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Njal

@cryptonjal

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308 Followers


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Interesting details between the lines: No one can participate in FC outside the protocol, but the FC app is optional. Part of the turnover must therefore be linked to the protocol. And more importantly, they seem to be falling for the usual revenue models as we see at X: - Subscriptions: subscriptions with benefits (e.g. longer casts) - Advertisements: Some people can pay to boost their cast (might be linked to the app) - Monetizing data: data is used for the airdrops, not sure if there is non-public data involved. (seems to be linked to protocol and the app) - Badgification: pro badge coming soon, early Warplet adaptor, the sunsetted powerbadge (but still on the protocol) Still missing: a badge for verified users (aka you did KYC on them). Could be a pay one a year badge, and could be linked to the protocol.
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Are we casting better, or are spammy accounts casting less? In general, spammy accounts are casting less. - Number of casts from spammy accounts without a reply are shrinking - Interestingly enough, the number of casts from spammy accounts (0) with a reply is rising lately. Not sure if it's related to a rise in rising crypto prices, but could be. - Replies from not spammy (2) accounts seems to be more stable. - Also based on "quality engagement" in my Dune dashoard, spammy accounts seems to be more active from May 11. At that time, altoins were doing pretty well. Also, based on what I wrote this morning: it seems that the best way to get rid of spammy replies is a bear market. But, at the moment the number of active spammy accounts isn't declining. I removed casts from maybe spammy (1), and no labels to avoid time-outs in Dune. Here's the complete dashboard: https://dune.com/nhejyht/farcaster-dashboard
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