Farcaster

fc-updates

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

really like the idea of supporting casters/devs directly — pro feels aligned.
just wondering:
	-will the badge feel too exclusive?
	-maybe offer free trial as a reward after launch?
       -slight worry: will future airdrops favor pro users?

overall, excited — just hope beerguy still fits in 🍻

HuntTown

@beerguy.eth, you just received 10 applause from @mferones for being a based builder 👏

🏆 Today's Current Rank: 320th
👏 Claps to Next Rank: 1

Hunt Town Grant is a daily competition that selects the top three builders and awards them $hunt building NFT grants. Learn more at /hunt

Allowance will be reset in 03:15:12 ⌛️

i sold all my doge at $0.74 | i never had a powerbadge | barcasting on /happyhour 🍺'-O beerguy.base.eth

@MferOnes from Twitter;

Web3 small Artist & free-time photographer; here for the Memes, Art & my Mfers