Content
@
0 reply
20 recasts
20 reactions
Dan Romero
@dwr.eth
What is the most frustrating thing about Farcaster right now? Reply and like the replies from others that resonate. I’ll only ask clarifying questions (ie I won’t tell you you’re wrong) and then respond to a dozen or so top answers in a video this weekend with how we think about it.
99 replies
63 recasts
271 reactions
Ben
@benersing
No native token = never ending supply of new tokens trying to become the de facto token of Farcaster.
4 replies
0 recast
17 reactions
Dan Romero
@dwr.eth
What would a token do in your pov?
1 reply
0 recast
1 reaction
Ben
@benersing
1. Reduce the noise/spam of all the other tokens popping up to fill demand 2. Allow greater value accrual to FC users 3. An additional incentive lever to attract and retain new “professional” content creators with large existing audiences
1 reply
0 recast
0 reaction
Dan Romero
@dwr.eth
Hypothetical — let's say a token suddenly appears — what would give it value from your pov? What gives it value 5 years from now?
2 replies
0 recast
0 reaction
pabluzx
@pabluzx.eth
In any case, you can tie up some new mechanics on the token that are not available in other social networks, and in this race to attract users, the winner will be the one who will do what others have not done yet. Using the example of $dash, the coin has remained liquid and valuable for many years, it is like a means of payment with partnerships with a bunch of large companies, why doesn't farcaster implement its payment system inside the warpcast, where users can conditionally pay for nike sneakers with $FARC tokens right with one click under the post about these sneakers Also, the token has always played a role in the development of the ecosystem through the allocation of grants for the development of projects - devs have an incentive to build high-quality worthwhile projects on farcaster.
0 reply
0 recast
0 reaction
pabluzx
@pabluzx.eth
The token will also play the role of encouraging active users of the product by airdrop, with the further opportunity to make decisions on various improvements to the project by voting There are many advantages in this, and it is possible to implement interface mechanics that will help the token remain valuable in 5 and 10 years. Your team is clearly smarter than me, and you should have no problem coming up with something awesome.
0 reply
0 recast
0 reaction
