Transcript: GM Farcaster ep37, Dec 18, 2023

NounishProf, adrienne · GM Farcaster

0:19Speaker 0

i'm gonna assume that we are live because lily is not cooperating so i can't

0:26Speaker 1

see if we're live but i assume we are so gm farcaster it is monday december 18th and you are here with adrienne and the nounish prop bringing you 21 minutes of farcaster news to start your day and adrienne's having a bit of a morning having a bit of a morning it's okay we're gonna get there so she's she's on her phone she can't we can't see the chat at the moment there's all kinds of issues we're gonna plug along because there's a ton of stuff to talk about today because merkel decided to like ship everything friday night

1:08Speaker 2

they really they really did

1:10Speaker 1

they're so crazy on us so yeah so let's get into it i'm gonna start with

1:19Speaker 1

outcasters so we'll start with outcasters snapshot 0 23 a beautiful piece per usual i love the cover art and that was created by ghostlinks it's lovely and we adrianne you're still in there you're hanging in in the top 30 active users and i love something

1:43Speaker 2

like 4 if i'd casted 4 fewer times i would have gotten booted but

1:46Speaker 1

you were very close you're right on the edge but you made it we've got a lot of meme ish feel to this one little bit of beige management a few other things and some beautiful photos towards the end of just some gorgeous scenery and different things happening and of course a cat there's gotta be a cat there's always a cat there's just always a cat at least one in every single weekly wrap up of everywhere on the internet really so we're gonna get into this in a minute but i thought it was interesting to see graham mcbean say there's been a vibe shirt shift i'm here for it but it's definitely happened say more it's like the culture has been split into hundreds of little shards will be interesting to see where it lands so we're gonna jump into talking about all that but a lot of this relates to all the new channels plus all the degenerate that happened last week and continued on so i think between those two things we're seeing we are seeing a little bit of a shift in vibes what do you think about that statement adrianne i was curious to get your take on that while i try to see if anyone's chatting with us because i can't get the channel i mean they can't get to unload

3:07Speaker 2

yeah it is yeah you do that and anyone listening i there was a a big storm in my area so i woke up this morning with no power and lots of flooding outside so i'm i'm dialed in on my phone but i'm unable to pull up the chat or do anything else so do you have anyone listening live we're we're

3:26Speaker 1

doing the best we can today

3:28Speaker 2

the the vibe shift the vibe shift in farcaster since over the last week is definitely palpable and and i think like with any time there's a shift and we've seen this a few times like there's the immediate change is bad give me back my old give give me back the way it used to be i think

3:53Speaker 1

i you know what's funny i think that i expected this more when we went permissionless i expected a major vibe shift right and we didn't really see that so it's interesting to see it now and see what the things are that actually made a shift and this feels like a moment and it's it's really interesting i you know i i don't know that it's bad you know i think it's i think it's different and we're gonna see adjustments but i think there's also this you know oh good we are live i was actually able to get to us

4:37Speaker 1

that's good glad we're live and now i can see the chat gm it's so good to see you

4:46Speaker 1

okay so some people are saying in the chat they're not feeling the vibe shift as much as others i i think you know i'm not i'm not disturbed by it i definitely feel it but i'm not like bothered by it i guess is the difference so where are you at you're more og than me okay so you're feeling similar

5:04Speaker 2

i'm not bothered

5:05Speaker 1

yeah okay yeah because i think there's a lot of positives to to what's happening too including and let's jump into this permissionless channels so we have now let me find the correct one of course i can't of course it's not gonna pull up now we have now you can create your own channel so the plan for channels from dwr we launched channels in june 2023 with farcon and purple we've done a bunch of experiments since there since then we're optimistic about channels being the thing for farcaster i agree why farcaster is not just a decentralized twitter clone we're rapidly iterating on channels and we're moving in a slightly different direction than the original channels are just a marketing name for fip 2 turns out channels need more native functionality like following mods we call them host moderation and other future features so he goes on to talk more about that and i was able to create a channel for gm farcaster and it runs very similar to this to what varun says here creating a channel is rolling out in stages on warpedcast click create channel in the left sidebar on mobile choose a unique name pay the channel fee in warps if you don't see it try updating if you don't have warps you can get some on the web so it was really easy but also i still struggled a little bit to not know exactly what was gonna happen so let me just explain when you click on the create channel you're giving the channel name but you're going to have a chance after you create it to actually edit the description you know add a little bit about it you can change the name or at least how it appears things like that because i was like i do not want all lowercase gm farcaster that's the channel name but it's the slash name right so then i was able to get there's

