Farcaster Rewards are great. 

If they can scale ~10-100x we will start to see people who can make a full-time living off of posting content on Warpcast, even if they have no other form of monetization. 

That's powerful.

Elevating onchain creators @brightmoments @ampsfun @nodefoundation

seeker /native /believein /bedrock 🇵🇸

Yes, what would be the incentive for creators to create here, at that scale, if they’re already making ‘x’ on YouTube, substack, etc

I think it’s more about Merkle cultivating Farcaster-native creator talent, so good that it attracts new users here. Trying to draw folks from where they’re already making money won’t be as sticky as the former. 

Twitter creators seem to be the lowest hanging fruit because it’s a similar format, but the scale just isn’t there. Maybe poaching Bluesky creators?

Perception and knowledge of Farcaster is a massive hindrance, so much so education is required to incentivize anyone of that scale to dive into this, IMO.

Depends how well they are able to monetize other parts of the business. To compete with other at-scale social platforms you need to pay creators a lot if you want the best content.

Do you think this financially makes sense for Merkle? e.g. giving away $1k/week to the top 10 and $500/week to the top 30?

𝘺𝘢𝘱𝘱𝘪𝘯𝘨 𝘰𝘯 𝘧𝘢𝘳𝘤𝘢𝘴𝘵𝘦𝘳.

What about the frame you talked about sometime ago

You can just do things. In this spirit, I am attempting to chronicle building a steam powered Ethereum node, API and website.

I had assumed rewards were a growth/marketing cost, where could that 10-100x increase come from?

They’ve made me work to be more consistent with my casting, that’s for sure. 

Even at this scale. Would put in more time and effort if the rewards were large enough

Just an order of magnitude or two.

Network effects + crypto rails ftw 🙌

Its Tuesday aka rewards day! 

Share something you worked on this week (art, code, writing...) and we will send you a reward!

trying to add a lil more scale to it via @ethcash :) 

Would be great to see others adopt either the warpcast rewards leaderboard or another criteria to reward farcaster users every Tuesday

eth.cash is the simplest way to send usdc to an email or farcaster account. Built @onappchain

trying to add a lil more scale to it via @ethcash :) 

Would be great to see others adopt either the warpcast rewards leaderboard or another criteria to reward farcaster users every Tuesday
https://warpcast.com/ethcash/0x806d23ad

Do you think there's a realistic path to them scaling to that point?  

$15k/week to $150k/week seems like a big jump for a VC-backed startup to continue to fund.  Curious if you see other ways that may these rewards more sustainable over time.

100x my weekly reward, and I'll quit my dealing job.

Can’t wait ngl, but you gotta watch all the pair of shoes before wearing them imho, and be proud of all the ones you have💆🏻‍♂️

Exploring meditation techniques helps me cultivate peace within.

Its an unsustainable model unless there are decent sponsors or ad revenue but at least less degen is being dumped now through warpcast.

Farcaster Rewards have the potential to be a game changer for content creators

scaling rewards would also directly scale adoption, engagement & retention on warpcast. 

huge!

that's basically what Moxie was trying to do imo. 

you think they can afford to 10 - 100X it without creating a token?