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Dan Romero
@dwr.eth
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
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Joelcrypto
@joelcrypto
Make sense for me; Subscription help maintain/sustain contineous development and revenue point inflow for farcaster. But then after warpcast is fully transitioned to farcaster i think team should focus more on easily onboarding new user (real user). If the 100% of the pro sub. Fee goes to casters then how does this benefit the farcaster at long run interms of sustainability? Starting the pro sub price from as low as $3 will attract more users to massly subscribe which will maintain activity and organic engagement, maybe increase price slowly over time Aside txn fee, mini apps deploying on farcaster should pay percentage. Badges is fine with a check mark beside name to show paid pro will make sense too. My thoughts though, keep building ✌🏽
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