7:02Speaker 2

channel name and then a like a display name exactly you can set a display name separate

7:06Speaker 1

exactly so you can adjust it and it can look a little nicer and you can also add the description and all of those things it did cost 2,500 warps but also very seamless and very easy process like using warps has been really i think a huge unlock i think it it just works so well that it's really been an easy thing to incorporate into different applications and things like that so you know as centralized as it is we have a whole discussion about centralization and points and boys club had a really good pod the other day talking about points in general not dollar sign points but like the use of tokens or points or loyalty rewards or things like that within crypto the crypto space and i thought it was really interesting so think like friendtech and rainbow and blur even blur did that for you know blur and blast and all these different things that are using this sort of placeholder for a an erc 20 if you will so the process in general very easy people not thrilled with the zillion notifications are yet

8:22Speaker 2

oh my god the number of notifications

8:26Speaker 1

yeah so there

8:27Speaker 2

people went

8:28Speaker 1

yeah and i

8:29Speaker 2

don't know how you felt but like i'm i i was also like in camp i don't need to be notified every time someone launches a channel i had but i also i'm also okay just recognizing like it just launched it's not gonna be like this forever they might change it i don't get as offended but i couldn't get over the number of people launching channels give me

8:53Speaker 1

a call

8:53Speaker 2

did you wake up saturday morning and check your phone

8:56Speaker 1

yeah and that was dan's that was dan's dan's note here was a couple things but it was about waking up to exciting to wake up to so many new channels always amazed at the wide range of interest casters have for those feeling channel notification fatigue this most likely a temporary burst of new channels since they've been permissioned for 6 months we'll add a notification toggle sometime soon so you know i think that's really the the unlock there is if you can talk toggle off the notifications and the other thing he mentioned was the home feed is still there it just doesn't have an icon so it's sort of your default and then when you tap into channels now it pops up as an overlay and then tap back button or home icon at the bottom to return back to home so just a little a little shift here and there of a few things in terms of how it works but yeah the notifications were off the chain and then i said to you i'm like do we launch it do we not launch it like i was like i think we need a gm farcaster channel because then i won't have to think about what channel to cast into every time because i'm like i'm lonely farcaster where do i put this so now i know where to put this but it's all it it was also like is this gonna bug people like are they sick are they gonna be mad at us i don't know so hopefully you weren't mad but what do you and i'm shocked at how many people are already in our channel and we love you and we appreciate you and yeah go ahead yeah

10:36Speaker 2

i think one of the one of the risks with too many channels right is is the content gets splintered to dispersed into too many channels and you can't there's not enough in any channels to have meaningful

10:49Speaker 2

content and conversation so i was like well do do we need our own and then i i thought about it and then i was like of course we need a gm forecaster channel and it doesn't mean you can't cross cross cross promote and and talk but yeah so we've got our channel and i'm

11:05Speaker 1

excited

11:05Speaker 2

we'll see how it goes

11:06Speaker 1

we'll see how it goes i guess where our video is coming about a little chunky and chuggy which is weird because our connection seems to be fine so i think maybe unlonely the unlonely stream part of it is being weird but i think our recording will be fine so if you're you know getting annoyed with us because it's chugging along check back on the recording it should be a lot smoother

11:32Speaker 2

chelsea but i don't have internet this today so i might not be able to get that uploaded to today until i come to get done

11:40Speaker 1

worry about it yeah but i'll have i'll have the recording done and we'll have that up shortly

11:45Speaker 2

it's amazing by the way how lit how little you can get done without internet

11:49Speaker 1

it's crazy like

11:51Speaker 2

power i'm fine keep the power

11:53Speaker 1

okay totally i'm gonna totally pivot here on a on a go on a side note but have you seen leave the world behind yet no on i think it's on netflix i think it's netflix okay if you have a chance go watch it i'd love to discuss it with you but sort

12:10Speaker 2

of the key

12:11Speaker 1

the key part of this is that you know yeah everything goes down like everything goes you know all the internet connect your cell phone everything you can't communicate you're not getting anything and like that's like the scariest scenario to me like that's the easiest way to disrupt our world for sure like in general so anyway let's not dive too far into that because we'll be on a whole like

