19033
Sebastian Lehrer
@sebastianlehrer #19033
Investing in Decentralized Social at Collider Ventures. Hosting @thepodcaster.
396 Follower 146 Following
The average quality of FC builders is absolutely insane
Tokenized collectibles is one of the most interesting use-cases for NFTs I've come across with.
Your onchain reputation will become much more important a few years from now.
My takeaways from an interview to @tldr about /bracket and consumer apps:
The approach you take when building a consumer app is not the same if you're building for crypto-native people vs non-crypto-native people. These apps should enable new behaviors—regardless of who the end user is.
Building a consumer-grade app for non-native users involves tradeoffs (for example, not supporting WalletConnect and forcing the user to create a wallet from scratch).
Every product team should decide when and if their users should realize they are actually using a crypto app.
Adding social capabilities to an app makes it much more fun, but the social part doesn’t have to be the core of the app. A balance needs to be achieved.
And a great point from @dawufi: Crypto onboarding should be much better. If you wanted to show a friend how cool the internet is, you’d show them Wikipedia, Google, or Facebook. In crypto, the first thing you show them is how to set up a wallet.
The approach you take when building a consumer app is not the same if you're building for crypto-native people vs non-crypto-native people. These apps should enable new behaviors—regardless of who the end user is.
Building a consumer-grade app for non-native users involves tradeoffs (for example, not supporting WalletConnect and forcing the user to create a wallet from scratch).
Every product team should decide when and if their users should realize they are actually using a crypto app.
Adding social capabilities to an app makes it much more fun, but the social part doesn’t have to be the core of the app. A balance needs to be achieved.
And a great point from @dawufi: Crypto onboarding should be much better. If you wanted to show a friend how cool the internet is, you’d show them Wikipedia, Google, or Facebook. In crypto, the first thing you show them is how to set up a wallet.
Tipping is a game-changer feature for social apps. Imagine if creators would get a cent each time they get a like on Twitter or an upvote on Reddit. No creator is making money out of their social pressence, all their revenue comes from ads/selling merch. Tipping changes that.
There's an awesome Macaroni piece being made on Basepaint
Being able to do a tx without having a wallet installed on your browser is an order of magintude improvement in UX.
Dan Romero (@dwr.eth) did an AMA on Monday.
Here are the key takeaways 🧵
Here are the key takeaways 🧵
We're kicking off Farcaster Fridays (on Thursdays) in TLV! Starting on October 10th, we’ll be hosting monthly meetups with fellow Farcasters at Collider's office. It's a great chance to meet new people, enjoy some pizza, and have a beer!
If you have any questions, don't hesitate to reach out to @eylon.eth or me :)
If you have any questions, don't hesitate to reach out to @eylon.eth or me :)
As a VC, I can say that I'm seeing more and more funds interested in Farcaster.
Capital -> Great consumer apps -> More DAUs.
That's the path.
Capital -> Great consumer apps -> More DAUs.
That's the path.
I wrote an article about why I want to spend the next 10 years on Farcaster.
https://paragraph.xyz/@sebastianlehrer/why-im-spending-my-next-10-years-on-farcaster
https://paragraph.xyz/@sebastianlehrer/why-im-spending-my-next-10-years-on-farcaster
Open social graph for the win.
Loved this
When will we be able to log into apps using clients other than Warpcast?
Poor Charlie's Almanack—a sort of compendium of Charlie Munger's thoughts/knowledge—is a must-read for anyone into business or finance. Probably the best book I've ever read.
Any tips for a non-native English speaker that wants to improve their writing skills by 10x?
Which is harder for Farcaster: increasing DAUs by 100x or improving user retention by 100x?
5th episode is live!
Which client has the best UI to post threads?
Somewhat of an unpopular take
AI agents that use USDC to autonomously query APIs/pay other agents/pay humans is probably the most interesting use case for programmable money I've ever heard.
4th episode is live!
Once our whole economy runs on-chain, imagine how easy and accurate our economic data will be. Measuring the inflation rate and overall economic activity will become much easier and transparent. No longer will certain governments be able to manipulate data in their favor.