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Martin
@koeppelmann.eth
I want Farcaster to succeed as I think it is truly important for humanity to have a "global town square" based on a neutral protocol rather than a platform owned by a single company, or worse, a single person. Still, I keep switching my default behavior to post on Twitter, simply because I get ~10x more resonance on Tweets. I assume (at least in the crypto-Twitter world) I am not the only one in this situation. So maybe some form of vampire attack could work. Try to get at least 1,000 people from CT with >1,000 followers to commit x$ to post exclusively on Farcaster for 1 month. As soon as the 1,000 people are reached, the agreement kicks in and everyone should only post here. Those who break the agreement get "slashed," and the slashed money is distributed among those actually following through. WDYT?
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Varun Srinivasan
@v
Even if you manage to convince all of CT to switch, at best you have a fragment of Twitter. People still want to read about the election and other stuff and will just go back over time. Network effects are really strong. If you look at social networks there are really two paths to success: 1. Be early on a new technology wave that leads to media production (e.g. TikTok and mobile video) 2. Create a new social primitive that brings people together in a fundamentally unique way (snapchat and ephemeral content)
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Varun Srinivasan
@v
Onchain might be an example of (1) - it creates a shift in how people interact, but the problem today is that it is at best a weekly or monthly activity for most, which isn't enough for a social network. This might change, but it's not clear how fast and it's a bit low agency to bet on other people doing stuff to make Farcaster grow.
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Varun Srinivasan
@v
Channels are an approach to (2) that we're going to take a bet on - creating small, niche public communities around topics in a way that isn't possible on any other social network We're going to be shipping some stuff here that we discussed on the last dev call. it's the experiment we're most excited about, but we'll have to see how it plays out.
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