Farcaster

I simultaneously appreciate and struggle with FC’s willingness to churn existing users in pursuit of top line growth

The rationalist in me knows that being sub-scale is the worst outcome (neither 0 nor 1 in a boolean experiment)

But the romantic in me senses that this is a community project, not a platform

friendly neighborhood shitcaster // working on @pinetree

Thoughts on antidoteblog.com |
Farcaster Pro User #235 |
Agents and Intents @NEAR | prev investments and BD 
@ZkSync, NEA and Balderton Capital

I figured  - I mean what do you mean with churning existing users for growth? :)

I didn't say that -- it's great to amplify new users and increase retention

What I meant was that there have been many strategic and tactical pivots in just the ~2 years that I've been active here, not all of which are coherent with the reasons prior user cohorts joined the network

https://farcaster.xyz/androidsixteen.eth/0xc2e34ce6

Particularly the pivot to money as the primary hook for new users (leans into the wallet as the primary differentiator rather than decentralization or other previous narratives)

Most people don’t care about decentralisation though, most my friends don’t even know what that means.

Very true -- decentralization may have been a hook for the earliest / ideological users, but that TAM is small

Point being: if you came for "decentralization", you may not stay for "money games"

Money games has a much bigger TAM though, so it makes sense from a rational company building approach to pivot