GM Farcaster ep250 Tuesday May 27, 2025

GM Farcaster · Episode 250 · May 27, 2025

Featured Casts

Casts featured on this episode. Click through to view on Farcaster.

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kylepatrick.eth
@kylepatrick.eth

Y’all are getting sure best emails? I paid 5$ to be on Farcaster We are not the same

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horsefacts.eth
@horsefacts.eth

live look at the line outside the Venice Blvd. Farcaster Store. looks like at least 50 people so far.

Embed from @horsefacts.eth
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rish
@rish

Dan onboarded @manan with the same “sure. best email?” thing Manan just sent me the .dmg immediately, apparently he wasn’t supposed to We then onboarded members of @baseapp.base.eth team (@zconn.eth), which we also weren’t supposed to lol Dan then did a video call with the whole team, this was in 2021 We tried to get coinbase to build on Farcaster in 2022, didn’t work So we left and started building on Farcaster ourselves with @neynar @base.base.eth realized in 2024 what was up and started building on Farcaster using Neynar Still early

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nounishprof
@nounishprof

proof of @dwr.eth — with a cameo appearance by @sidenoun (btw 👏 on the subtle engagement farming @smokingfrog.eth lol)

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phil
@phil

What if the right way to think about project coins isn't as equity but as bonds? Obviously the infrastructure needs to exist, but I haven't seen anyone talking about this analogy. Equity investors are loathe to dilute ownership, but perhaps this is the right path forward for projects that raise $ via tokens. https://www.reuters.com/technology/telegram-secures-330-million-bond-sales-2024-03-18/

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dwr
@dwr

Looking for input Assume we want to simplify channels to make them: 1. Fully decentralized, zero Farcaster app dependencies 2. Allow other clients to extend them 3. No cost to create them Which option is most appealing? A) Hashtag approach — channels are open to everyone, channel pages look less like profiles and instead are a simple feed of casts. There’s no moderation — the feed is unique to each viewer based on their own social graph and maybe a user-controlled setting around filtering. B) Niche interest approach — Channels are open to everyone and narrowcast only, ie you get no distribution boost. But allows you to cast in a channel knowing only people interested in that topic will see it. Assume in both cases membership and moderation in the main Farcaster app would go away. PYou’d be free to use a channel focused client for more community features. This is not an imminent change, more gathering input for what matters to people who still use channels.

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octant
@octant

icymi, it’s Farcaster Spring RPGF szn ! 🌀 BUT... Apps close 30 May, 12pm EDT! ⛔ - don't sleep on it! If your project has made a meaningful impact on Farcaster, now’s the time to shine. To apply: 👉 Post in the /octant channel 👉 Include #farcasterrpgfspring2025 ❗One nomination per person 👀 LFGrowww! 💥

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peter
@peter

we did it Farcaster, we're finally having the same arguments Crypto Twitter has 😂

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garrett
@garrett

We shouldn’t get made at people experimenting with tokens We must take tokens off the pedestal They’re not all the same and just because people have interacted eitj tokens in certain way in the past doesn’t mean that’s the way that everyone will interact with tokens in the future Just because we coin something doesn’t inherently give it any additional value, it merely gives it the ability to be valued

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dwr
@dwr

The fundamental problem to solve for with personal tokens / creator coins / etc. is the psychological effect of a significant price decline. 1. Most people are not equipped to manage a liquid, global, 24/7 traded asset. 2. Current norms are that if someone buys an asset, they expect the person / team / organization behind that asset are incentivized long-term to make that asset more valuable. 3. When there's a significant price decline, many / most creators will be overwhelmed by the hole they now need to dig themselves out of. Layer on a bunch of angry, pseudonymous people screaming at them on the internet. 4. Additionally, what happens when you want to stop creating? Like Outdoor Boys recently did. Contrast to a publicly traded company where the founder retires—the value still continues to accrue. Possible ways to change this 1. Invent a new asset that's time bound. Closer to a prediction market or an option. "I'm speculating on X during period Y." 2. Change norms / culture -- this is super slow.

