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tomato

@tomatoxyz

236 Following
39 Followers


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JA Westenberg
@joanwestenberg.eth
The difference between satire and reality is about 48 hours and a press release.
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heet.eth
@tike
content is ephemeral. and incredibly abundant. you could equate it's abundance to money, but money, is a standardized barter, while content is not. there's more content pieces each week than the TOTAL number of content pieces in the world 21 years ago. you're likely looking at 400m pieces of content pieces published each day. also, content has the shortest shelf life. you're going to see 0.0001% of content pieces will have value over, say, a year or a decade [ie, if @naval's how to get rich without getting lucky was a coin, or @balajis.eth's purpose of technology / exit > voice] you're ideally looking at a new wave of free markets / new asset class, like what art was in the renaissance, but here, each piece has more liquidity / virality compared to then [which also means that while outcomes remain same, ie 1/1m piece works, there's way more pump n dumps]
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tomato
@tomatoxyz
The greatest and most consistent day of sleep ever witnessed in history.
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tomato
@tomatoxyz
I kind of question how you'd be able to provide high-level detailed strategy documents without some prior period of onboarding and actually understanding the company and it's context. So it more sounds like they're fishing for underpriced work or trying to get work without keeping the worker.
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Reid DeRamus
@reidtandy
How can we help writers earn meaningful, reliable income? Open edition NFTs haven’t quite gotten us there, so we have to find a better solution. We wrote a couple posts on why we think coins may be a better model (part 1 below) — we'd love to hear what you think. https://paragraph.com/@reidtandy/rethinking-how-writers-get-paid
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tomato
@tomatoxyz
I would fathom a strong guess that "everything is a coin" would alienate viewers and content creators and just end up leaving whatever platform it used to be filled with sybil accounts and low quality content farms.
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tomato
@tomatoxyz
There's actually very sound reason most platforms require a certain amount of viewership or other metrics before monetisation options become available. If you let everyone coin content you will not only end up with content mills but widespread copyright infringement and low effort or even illegal stuff that crowds out legitimate content and makes whatever venue it is hosted on highly unattractive. As soon as you introduce "incentives for everyone" it can very quickly get out of control. Crypto natives may think this stuff is attractive but it just ends up with everything looking like a casino and isn't actually conducive to people making interesting or valuable stuff in the first place.
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tomato
@tomatoxyz
They may make sense when videos have millions of views but the reality is that something like 95% of user-generated content is worthless. In some ways it is a better arrangement for rewards to come post-popularity instead of being a speculative instrument that will likely just get dumped. There are ways to channel part of advertising revenue into content coins but it quickly becomes complex.
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@tomatoxyz
To add: a lot of content actually seemed a whole lot better before mass monetisation became available - turning it into an effective stock ticker might just make it that much worse.
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tomato
@tomatoxyz
4. Web 2.0 models are inherently broken and it's extremely difficult to quantify how many real people even watch ads to begin with.
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christopher
@christopher
web3 “ads” will fundamentally mutate from Web 2.0 models for a few reasons: 1. Decentralization forever changed data ownership. Users have greater control over their public data through identity protocols like Farcaster, making traditional targeted agency advertising inefficient. 2. Token-based economies independently create new incentive structures where users will be directly rewarded for their networked attention or participation, e.g. $BRACKY. 3. Smart contracts enable transparent, programmable relationships with verifiable metrics. Uno can go find the best communities to engage ourselves that return the best value back go our users.
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tomato
@tomatoxyz
Good thing Google removed a whole bunch of APIs for Google Photos at the end of March lol
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tomato
@tomatoxyz
When you say apps here do you mean clients or mini apps?
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Linda Xie
@linda
With Snapchain live -> "easier for apps to sponsor users and enable "free onboarding" for the majority of users who want to join Farcaster"
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Danica Swanson
@danicaswanson
I've been thinking about this stubborn how-to-get-writers-sustainably-funded problem for a long time, since it pre-dates crypto. It's actually become one of my main intellectual interests over the years. Without getting too far into the weeds, here are a few thoughts: What if Paragraph were to zoom out and focus more on the social layer from a systems perspective -- i.e., think of context, curation, and conversation as the primary paths to value creation, rather than individual writers? Could Paragraph help writers collectively build thriving creative scenes with network effects accruing to the contributors -- writers, editors, curators, preservers, and readers? One of the things that drew me to Paragraph in the first place was the quote-highlight feature, for example. Could Paragraph give contributors places to preserve quotes and respond to them in ways that might help draw others into an ongoing conversation around the work? Maybe in a mini-app?
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tomato
@tomatoxyz
will be super interested to attend this
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sahil
@sahil
join us on thurs (4/17) 11am PT to talk about future of channels :) will be hosted on the spaces mini app (link in quotecast), built by @moe. fun fact - using one mini app to talk about another one!
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@tomatoxyz
just tipped my favorite farcasters! thank you @trigs @jstn @joanwestenberg.eth @ted @rafa @kristyanak @abundance @keccers.eth and the rest for being here :)
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tomato
@tomatoxyz
Done
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keccers
@keccers.eth
It’s genuinely tragic to me how absolutely mogged the “right but too early” get time and time again Really feels bad 😂
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