Valid points in your feature Mike
The question remains though … how can we build a system that makes distinction between a simple gesture (like a like, share …) and a more meaningful engagement
Had the same issue when was digital magazine publisher in late 90’s. A professional feature costed, involving a journalist, a photographer, a corrector etc… and when bloggers appeared (like influencers today), they reshuffled the whole media industry
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Maybe it’s an idea that will come in due time but we’ve had the decentralized identity primitive for quite a while in crypto and there haven’t been any decentralized uber/airbnb’s yet because the actual execution required is insanely difficult. Seems like the limiting factor is executing on the quality control, dispute resolution, customer experience etc.
Though I still am a believer that it’s possible, just incredibly difficult
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yea you're right that decentralized identity is not a new primitive.
what's new with Farcaster imo is that you have an open graph where users are interacting - so you have rich data that can be used for reputation.
Reputation is the component you actually need to make these platforms work
of course there are other challenges involved for Uber/Airbnb etc - I just don't think that's what stopping newcomers from succeeding.
having to bootstrap a network is the harder problem, and FC solves this
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yeah for sure, farcaster seems to be the first real well-executed decentralized id/open social graph where these applications seem more realistic
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I like the ideas here, though I'm no expert here and don't understand how to solve. Do you have any proposals? Would rewarding mini app creaters be an example? How about rewarding mini app devs who create the most value by user interaction? And how to make sure not only the mega casino gets rewarded? I'm ignorant, but I like your ambition for this space.
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I have a suggestion or two.. it's probably more to start thinking in the direction of rewarding contributions over just engagement and I'm sure we'll be able so iterate and solve the issues as they come
LLMs can help in the process but only if they're fed useful user data.
I'm thinking of something that's closer to Ponder polls - on Ponder you can make money if you predict correctly what *most other users* value.
In other words, your thought process is not "what do I like" but rather "what do I think most other peop
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Much agree. The sharing volumes could certainly increase, in almost every available aspect, with monetary invitations. It’s the ‘weeding out’ the ‘invasive species’ in growth sections and the beneficial unanticipated correlations that can become quite interesting. Meaning this in farm/garden, metaphorically.
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To embrace will require shooting for higher than just above the towering powerhouses. Will require shooting for higher than the intended aim.
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