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Colin Charles

@bytebot

Not unexpected. "The honest truth: revenue hasn't covered even 50% of our server costs." The new owners of Farcaster better have a plan for growing the 1,000 DAUs now (its a dismal 6-8K if its DAU spam label = 2, ignoring neynar score). Reality is builders go where there's a market. I suspect Lens under new stewardship is facing the same issue (probably a lot graver than here). CT in its current form is not the target market (consider the grifters, PVP mindset, etc - people don't join a network to be infofi's KOLs exit liquidity). Crypto devs? Wait, a lot left for AI (if you're in crypto pivot to AI...). Anyone find it ironic Bluesky raised from Bain's crypto arm, and you know, the people there dislike crypto with a vengeance right? I hate posts like this because I don't have solutions, only problems I see.
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