Dan Romero on Farcaster

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https://warpcast.com/~/channel/fc-updates

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We’re planning to launch a new, optional “Pro” protocol subscription 1. At launch, subscribers will have a Pro badge on their profile 2. Subscription will be onchain and part of the protocol. 100% of the proceeds go to casters / developers in weekly rewards. This in addition to the existing $25K+ a week in rewards. 3. Planning to add longer casts (10K characters) and up to 4 images per cast for pro subscribers (needs a protocol change). Additional features over time. 4. $120 a year / $10 a month  Why are we doing this? - The protocol needs to find long-term revenue source that can continue fund caster and developer rewards beyond any one company.   - We originally thought storage fees could be that, but we’ve realized that storage fees should be essentialy free to help growth.  - So we’re trying an opt-in pro subscription as another model Why now? - Figuring out a long-term revenue model that works will allow us to double down on investing in growth

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FAQ What if I don’t want to subscribe? - You don’t have to. It’s too expensive - The subscription is opt-in. We’re also hoping to make it easy to gift others partial subscriptions. We also think rewards will be a way for people to earn a pro subscription. Why not launch with the additional features? - Our goal is get an initial version out and iterate.

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shazow pfp

Should we be thinking of this as "Farcaster the protocol" Pro, or "Farcaster the app" Pro?

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Blind Chronicles

I think that’s an error on your part. What you have now is organic. Adding a pay wall it’s like trying to be like all the other social apps (X) Farcaster is different it’s special. If it’s not broken don’t try to fix it.

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Venkatesh Rao ☀️

I like the idea but wish the feature set weren’t an uncritical clone of X. Longer casts are good but at 10k, you’re encouraging cannibalization of more thoughtfully composed longform. Just add a newsletter feature with a full editor and archival pub support if you want to go there. They can still be casts, but elevate it. Promote thoughtful writing not Bill Ackman type rants. If you must copy, copy substack, not X. I’d also recommend looking for at least 20% differentiated media experience that’s not related to the wallet. Probably something with AI. But again don’t copy grok style integration. It’s terrible. Maybe more like cursor etc? A “stream IDE”? Solve threading with AI? I mean, break some interesting new ground.

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@metawavestudio

Does a ‘partial subscription’ look like the ability to pay for a single long-form post? If so that would be great. 👍🏽

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streetphotography.eth

Bring back the powerbadge for folks who are providing second-order economic value to Farcaster (high daily engagement, wallet swap fees, tips/peer to peer payments) Paid badges should sit alongside earned badges in my view

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@aramcosaudi.eth

It deserve it!!

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Possible for subscribers paying annual up front to get a channel too?

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Ink 🇺🇦 pfp

It's inexpensive, it's a necessity🤝

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pelasti.base.eth

I believe should be very clear the advantages/rewards > subscription fee

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parker pfp

A question, if you are worried about insufficient funds, why not use web3 tokens? Farcaster is already part of the wen3 world.

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Lewis pfp

The “Pro” subscription project clearly demonstrates long-term vision and a strong community-first spirit. It would be even better with a few additions: 1. Free Trial: Consider offering a 7–14 day free trial so users can experience the benefits of Pro before deciding to subscribe. 2. Exclusive Community Features: Create a dedicated communication channel, private group, or dashboard for Pro users where they can engage directly with the dev team or vote on future features.

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K🔪 Sharpener 🧬🌮 🥑 pfp

K🔪 Sharpener 🧬🌮 🥑

I am 💯 in. This community is amazing. 🤩

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Md Tariqul Islam

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Prince chimere pfp

Seems cool if Affordable

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prince osinachi

reduce the fee please

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Mr Pibby pfp

what about "will there ever be a boy born who can swim faster than a shark?" That's another FAQ, surely.

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