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Dan Romero
@dwr.eth
Weekend Video AMA questions! What’s on your mind re Farcaster? What are you frustrated with? What’s confusing? What’s something you think we’re unaware of but is important?
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phil
@phil
I think it's really important to lean into the onchain interactions that are happening between users. Your working theory (as I understand it) to onboard new users is interesting content. I believe that onchain interactions are a rich source of highly interesting social content that is basically not being surfaced at all in the app today. Here's a specific example: I'm in a groupchat with @zinger that we're using to trade. The man is an animal. It's engaging to watch him enter and exit positions. That wallet is probably connected to his Farcaster account. Why can't I see that activity on his profile? It feels like a slam dunk and a huge differentiator to other social networks. Show me when someone sends ETH to someone else. Show me when someone mints someone. Show me when someone is up 10,000x on a meme coin. Show me when someone uses some new DeFi protocol or makes a loan. There are apps attempting this, but w/o Warpcast's reach or eng chops. Eat their lunch. It's all there in the open!
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wijuwiju.eth
@wijuwiju.eth
hey, curios what can we do to improve on our side if we had these eng chops?
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phil
@phil
I’m not sure. I don’t use Interface daily but I’ve kept up with the product since we spoke a bit at FarCon and think the copy trading feature is the right direction. It clearly seems like you’ve seen growth from that which is encouraging Generally I am suspicious of the tendency to mimic what’s working in successful social apps since those tend to be winner take all environments The question becomes: if someone cloned “Interface feature X” tomorrrow, why would our users keep coming back? Hope it’s helpful and I’m rooting for you to build something great
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wijuwiju.eth
@wijuwiju.eth
Nobody said it will be easy, Interface has 100x less funding than Merkle and has 0 distribution vs Uniswap, Base, Consensys or World. That’s excluding going beyond our little crypto playground where there are real players like Telegram and X. But appreciate the support, thanks! Hope we get to earn our hotdog for lunch.
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