Mike | Abundance 🌟

@abundance

392 Following

1635 Followers

Mike | Abundance 🌟 pfp

Mike | Abundance 🌟

the Creator Economy will be built from the ground up!

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Mike | Abundance 🌟

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Mike | Abundance 🌟

Super excited about /gift-economics - I expect this channel/lab to be one of the coziest of corners on Farcaster Congrats to @danicaswanson & team on the launch! "We plan to host thoughtful deep-dive conversations that cater to long-form readers and systems thinkers" "it's Farcaster all the way down for us"

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Mike | Abundance 🌟

Impact 2.0 development in progress 👀

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Mike | Abundance 🌟

it's wild that web3 was supposed to thrive on interoperability we're still struggling with siloed projects how do we fix it? idk, but @mode-nearchos is probably on the right track.. 👇

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Mike | Abundance 🌟

the question always come back to the same thing: when you're building a platform that's supposed to reward creators, does it reward creators based on the value they created on the platform, or is the reward skewed toward those who get the most attention (regardless of value) web2 is based on rewarding attention (while extracting massive profits) we have years of data now to know how bad this system is for anything from children's mental health, to social polarization, to a breakdown institutional trust and sensemaking recreating the same dynamics in web3 but in a slightly different package doesn't solve anything we need systems that reward people for the value they create ..and if well funded orgs like Merkle or Base don't prioritize this, well, then we'll just have to do it on our own

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Mike | Abundance 🌟

you're not gonna fix broken systems by yelling at other people stuck in the same system. but you just might by building something better

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Mike | Abundance 🌟

I've earned ~$0.01 wondering what can explain the 3,000,000X disparity in results (algo? incentives? skill issue? 😅)

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Mike | Abundance 🌟

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Mike | Abundance 🌟

pro-tip: instead of bidding on your own casts just send 10% of the bid directly to @farcaster's wallet thank me later

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Mike | Abundance 🌟

all of this. the algo, the signal-to-noise, the sustainable earnings we're not going to have a better social media experience if we keep copying web2's attention-based business model (and yes, Collectables are in the same attention-based category). we need to build it from first principles, where user interests are aligned with the platform's interests this is exactly why we're building Impact

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Mike | Abundance 🌟

if you expect the solution to come from those at the top, you need reassess the problem

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Mike | Abundance 🌟

How do you nominate casts with Impact now that cast actions are gone on mobile? 1️⃣ go to the MiniApps tab and add 'Impact 2.0' to your apps 2️⃣ go to the cast you want to nominate, tap on Share and select Impact 2.0 (see video) 3️⃣ add points based on how impactful the content is to the Farcaster network & tap 'Nominate' let me know if you run into any issues (note that Impact 2.0 is still running with Impact 1.0 features. Impact 2.0 will be launching soon™️)

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Mike | Abundance 🌟

its never been easier to monetize your inattention

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Mike | Abundance 🌟

cast auctions are nice but can someone fix image zooming please

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Mike | Abundance 🌟

goodbye cast actions. hello cast auctions

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Mike | Abundance 🌟

🚨 all $tipn auto-funds went out successfully! check out the mini app to set up yours 👇 (may add an option to tip 1/7 daily instead of once weekly..) https://impact.abundance.id/~/auto-fund

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Mike | Abundance 🌟

🚨 $tipn auto-funds will be going out around 9:35AM (EST)

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Mike | Abundance 🌟

friendly reminder that the $tipn allowance resets tomorrow if you never want to worry about your allowance going to waste, easiest way is to set up Auto-funding with Impact: https://impact.abundance.id/~/auto-fund

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Mike | Abundance 🌟

feels good to know you're being valued 💪

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Mini Apps

Impact 2.0 - Farcaster Mini Apps

A Farcaster Mini App by abundance

Get boosted and rewarded for your impact on Farcaster

Category: social

Tags: impact, abundance, boost, likes, degen