Farcaster really needs to reset everyone’s follower counts to 0 Most of the big accounts on here are dead and the ones still around got most of their following from the auto follow list Need a chance for some new voices to gain followings in a more organic way
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I think this is evidence that taking big swings like that does not make sense when you’re running a public blockchain It’s understandable for web2 companies like Meta to take big swings and blow billions of dollars on failures But a public blockchain is a different beast. You have an entire ecosystem of people who have literally put their time and money into building on this platform To try to take big swings with zero buy in from the community is basically a kamikaze mission, which was apparent very early on to a lot of people in the Base community
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Huge amount of leverage wiped out of the system yesterday Comparable to 10/10
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