Colin Charles
@bytebot
Threads is now 2 years old. It has 350 million monthly active users. X is quite steady at 600 million MAUs. Here on Farcaster we're looking at MAUs in the 200,000 range. Threads is gaining quickly, while X is plateauing. Threads cares about trending topics (very important, people like to babble, and thats why real time discussion matters). It is a key X engagement. We know for a fact since Elon took over X, in the EU, there is 15% decline in usage. BTW, Apple just joined Threads. 4.8 million followers. Their X account has 9.8M followers. How do we get more brands on Farcaster?
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Eberhard Gil
@azbest
I mean, I don’t really like to babble on social media, but whenever I’d make a comment that I felt was necessary on Threads, I’d get more engagement than in 100 years on Farcaster. And that is definitely more rewarding than getting $3 for casting into the void…
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Colin Charles
@bytebot
This is a problem that needs to be fixed. I don’t actually think $ fixes it. People need to come here who aren’t incentivized by $. And then we need to have distribution/engagement. That I feel is an algorithmic improvement waiting to happen
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Ev | 유진 🇨🇦
@tch
Yeah money can incentivizes certain posts (ie memes I post attract 10x more attention than serious insightful (I think) posts).
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Colin Charles
@bytebot
The algorithm is feeding what the people want, and I think I’d prefer the serious insightful frankly
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Ev | 유진 🇨🇦
@tch
Same, especially if some of those can be discussed in some way of privacy. X, IG, TikTok and others are showing that once algorithm takes over, it just feeds on what makes people tick.
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