Farcaster ecosystem is thriving: Airdrop, new Blockchain support, and Pro subscription plan are coming.

The Farcaster ecosystem is rapidly evolving, with several new initiatives launched recently, including Airdrops, support for new Blockchains, and feature updates. Let’s briefly review some of the key highlights.

Farcaster Brand Reshaping: As a decentralized social network protocol, Farcaster allows developers to create various social applications on its foundation. Although several clients have emerged, the most popular to date is the flagship application developed by the Farcaster team.

To resolve users' confusion regarding Farcaster and its main application names, the team decided to unify the mobile and web applications under the name Farcaster. This initiative aims to simplify the user experience and eliminate unnecessary confusion.

It is worth noting that the team is considering making the application's codebase open source. This could spark a new wave of innovation, encouraging developers to create more experimental Farcaster clients based on this infrastructure.

What are the recent updates on Farcaster?

Premium Subscription Plan: Farcaster co-founder recently confirmed that the team is preparing to launch a new "Pro" subscription level for premium users. This service is expected to charge $10 per month and will provide users with a larger character limit and more image uploads per post, among other advanced features.

It is particularly worth mentioning that all the earnings from this on-chain subscription system will be allocated to the Farcaster creator reward program through a flywheel mechanism. Currently, the program distributes 25,000 USDC weekly to the top posters on the platform.

The co-founder explained: "The protocol needs to find a sustainable long-term source of revenue to continuously fund rewards for creators and developers, rather than relying solely on a single company. Initially, we thought storage fees could serve as a source of rewards, but later realized that to promote growth, storage fees should essentially be free."

What are the recent updates on Farcaster?

First Airdrop Activity: Earlier this year, Farcaster launched a native wallet for its application, allowing users to interact more conveniently with its thriving mini-program ecosystem. Now, this wallet is gradually becoming a convenient center for receiving airdrops.

Given that Farcaster has some of the most active on-chain users, many crypto projects are eager to capture their attention. As a result, Farcaster has been collaborating with third-party teams to directly distribute various token airdrops to Farcaster wallet users. So far, tokens worth $110,000 have been airdropped in this way, with more distributions ongoing.

The goal of this cooperation model is to achieve a win-win situation: participating projects can attract high-quality users while enhancing the appeal of Farcaster. The first batch of Airdrops averages about 10 dollars each, providing users with a convenient way to top up their Farcaster wallets.

However, the head of the Farcaster developer ecosystem reminds users that some projects may exclude users who participate in airdrops multiple times. Therefore, users are advised to consider holding the obtained tokens for the long term to increase the chances of participating in future distributions.

What are the recent updates on Farcaster?

Ecosystem Expansion: Although a certain well-known public blockchain has always been the most popular Blockchain in the Farcaster project, we are beginning to see a more diversified ecosystem development. For example, the Celo and Monad testnets have recently been integrated into mini-programs and Farcaster wallets, with larger-scale integration plans in the future.

It is particularly noteworthy that Farcaster is developing a new Solana wallet beta, which will be fully launched soon. This is likely to become an important driving force for the development of the Solana mini-program ecosystem.

If the team continues to support more new ecosystems, Farcaster is expected to become one of the most active social platforms on major mainstream blockchains. We will closely monitor these developments.

What are the recent updates on Farcaster?

Wallet Integration: The wallet of a well-known cryptocurrency trading platform is one of the most popular applications in the industry, and it is undergoing a complete overhaul for the upcoming version 2.0. A major highlight of this update is the native integration of Farcaster features.

This means that users will soon be able to post and trade directly within the wallet using Farcaster. The wallet will provide social dynamics browsing and commenting functions, as well as the search and discovery process for Farcaster mini-programs.

Although this new feature is not yet available to all users, interested users can apply to join the Beta test. Given the platform's wide influence, this integration is expected to significantly increase the number of active users on Farcaster in the coming months.

What are the recent updates from Farcaster?

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AirdropHunter007vip
· 4h ago
Just do it and crush this wave of Airdrop.
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GasFeeSobbervip
· 4h ago
The speed of entering the circle is not as fast as the speed of the airdrop.
View OriginalReply0
BearMarketBuildervip
· 4h ago
Here we go Clip Coupons again fam~
View OriginalReply0
MEVHunterZhangvip
· 4h ago
When is the Airdrop happening?
View OriginalReply0
RugDocScientistvip
· 4h ago
So the code was quickly opened source.
View OriginalReply0
rekt_but_vibingvip
· 4h ago
The hype is clear now, and I can ride the wave.
View OriginalReply0
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