GM Farcaster ep270 Friday July 25, 2025 with @toadyhawk @betrmint

500 points

Tomorrow is the first day of NEONCHAIN Summer on @betrmint, and also the beginning of a fun new collaboration with @degentokenbase! We received a generous grant of 1M $DEGEN from @jacek to support Farcaster-native artists during this 10 week celebration, and in return we’ve given the Neon Flywheel a proper Top Hat makeover. 🎩 To spin tomorrow and collect the very first NEONCHAIN Summer drop by @empresstrash, you’ll need at least about 800 $DEGEN (instead of the usual 0.0008 ETH) in your wallet. But that’s not all! Rather than plugging in a simple swap-and-spin integration, which would put unnecessary sell pressure on the $DEGEN token during our NEONCHAIN rounds, @netnose and I have instead designed and implemented a novel custom set of contracts, in which we collect your $DEGEN before the spin and pay the ETH mint cost for you, while reserving the collected $DEGEN to be used in a future BETRMINT prize pool. This way, the tokens will always be distributed evenly to our community rather than market sold. It’s a little bit complicated, but it’s also a lot bit dope and I’m excited to see it in action! To prepare for tomorrow, make sure you have enough $DEGEN in your spinning wallet, plus a little bit of ETH for gas, and remember… keep on spinning and the hat stays on. ☸️🎩

We've got an exciting Farcaster AMA with @barmstrong, the cofounder and CEO of Coinbase, coming up on Mon, Aug 4th at 10:15am PT You can use this @eventsxyz link to add to your calendar as a reminder! https://events.xyz/events/736ef0

bonus @betrmint round! Jump in for a rare and special Thursday Spin Day to collect “jessexbt promo” on @zora by @bvdaniel, and win up to 100x back in $BETR and their trending project token, $a0x! GLHF 🫡 https://betrmint.fun/mint-spin-win/jessexbt-promo-a0x

Farcaster app should be more stable now! Ran into some database issues last night and we've fixed 95% of it. A few more loose ends to clean up and we should be back in good shape. Farcaster protocol remains unaffected, all other clients were able to read and write to the protocol just fine during the incident.

Celebrate 10 years of Ethereum, in your city. The ecosystem is hosting 100+ events across the globe to welcome a new decade of Ethereum. Find an event in your region → https://ethereum.org/10years/

We’re excited to announce that we've raised $30 million in Series A funding, led by Forerunner, with participation from NEA, Y Combinator, Burst Capital, Prelude, and ParaFi. Thanks to our team, users, and investors for believing in our vision. This is just the beginning! Preorder our mobile app: https://link.courtyard.io/fc

The Studio Slowcore team is excited to introduce the new Gift Economics channel: a Farcaster-native small-scale gift economics lab and roundtable. Stewarded and moderated by Danica Swanson, @trigs.eth, and @y0b, the channel was kindly gifted to us by @ted. We plan to host thoughtful deep-dive conversations that cater to long-form readers and systems thinkers. In particular, the channel will encourage open and earnest discussions about structural factors that influence how writers, artists, and other creative professionals are (and aren't) paid. There's a lot of secrecy about compensation in the arts, for all kinds of reasons. Our stewards help facilitate more clarity about where things stand. Gift Economics Channel FAQ Q: What is a gift economy? In its simplest form, a gift economy is an "arrangement for the transfer of goods or services without an agreed method of quid pro quo."* Q: Who's behind Studio Slowcore? - Danica Swanson (founder, co-steward, channel owner, word-slinger-in-chief) - @trigs.eth (co-steward, channel mod, wordsmith, community call host) - @y0b (co-steward, channel mod, wordsmith, gift economics consultant) All of us also have other professional commitments. Our intention for phase one of our launch is to experiment with hybrid gift + market economic models to sustain our two channels (/gift-economics and /slowcore-hq) long-term — without tokenizing our community and turning it into the product. If we succeed, we will shift more of our time and attention to Studio Slowcore matters. Q: Why is the studio launching exclusively on Farcaster? The simplest answer: we decided to build what we wanted to see in the world, and we believe Farcaster is the best place to do that. The slightly longer answer: it's Farcaster all the way down for us. The seeds of our studio were sown when the Farcaster community seized on the concept of "slowcore" and turned it into a movement. Since then, everything that led up to our launch has been deeply influenced by Farcaster and its unique social economy. Every studio contributor is an active daily user of the purple app who cares about its future. Creative people have gifts, and we believe those gifts come with a responsibility to use them well. Toward that end, we need structures that facilitate the giving of gifts (and routing them to the right places) instead of defaulting to extractive economic patterns. We think Farcaster's social economy is the right place to build such structures, since it's already a type of hybrid gift + market economy of the sort we've never seen anywhere else. We also prefer to keep the studio small. We don't need (or even want) to chase maximum reach; it would only add a tax on our valuable time and attention. We may write an even longer deep-dive answer to this question in phase two of our launch. Q: Why are you starting with channels? We think channels are directionally correct as cozy corners (not hashtags), and can work well for our invite-only communities if they're well-stewarded. A new form factor may be needed if channels are to thrive long-term, but in the meantime we'll give it our best as co-stewards. It helps that we use @cura for channel maintenance! Q: How does the Gift Economics channel work? Anyone can follow the channel. Membership is invite-only. We don't have an application process; our mods send out invites at their discretion. The best way to increase your chances of an invite is to respond thoughtfully and kindly to casts in the channel, and make it clear (through your behavior) that you've read the rules. Read more in our channel guidelines. Q: I'd like to learn more about gift economics. Where should I start? We're working on a reading list! In the meantime you could start with "Sacred Economics" by Charles Eisenstein, which is available in full online. Q: Why aren't you launching a token? The short answer: we're starting with gift economics experiments, so we don't need one. The longer answer: we want to help build a social economy that can sustain creative people long-term. We think the overwhelming majority of the "creator economy" in crypto as it stands (what @abundance has called the "Tokenized Attention Creator Economy") is failing to meaningfully deliver on the value prop of rewarding creative people appropriately for their work. Tokenizing in exchange value terms risks reducing the gift value of our communities. Our thesis is that economic models to sustain long-term creative work and community-building begin (but do not end) with gift culture. The standard ways of monetizing creative work extract gift value, convert it into profit, and route the lion's share of it away from creative people. We want to go in the other direction: restore and preserve gift value flows, return more value to those who actually create it, and convert profit into gift. It's a challenging systems design problem! But if there's anywhere it can be done, it's on Farcaster. Q: How can I help with the gift economy experiment? Consider following and contributing to our roundtable discussions in the comments on our casts in the channel, or just talk about gift economics on Farcaster in general. Gifts of crypto sent to the studio's multisig (slowcore.eth) will be gratefully accepted. We will route them toward retro-rewards for the gift labor done to bootstrap our channels. Gifts can also help free up more time for us to steward the channels responsibly in the future. Please do not gift any funds that are needed for your own support. We'd also love to see more Farcasters start their own gift circles and micro-gift-economy experiments. NOTE: We will NOT be launching a coin. Not for our studio. Not for ourselves as individuals. Not for our channels. *(Thanks to ServiceSpace for the gift economy definition).

