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Content
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Varun Srinivasan pfp
Varun Srinivasan
@v
Warpcast is giving out $5 each day to the top 100 casters. Rewards are given based on the amount of engagement your casts get divided by the number of active followers you have. We'll run this experiment through the end of the year to see if it drives people to create more interesting content for Farcaster.
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Varun Srinivasan pfp
Varun Srinivasan
@v
Engagement is not counted if it comes from low quality, spammy or unknown accounts. These classifications are determined through a combination of manual inputs and machine learning. You can read more it here: https://www.notion.so/warpcast/Public-Warpcast-Caster-Rewards-22ef8c4e782846dd88ea11195b1641a1
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jesse.base.eth ๐Ÿ”ต pfp
jesse.base.eth ๐Ÿ”ต
@jessepollak
incredibly based
3 replies
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Michael Pfister pfp
Michael Pfister
@pfista
The modal shows I got $84
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Icetoad ๐ŸŽฉ ๐Ÿ• ๐ŸŽถ ๐Ÿˆ ๐Ÿ’š pfp
Icetoad ๐ŸŽฉ ๐Ÿ• ๐ŸŽถ ๐Ÿˆ ๐Ÿ’š
@icetoad.eth
Glad you are dividing it by followers. Smart way to even the playing field!
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nicholas ๐Ÿงจ pfp
nicholas ๐Ÿงจ
@nicholas
Do USDC rewards go out at the same time each day?
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Garrett pfp
Garrett
@garrett
great experiment
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Erik pfp
Erik
@eriks
this is awesome varun first time a social platform has done this onchain, and without advertising powering it impressive and looking forward to seeing where it goes โœŠ
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Darryl Yeo ๐Ÿ› ๏ธ pfp
Darryl Yeo ๐Ÿ› ๏ธ
@darrylyeo
Neat, thanks!
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nicholas ๐Ÿงจ pfp
nicholas ๐Ÿงจ
@nicholas
cool! i'd love to see actual rank and know how many active followers i have.
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McBain pfp
McBain
@mcbain
Thanks for the Coffee!
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Shira Stember pfp
Shira Stember
@shira
Cool. So curious to see what kinds of posts get engagement and if it is different than what happens on other platforms. Hoping to see experimentation in format + good quality content ๐Ÿ‘ฉ๐Ÿปโ€๐Ÿ”ฌโœจ
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conca ๐ŸŽฉ๐Ÿ’ป pfp
conca ๐ŸŽฉ๐Ÿ’ป
@0xconca.eth
Oh there you go yay ๐Ÿ˜„ Thank you guys โค๏ธ https://warpcast.com/0xconca.eth/0x43f93b37
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Icetoad ๐ŸŽฉ ๐Ÿ• ๐ŸŽถ ๐Ÿˆ ๐Ÿ’š pfp
Icetoad ๐ŸŽฉ ๐Ÿ• ๐ŸŽถ ๐Ÿˆ ๐Ÿ’š
@icetoad.eth
But how are replies, recasts, quote recasts and likes weighted?
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Venkatesh Rao โ˜€๏ธ pfp
Venkatesh Rao โ˜€๏ธ
@vgr
Prediction: Youโ€™ll see a suppression effect outside of the 100. Iโ€™d monitor the next 100-400 too and the churn in the top 100. Predictions: 1. Consistently top 100 casters will have LinkedIn-like banality to them; a formula unconsciously adapted to the algorithm 2. People who win once will likely get worse in their casting in the next cycle or two whether or not the win against. 3. Top people who are aware of the experiment but donโ€™t win will also worsen slightly due to perception of engagement farming incentives No free lunch theorem will eat this experiment
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Michail / Opium Hum / Hyper Real pfp
Michail / Opium Hum / Hyper Real
@opiumhum
me, posting weird music only
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Chinmay ๐Ÿ•น๏ธ๐Ÿฟ pfp
Chinmay ๐Ÿ•น๏ธ๐Ÿฟ
@chinmay.eth
Is it based on how well the cast is doing? or does it look for more information? For example, we are seeing 100+ engagement on the frame that we built, but the cast itself has 5-6 engagement.
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alixkun๐ŸŸฃ๐ŸŽฉ๐Ÿก pfp
alixkun๐ŸŸฃ๐ŸŽฉ๐Ÿก
@alixkun
I'm really looking forward to the moment when someone will come up with an idea that doesn't reward the top accounts of Farcaster. Literally 90% or more of all the ideas we've seen to redistribute value through Farcaster always end up going to the same 100 accounts. It's kinda disheartening to be honest...
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Xen Baynham-Herd pfp
Xen Baynham-Herd
@xenbh.eth
great experiment
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Lulu pfp
Lulu
@nekofar.eth
I see a flaw in this innovation of yours; unless, of course, weโ€™re only counting those accounts youโ€™ve been shilling since the dawn of time until recently to new users. Who else has enough followers to even dream of making it into the daily top 100? ๐Ÿ˜„ Can you show me an example of those, if they even exist? ๐Ÿ˜น
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