nicolette duclare (Nico.cast)
@hi_im_nico
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603
building Farcaster stuff , @wieldlabs . cofounder @miycapital , previously @square @cashapp . @ n on Farcaster
Palo Alto, CA
Joined November 2018
Don't wanna be here?
Send us removal request.
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Pinned Tweet
a relatively low Farcaster ID (20k) is now flooring around $100, this is really just the start 👀
Farcaster OGs (~2.37ETH floor) were dropped to sub 20k FIDs who were active
High conviction low FIDs will be status signal
cope some low digits Farcaster accounts:…
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If you joined Farcaster early:
- OG NFTs (5ETH ATH) were dropped to sub 20k Farcaster IDs who were active
- very first $degen airdrop (up to 33M $degen - $500k as of now)
- first to $frame, $points, $spam, etc
20k FIDs are flooring ~ $250.
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My last day at Square/CashApp & going full time on crypto!
Tradfi fintech has so many middlemen taking 2% there, 1% there that most well-intentioned startups end up monetizing with predatory loan terms
Excited for consumer crypto to annihilate buy now pay later for Dunkin'…
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FarSchool season 4 is here
If you like Farcaster, you will like FarSchool. One trivia each day & spins for loot to dress up your FarQuester. Legendary has a below 1% drop rate.
Good luck ladies & gents. Link below 🎩⬇️
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33 Eth of trading volume on Farcaster IDs, with 32E in the last 24h
10k FID flooring at 1.1E
0.22E for 20k
On the importance of security - FarMarket was launched in November, & our contracts are open-sourced. Avoid buying outside of !
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My angel investment thesis this crypto cycle:
Do: invest in teams that relentlessly iterated in 2022-2023, with little to no money raised. They have grit & all the domain knowledge to take off once market is ready
Don’t: everything else
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gm, announcing one of the largest referral rewards at fid dot market
Earn 2% of the sales price from each Farcaster ID transaction - For a low FID like
#81
that's almost 8ETH
all you need to do is share your link (see next post)
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Those early to Farcaster know it took ~3 years of endless iterating on onchain features to get to frames
Collection-gated hashtags, user NFT feed, mint in feed
In retrospect, I can see now how each iteration got a little closer to the 'aha' moment of frames
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Many memes trend on Farcaster way before CT (e.g. $DEGEN)
Introducing farquest trends powered by
@wieldlabs
- catch the latest buzz on Farcaster, including historical growth!
link in the next tweet
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If you are on Farcaster and wonder what your account can sell for…
We just launched a frame to have people appraise your Farcaster ID :)
It’s like Pawn Stars for accounts 💰
See below on how to get your appraisal & trade your account
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I've been building on
@farcaster_xyz
for nearly 2 years (FID
#274
)!
Today Farcaster is finally open to everyone!
We've upgraded today: buy a FID with storage & start casting right away
To a decentralized future 🥂
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an early Farcaster account just sold for $13.5k on far dot quest
high conviction that we will look back to the current time as an inflection point in crypto x social
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It's Costume Time on FarSchool Season 2 🤠
Explore Farcaster and earn new outfits, hairstyles & accessories to dress up your FarFriend!
Join us on
@castprotocol
today!
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Heard y'all like low Farcaster IDs
Cop the first listed 99 club FID on FarMarket 👑
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FarSchool Season 3 is live!
Learn to trade on FarMarket & Farcaster, earn loot, FarPoints, and new cosmetics for your FarQuester :)
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It's FarSchool Season!
This is our biggest update to
@bebprotocol
so far. Learn something new about Farcaster each day to earn awesome loot (and FarFrens 🟪)
Head to FarQuest () to get started
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The OG Farcaster experience:
> get a .dmg file for Farcaster desktop
> thought it was malware but downloaded anyways
> Reticulating Splines
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FarMarket is live: buy and sell Farcaster accounts today on !
Decentralized social is about owning property rights of your identity for the first time. We launched FarMarket on
@wieldprotocol
to showcase this freedom :)
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I only quit Square/Cash App a month ago to go full time on crypto
we've already shipped more features & gotten more metrics than all my years in "big" tech
bureaucracy is the real danger to any product
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Gm to all my new friends from purple and blue app
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X quietly rolled out native tipping in ETH and BTC
ready to bank with Grok next?
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The most important thing I've learned at Cash App for consumer finance: if you are selling something novel, play around people's existing habits.
A viral feature was 'round up'. Most customers already knew the concept from a competitor(Acorn), and it was a easy sell.
good…
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How we made
@bebverse
wallet login 400% faster:
Added a guest login option that generates a wallet on the fly
Guest login: ~5s
Metamask: ~20s
Great UX improvement if your app does not need to connect to an existing wallet!
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Announcing 👾
Complete quests, unlock loots & rank up REP!
