farcaster

Farcaster co-founder Dan Romero announced that the platform will undergo a major strategic adjustment, abandoning the "social-first" approach to finding product-market fit that has been in place for over four years, and shifting to a wallet-centric growth model. The team stated that the recently rapidly growing in-app wallet feature is currently the module closest to product-market fit, and they will adopt the approach of "using the tool (wallet) first, then building the network (protocol)" to drive users to complete conversions on the wallet side and become active users of the protocol.Romero emphasized that the Farcaster protocol remains open and decentralized, but the official application will focus on expanding capabilities at the intersection of wallets and social features in the future. Additionally, Farcaster has previously acquired the token issuance platform Clanker to strengthen its related product layout.

Farcaster founder Dan Romero announced that the first Clanker presale will take place this week.Start time: Thursday at 9:30 AM Pacific Time (1:30 AM Beijing Time on Friday)Presale period: 7 days; all users participating in the presale will enjoy the same conditionsTrading launch: Clanker will officially go live for trading 24 hours after the presale endsThe project and team will be introduced through multiple channels, and the presale operation will be continuously optimized in the future.

Decentralized social protocol Farcaster co-founder Dan Romero stated that the Farcaster wallet and its meme coin issuance platform Clanker will support the Monad network on the same day as the Monad mainnet launch.

ChainCatcher news, according to GMGN market data, CLANKER's market capitalization has surpassed 36 million USD, currently reported at 36.62 million USD, with a 24-hour increase of 48.7%. Previously reported, CLANKER will join the Farcaster ecosystem, and the protocol fees will be used to buy back CLANKER tokens.

ChainCatcher news, according to official sources, the decentralized social protocol Farcaster has announced new support for BNB Chain, allowing users to exchange tokens, transfer funds, and view popular tokens.

ChainCatcher message, Ethereum co-founder Vitalik Buterin posted a graffiti image of a German street on Farcaster with the caption, "Fuk bitcoins. Das ist unser Krieg."

ChainCatcher message, Degen posted on platform X stating that if developers are developing mini-programs for Farcaster, they will find that DEGEN has become the default token. This choice was made because DEGEN is more appealing to community users compared to USDC or WETH.In addition, Degen also disclosed that last year it airdropped DEGEN tokens worth over 100 million dollars to Farcaster users and will continue to expand support in the future.

ChainCatcher news, Dan Romero, co-founder of the decentralized social protocol Farcaster, announced that Farcaster Pro will airdrop limited edition NFTs to the first 10,000 professional subscribers next week. The NFTs will appear in users' Farcaster app wallets, and users can send them to other wallets. Additionally, three professional subscription benefits expected to launch during the week of June 16 include: 10K character content publishing, 4 embedding features (including images, videos, URLs, CA, and mini-apps), and a new profile banner image feature. The professional subscription contract on Base is still being finalized, which will support USDC payments, allowing users to subscribe monthly or annually without permission. The FIP has been delayed until Monday.

According to GMGN market information, the market cap of the Farcaster ecosystem project Noice briefly surpassed 15 million USD, currently reported at 14.7 million USD, reaching a historical high with a 24-hour increase of 52.84%.It is reported that Noice is a Mini App built into the Farcaster client, combining product forms from several previously validated social products such as Degen, time.fun, and Frien.Tech. ChainCatcher reminds users that new projects carry significant uncertainty, and users should invest cautiously.

According to GMGN market information, the Farcaster ecological project Noice has a market capitalization exceeding 10 million USD, currently reported at 10.09 million USD, with a 24-hour increase of 102%.It is reported that Noice is a Mini App built into the Farcaster client, combining product forms from several previously validated social products such as Degen, time.fun, and Frien.Tech.ChainCatcher reminds users that new projects carry significant uncertainty, and users should invest with caution.

ChainCatcher news, the decentralized social protocol Farcaster tweeted that it has added support for Solana. User wallets and Mini Apps can interact with Solana and can exchange any Solana tokens instantly across chains.The official statement indicates that users who deposit 10 USD worth of SOL can increase their chances of participating in future airdrops from the Solana team.

ChainCatcher news, Farcaster co-founder Varun Srinivasan stated on Warpcast that one of the front-end applications of the decentralized social network Farcaster, Warpcast, will be renamed to Farcaster.Specific changes include: the mobile application will be renamed accordingly; the classic Arch logo will be reactivated; the official website domain will migrate from warpcast.com to farcaster.xyz; all old links will remain backward compatible, and users will not need to take any action.

ChainCatcher message, Farcaster founder Dan Romero tweeted that Warpcast has added an integrated web wallet component. This component does not require the installation of a wallet extension, is directly integrated into the web application, and supports docking and minimizing in the sidebar.

ChainCatcher news, Farcaster founder Dan Romero posted on social media that Farcaster will collaborate with developers/projects that wish to provide airdrops to users. After users join and perform the required actions (using the framework, participating in channels, etc.), they can establish a good user reputation to receive airdrops in the future. Ultimately, developers can decide the target users (the data is permissionless). The first airdrop will take place next week.Dan Romero added that it should be made clear that the airdrop comes from the framework built by ecosystem developers (not Farcaster).

ChainCatcher news, Farcaster co-founder Dan Romero tweeted a prediction about crypto asset reserves: the government will only retain seized assets and will not make new purchases; Bitcoin will account for 80% of the reserves. XRP and ADA may be included in the reserves through physical tax payments or similar donations.

ChainCatcher news, Bountycaster founder Linda Xie announced that she and her co-founder Daniel Pyrathon have joined the Farcaster team, focusing on the development of the Warpcast wallet, Frame V2, Coinbase wallet distribution, and more in the future. Linda Xie also stated that she will continue to utilize her personal time to develop Bountycaster.Previously, Linda Xie served as co-founder of Scalar Capital and product manager at Coinbase.