Farcaster

Theory: no coin, no community.

That is: in the absence of shared purpose, digital communities break down into status signaling and endless conflict. 

So, I’m thinking of opening up a prize for a service that makes it easy to create and admin token-gated subnetworks on the Farcaster protocol.

there are multiple things that could've contributed to this. the wider ecology of twitter itself has changed, maybe bc elon, maybe other things like tiktok. a bunch of us have become tired busy parents. some poasters stopped posting entirely. maybe some projects were ~completed

been talking with some of the olds about maybe trying to rekindle things somehow– maybe on here, maybe somewhere else, but i think the main thing is actually the projects. without poaster-driven projects, i think we mostly end up with lowest common denominator slop discourse

Visakan Veerasamy

Theory: no coin, no community.

That is: in the absence of shared purpose, digital communities break down into status signaling and endless conflict. 

So, I’m thinking of opening up a prize for a service that makes it easy to create and admin token-gated subnetworks on the Farcaster protocol.
https://x.com/visakanv/status/1942017363572150324?s=46

Author of The Network State.
Work with me: jobs.ns.com

Question is if coin really makes sense as a starting point 🤔

It's like a startup where the only thing employees know is they'll get equity - it incentivizes joining with the goal to leave just after the vesting cliff

Startups can counteract that by being careful with hiring, but communities tend to be more open