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dwr
@dwr

Latest on Farcaster Pro 1. Launches tomorrow Tuesday May 27 after 1pm Pacific. In-app notification. 2. First 10,000 subscribers will receive an NFT at a later date. It's the same NFT for everyone. One subscription per FID. You must use the Farcaster mobile app to subscribe. USDC or warps—one or the other, no combinations. 3. There are no other benefits to the NFT; it's a benefit of Farcaster Pro. If you end up buying an NFT on the secondary market, there's no secret benefit. 4. If you have any hesitations about Farcaster Pro — $120 annually, only Day 1 feature is a badge and NFT—then *do not* subscribe. There are no refunds. We'd like to add 10K character casts and up to 4 images in the near future, but you should only subscribe tomorrow if you're excited about it. 5. It's one price globally. The goal here is to maximize revenue for the protocol—and 100% of revenue will go to creator and developer rewards. 6. It's optional. No benefit to reach, visibility or rewards. You don't have to subscribe.

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m00npapi.eth
@m00npapi.eth

content coins girly pop edition babes, picture Content Coins like the sparkly charm bracelet every scene queen rocked on MySpace every hottie-with-a-hobby gets one omg-so-iconic token—think of it as their personal “Hit Me Baby One More Time” single. All their pics, vids, and spicy takes get quoted in that coin. 💿 Smashing that 💖 button? It’s not just likes—your wallet slips a lil’ bit of the creator’s coin their way. A teeny glam-tax skims off the top and lands in the creator’s “thank-u-next” stash, which they can flip for their big-girl Creator Coin cash. Cha-ching! 🤑 • Fans buying to like • Creators cashing out • Traders chasing the hype That’s three flawless ways their coin keeps popping off—more volume than a crimped-hair comeback. 💁‍♀️ Provenance is hot 🥵 but I guess we forgot that 🙂‍↔️ Folks keep dodging Base like it’s last season’s Juicy tracksuit—and have only been proved right.

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bertwurst.eth
@bertwurst.eth

The meta is meat. Pls invite me next time @dwr.eth @awedjob @degenveteran.eth @galazio @stevedv.eth Sorry Assistant #2. (vegan)

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mazmhussain
@mazmhussain

Explaining to my wife that I will be setting aside money to buy Farcaster Pro

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phil
@phil

do not recommend becoming main character for a day back to building

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jacy
@jacy

Back in my day, RUGGED meant one of the founders died during the mint, was resuscitated via miracle, and died again the following night.

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burr.eth
@burr.eth

Back in my day, RUGGED meant the dev deleted all the socials, one clipped the chart, and left this love note in place of the website.

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nounishprof
@nounishprof

Ok you degens — he upped the number to 10k like a proper nft collection cuz you crazy

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priyanka
@priyanka

👏🏽play 👏🏽with 👏🏽only 👏🏽what 👏🏽you 👏🏽can 👏🏽afford 👏🏽to 👏🏽lose

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jasonkim.eth
@jasonkim.eth

Quick retro on today's first @precoin -> coin launch. This didn't really go amazing and I apologize - we're making a lot of changes to refine the idea: 1. We built precoin because we wanted a tool/way for people to speculate on someone launching a coin before it launches 2. Pre_phil started because we saw on the timeline that phil was gonna launch a clanker (phil has no affiliation precoin is permissionless) 3. People put money (with my cofounder boro having a $45K stake/ the largest on farcaster) into pre_phil to get access to $w (phil's launch) 4. Precoin worked as designed and our system automatically bought $w as soon as it launched (4th block, 7 seconds post launch) 5. However we were the 13th transaction and it got sniped 12 times before we market bought 👇

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dwr
@dwr

PSA Farcaster Pro will launch on Tuesday. There will be a limited edition NFT for the 1,000 subscribers.

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nounishprof
@nounishprof

Oh this is fun!!! Needed this for /castout! ⚔️ Destroyed 6 faces in Facebreaker! Total Score: 69 Victims: @awedjob (16 pts) @degenveteran.eth (9 pts) @keccers.eth (9 pts) @burrrrrberry (9 pts) @bradq (7 pts) @humpty.eth (7 pts) Can you break more? 🔥 Play now:

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