qw (qw)

Every successful consumer product in crypto I’ve observed closely grew in a staircase fashion. They chew glass with no or little growth over an extended period of time - 6 to 24 months - then reaches escape velocity and explodes - then does the cycle again Farcaster is the latest example of this

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Founders are worried about losing to competitors who raised more money. In actuality I’ve only seen counter-examples: Tensor beat magic Eden with 2 orders of mag less $. Solana beat other L1s with 2 order of mag less. Jupiter raised 0, all VCs passed. Less money = more sense of urgency more chip on the shoulder.

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I used to tell our founders that in general the 2 best avenues to get your first 100 users for crypto products are - friends and family - ct Farcaster has always been on my radar, but triangulating various anecdotes and data points, I can now confidently add farcaster to the trifecta of best gtm avenues.

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I spent hours this weekend trying various frames ppl built The ones where I “felt the magic” were the financial ones, eg, minting nft, claiming airdrop, paying someone. They r mostly toys now, but I think we’ll see some “real” apps wrapped in frames soon

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