Clanker Gets Acquired, Memes Get Unleashed: GM Farcaster ep303 with @dwr and @dish

29 Seconds of Farcaster ... What did you miss this weekend? What a weekend! If you are new here, I feel bad for you trying to follow along. Give it another few days. I probably should've called this 37 Seconds of Farcaster.... * Yes, 37 is everywhere! I guess it started with @tldr wearing his 37 hat, created by @atown , to Dev Day & several posting it. But then @tryemerge took over and slammed the timeline. Then @martin created $37 coin. And well, now we just have a crazy 37 playpen. And chris dixon thinks new tech starts as a toy before it gets serious! smh (If you are new, 37 is a 'meme' or joke about FC being small and only having 37 users. /gmfarcaster will expain it further today, I'm sure. * Speaking of crazy...Dan went unhinged with his Masters of The Warplet Universe creations to @linda 's horror & @horsefacts.eth delight...but it clearly didn't stop there as @sayangel ran with it creating 'Warplets' last night that are, well, um, ugly cute? They are filling the timeline, and those of us who aren't degens and up at all hours are waiting for a chance to mint ours today. * In the midst of these shenanigans that might /gmfarcaster shenanigans look mild, there were some more based building moments and discussions. Highly recommend reading the reviews from Dev Day in the comments or quoted here: https://farcaster.xyz/dwr/0xa783d484 * Fantastic convo about the wallet led focus of FC...I'll link you to @ted 's comment to start: https://farcaster.xyz/ted/0x08dc9f29 * /gmfarcaster is on at 10 AM EST (special time) for news and catch up and then at 11 AM EST @dwr & @dish will be on to talk all things $CLANKER which, oh yeah, was also a big topic this weekend in the midst of the fun. @adrienne & @nounishprof have their work cut out for them today, but guaranteed to be a banger of a show!

We made him the face of our bot @warpee.eth when @dwr unleashed him. Ask him questions about @gmfarcaster episodes! https://farcaster.xyz/warpee.eth

farcaster guide to warplets: 1) no bright lights (candles are fine) 2) don't get them wet (water makes them put on an eye-patch and pretend they're pirates) 3) do not feed them after midnight (that's where "farcaster eats first" originated)

The countdown is on. 7 days 5 hours 10 minutes until we return to memecoin island for season 4 of CastOut! Add the miniapp today so you don’t miss any of the drama when the competition begins

we added him to our mini app image 11 days ago now i fear we can never take him off https://kondo.fun https://farcaster.xyz/jake/0x05b2917c

Just got my Halloween costume! Does anyone else want one?

Broke: NFTs are dead Bespoke: an NFT collection is pumping traffic on a Sunday night, driving sign ups, and Pro subscriptions. Really makes you think.

Great example of the power of Farcaster developer legos 1. @sayangel builds a mini app that pulls in your FID and pfp and remixes it with the Warplet mascot 2. Charge a small mint fee which burns a Clanker token. 3. Share back in the feed for viral distribution. 4. NFTs show up on OpenSea immediately. 5. The Clanker $WARP benefits from the virality of the meme, the increased eyeballs on the Clanker get people interested in the NFT collection, a floor appears on the NFTs driving more people back into the Farcaster app since you need an FID to mint. Discover. Trade. Create.

one of the funniest nights in a very long time. @linda is going to wake up to discover that freak "warplet universe" characters brought back NFTs

Clanker Update Today, we bought 914 $CLANKER for $121,463 using 2/3 of the clanker protocol fees. This brings our total ownership to 4,122 $CLANKER tokens. https://basescan.org/tx/0x6d302f895822cd3025a9217a2abd4ef9fd7a18a6089d45d88ef79da2c65e7543 https://basescan.org/tx/0xfcc53210d60f6ac9c7bdaa88da0e24ae0b373f9def9c1d2780b268bcd3f0a3fb

