kayvon (kayvon)

Thank you for being such a wonderful member of our community @francoisegamma! I imagine some of these last Rodeo posts will go on to be quite valuable. https://rodeo.club/post/7422316512635334656

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Sharing two important updates that were posted to X earlier today: 1. Foundation has been acquired by Blackdove, allowing the marketplace to continue operating as part of their platform. 2. We’ve made the difficult decision to wind down Rodeo. I’ve written more about each decision, what it means, and what comes next below: Foundation → https://x.com/saturnial/status/2016191684984582614?s=20 Rodeo → https://x.com/saturnial/status/2016212705036939476?s=20

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Mad respect to @dwr and @v for having the courage to confront hard truths. We 100% bought into the vision of a decentralized graph and built Rodeo explicitly on top of Farcaster to find our first hundred users. The strategy worked and we were able to bootstrap an engaged, healthy community that's still with us today. The reality though is that this strategy stopped working for us many quarters ago. Mainstream consumers aren't here. And there's no signs that they're coming. Existing networks are entrenched and there's no obvious social lever that's going to change that equation. Leaning into the wallet makes sense, even if it’s a significant departure from what we envisioned initially. Pragmatism is the only path forward.

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Today, we’re unveiling support for @base.base.eth on @foundation, alongside a slew of new features: 📈 300mb file size limits, including streaming video 🖼️ new artwork pages ⏲️ 2-minute auction timers 0️⃣ zero fees for artists on drops and editions

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𝖭𝖤𝖶 𝖥𝖤𝖠𝖳𝖴𝖱𝖤 𝖮𝖭 @𝗋𝗈𝖽𝖾𝗈𝖽𝗈𝗍𝖼𝗅𝗎𝖻 You can now cast posts to specific channels directly from @rodeodotclub. Post to earn rewards on @rodeodotclub. Share out to your favorite @farcaster channel to ensure your friends see it.

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Mad respect to @dwr and @v for having the courage to confront hard truths. We 100% bought into the vision of a decentralized graph and built Rodeo explicitly on top of Farcaster to find our first hundred users. The strategy worked and we were able to bootstrap an engaged, healthy community that's still with us today. The reality though is that this strategy stopped working for us many quarters ago. Mainstream consumers aren't here. And there's no signs that they're coming. Existing networks are entrenched and there's no obvious social lever that's going to change that equation. Leaning into the wallet makes sense, even if it’s a significant departure from what we envisioned initially. Pragmatism is the only path forward.

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Support for @base.base.eth on @foundation launches April 2, including: - A faster auction experience for collectors - Larger file sizes for artists - Zero fees on Drops and Editions for artists This is the start of something new.

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