many such cases: farcaster channel passes, moderation, quick solana detour, and spam​

many such cases: farcaster channel passes, moderation, quick solana detour, and spam​

February 21, 2024

Check the full episode on Youtube:

SUMMARY

User engagement and building a successful protocol involves creating a platform that encourages interaction, excitement, and ease of use, while also exploring new governance models and leveraging the power of big channels for distribution.

• 00:00 📈 Farcaster discussed recent experiences, including channel passes, moderation, a quick detour to Solana, and spam, while focusing on the excitement of people using their product and the challenge of balancing user interest and building new features.

  • The podcast discussed recent experiences on farcaster, including channel passes, moderation, a quick detour to solana, and spam, as well as personal experiences with forecaster and dealing with complaints.

  • Founder is excited to see people using and sharing their product, compares it to surfing and discusses the challenge of balancing maintaining user interest and building new features.

  • Building a permissionless protocol was a big risk, but now the focus is on iterating at the client level, getting people to use it, and building on top of existing users.

  • Farcon's products are being used by more people, with the ease of use being praised, and the speaker is excited about the interoperability and token gated features.

  • The speaker expresses gratitude for the boundary-pushing actions of the audience, highlighting the benefits of not using a specific wallet provider and the advantages of leveraging crypto.

  • Hypersoft doesn't support events, group chats, or frames, but it's still possible to access them because the credentials and subscription data are public.

• 05:06 🔑 Channel passes experiment to reduce spam, discussion on entry barriers and user engagement, potential token gating at protocol level to combat spam.

  • Interoperability in web 3 allows for innovation without upfront costs, and the speakers discuss topics spontaneously.

  • Channel passes are a new experiment to reduce spam in popular channels by requiring users to pay a pass to cast, with the goal of decentralizing the mechanism to all forecaster clients.

  • The speaker discusses the different permutations of requirements for obtaining an active badge, including paying warps, holding a token, and a sliding scale based on activity, as well as the observation of a potential enablement on memes.

  • The speaker discusses the need to find the right balance between entry barriers and user engagement on different channels to avoid spam and maximize user experience.

  • The speaker discusses the importance of data collection and conversion rates for a channel, and expresses interest in being able to play with those numbers on certain days.

  • Implementing token gating at the protocol level using warps may be a way to reduce spam in channels, but it may be more practical to use a dollar gate that only needs to be paid once.

• 10:38 📺 Encouraging use of smaller channels for farcasting can bring liquidity and new connections, while moderation and freedom of speech on popular feeds should be done discreetly to maintain a positive environment.

  • The placement of low fences can significantly impact human behavior, as seen in the reduction of suicide attempts and people's reluctance to step over even small fences, which could be relevant for popular channels with high exposure.

  • Encouraging people to use smaller channels for farcasting can bring liquidity and new connections, while the issue of spam and barriers to entry is still a concern.

  • Different channels can iterate on different strategies and benefit from what they see working with others, with big channels being distribution and smaller accounts having the potential for increased distribution through casting a banger.

  • The speaker discusses moderation and freedom of speech on the farcaster channel, expressing curiosity about how it will evolve on chain.

  • Colin Johnson's post was hidden in the farcaster channel, leading to a discussion about the need to normalize constructive feedback and communication about censorship.

  • Moderation on popular feeds should be done discreetly to maintain a positive environment, as publicizing the process may lead to more work and less incentive for the host.

• 17:32 📺 YouTube channels reflect the values of their creators, moderation should align with those values, and transparency is important but can lead to hate for moderators; farcaster channel passes and the concept of channel host are discussed.

  • Companies reflect the values and beliefs of their founders, and the same can be said for YouTube channels as the nucleus of communities.

  • Moderation on channels should reflect the values of the Creator, and while transparency is important, too much of it may lead to moderators receiving hate and not wanting to moderate.

  • The speaker discusses the exhaustion of constantly moderating comments and the importance of transparency and accountability in content creation.

  • People should be aware of the metrics for hiding farcaster channel passes to determine if there is an issue with spam or if someone is being overly controlling.

