Farcaster

so you decide which content is promoted, but you will pay us if we decide to promote this specific content..?

if i'm being honest, the growth / marketing hack you're using feels similar to the advertising model that i would love for social platforms to move away from — pay-to-promote. it also feels airdropfarmy.

building farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud” 🤠

I like computers and people (in that order). Doing react native at @zurf.

There are a couple of issues with paying a central entity to decide what content can and cannot be promoted. 

One issue we are addressing with our first 'engage-to-earn' approach is that instead of the money going to the platforms, it goes to the users of the network.

okay, genuine question: so what if it is permissionless? users get to decide what content is promoted instead of the platform itself? 

it isn't intuitive for me (and others) for how "permissionless" alone solves a root issue issue with pay-to-promote or pay-to-play models and i think explaining it would be helpful.

it's permisionless, and if you don't like the content being promoted just don't follow the users that recast that content?

I look at it as more like… I could give $100 to X or IG to promote a post, or I could divide it to people willing to help promote my content by engaging. 

Sure, this will create a flux of “users” that are purely farming posts… but more parameters to qualify should counter this, at least slightly 🤔