doing numbers episode 15: farcaster hub spam, the future of airdrops, embedded vs smart wallets, and farcaster socialfi
Jun 29, 2024
This podcast episode discusses Farcaster hub spam issues, the future of airdrops in blockchain projects, comparison between embedded and smart wallets in consumer apps, a unique revenue model in social finance apps, exploring client apps like White Card and Emotioncam, the launch of new apps like Rodeo and Blast, and a casual soccer chat at the end.
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Hub Farming Controversy
- Woj experienced intense backlash after a controversial cast about Farcaster hub farming.
- Airdrop farmers were unhappy with his critique of their practices.
Hubs vs. Blockchains
- Farcaster hubs, unlike traditional blockchains, don't require extensive validation.
- Running excessive hubs on subpar hardware degrades network performance.
Rewarding Real Users
- Reward Farcaster users based on content creation and user base, not just running hubs.
- Analyze on-chain activity and social graphs to identify valuable contributors.