Co-host of /gmfarcaster, Farcaster's #1 news show.  Engineer. Mom x 3.

yakshit

Ethereum builder & people connector. Juicebox, Revnet, Defifa & Footy App. My Innie writes stuff on kmacb.eth.sucks

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧

nounishprof

Yeah, fair read. I don’t think it’s becoming a casino so much as borrowing the mechanics. High-frequency dopamine loops. Leaderboards. Prizes.

I can see it as a substitute for a casino, but calling it an alternative is a bridge too far.
Even the “do betr” leaderboard topping app is a spinner just add ball and it’s roulette. (Love $BETR, btw.)

The metaphor’s probably wrong for where the network is now.

It’s not Vegas, it’s an ad platform. Feels like driving north on 101 into San Francisco, except the billboards reach out and tap your shoulder saying look at me.

I kinda like the new positioning, but it doesn’t feel like a winning move; more like a don’t lose move. Come for the trading, stay for the network. Never gonna scale. Jmac don’t trade eg. 

If this really wants to be an alternative, it has to offer something different eg
community instead of chance, ownership instead of odds. NEW content types using ai is a green field. 

That’s what worries me, not the fun, but the foundation it’s being built on ie a network that rewards activity over meaning.

fwiw I interpreted this as farcaster being an alternative to the casino. but are you saying farcaster is turning into a casino? @polluterofminds has thoughts too!

I’ve been sitting on this for a few days thinking it might come off too sharp but your hesitation after the DWR interview, when @nounishprof asked what you thought of the new FC positioning, said more than a full answer ever could.