🚨 THE FIRKIN IS FINALLY OPEN 🚨 The wait is over. The barrels are unlocked. The attention flywheel begins now. Head to 👉 www.wtfirkin.com Bid. Back. Build. The $WTF? ecosystem is live and launching. Be early. Be firkin smart.

introducing tbd: a new way to explore and trade @baseapp.base.eth coins ⭐ find alfa by seeing all new @baseapp coin launches instantly ⭐ swap directly from our UX for fast + easy trading ⭐ pro-level filters tightly integrated with farcaster social graph live now👇

personal update: made the tough decision to leave farcaster. grateful to work alongside such a bar-raising team on what i believe is mission critical for the future — decentralized social. forever a fan! can't wait to roll up my sleeves and dig into what's next. but first, a week to soak up the sun. more soon :)

personal update: made the tough decision to leave farcaster. grateful to work alongside such a bar-raising team on what i believe is mission critical for the future — decentralized social. forever a fan! can't wait to roll up my sleeves and dig into what's next. but first, a week to soak up the sun. more soon :)

Hello Neon fans! I'm warming up the engines and checking all circuits. The PFP Neonifying Marathon is about to begin! For several hours, I’ll be your personal PFP neonizer bot. All you need to do is donate at least $1 to the NEONCHAIN Summer Crowdfund, and cast this message in /betr: “I want to get neonified by ChronBot 3000 to celebrate NEONCHAIN Summer on @betrmint!” This command will trigger the process. I’ll deliver your neonified PFPs to the channel on a first-come, first-served basis. No AI images, just pure TouchDesigner magic, built with procedures I've been crafting for months in my signature styles, like the artworks below: https://crowdfund.seedclub.com/c/cmddje83b077nu00tc4a1pjxo

the main takeaway for me on *collectibles* is that the farcaster community really knows how to turn simple composable crypto ux into delightful creative marketplaces

Hi Casters. I've been enjoying the collecting game that the Farcaster team launched this week. Engaging on casts can be and should be more than a like, recast or reply. I have long believed that "mint is the new like" and also the path to monetization for consumer crypto. So I'm very enthusiastic about this experiment.

Join us tomorrow for episode 1 of NEONCHAIN Summer Sessions, a special livestream event to celebrate the kick off of our 2 month celebration of art on @base and Farcaster! 11AM PST / 2PM EST over on the @betrmint X account. @burrrrrberry and I from team $BETR will be joined by @empresstrash, our first featured artist, as well as some of our amazing partners and sponsors such as @matthewfox from @clankermon.eth, @rskagy.eth from @thecreators, Kong from @joincreatordao and @locoblock.eth from @blueprint. RSVP using the LUMA below! 🦋 LUMA: https://lu.ma/00053v7h X: https://x.com/betrmint

Who wants to play Aptos Poker? ♣️ ♥️ ♠️ ♦️ GM Farcaster is partnering with @aptos for a 4 game tournament starting next week. We'll be streaming the games on the GM Farcaster network with a $200 usdc prize for the first 3 games and $400 usdc for the final championship table. If you want to play... 1) follow @aptos (and @gmfarcaster while you're at it) 2) join /aptosclub channel 3) fill out this quick form so we know when you're available to play: https://gmfarcaster.deform.cc/aptospoker We'll drop players into a group chat on Farcaster to coodinate. Even if you're not available to play, come watch and cheer on your favorite players! We'll be streaming Tuesday and Thursday -- more info to come!

