"If you offer X, Y, Z features, you'll be able to convince people frustrated with [insert social platform] to move to Farcaster."

1. In most cases on the internet, audience and community are downstream of the platform they are formed on. There are exceptions.

2. Migration is an individual act. Individuals try new things and successfully migrate. Very few communities successfully migrate. Usually, they fracture or fade.

3. Path dependency is real! Just because another network used a tactic at a point in time doesn't mean it's universal. In fact, most of the time it's not replicable since it was successful in capturing a given cohort that there's no one left to target like that.

4. Most consumers are creatures of habit. They get used to a set of tools, networks, experiences and they stick to them, even if stuff gets way worse.

5. Finally, and most importantly, do not underestimate the power of network effects. Companies that have them are valuable for that reason.

unknowingly dan just provided y’all with some of the best token strategy advice on the platform 

tokens are inherently social & inherently networks; many lessons apply to both

considerably unserious // building idle rpg /animarising

I think more tokens should have their own apps.

Tokens should think in DAU.

🎯

(also surely this take has nothing to do with fc owning a soon-to-be tokenized miniapp store, but yes this is the way imo)

I don’t think we have a mini App Store since they are permissionless and any client can implement.

Stay Curious // iixii // Head of Crypto at https://www.lazertechnologies.com/  // Prev: CoinDesk, Roc Nation // based @basedevo

Rome, Metropolitan City of Rome Capital, Italy

Don’t you think people want to know what mini apps are getting added and going up the leaderboard? (This could even be shared from @farcaster account weekly)

The top of the mini app trending list basically looks the same each week and doesn’t account for velocity of newly launched mini apps

People install apps when people share links with them.

Would be helpful if the mini app tab looked more like an App Store though to help with discovery and visibility for mini apps