Cast by arfonzo
Show the cast this replies toI think the interesting metrics at the 15d and 30d ones--active decay. As days pass since the acquisition announcement, I fully expect rate of decay for these two to speed up. An indication that people are no longer interested in farcaster. The sad part will be that these stats cover hypersnap, too (data is via hypersnap node). So that means the entire ecosystem has lost users, not that they have come over to hypersnap. Obviously no fault of hypersnap, but as a direct result of Balajis' actions.
1 reply
Yeah, that's what I'm eyeing with this type of data. Although I do agree with your take that net usage isn't everything: absolutely hot metrics are meaningless when it's 99% spam and grifting. Conversely though, I think we're about to see a decline on all metrics across the board on original farcaster client: drop in usage, as well as drop in quality, engagement, and general free thinking. The only rise will be in grifting for those who wish to get a piece of the money Network State is dangling in front of them for "content". Wild times.
i agree that that's likely; i disagree that that's a problem for network state (as distinct from its current citizens). farcaster needs to die in order for network state farcaster to survive. some users will be trapped between a shrinking platform and @balajis.eth's gaslighting (i love this for them). the culture that replaces it will be sanctioned, corpo style grifting (dressed as education, probs) and linkedin-esque pandering and corpo-style virtue signaling (i work long hours, i love the new vanilla pudding in the cafeteria, i admire balajis' braveness, i exercise often so i can deliver better products for my clients, etc). subsidized by BS, it'll be purposefully boring and unimportant and safely within the moderation guidelines. but it won't be farcaster... because it won't come from farcasters.
