Farcaster

Opacity

Farcaster growth proposal

Here’s how long it takes to payout creators on various social networks:

Instagram: 21 - 30 days

Tiktok: 7 - 21 days

X: 7 - 30 days

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One of the things /opacity has discovered is giving people the time value of money back has PMF. People hate waiting for their money.

…cont

building farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud” 🤠

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

/opacity

and

/eulerlagrange

A nice feature that can be added is giving creators their money early using stablecoins and zkTLS (potentially a neobank).

Creator proves they have $1000 pending. They can zkTLS prove that and get it early in stables to their FC wallet.

this is a banger growth idea @ted

Weekly rewards are meant to support creators who spend their time and energy creating engaging content on Farcaster. 

We've seen some accounts try to trick the algo by coordinating engagement, and redirect rewards towards low effort or uninteresting content. We're making changes to fix this. 

1. The algo will reward diverse weekly engagement. If you get two likes from different people, they'll give you more points than two likes from the same person.

2. The algo may reduce or eliminate points from some accounts based on heuristics (engaging with spammy accounts, only with a particular account, in time patterns that suggest coordination etc) 

These changes will roll out on Tuesday. For more details on how rewards work, see the page below.

https://farcasterhq.notion.site/Farcaster-Creator-Rewards-1f56a6c0c101808f9225c5705ae88fcc

FC is still too small, rewards are easy too game/ farm. All these ideas and financial integrations are nice, but imo they just make sense when there’s scale.

FC is still too small, rewards are easy too game/ farm. All these ideas and financial integrations are nice, but imo they just make sense when there’s scale. 

https://farcaster.xyz/v/0xc3c0d94a