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Farcaster Ecological New Trends: Unified Branding, Pro Membership, Airdrop Activities, and Multi-Chain Support
The Farcaster ecosystem has recently developed rapidly, launching multiple new initiatives, including Airdrops, new Blockchain support, and feature upgrades. Let's take a look back at some of the important highlights.
Farcaster Brand Unity: As a decentralized social network protocol, Farcaster allows developers to create various social applications based on it. Although there are several clients available on the market, such as Herocast, Litecast, and Super, the most popular remains the flagship application developed by the Farcaster team.
To resolve the naming confusion between Farcaster and its main applications, the development team has decided to unify the mobile and web applications under the name Farcaster. This initiative is expected to simplify the user experience and enhance brand recognition.
It is worth mentioning that the team is considering open-sourcing the application's codebase. This could spawn a number of new experimental Farcaster clients, further enriching the ecosystem.
Pro Membership Plan: Farcaster co-founder recently confirmed that the team is preparing to launch a "Pro" subscription service aimed at advanced users. This membership service, priced at $10 per month, will provide users with more advanced features, such as expanding the character limit to 10,000 and allowing up to 4 images to be uploaded per post.
It is worth noting that all revenue from the subscription system on the chain will be used to support the Farcaster creator reward program. Currently, this program distributes 25,000 USDC weekly to high-quality content creators on the platform.
The co-founder stated: "The protocol needs to find a sustainable long-term revenue source to ensure that it can continuously fund rewards for creators and developers, rather than just relying on a single company. We initially considered using storage fees as a source of rewards, but later realized that in order to promote growth, storage fees should be essentially free."
First Airdrop Event: Earlier this year, Farcaster launched a native wallet for its application, aimed at facilitating user interaction with its thriving mini-program ecosystem. Now, this wallet is gradually becoming a convenient center for Airdrop claims.
Given that Farcaster has a group of active on-chain users, many crypto projects are eager to attract their attention. Therefore, Farcaster has been collaborating with third-party teams to directly Airdrop various tokens to Farcaster wallet users. So far, tokens worth $110,000 have been Airdropped in this manner, and more Airdrop activities will follow in the future.
This cooperation model is beneficial for both parties: the project party can attract high-quality users while also enhancing the appeal of Farcaster. The average amount of the first airdrop was about 10 dollars, providing some initial funds for users' 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, if you plan to participate, it is best to consider holding long-term to increase your chances of receiving airdrops in the future.
Ecosystem Diversification: While a certain well-known public blockchain has always been the most popular Blockchain in the Farcaster project, we are beginning to see an increase in the diversity of the ecosystem. For example, the Celo and Monad testnets have recently been integrated into mini-programs and the Farcaster wallet, and larger-scale integrations are underway.
Farcaster is currently developing a new Solana wallet beta, which will be fully launched soon. This could become an important driving force in the development of the Solana app 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 continue to monitor developments in this area.
Wallet integration of a well-known exchange: As one of the most popular applications and on-chain gateways in the cryptocurrency field, the wallet of a well-known exchange is undergoing a comprehensive reconstruction and will soon launch version 2.0. One of the main highlights of this update is the native integration of the Farcaster feature.
This means that users will soon be able to post and trade directly within the wallet using Farcaster. The wallet will include social dynamics for browsing and commenting, as well as search and discovery features for Farcaster mini-programs.
Although this new version is not yet open to all users, those interested can join the Beta testing. If the application is successful, users will receive an invitation link.
Considering the extensive influence of the exchange, this integration is expected to significantly increase the number of active users of Farcaster in the coming months.