Ferran ๐Ÿ’ avatar
Ferran ๐Ÿ’
@ferran
@vocdoni, prev. Bitcoin Magazine | Purple #203 | Cohost: /diy /anthropology /cooperatives
Ferran ๐Ÿ’ avatar
Itโ€™s worth analyzing Farcasterโ€™s statistics from time to time. The network has been in a downtrend since it pivoted into a social wallet and the growth strategy based on financial incentives alone. If you look at the most engaging accounts, many of them are low-quality spam accounts or outright bots (something easy to ...
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Ferran ๐Ÿ’ avatar
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> I am closing on my first house next week with money that was almost entirely made on Farcaster. Degen, Higher, Anon, Clanker, Aether.
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Ferran ๐Ÿ’ avatar
Even if Iโ€™m kinda bearish about Farcaster current direction, I met dozens of great people here. Made beautiful connections and discovered great projects. Bcs of this, Iโ€™m considering going to /farcon-rome. Iโ€™m not a conference guy, but would love to meet (and meet again) some of you. So, who is going?
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Ferran ๐Ÿ’ avatar
Now our voting protocol is available to any Web2 organization within a SaaS Platform. So they can use Web3 voting tech for their AGMs, board elections, referendums, and more :D Bringing blockchain tech to the masses? Yep!
Say goodbye to 'black box' voting. We've officially launched the Vocdoni App! ๐ŸŽ‰ For 7 years we've powered elections for sports clubs, professional bodies, major political parties, and city councils with our secure, verifiable, and privacy-first voting protocol based on blockchain technology. Now, we are putting that
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Ferran ๐Ÿ’ avatar
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The biggest tension on Farcaster right now seems to be that the current value add of the app is supposed to be making money, but some users feel like they are being used as the liquidity for other people to make money.
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Ferran ๐Ÿ’ avatar
Omg what a shitshow. You literally click on the address that he published on his cast and **Farcaster** opens a new actionable screen with a scam coin, literally a UX you built around memecoins and social gambling. But instead of apologizing you start shooting everyone that supported you on the network. Just insane ๐Ÿคก
> post something > someone creates a token based off it > why did you make me buy the token?
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Ferran ๐Ÿ’ avatar
Iโ€™ve been saying this for months. You donโ€™t get a public square by using the blueprints for a casino. If the whole system is wired for extraction and social interaction financialization, everything it touches turns into something extractive and financialized. And that will be the key metrics they will set to measure. T...
๐Ÿฅ€ Farcaster client is not a social app anymore, this is a trading app >> trading apps do not care about growing as a social network >> trading apps care about generating profits from fees >> re: Farcaster client removing social features
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Ferran ๐Ÿ’ avatar
Feels like weโ€™re watching the beginning of the end for creator coins, guys. Theyโ€™ll not say it openly, but you can already feel it and theyโ€™re probably thinking about the new narrative to sale. A bunch of cryptobros and techbros tried to turn social life into a mini-Wall Street with creator tokens, memecoins, tipping ...
Coinbase is not affiliated with @mytechceo.base.eth. This is not investment advice, nor a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Creator coins are intended solely for entertainment, social interaction, and cultural engagement. Their value is driven primar
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