12:36Speaker 2

well that's my theory so yeah on the

12:38Speaker 1

you know right down the hall

12:40Speaker 2

on the ai on the ai doomerism front my my feeling is less about like okay the the ai is going to turn you know the the paper clip scenario where they're gonna do something malicious and try to take out humanity as my feeling is we're just so incredibly dependent on technology and the internet like to do anything yeah that when you have if there's outages you know just chaos

13:09Speaker 1

chaos absolute chaos yeah and you feel bored and it's so it's so interesting how quickly we've adapted to that if you think about it you know just going back to our childhoods even like yeah we get bored when there was a snowstorm we had no power but it was like all we were losing was 3 channels

13:31Speaker 1

saturday morning cartoons

13:32Speaker 2

you know that's about 90:90 minutes of programming right

13:35Speaker 1

that's it you know you realize that the tv used to go off like 10 o'clock so yeah so i did get a question yeah vip is working on mobile too interesting yeah i think lonely is just having some some weirdness today someone asked me about that movie it's it's a little odd it's quirky i'll just put it that way but it was it will make you think about things so do with that what you will d y o r do your own

14:08Speaker 2

i started a new show i did start a new show this weekend based on a forecaster recommendation so i'm 2 3 episodes in murder at the end of the world

14:20Speaker 1

oh i've heard about that but i have not watched it yet so i will have to see things from the screens channel there you go there you go

14:28Speaker 2

it was actually from farcaster

14:30Speaker 1

damn but better even better

14:32Speaker 2

i'll more alpha there

14:34Speaker 1

more alpha there farcaster is amazing oh yeah you will be blamed i will be blamed if they hate the movie okay fantastic alright so a few more things happening in the farcaster world of farcaster before we but maybe maybe there are things happening i love this meme from dan wow wow people talking about consumer crypto on twitter people having fun using consumer crypto on farcaster i do think that we are seeing you know the way we're interacting with warps and all these things we are definitely seeing consumer crypto coming to the forefront and of course we also have seen the degenning of farcaster and warpcast so okay here we go gonna run this in 5 minutes are we

15:25Speaker 2

gonna do this

15:26Speaker 1

no we're gonna do this really quick because we have to do this okay so points points being born out of farcaster has defi killed my web 3 friends and web 3 killed my defi friends this was from kyle and i thought that was interesting soon after we had poor matthias the points sag is severely impacting my mental health and i need to go offline for the weekend and touch grass funds will remain in the contract for the time being so we had this whole you know situation with points where it ramped up and then it caused matthias a lot of stress and then it was like okay now what do we do so i think you know when you launch a meme coin there's definitely like you can he yo load it right it was just like fun i'm just gonna throw this thing together this seems like a fun thing to do and then there's all these repercussions because it took off it could very well have done nothing right it could have just been this fun thing sat there did nothing but because it caught fire it comes with more pressure and more problems and challenges and all of that and i feel awful for him and i hope that he can ignore like ignore the fud ignore people who are just you know being mean on the internet because they're not worth your time so i

16:47Speaker 2

think he can and then the the someone else is gonna have to learn that lesson again

16:51Speaker 1

yep oh yeah oh here we go yes here we go

16:53Speaker 2

so

16:54Speaker 1

i'm gonna jump into that too

16:56Speaker 2

but i will say what what's sad about this though is like if you saw it being launched it's like oh this is a meme

17:01Speaker 1

yeah

17:02Speaker 2

and there's no thought but then fast forward you know people who you you start hearing people talk about things like well what is the project team going to do with the funds

17:11Speaker 1

yeah

17:13Speaker 2

project team

17:14Speaker 1

project team

17:15Speaker 2

like there's no project like i can't go back as if it's a project as if it wasn't just a you know kind of like yeah i'm responding to someone's challenge cast saying hey someone make a you know someone yeah bunch points

17:27Speaker 1

just something fun yeah just something fun so there's yeah and that's so that's how people think so and especially if you didn't see it from start to finish and don't know him and you know all those things and it it turns into a whole different thing because people are going on their past experience right of other meme coins other scammers other issues other you know all that and that's how they're seeing it rather than seeing this person as a person and that's unfortunate but we do have a couple other meme coins that have popped up so we have satori coming in with wow wow and it's interesting he had a very different approach to this

18:11Speaker 1

it's it was like i think launched a couple weeks too late i think it is a better farcaster meme coin meaning but it but a lesser meme coin in terms of catching it won't catch the same fire as points probably

