Farcaster

Here's the full AMA on YouTube.

https://youtu.be/iOn30qk20-8

My personal takes from the AMA:

The 5 USDC reward for the top 100 casters isn’t really about the prize, it’s about the spirit of competition. Since all Farcaster data is open and there are dashboards in Airstack and Dune, this fair competition will continue to attract new participants.

The two main niches on Farcaster are meaningful text-based discussions and memes on any topic.

It’s worth finding a cozy corner in these niches and focusing on quality content.

Games, mini-apps, and videos probably won’t become a niche on Farcaster. Plus, developing them would require significant team resources with unclear prospects.

Focusing on quality content in text-based discussions and memes is key to success on Farcaster, rather than games or videos. The spirit of competition, not just the rewards, drives participation. Finding a niche and engaging with the community is crucial for newcomers.