This is perfect advertising for Farcaster and TBA. Almost thought he was trolling…

@dwr.eth @jesse.base.eth

a bit more on Twitter’s creator program that’s so great you’ll just have to:

✅ grind for a while to be eligible (Nikita says 6 months but likely much much longer — like years — on 10 years & I still don’t)

✅ qualify for at least $50 in rewards before they even attempt to pay you 

✅ may take up to 90 days once you qualify 

easy peesy

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧

CastOut IV: Return to Memecoin Island

Co-host of /gmfarcaster, Farcaster's #1 news show.  Engineer. Mom x 3.

But he’s also saying “we’ll help” but no they won’t 🤣 pretty much every platform is better/quicker for building a brand than Twitter. It’s distribution for sure but if you’re only using Twitter you’re screwed.

But also Nikita’s point was don’t even expect to get paid via creator rewards. Build a following and monetize on your own. 😐

building /quidli, casting in /justinahn, daoing in /orange-dao & /purple

>He started with “if you want to get rich on X…” and that framing alone is ridiculous.

agreed, very click baity setup for sure

>Flip that to FC/Base and it’s almost hard not to earn. And easier to find an audience all though scaling the audience is the challenge. 

but i disagree on this as it's pretty much saying, if you can't hack it on the content creator varsity team, go down to the JV squad and play with the kids! 🤣

it's difficult for content creators to earn from platforms directly because the platforms will always be incentivized against you and i don't think farcaster the app or base app are any different as clients - they control who gets payouts and can nerf you from their apps if they want. only difference here is, you can technically keep your social graph; but this means nothing if there's no app to access it from!

i do think nikita's view on this is correct, crypto or not, the best way for ALL creators to monetize themselves in the long run is by leveraging their content and reputation into external deals with external actors. and the added bonus of a web3 based social network is, you can move with your graph to other compatible apps if/when there are any.

Currently in this moment, way easier & quicker to earn rewards here. No question. 

But that wasn’t even my main issue with his post. He started with “if you want to get rich on X…” and that framing alone is ridiculous. No one is getting “rich” merely posting on X. It’s giving this “oh you’ll never get rich off memecoins but if you grind here on X you’ll get rich!” Which we know is just not true. I’ve only paid Twitter/X and never been paid by them which is the experience of 90+% of users. 

Flip that to FC/Base and it’s almost hard not to earn. And easier to find an audience all though scaling the audience is the challenge. 

We literally get the bulk of our live audience from Twitter. Not pushing back on the distribution. But if someone today starts posting on X and casting here, they will earn here way sooner than over there, and potentially the same day! It will likely take years for most to do the same on X.

points 2 & 3, i agree are very not user friendly and frustrating

however, i don't think it's correct to frame earning on farcaster and or base app vs x as more accessible or feasible given it's largely due to differences of scale/size of user base over anything specific to crypto or web3

DepressiveHacks is an investor, contributor, consultant, and writer in the web3 space, operating under the umbrella of DHR&D and depressivehacks.com.

I mean, my account was a couple of years old, but I had less than 3k followers when I qualified for ad share.

Probably less than two months from when I decided to make qualifying a focus to when I accomplished it.

I definitely make more money from Twitter than anywhere else, Web2 or Web3 social platforms. Granted, not a ton of money, but consistently over $100 per month.

In comparison, I've made $200 here lifetime.

DepressiveHacks is on basically all platforms. Same handle everywhere.

Now, how much time I spend on each is a different story.

That’s great — I’ve found it by far the most challenging. I use Twitter as a necessary distribution channel. 

How long did it take you to earn directly from Twitter? How does it compare here? What other platforms are you using?

So my account qualifies for ad revenue and has for over a year now.

I actually found it to be the easiest web2 social platform to monetize.

The criteria to reach are clear and as long as you follow the rules of the platform, they'll admit you.

Other platforms have very murky qualifiers at best, often feeling like a popularity contest where you post endlessly, hoping for a special invite.