Stay Curious // iixii // Lazer Technologies // Prev: CoinDesk, Roc Nation // based

We haven’t figured out a repeatable value prop. 

For some people it’s the people. That’s doesn’t scale.

For some people it’s make money. But that’s not consistent enough for every user.

What do you think Farcaster's main value prop is?

Here's my take but I think it could be refined:  

You should use Farcaster if you want a social network with a wallet attached to your account that makes it easy to transact with people and applications in an open and permissionless manner

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

carwash enthusiast

@ceejifi everywhere else social connections are made

so far ive convinced @moonbeamr @peachring @designthyme @fdotart @fractaloasis.eth @apegeneral

Have you been able to convince your friends or others to join?

tbh i have no idea but i like it here so that's how ive been selling it

building farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud” 🤠

i’d agree with dan that it’s not straightforward. the Twitter form factor makes it tough, too.

there’s a different reason why different groups join and come back, whether it’s money, friends, or what’s possible as a developer.

why i joined in the beginning wouldn’t be the case today.

What would you say the key value prop is?

its a great description but I don’t think its gonna hit as a value prop; did some research on this and most users don’t think of transacting on social outside of ecomm and the “open and permissionless” doesn’t matter to them.

" Everything you deserve will be yours. Be patient "

In my opinion, it should be defined as attractive for newcomers. I don't know, maybe there should be a leveling system and the same rewards should be considered for lower levels, although very few. This issue should be thought about a lot and the right decision should be made for it.

If farcaster wants to progress, it needs to make the entry points to the platform easier. Right now, people who are just entering the platform are facing a dark space because they have no hope of being seen, that's my opinion.

Taking a stab at a Farcaster value prop thanks to @garrett prompt...

"Find your home in the new onchain economy. Whether you are building, learning, or supporting the new onchain world, Farcaster is your place to create and experience the next phase of the internet with people on the same mission."

( @dwr.eth do you not hate this? )

Love the prompt this morning and that you grabbed this cast from dwr...hadn't seen it. 👊

Respect. 

Takes a lot of courage to make an admission like this as a founder, especially after a few rounds of funding. 

But being relentlessly focused on actually creating value vs the appearance of creating value is what separates true founders from larpers

Yeah big respect for Dan admitting this but it feels like this should have a clearer value prop (even if it’s iterative and evolving or not a one-size-fits-all)

On a web3 journey. Guiding friends & allies on adventures in the new world |

Nouncil | web3 storytelling | iambradq on Twitter | FC OG

Yeah big respect for Dan admitting this but it feels like this should have a clearer value prop (even if it’s iterative and evolving or not a one-size-fits-all)

https://warpcast.com/web3pm/0x924ccdbf

Love the prompt this morning and that you grabbed this cast from dwr...hadn't seen it. 👊 

https://warpcast.com/bradq/0x6afb035a

How I'd describe:
Farcaster is an onchain social lab. Experiment with words, code, and tokens.

this isn’t half bad sailor. not an easy question to answer either

nice! how would you frame it without describing the technology?

what problem does it solve?

discussion on farcaster's value proposition began with @garrett suggesting it should offer a social network with a wallet for open transactions. @dwr.eth noted the lack of a repeatable value prop, citing varied user motivations like community and monetization. @zherring described it as an onchain social lab, while @jhoang speculated about twitter's potential to replicate it. @mostafa1992 highlighted difficulties for newcomers to gain visibility. @artlu envisioned farcaster tackling broader social media issues and fostering decentralized innovations by 2025. various perspectives on blending social networking with blockchain were shared by others.

Make money shit posting w friends on the internet

Also if you’re looking for aligned people (crypto, decentralization, memecoins etc) “crypto twitter but good”

How easy would it be for twitter to have in app user to user transactions similar to how Farcaster does?

This network effect seems more defensible than creator earnings?

I agree, but wonder if twitter can copy it.

I agree, but wonder if twitter can copy it. 

https://warpcast.com/jhoang/0xe0d1d183