Dan Romero on Farcaster

Dan Romero pfp

Where we are and where we're going 1. Recently, we've seen a decent increase in daily active users (DAU). Between 200K and 300K users open Warpcast every month. This needs to be 10-100x greater for Farcaster to be sustainable. 2. We've also seen a lot of previously "churned" users reactivate on Farcaster. 3. We've significantly upgraded our developer UX with mini apps (formerly frames) and wallet. 70K+ funded wallets. 4. We've scaled our USDC rewards programs for content, mini apps and invites. $250K+ in USDC rewards and growing. 5. We've introduced a new series of verifications to help developers better understand users on the protocol. Over 150K+ users have at least one verification. 6. We've launched airdrop offers, allowing developers to target Farcaster users who use their apps via mini apps. 7. Snapchain is launching soon. It's a novel, blockchain-like distributed system that will allow us to scale the protocol for the next 10x. 8. We've grown the team by 50% since the start of the year. 1/3

47 replies

186 recasts

652 reactions

Dan Romero pfp

Looking Ahead 9. Base is adding a Farcaster-powered feed to Coinbase Wallet and will likely significantly increase the number of onboarded and active FIDs. 10. As part of this integration, we're improving parts of the protocol to make it less dependent on Warpcast. This work will make it easier for any other existing or new app to integrate Farcaster. This includes improvements to sign in with Farcaster and direct cast APIs. 11. We're actively investigating how to reduce the cost of sign ups while still managing spam. 12. We're considering and soliciting input on simplifying product names: Warpcast to Farcaster app, Frames to mini apps, etc. The goal is to make it easier to understand for consumers. 13. Ultimately, our most important priority remains the same: significantly increase the number of daily active users on the protocol. If we achieve that, developers will have a larger potential audience for their mini apps and/or clients. 2/3

7 replies

52 recasts

294 reactions

ArunReddy pfp

I fall under the "churned" reactivated user, I'm liking it here so far and already on-boarded 6+ people after coming back. Already got 3 friends on to this app today and will invite a few more over the weekend. I need my gang on here lol

1 reply

1 recast

23 reactions

Jason Goldberg pfp

How can I help? (Every OG should be asking this) We are Farcaster

2 replies

3 recasts

14 reactions

Derek Hall pfp

How can I help?

1 reply

0 recast

1 reaction

Frank🎩 pfp

How can a non-dev like me help the team to grow?

1 reply

0 recast

0 reaction

bertwurst pfp

Y’all are doing incredible work! Now go to bed, it’s late. No more ghiblis.

0 reply

0 recast

6 reactions

Steve pfp

Solid list 🔥 Take it or leave it, I think most understand the goal of growing DAU, but something I don’t think we hear enough is the “why.” Why did you start Farcaster? What’s the drive? Imo having that back your other statements and goals would go a long way.

0 reply

0 recast

4 reactions

agb pfp

impressive result! i’m always here for dan’s updates. what do you classify as an “active” user eg app open, at least making one cast in a week or like etc or time spent etc curious to know

0 reply

0 recast

2 reactions

jon pfp

these are incredible updates Dan, I'm glad to see that you're working on protocol and UX level upgrades in tandem it does feel like things need to be more cohesive, the narrative feels murky thinking as an outsider looking in... snapchain, farcaster, warpcast, + other protocols is the protocol migrating to snapchain?

1 reply

0 recast

2 reactions

Toady Hawk pfp

Hey Dan, just want to say keep it up. It feels like things are really moving in the right direction fast with the recent talent acquisitions, activity on X, airdrops program. Love to see it.

0 reply

0 recast

1 reaction

Colin Johnson 💭 pfp

Colin Johnson 💭

Just link to this cast for your next investor update.

0 reply

0 recast

1 reaction

chris 🤘🏻 pfp

Transparency and communication here are so awesome Dan Doing that kind of stuff is thankless and people always try to point out flaws but seriously rooting for you/team/this place

0 reply

0 recast

1 reaction

ernest 💡 pfp

i probably fall under 2 since i identify as a seasonal caster. i’m guessing what brings me back this season is finally starting another streak (prev lost a 6 month streak) in a niche channel + creator rewards (even if it’s just $3) not sure if it exists already, but more clarity into how to rank on the rewards leaderboard would be great

0 reply

0 recast

1 reaction

Zaki Manian pfp

So one thought is we seem to having a small defi renaissance right now. With Hyperliquid, Berachain, gas prices being super cheap on Eth L1. Growing defi apps has been super hard and I wonder if Farcaster can ride the wave to grow along a bunch of axis

0 reply

0 recast

0 reaction

Taylor Sizemore pfp

Taylor Sizemore

@taylorsizemore.eth

Love this. 12 and 16 especially. ❤️🫡

0 reply

0 recast

0 reaction

Hessamsh.eth 🏴‍☠️ pfp

Hessamsh.eth 🏴‍☠️

How to get them to stick around when there is no light at the end of the spam label tunnel?

0 reply

0 recast

1 reaction

Cotanavi pfp

0 reply

0 recast

0 reaction

kaieth pfp

Frames and the games built on it are really engaging. Plus the streaks wc is enticing to trigger curiosity for old FC users. Loving it.

0 reply

0 recast

0 reaction

The Endless pfp

Make available impression and engagement data like X Give more engagment boost to smol account This place feel so dead

0 reply

0 recast

0 reaction