Anyone building on
@farcaster_xyz
protocol will soon be able to create quests, permissionlessly. Stay tuned for more!
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Just 4 votes away on RetroPGF, please share as we’re completely self funded and want Farcaster to grow through FarQuest!
If you want Farcaster to grow on Optimism, a vote for FarQuest on
@optimismFND
's RetroPGF is a vote for
@farcaster_xyz
.
We've taught over 100,000 unique people about Farcaster through FarQuest at the time of our RetroPGF application- with tens of thousands more people since!
👇
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@bebcaster
is now live 🔥! You can now log in with your
@farcaster
account and start posting in
@bebcaster
groups such as Winecaster, Dadcaster, Furcaster and more! 👇 (1/3)
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link:
0
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🧵 My thesis on why the next wave of products will be competing on vibes:
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Startup is changing. Most 2024 teams are lean, remote and generalists.
Stark contrast to 2018 San Francisco. We had a 'fruit team' whose sole job was to take care of all the juicers in the office
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This is all live mainnet and 100% decentralized.
From this point on we (the BEB team) can no longer ban communities. To a freeer future🥂
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This is just the start
TBH just extremely bullish on the transparency of trading decentralized accounts
big accounts cannot be repurposed for nefarious purposed without scrutiny
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1/n It amazes me how many web3 websites auto opens Metamask.
it feels intrusive to the end-user, similar to a flash sale countdown popup in web2
Here are what I did (as a dev) to improve the UX:
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We will unveil our plans for Wield *very* shortly :)
Excited to share
@wieldlabs
raised a $1M+ first check pre-seed oversubscribed by
@Lemniscap
, with angel participation from Dan Romero (
@dwr
), Colin Armstrong (
@colinarms
), Rueben Brama (
@reubenbrama
), Perry Randall (
@perryjrandall
) and Henry Shi (
@henrythe9ths
)!
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Just launched 's IOS app and migrated to use
@rainbowdotme
🌈
Thanks for the attention to detail and world-class UX team!
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Am I the only one tired of Metamask popups (auto-popups 👁️👄👁️)
We just added guest accounts to
@bebverse
, where you can generate a mnemonic on the fly
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Always amazed at how much effort it takes to build a seemingly simple app
Incremental UX polish and hard-to-reproduce bug squashing are underrated
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An update on doing video calls as my NFT. :)
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friend is trying to pay off student loan and first thing they ask is "prove your identity"
not sure about you but if I hack someone the first thing I'd do is pay off their student loans
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I believe the next wave of products and communities will be single-feature apps competing on vibes
This applies to communities as well! Being sci-fi nerds we rebranded
@bebdotxyz
as the BEBverse, so visiting each community is akin to traveling to a different dimension 🌌
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same VCs who said "Farcaster is too small cap for us" a month ago
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when your friend joins crypto in 2023 and you have been through it all
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if you want to cop some low FIDs:
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same VCs who said "Farcaster is too small cap" a month ago said "You can't have 10,000 mints on ETH" a year ago
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How I rank 2024 crypto startups
Highest signal: team who iterated through 2022-2023 with little to no money raised. They are just waiting to pop off when the market is ready
Lowest signal: startups who raised in 2021 & pivoted to AI in 2023 now pivoting back to crypto
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my most prized NFT is my Farcaster username
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If your family says memecoins are 'risky'
WeWork was once valued near $50B and is now worth less $8M
shitcoins are no worse than propped up VC investments
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Have been working hard on permissionless registration of
@bebdotxyz
@bebcaster
communities and very close to launching
This means:
- any group gated by an ERC token
- any group for an allowlist of addresses
- any “caster” groups accessible by Farcaster addresses only 👀
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link:
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As a non designer, super proud of how this turned out using just code
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@GergelyOrosz
Why shouldn’t companies do a flattening of the managerial class? Most tech companies I have worked at are bloated with empire-building managers with no meaningful impact
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An idea borrowed from
@blankfdn
: NFTs should all have a versioning system similar to git, with multiple, ordered base URIs.
This allows traits to be easily updated while keeping a history of the evolution
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There is something exquisite about passing out from exhaustion as a founder
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Follow up on me building an SMTP server over the Holidays. Some thoughts on a web3-native version:
- dynamic recipients list with on-chain conditions such as holders of an NFT
- scaling to large numbers of addresses
- forgeries
- spam prevention
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Shipped the genesis mint waitlist page for BΞB over the weekend, staying in and code ftw
Also - free mints for selected aspiring communities on launch, just apply on
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The 'Golden Age' of Software Engineering, with $100k sign-on bonus out of college, is coming to an end
If you are young & ambitious it is better to just become a founder/creator than aiming for FAANG
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Been getting an influx of deals (seed, pre-seed), all under 10M
2021's valuation seem distant
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I have used Farcaster since the start of the year.