  • The concept of Channel host is inherently dictatorial, with the owner having ultimate control, and channels ultimately function as their own communities with their own rules and norms.

• 22:03 📺 The speaker discusses governance and economics of channels, explores Solana integration, and addresses spam behavior in online communities.

  • The speaker discusses the governance and economics of channels, including the design space for the economy and the hypothetical and philosophical aspects of political theory.

  • Governance models for channel are an interesting design space that can be explored to scale and preserve the uniqueness of internet communities.

  • The speaker discusses the addition of Solana to the ecosystem and expresses uncertainty about its significance.

  • The speaker discusses the potential positive impact of Solana integration on the farcaster channel and protocol, allowing Solana Maxis to create a community on farcaster.

  • The speaker discusses the decision to build a social network on Ethereum first due to its reliability, and then integrating Solana later, but admits to not knowing the full extent of the impact.

  • The speaker discusses the different types of spam behavior, including those from people who may not know how to participate in English-speaking spaces and those who engage in spammy behavior to gain followers.

• 27:36 📺 Posting multiple memes rapidly on a channel is considered spam and engagement farming, while the implementation of a social betting idea on chain encourages high-profile figures to get involved and excites people, but can be seen as annoying by others.

  • Posting multiple memes rapidly on a channel is considered spam and engagement farming, which is annoying and should be avoided.

  • The speaker discusses the implementation of a social betting idea on chain, which encourages high-profile figures to get involved and excites people, making it a spectacle and getting them more engaged.

  • People use quote tweeting to get others to bet and distribute points, while farcastles and yoink are examples of user engagement and annoyance in the protocol.

  • Engagement in air drop farming may increase, but it is not beneficial for the account and can be seen as annoying by others.

• 30:51 📺 Channel passes and moderation are being implemented to discourage unwanted behavior, but people are still annoyed by excessive content and wish for a feature to mute it without unfollowing.

  • Channels provide boundaries for content, with the feed serving as a way to get a broad overview of network activity.

  • People are excited about various things on the channel, but if it's not your thing, it can be annoying and noisy.

  • People are annoyed by excessive Instagram stories and posts from friends, and wish for a feature to mute them without unfollowing.

  • Channel passes and moderation are being implemented to discourage unwanted behavior, but there are still some challenges to overcome.

• 34:01 📺 Individuals can control the money they receive in a community, with quality of contributions determining who gets added to the multisig, and the speaker is excited about farcaster events and activities.

  • The speaker discusses a new way to financially incentivize behavior in a community by allowing individuals to control the money they receive.

  • The speaker proposes a thought experiment about sharing a wallet seed phrase with multiple trusted individuals and questions how many people can be added before the wallet is drained, considering the need for a majority of signers to drain the wallet.

  • Quality of contributions to the channel determines who gets added to the multisig, with the amount of money in the multisig being a factor in the decision.

  • The speaker is excited about various farcaster events and activities.

INSIGHTS

User Engagement and Community Building

• 🌊 Catching the wave of user engagement is like surfing, you have to put in effort to stay on the wave and keep the energy alive.

• 🔄 Building a protocol is a big risk, but now it's about getting people to use it and building on top of existing users.

• 🧠 The idea of low fences changing human behavior is a fascinating concept to consider in terms of influencing actions and decisions.

• 🗣️ "Freedom of speech not freedom of reach" - big channels with big followings are distribution, and smaller accounts can benefit from this distribution.

• 🎲 The social betting idea encourages engagement and excitement by involving high-profile figures and rewarding people for making bets, creating a spectacle similar to a sporting event.

• 🎮 The design of interactive games like farcastles and yoink can impact user engagement and experience within the platform.

Innovative Features and Governance Models

• 🌱 The ease of use and interoperability of Farcon's products is brilliant and beneficial for users.

• 💸 The concept of "warps" as a one-time payment for access to channels may make more sense than traditional token gating, as it allows for viewing certain channels without ongoing payment.

• 🌍 Channels are like communities with their own currency, rules, and norms, building an economy on crypto.

• 💡 The excitement of exploring governance models for channels is what makes the internet community special.