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https://warpcast.com/~/channel/ted
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ted (not lasso)
@ted
hard truths: 1. crypto isn’t growing, in fact it’s more cringe than ever because of the new admin embracing it / $trump 2. it’s not realistic to generate a full-time sustainable income on farcaster, $degen and $higher were anomaly wealth events 3. majority of the world doesn’t think in terms of markets 24/7
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matthew
@matthew
going to do the intellectually honesty work of trying to generate funds from a mini app (poker), but agree re #2. and feels like there is a stigma / groupthink against admitting this over the last year on the TL.
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Samuel ツ
@samuellhuber.eth
The way one could do is selling to Farcaster companies Neynar (venture backed but small infra can work well too) Or serving them directly via one man shows or lean teams (dtech, Utkarsh; and other devs) @derek is a Great sample and @dish with team on Farcaster businesses that are not funded and profitable
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matthew
@matthew
don’t think there are enough FC co’s for most products to sell to maybe large contracts could work, but those are harder to get obv consulting is another but i want to build my own things not other ppl’s (and i have a job)
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Samuel ツ
@samuellhuber.eth
Was showcasing what works. Derek is his own. Clankermon @matthewfox & Teams Clanker own. Degen Outside of that would love to see more samples but am not aware of more. Supercast back in the day was profitable and able to sustain the legend @woj Re companies to sell to. Yep not enough today, though interest is picking up. If you don’t want to sell to crypto companies then you‘re out of luck on the B2B though.
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matthew
@matthew
yeah supercast might be the most obv example of a saas bootstrapped product i can think of. re tokens, i love what all those teams are doing, i just suspect that expected returns have diminished over time for a *new* token taking fees. all of those launched back when the meta was hot afaik maybe i’m wrong? idk
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ted (not lasso)
@ted
agree with @matthew. @samuellhuber.eth you’ve pointed out exceptions, not the rule. how much of supercast runway was from memecoin profits vs paying customers?
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Samuel ツ
@samuellhuber.eth
That I don’t know, according to user data @geoffgolberg highlighted I’d assume memecoin farming users was a high subscription driver Memecoin profits themselves @woj would have to shed light on. I dont have that information. Re exeption. Yes I highlight them to underscore the point 😅 if you look at the exceptions it tells you all you need to know. Just ask yourself what tools are usually low hanging fruits on social platforms and why don’t they exist here? Where‘s the content calendar client? Well it can’t sell to enough people to sustain. Happy to go more into which companies and models work here and not. I talk to them daily by virtue of my job. Though Farcon talk comes out soon on /gmfarcaster and that has all of that too.
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