- Create Your Rainbow
- 💖 Incentives of a Decaying Monoculture
💖 Incentives of a Decaying Monoculture
Farcaster mania rises, impact continues
Happy weekend friends 💖
Welcome to Create Your Rainbow - a newsletter created to understand the role of community, culture, and meaning at the edges of technology. 🌈
I bring you insights, teachings, and inspiration for your adventures.
Time to read - 5 minutes
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💖 This week in tech:
This is the 50th issue of Create Your Rainbow 🥳
Farcaster usage skyrocketed this week, with Feb 3 marking 38k Daily Active Users and hitting 10k Hourly Active Users for the first time. This is in large part due to multiple notable Crypto Twitter accounts finally hopping on board, telling their audience to come along. Plus, a number of Farcaster-native, community-led memecoins taking off…and we know how CT loves degens.
This is only a week after the launch of Frames, interactive mini-apps in-feed that now have text input for additional functionality. Giving Frames the ability to utilize AI with text input from GPT and Stable Diffusion. Total Frames bounties for builders have now increased to $55k on Bountycaster.
Due to growth, Warpcast, the app built by the Farcaster team, has gone down several times this weekend. Yet, because of the decentralized nature of the protocol, other apps like Supercast have largely been able to keep up with demand.
Still holding out on joining Farcaster? Here’s an invite
Headed to Spatial Computing Island - many Apple Vision Pro users are experiencing “spatial computing” for the first time this weekend. The world of tech has yet again fundamentally shifted, as this is the iPhone 1 moment for Apple’s VR solution (just don’t let Apple catch you calling it VR).
I nearly didn’t write a newsletter this week, but it’s the best time of the week I let myself unload a little creativity into an editor. However difficult it was to focus or even form coherent thoughts due to everything going on, finding meaningful topics below to form opinions on has been worthwhile.
So, this week I’ll cover:
The “creator economy” & creativity in crypto
Frustrations with consumer crypto
Incentives vs Impact
Social structures and human engineering
When you’re ready…
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