@abundance
What is /impact?
Legacy social media could only monetize users engagement, even though real-world impact is far more valuable.
Farcaster can capture of the value of real-world impact, but it's stuck on the old attention-based business model.
/impact aims to accelerate Farcaster’s transition from a DAUs & engagement-focused protocol to one that captures the value of real-world impact.
The goal is for Farcaster to become a social media hub that attracts high quality contributors, where users are rewarded for contributing to the community, and communities form thriving Network Economies with a stake in maintaining and improving the protocol.
Read more:
https://paragraph.xyz/@abundance/what-is-impact