Never had I felt productive scrolling through social media - until Farcaster. :)
Super excited for what is to come for web3 social
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@pugson
is one the best designer I know, and his quote hits home:
"the biggest edge you can have over other web3 startups is your frontend design and dev team"
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Our
@bebverse
NFTs just got a fresh update. :)
If you are an existing holder, refresh the metadata on Opensea to get your 3D dimension!
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I’ve been pondering about the meaning of life as a techno-optimist
My current thinking boils down to this:
“The ables have a duty to create”
Just like the strong had a duty to protect the weak in the pre-civilized world.
Steve Jobs once said, “what more to show your love for…
0
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When blocked designing products, I find helpful to remember that the world isn’t waiting for more of the sameness
Characters in a story are more memorable for their unique flaws rather than their perfection. Same is true for products.
Go for something silly, if it is…
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Farcaster is the Ethereum of social media
join us on the far side!
1/14 Our latest report: "Breaking Down Walled Gardens: Farcaster and Decentralised Social Media", delves into the rapidly evolving social media landscape, from the centralised control in Web2 platforms to the concept of decentralisation in social media.
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Older tech companies have a 10 to 1 rule: out of 10 hires, one does the work of 10.
New startups live by a 1 to 10 rule: each new hire should be as productive as 10 people, aided by AI tools
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1. It is easier than ever to build software.
Pre-AWS, building stuff was hard. Now, almost any dev can deploy a fully-functional web app in less than a
day.
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One of the best decisions we did was to personally handle tech support for 10k+ users in Telegram
Being involved in as many support tickets as possible early on tremendously helped with prioritizations
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If you weren’t born into money college (and housing) are now almost impossible in the US
Tell all ambitious young people to get into crypto. The most meritocratic and only industry where anyone with skills but no background can create billions in value
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Petition to bring back old-school emojis
n_n
T__T
t-.-t
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High conviction: decentralized projects enable permissionless and bottom-up changes in a way traditional corporations cannot replicate
In FAANG no IC can to shape the direction
In web3, users drive the roadmap
Improved the user experience of the
@bebverse
mobile app, my favourite web3 community platform. BEB aims to truly decentralize communities in a permissionless way.
Check out the project on Behance✨
@ethjcdenton
@hi_im_nico
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@ossia
@john_smilga
This is 10h of FREE, quality content. Some bootcamps cost more than 10k and do not provide half as much value.
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Our infra has been battle-tested against 15k DAU :)
To celebrate the Super Bowl, we’ve completely overhauled the documentation for our free & open-source Farcaster APIs!
You can find them hosted under FarQuest now!
Link 👇👇👇
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-300 000 years ago: regular use of fire
-70 000: myth, legend, and religion
-12 000: agriculture
-5000: first money
-500: scientific revolution and capitalism
-200: industrial revolution
-30: read
-10: write
0: own
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My experience with Twitter Blue:
I see 1 ad out of 3 tweets, what do non-blue people see? one tweet out of 3 ads?
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Super excited amongst the first to try it out, congrats again team!
I saw Perl unfold from idea to product before my own eye, insane execution speed.
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1
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The best products allow users to materialize their imagination
- ChatGPT: build any chat AI with an API
- Roblox/Minecraft: create any game
- Figma/Adobe: design anything
- Notion/Airtable: organize any content
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1. appraise with your link:
2. trade on
3. CONGRATS
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4. Competing products can coexist
Micro-apps are like coffee shops. There is always more to explore, and you go back to the ones you vibe with.
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Some of us are still in crypto not for the money but for the love of our JPEGs
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explaining crypto to my family over the holidays
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Re-reading the sovereign individual -
Predicted the principles of DAOs and NFTs 20 years ago 🤯
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3. Shared data graph.
If decentralized social protocols like
@farcaster_xyz
,
@LensProtocol
, and
@bebdotxyz
were to succeed, competing on features might be even less effective.
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Without the competitive advantage and lock-in of a closed data graph, repeated usage is not achieved by features in a software-as-commodity world, but by vibes.
After all, buying from the bakery next door feels different than buying from Amazon.
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An interesting term I discovered today: “a philosopher should be known for one single idea, not more.”
Referring to the idea that less is more, and that focus is about saying no.
Especially to the good ideas.
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Amazing how corporations in Web2 shove their products down your throat with ads, whereas in Web3 the community advertises for itself.
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If you want unconventional UI inspiration: look at foreign games
It’s impressive to communicate the intention of a screen despite language barrier.
(I don’t read the language but I instinctively understand that I am on a “mission” screen)
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Can’t wait for all the AI startups to inevitably monetize
Me: what’s the weather in San Francisco?
Ad GPT: heavy chance of rain. By the way, here’s a coupon for McNuggets at 50% off if you decide to stay indoor!
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