you really can’t make this shit up

fwiw, couldn't agree more with dan. sad, but true. 1. i spent most of last year experimenting with URL to IRL and social connection; it doesn't scale OR you need an entire product team focused on it (think 222, rodeo, timeleft, partiful or luma, etc.) and even then it is still a HUGE risk with slow growth. 2. farcaster is mostly crypto users and has crypto primitives (wallet, coins), but the average person doesn't want to hang out on a crypto social network so >half the existing content and exciting features don't make sense to them. this impacts user acquisition and drives churn. 3. rewarding content with $$ is simply not sufficient to attract new users and have them retain at scale; this was immediately obvious after onboarding the journalists or college students and experimenting with the creator rewards. increasing rewards, improving video UX, etc. was never going to change that. 4. my creator/user onboarding was hand-to-hand combat and the common denominator across the most successful onboarded users was the effort or attention dan, linda or i gave to the relationship; again, not scaleable. leaning into the wallet and tokens is the single greatest decision farcaster has made (outside of its permissionless primitives) to support growth and i fully endorse it, even if it isn't the vision i initially signed up for. in fact, i wish the decision to let go of creators / content / connection and instead lean into crypto happened sooner.

THANK YOU!! Much better.

willing to pay 37M $37 to anyone for a 37 hat. i'll pay shipping.

ChatGPT is good at remixing the core template. Up to 16 now.

Holy Moly

here's what @tryemerge just made for me using Hat Stays On by @bbroad, spark yours up now!

My biggest issue with @dwr is that he keeps trying to push his creations of Warplet as our mascot (left) and "his cousin" Moly (right) 🥲

did you know warplet has a cousin who loves mole verde so much they call him moly?

I can’t coin and quote, so relevant casts below

*record scratch* *freeze frame* @geoffgolberg: “Yep, that's me. You're probably wondering how I got here.”

Bopped around Zapper and if I was in a defi degen mood, it’s great! Really good feed of token buys, easy to get a sense of virality in the moment and makes it easy to buy & share. If I’m in a content consumption mood, I don’t think this is the best FC feed. BUT I think I like the idea of different clients for different purposes. This feed feels like a good place to DYOR.

Clanklet

Dev Day Dinner

Clanker Update We just bought ~$65,000 of $CLANKER using 2/3 of the protocol fees generated in the last day. The other 1/3 is being reserved as USDC for tax purposes. Transactions below. The buying process is manual and the schedule will be irregular to start. We will announce buys as soon as we've completed them, and will automate this within a few weeks. https://basescan.org/tx/0x76ccc74fe3e36f4ed7547b54c90dbf869c9812335234501fc36d86af77a868ae https://basescan.org/tx/0xf2967f31a34eb02580c378e6fa6fee066878d5054a83ff1462270ae1a32a924b

abundance mindset

What echo chamber?

Any plans to launch a Farcaster token or still none as of the moment? Are you looking at acquiring any other projects?

Farcaster developer day! 🙌

Another big day tomorrow: Developer Day in NY! We did this last year in LA and it was a big success. Most of the Farcaster team is in New York, where we’ll give a keynote and host a Q&A with several dozen ecosystem developers. As with last year, space is limited, so we couldn’t invite everyone. I’ll hold a remote-friendly AMA later in the day for anyone building on the protocol. Finally: a huge shout out to @linda for organizing!

Clanker Treasury Burn data We will likely also make a Dune dashboard. https://docs.google.com/spreadsheets/d/1c8nVUc_ROqg9xVSRd6yau1ByD-GLJat8wx0S14_4Q7U/edit?usp=sharing

many multisig transactions were signed

Clanker was only possible because of Farcaster. Its wires are deeply rooted in the open social graph and flourishing ecosystem of developers, traders, creators, and community. We’re ecstatic to plant ourselves as a permanent pillar of the Farcaster network and continue to build out the best token deployment framework possible. To the Clanker community, thank you for your unwavering support! The best is yet to come. CLANK CLANK

We’re excited to share that Clanker is joining Farcaster! Clanker is the leading launchpad on Base and home to projects like Bankr, Noice, Bracky and more. We’re thrilled to join forces to make it easier for everyone to create and participate in onchain communities. We plan to integrate Clanker more deeply into the app. More on this soon. We have a few updates for the Clanker ecosystem: 1. Starting today, Clanker protocol fees will be used to buy and hold $CLANKER. 2. Clanker v0 through v3.1 collected a portion of protocol fees in ecosystem tokens into a fee vault. The Clanker team burned these tokens earlier today, reducing the circulating supply of each. 3. The Clanker team has also permanently locked roughly 7% of the $CLANKER supply into a one-sided LP to provide additional liquidity, further reducing circulating supply. FAQ in the next cast.