Stephan on Farcaster

Stephan pfp

shoutout @marmo.eth for nudging me to join farcaster. had seen some people mention it on twitter but waitlist put me off – how can a decentralised protocol have a waitlist?

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mark mollé pfp

shoutout to @j4ck.eth for nudging me to join farcaster. love to start a thread (where we post our #NudgeChain (posting my nudge receipts #nudgeceipts here…tbh i miss hashtags when used to coin new terms) in part because i bet if we all dug into our nudgeceipts we’d find that we were persuaded and summoned to farcaster by the value of “decentralization” “vibe” the prospect of “no ego bullshit social media” “interesting tech” “thoughtful crowd” and that not a single person was sold on Farcaster with something like: “plus it’s crypto so, you know, you’ll probably eventually make money or get a token for using it!” yet somehow that’s now the leading pitch for new users !!! we’re expanding our rewards program sign up and get paid !!! (imo the rewards pitch has the same issue with web3 gaming the money pitch works when it’s a material amount of money but it’s alienating when it is an activity one is engaging in for fun & enrichment #funrichment)

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Stephan pfp

Ironically I think the majority of sign ups so far were driven by the potential upside from crypto-adjacency, but I feel like the people that didn’t sign up for that reason stuck around a lot longer on average Lesson in there?

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mark mollé pfp

we should answer this question i’m curious what drives sign ups and what drives retention but we need receipts nudgeceipts

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mark mollé pfp

earlier today i just sent invite (pasted) to this super smart kid i met selling a blue couch (that my wife made me sell and both my dog and i now sometimes miss) on facebook marketplace we had a deep convo re tech when i was driving him (and the his new couch) from chelsea to chinatown so perhaps that drove my CTA in the invite come play with some of “the deepest thinkers in tech” let’s see if he converts! still i can’t imagine the “come earn weekly rewards” pitch would have been better but open to being corrected by the data buried in the nudgeceipts if i were @farcaster @dwr.eth @v i would be giving out bonuses for people sharing their effective invitation texts (The Nudgeceipts Project) and then put all of them through an LLM to distill learnings because you don’t need no pareto principle to see that ONE long-term @stephancill you type user (you ser!) is worth at least 100k people who join for rewards or airdrops

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Stephan pfp

i agree with you. ran out of characters typing my reply

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mark mollé pfp

Who is actually driven by a $3 reward? Not airdrop farmers — they’re here for a significant amount via asymmetric upside and billion-dollar airdrops, not nominal rewards. Not professional creators — they’re looking for real sustainable monetization pathways (and other platforms like YouTube, Substack, have mature ecosystems), not pocket change. Not deep peripatetic thinker creators — they thrive on discourse, recognition, and shaping ideas through walk and talks. Not conversational participants — they’re here to exchange thoughts, get laughs, share insights. Not mere observers — they want to learn, follow, and occasionally engage, not farm incentives. So… who is the $3 for? If the answer is “no one who matters to the network long-term,” maybe it’s time to rethink the focus on incentive rewards entirely. the content that rewards generate. posts about "trying to break through to the top 30" is some of the worst content on this platform imo.

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