frames

Updated Daily Frames just shipped 🎉 ensuring that every offer you encounter is relevant to you. As you engage more across the Farcaster community you'll become eligible for more discovery rewards! 

Experience it now 💜

https://farcaster.relayer.tech

congrats on building something dope @tsiz! awesome to see your vision come to life. feels like one of those rare moments of instant product-market fit tbh.

🧵 

@relayer just served me an ad in a farcaster frame that was tailored to me based on my wallet history. i was offered a $5 incentive to try out @insrt...

1/

The network powering the next generation of e-commerce experiences. Join the internet of commerce at
https://www.relayer.tech/

Win the expensive or unobtainable with odds generated in real time.

So i took the bait, dove down the rabbit hole, and here's what I found:

@insrt is a provably fair casino w/ clean UI where you spin the wheel to win a prize. Odds are actually pretty decent, and if you don’t win the top prize, you still win $MINT, @insrt's token which accrues more value each time users spin.

2/

Buidl the change you wish to see in the world. Customize your space on /nounspace, download @shapeshift, donate on @giveth, pick up @trashnfts #bestdayever

3/

I did some quick napkin math on the odds, and was pleased to see that many of the collections had reasonable odds of 1:1 to 1:2, basically a 50% - 100% probability of positive ROI, 1-2 orders of magnitude better than lottery tickets. And that’s before factoring in the MINT earned from each spin 👀

I even found 1 with positive ROI, an mfer worth .76 ETH, with .01 ETH spin price and 1 in 75 odds of winning. Normally this should set off alarm bells, but hey this is web3, and the odds are onchain and provably fair. I proceeded to spin maybe 15 or so more times, which was fun and easy because...

4/

..insrt lets you mint multiple spins in a single tx. Once I had spent .1 ETH, I was committed to spinning until I won. Fortunately it did not take 75 spins, and after about 20 or so spins (I lost count 😅), that mfer was MINE 🏆 🎉

5/

So to recap, I more than tripled my principal, earned 17.5K $MINT that I will def be holding, and most importantly, had a lot of fun and got to learn about and play with 2 cool dapps. Not bad for monday morn!

If anyone is reading this, you’ll recall this cast started with a h/t to @tsiz for building @relayer...

6/

This W would not have happened if @relayer hadn’t presented @insrt to me let alone offered me a small, but motivating $5 incentive.

I first heard about @relayer about 7 months ago when @jacksanyoda introduced me to the @tsiz to explore integration with @undefined.

7/

I was immediately a believer in the concept because I loved the idea of giving ShapeShift users cool “missions” where they could earn rewards for exploring the decentralized universe in a way that generates revenue for the DAO without costing the user anything (we had just done this with 20k users & 300k OP)

8/

Without going too far on a tangent, I believe positive sum business models like this are a winning strategy, especially when it comes to open-source, community-owned apps.

I have lottttts of thots on this topic summarized here: https://twitter.com/willyogo/status/1656025695842123792

9/

That said, I always try to tame my relentless optimism with healthy skepticism. While @relayer sounded amazing in theory, it was just a concept at the time. So, we invited @tsiz to come present to the community during product office hours, liked what he pitched, but asked him to come back when relayer was live.

10/

Fast forward 6 months, and today I got to see an early version of the product working even better than I had hoped it will. Props to @tsiz and the @relayer team for building something awesome, both for users, dapps, and interfaces/wallets. Bullish on y’all and hope to see you integrated with @undefined soon!

10/

Check the cast I quoted up top to test @relayer out for yourself. If their engine thinks you’ll be interested in @insrt, you can get the same $5 incentive I did. If the engine doesn’t think you’re a good fit to serve any ads, you’ll get some free $DEGEN and a message to try again tomorrow. Good luck!

/Fin