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Erik
@eriks
gm rgs ☕️ can’t believe this defiant headline and article lol wrote down some thoughts: the narratives are gonna continue to look more disconnected from what’s actually happening onchain - this is already the case when we look around at many (not all) legacy crypto media brands reality is many of these brands have incentive for social to stay the way it is, where they’ve built audience and influence, and earn significantly from it, how many do we see here actively? few as we all know legacy media relies on broadcasting to earn ad rev, but fc is different - media on fc is driven by permissionless community participation and free market incentives for ALL, not just the brand just as twitter continues to be a threat to legacy media bc of how it decentralizes the news flow, fc is doing the same but on another level, and it starts w crypto bc that’s what is often discussed here continued below! https://thedefiant.io/news/nfts-and-web3/remember-farcaster-activity-on-the-socialfi-dapp-is-plummeting
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Erik
@eriks
fc is about individuals first, based on the premise of ownership and alignment of incentives in community versus extraction of community prob the reason we don’t see many of these brands here even when this app can do more onchain than all other social apps combined - we can def be patient and i’d guess some will continue to come around, but as mentioned at the beginning wouldn’t be surprised at all to see the narratives of legacy crypto media get further and further away from what’s actually happening, which will give opportunity to the new ppl building media on fc today 🌱 now let’s have ourselves a friday 😏
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Dream
@cryptobrye
Thanks for the share @eriks sharing on my pov when I came back here again, I know a lot was developed and multiple projects/protocols/builders built here but I could say still we are early, it honestly feels like Day1 again with some people still not knowing Farcaster (i was here only Jan 2024) and I think still X twitter and Telegram holding majority of the market (ie we dont have all the Big brands having their “social mandatory” X accounts, and heck theres not enough shillers also on farcster 😂) Once Big brands comes in here and start to marketing onchain, I think it will have domino effect.
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wake
@wake.eth
early twitter for oprah winfrey. the best we can do is @balajis.eth lol
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