18:28Speaker 1

i am gonna disclose that i am a wawa whale i was given a lot of wawa i have not purchased any yet but i was given a sane amount of wawa so that's i don't know what i'm gonna do with it i am gonna give some away at some point but i'm kinda just letting things ride and see how things play out this week and then we'll figure out what we do with a 139,000,000 wow wow that's literally the most i don't know meme coin i've ever had

18:59Speaker 2

you're right about the timing i mean the timing of when you launch something i mean whether it's a meme coin or a company or a product yeah or an investment it does

19:11Speaker 1

huge difference matter it does matter yeah so we'll see if it catch fire but then we had okay so then we had df throwing in some advice if you david furlong who seems to really know what what's going on here if you are designing a forecaster meme coin please get feedback and help from people you trust on here tokenomics vibes and contracts all it takes is one to be wrong for it all for it to fail and the current meme coin madness momentum is a scarce resource and then we had bill bill i adore you but let's talk so bill launched fartz fartz experiment has failed and i'm calling it off a contract bug has made it impossible to move funds out of the treasury to purple or anyone else will burn all remaining tokens and renounce ownership soon so the way he was designing his meme coin was really going to be giving back a lot to purple as i understood it i did not jump into that one at all i don't think i was gifted any i hadn't checked but that one i i stayed stayed away from so yeah be careful go go tread lightly with meme coins you know if you don't know what you're doing if if you're not willing to throw the ether away don't do it that's the bottom line because that's what that's essentially like you have to get into that mindset and if you're if you can't be in that mindset then you shouldn't don't touch it just don't touch it

20:45Speaker 2

yeah you have to a 100% be in it like whatever eth you're sending you have to think can go to 0 yeah and likely go to 0 likely go to 0 i feel that way about interacting with all web 3

20:56Speaker 1

everything

20:57Speaker 2

thanks even things that i that are not meme coins i'm like okay this is it's risky and you know there's it's it's risky in terms of from like a asset perspective but there's it's there's also just risky in terms of there's still the vulnerability security vulnerabilities and that we haven't all figured out

21:18Speaker 1

and we've seen we haven't seen too much talk of this on farcaster but over on crypto twitter the the exploits that happened this week with ledger

21:27Speaker 2

yeah

21:28Speaker 1

and there was another one that was going around with somebody reaching out to artists and sending them a link to jump on a zoom like thing but it was their own it was their own private you know call thing and the link just drained their wallets as soon as you click on the link and try to try to do anything so just be super careful out there yeah i mean any nft you buy assume that you're throwing your eth away everything because if you get into that mindset though and you're still okay with it it still can be a lot of fun but you kinda have to go from that mindset and we are out of time but i wanna mention one last thing because wow ted i refuse to use farcaster until we can mute channels i'm all for the d gen channel having fun but the fact that speculative behavior meme coin bullshit has taken over my entire farcaster experience even after muting and i'm following user is a major l they have fun at all our expense so not everyone is enjoying the the memeing and the the shitcoinery and would like to mute the channels which i can understand that would be frustrating and also there was an issue with unfollowing for a minute it's fixed so you can unfollow a channel now so there you go so back to where we started have the vibes shifted we'll see i think it's a wait and see situation and with that we are a little over time and adrian thank you for like the dedication to being here even though you had no power like well impressive

23:04Speaker 2

yeah and i don't and no power also means no coffee

23:08Speaker 1

oh god

23:10Speaker 2

so sorry you know you're not getting you're not getting sorry a flyer you're not getting yeah i like your mug you're not getting me at at my best on this monday so thanks for putting up with me

23:22Speaker 1

thanks for putting up with us and for us running a little over we started to smidulate and so big and we got a big announcement that we have to make before we go dan romero will be joining us tomorrow morning for gm farcaster so this is exciting so we're gonna do our usual little roundup and then we'll keep that extra short tomorrow so please don't do anything today just can you guys just take the day off just don't ship anything don't do anything don't launch any meegos we don't have time tomorrow just

23:56Speaker 2

chill out everybody chill

23:58Speaker 1

and then and then we'll be chatting with dan and so drop some questions we'll ask reese for some questions in the gm firecaster channel that we now have so jump in there and let us know what you'd like to hear from dan give us some some questions he hasn't been asked before i'd love to have that so that'd be fun and so we will see you tomorrow for gm farcaster a 21 minutes to start your day and oops i just realized that and lonely is we're not actually being shown right now it's still showing a whole different thing okay let's make sure we see us it was showing the last thing just a it's a day it's been a day let's at least go out with our faces we'll see you tomorrow with dan and hopefully no technical difficulties please bye bye everybody see you later