basil on Farcaster

basil pfp

fc coins getting rekt as daus dwindle & ct dances around a tba tombstone base pushed zora way too aggressively, integrating a mid-7th pivot platform into an $80b pubco app release at the most fundamental level of usage with zero validation & against a wall of external & thoughtful criticism… it’s unheard of as a result, the two have become inseparable & “base app” has now lost its brand name, barely a year in — but users this & that, see: world fc chose to build against its core tam for over two years & destroyed its public perception in the process; now a token is the only way out base learned nothing from farcasters shortcomings & chose to push creator coins from the very top; now a token is the only way out no one asked farcaster nor base to CREATE net-new creators; this is crypto the long-term sustainability of tba & certainly now fc given the wallet upgrades does NOT depend on net-new creators this is crypto; we’re building crypto apps it doesn’t have to be like this, ya know all both of y’all had to do was build for the devs… they will literally do your job for you; all you need to do is listen & support them

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basil pfp

blinded by the thinkboi attention thesis innit; attention is not sustainable

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Nate Maddrey pfp

In hindsight I think the base app launch killed Farcaster’s momentum The forced content coin and “coin it” era was a huge distraction and scared off a lot of people If you look at the data that’s when Farcaster usage rally started to decline and still hasn’t really recovered

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wake pfp

so what comes next where we goin, basil

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streetphotography.eth pfp

streetphotography.eth

Bearishly optimistic

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MJC pfp

> fc chose to build against its core tam what do you mean by this? also what does it mean to build for devs

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Maretus pfp

I have been wondering when TBA was going to launch. It seems like it’s perpetually delayed. I assumed they were just doing the coinbase thing. (Taking forever). Now you’ve got me thinking that it’s because they won’t drop it until TGE of $BASE.

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Linda Xie pfp

i do listen to and support devs https://farcaster.xyz/linda/0xf6d5dcfd

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antaur pfp

can't disagree. looking at my bags compared to non-FC and non-base tokens and the base summer is over and I am genuinely wondering whether those airdrops will come before next crypto winter. applying my mental models form the corporate world... I sense "must-win battles" and perhaps hubris esp. re the crusade against existing crypto users/traders whatever that creators will be the life blood of web3. If they mean the 1000s of people who are using @tryemerge with joy on a daily basis - then we surely don't need zora and creator coins I haven't written this off yet and I must admit that I found Jacob actually quite convincing on basecamp stage. I track coinage biz model as this is a true CooP with real dividend distro for NFT holders. not sure what the utility of the creator coin is but we'll find out soon. anyways, appreciating your edgy stance - what must be heard needs to be said first. will they listen?

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Trish🫧 pfp

Perhaps some projects are disposable by design?

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nick pfp

The quiet part has been said aloud

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thoughtcrimeboss pfp

thoughtcrimeboss

@thoughtcrimeboss

Apparently some people I may know found TBA's ui to be awful. One referred to trying to make a payment as "being lost in a dark casino trying to find the exit door". And how many fucking times are people going to try the creator coin meta?

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Leo pfp

Deleted response to this shitting on the VCs bc I’m a cuck

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Vinay Débrou ⚙️ pfp

Vinay Débrou ⚙️

@vinaydebrou.eth

Legitimacy > Attention basil dropping hard facts once again

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toffixbase.eth pfp

You know, Base has long been a comfortable place for developers, and even more so for ordinary users. I would say that Base has completely outperformed Solana. Remember where Base started: a regular L2 for scaling Ethereum, but now it's something even bigger than Solana. Years go by, and the best way to distribute and promote further is through tokens. This is inevitable for Base and Farcaster because it will always be your backup plan to save the day. Unfortunately, Farcaster held on to its peak values for just over half a year, and the rest of the time we have been stagnating across all metrics. Yes, we now have mini-apps, but with all due respect to them, we have a few that we can really use, and even some of those are held together by 1-2 founders who devote every day of their lives to them. Yes, we got a breakthrough with Noice, but all the other mini-apps are designed to try to monetise people's views, likes and reposts. And I think it's no secret that we've reached an impasse. We don't have anything new and large-scale coming up except for minor changes to the algorithm that actually further worsen the "user experience" So in the case of Farcaster, we really need a token to dilute the situation.

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jtgi pfp

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highplains.base.eth 🎩✨🔴 pfp

highplains.base.eth 🎩✨🔴

Liking the critiques. Making me happy I have a bit of $SKY

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accountless.eth pfp

accountless.eth

@accountless.eth

i think some of the recent criticisms of farcaster are symptoms of the fact there has been a lull in innovation. trump coin and meme coins writ large took the wheel and veered the car and i don’t think farcaster or base was prepared for that product wise. now, the things they are doing w wallet are very pro (smooth swaps and pretty good charts) but feel catch up or less visible bc wallet is a familiar experience. on top of this we have languishing features instead of deprecated ones. warps. channels. and so on which makes experience inconsistent. the comments ab them w devs has been a complaint since day one. i cant validate that. imo they just need a strategic reset for which ever direction they plan to go. casino or some other.

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ruburi pfp

On point as always. FC eco is still drowning starting from Clanker prime era. Sadly. But I believe in FC recovery. I think many things here are underestimated. Never seen such a place with so many builders trying to achieve something and bring something useful to this world

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six pfp

i think the farcaster team is doing a good job!

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