farcasterunion

Fascinating analysis on the first 10,000 pro subscribers. We knew the NFT was going to drive subscriptions, but this is some of the first analysis of how intense the farming was. 

24% of the people who minted had less than 10 followers.

Almost 12% had 0 followers. 

Speculation on the future value of the NFT is right here in black and white. 

There is no way someone with 0 followers paid to “support” the protocol or get the future benefits of longer casts and more photos.

Pi-chi.eth Artist /animeoutcasts
Hosting: /sakura /kyoto /momiji  /anime-manga /farcasterunion

https://portrait.so/pichi

That’s money in the pocket of people casting and developing on the network.

I’m glad they handed us all free money. I’m a little surprised so many of them did so for pure speculation. They clearly aren’t here for the vibes.

If we are being very honest, there are very few real users on farcaster.

It’s really hard to measure. I know we have a lot of lurkers and a lot of folks who don’t cast daily. It’s difficult to figure out how many people are “here” and how to accurately measure that.