Trending Notifications Don't miss out on Farcaster alpha. Trending notifications keep you up-to-date with what your friends are doing onchain. Notifications are triggered when many people you follow buy the same asset within a few hours. You can enable or disable these notifications in Settings > Notifications > Trending onchain

i have been airdropped $25 for posting on @baseapp this week 🎉 the reward tiers are different to farcaster + there isnt a real-time weekly leaderboard instead there’s an all time leaderboard in the “earn” section! did anyone else earn on base app this week?

Thank you @yes2crypto.eth and everyone else who bid! You are welcome to DM us anything specific you want us to shout out, otherwise you're just going to have to listen to @nounishprof and @adrienne talk about how much they love you

@pugson is the top bidder so far call him p biddy

Simps R Us: Mini app showing Collectibles activity Check you or your fav reply guy’s simp level! See the most popular creators! Do head to head match-ups to see who’s the bigger simp! https://simps.kasra.codes

the collector of this cast wins 100 custom coins or keychains created by WizardPins.com

"the @betrmint neon flywheel rewards players for supporting onchain creators" last week, I had an amazing video chat with @sonyasupposedly about what @netnose and I are building with $BETR and BETRMINT, and today she dropped this article based on that talk and her ensuing research, both on the official @splits blog and onchain on @paragraph. when I say that this is one of the most thorough and well-written articles I've EVER seen in this space, it's not just biased flattery. Sonya has an incredible ability to cut through the noise and amplify the signal, explaining culture, tokenomics, and game mechanics all in a way that anyone could understand on first pass. i feel very grateful that she took the time to research and write this piece about our mini app and community, and I will definitely be pointing people to it for months to come as the best place to get started on learning about our little neon universe. oh and btw, this Article Coin (Paragraph turns all content into coins now also) will be featured in our upcoming BETRMINT round in 2.5H, so be sure to come through and collect to support, spin & win! https://paragraph.com/@weekinfarcaster/betrmint-flywheel-onchain-creators

Timeline today: 1. The earliest collectible auctions will start settling around noon ET (an hour and a half from now) unless they are extended. New bids in the final 15 minutes extend another 15 minutes. Reload your wallets and prepare your thumbs. 2. No need to claim, we'll settle completed auctions. On settlement, the cast is minted to your Farcaster wallet as an ERC721. It's fully transferrable. 3. Working on rendering the same nice image artifact we have in the app across wallets and secondary marketplaces. For today you'll see a placeholder image and cast metadata like the text, author, and timestamp. We'll "reveal" soon. 4. We've set an optional 0.5% creator fee on OpenSea that goes to the same wallet as protocol fees from the auction. Auction and secondary fees will both go to creator and developer rewards. For those interested, here's the NFT contract on BaseScan and source on Github: https://basescan.org/address/0xc011ec7ca575d4f0a2eda595107ab104c7af7a09 https://github.com/farcasterxyz/collectible-casts/blob/main/src/CollectibleCasts.sol

Announcing: Collectible Fractionalization! You can now fractionalize any Farcaster collectible into tradeable ERC20 tokens After winning a collectible auction, you can split your NFT into fractional shares. The NFT goes into a vault on Base, and you get ERC20 tokens representing ownership pieces that anyone can buy and trade Why this matters: - Expensive collectibles become accessible to everyone - Creates liquid markets for cast ownership - Cast authors earn 2.5% on all fractional trades - Communities can collectively own iconic moments How it works: Split your collectible into 1K-100K tokens. Fractional owners get voting rights. Token holders can team up to "reunify" and claim the original NFT back All standard ERC20s on Base—works with any DEX or DeFi protocol Check out the demo here: https://youtu.be/dQw4w9WgXcQ

How much is 1 hour of my time worth? Whoever wins the bid for this cast will get a 1 hour call with me to discuss anything they want Happy to give feedback, test a mini app, give advice, share my perspective or whatever else you may want to chat about!

🚨 BETR FOLD Poker tournament 🚨 Registration is open now! (Set an alarm to come back tomorrow) Where? Clubgg poker, club ID: 764748 clubgg.app.link/8KhzJYYdQUb When? Tomorrow, 12:00pm EST Late registration? Until 12:30pm EST Who? Everyone! Prizes: Anyone who is in the top 50 of the BETR Karma leaderboard is eligible to win DOUBLE the prizes! 🏅- 6.9m $BETR 🥉- 4.2m $BETR 🥈- 3.0m $BETR 🚨 INTRODUCING THE NEW AND IMPROVED BETR last longer: - Be the last one standing from the BETR BELIEVERS chat WHO DOESNT PLACE IN THE MONEY and win 2m $BETR Who's better than @toadyhawk.eth and @netnose? I'll wait.