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Just had our mind BLOWN listening 🤯 to @dwr.eth talk with @eulerlagrange.eth @dawufi about Farcaster's secret sauce for building the next big social platform Here are 12 highlights that will make you question everything you know about web3 social(e.g farcaster, mastodon), crypto twitter 🧵
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1. Why a 10% Improvement Isn't Enough to Beat Established Brands. Dan did 400+ (!) Zoom calls just to onboard users. He'd literally sit there, watching people struggle with the app.
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2. The Truth About Ethereum's Decentralization: Think Again! here's the kicker - even Ethereum, which everyone calls "fully decentralized," isn't immune to human influence. If Vitalik wants to fork it... it's forking! (He's literally done it before 👀)
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3. Be Your Own Biggest User: The Key to Understanding Consumer Psychology. Dan spent TWO YEARS keeping Farcaster closed, personally onboarding the first 20k users. Why? Because as he puts it, "people don't go to nightclubs for good drinks - they go where the cool people are"
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4. Creating Habit: The Hard Truth About Consumer Apps. Consumer product gold: You can't hack your way to viral growth Day 1. The secret? Intensive user interviews, constant iteration, and obsessing over that crucial first 1-2 minutes of user experience.
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5. Seize the Moment: Why You Should Drop Out for Crypto. Dan says bull markets are actually TOUGH times to join crypto (everything seems to work!). Better to join during quieter times when you can really learn fundamentals. Hmm... 🤔
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6. Humans Are Status-Seeking Monkeys. Humans are status-seeking monkeys, and sometimes the most interesting spaces are built by the people willing to start fresh. That's the Farcaster bet, and honestly... kinda here for it.
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7. The Sinister Side of Consumer Apps. Dan did 400+ (!) Zoom calls just to onboard users. He'd literally sit there, watching people struggle with the app. Talk about dedication! But this "schlep work" created the perfect onboarding experience they have today.
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8. The Stark Reality of Starting a Startup Don't start a company because you "want to be a founder." You'll know you're ready when you literally can't stop thinking about your idea. Otherwise? Join a Series A/B startup showing product-market fit signs.
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9. Revolutionizing Social Media: The Power of Porting Your Twitter Following. Big crypto Twitter accounts actually fight AGAINST Farcaster because... ready for this... they don't wanna lose their status & start from zero! It's like a weird social experiment playing out in real time
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10. How Facebook’s Harvard Beginnings Crafted Elite User Experiences Remember when it was just for college kids? That wasn't an accident! College students = peak social status (high schoolers want to be them, adults miss being them). Genius status cultivation strategy
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11. The Secret to Explosive Network Growth You can't hack your way to viral growth Day 1. The secret? Intensive user interviews, constant iteration, and obsessing over that crucial first 1-2 minutes of user experience.
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