money for doing nothing but being early. If you don't get it fast enough, scrap anything that's not bolted down and sell it for parts. Hard to blame anyone who does this: it's just part of our culture! But it won't work here, and these users seethe, cope, and churn.

There is an earnest, productive "make money" mostly enabled by the social graph. Warpcast rewards, Cura channel tokens, Rounds, Moxie, Ham, Degen, Clankers, Hypersub, Pods, Zora, Rodeo, frames, games, commerce, apps, creating something of your own. You "make money" by doing things: posting, memeing, creating, curating, selling, building, playing, trying, exchanging. The list is long and unlike anywhere else. It's so foreign it is often "cringe". And there is a lot in between these modes.

But someone should write it down.

Nicely framed. Making clear distinctions between the cynical-extractive and the earnest-productive make-money messaging is important.

I've written a lot about my experience in the Farconomy and I'll be writing a lot more, so I'm looking forward to more unpacking of this messaging.

Writer, senior editor, music nerd, GenX eldergoth, monastery-bootstrapper. https://paragraph.xyz/@danicaswanson https://tinyurl.com/Black-Stone-Wordsmith

Need people to make clear distinctions between these two things in all areas of life.

I'm eth newbie..just learning
(working on @farcaster)

terminally.online

exploring the intersections of technology, decentralization, and post-capitalism • links: thumbsup.me

Yes. I think it's brilliant framing from @horsefacts.eth because it makes such a clear distinction between these modes... and also mentions that there's a lot in between them, too. 

Maybe they should be considered opposite ends of a spectrum.

Merkle has more work to do on the messaging to retain content creators long-term, though. Making money on FC is one thing; making a *living* in the Farconomy is another. To build businesses here, creators need realistic paths to sustainable long-term revenues without burnout from overwork.