Conversation

Notices

1. Embed this notice
   Nathan Schneider (ntnsndr@social.coop)'s status on Tuesday, 04-Jun-2024 09:05:31 JST Nathan Schneider

   in reply to

   • Michael Foster

   @michael the similarities are there (though I think the basic idea is very similar to, say, FB groups and subreddits). But more important, it seems to me, are the differences. In Farcaster, everything from storage to content to channel creation are financialized.

   As with crypto vs. open source in general, it's a question of whether making the economic layer explicit will attract or repel people.

   • Embed this notice
     Michael Foster (michael@newsmast.social)'s status on Tuesday, 04-Jun-2024 09:05:33 JST Michael Foster

     It’s weird when two things pop up around the same time, looking the same. Even more weird when one is a crypto start-up with a billion dollar valuation. And the other an under-funded non-profit in the Fediverse.

     That’s the story of an unlikely couple: #Farcaster and #Newsmast. 

     Both built around channels, or communities. The success of Farcaster shows the potential in the #Fediverse.

     https://www.blog-pat.ch/an-unlikely-couple/

     
     #SocialMedia