GM Collateral Damage and The Base App Reckoning: GM Farcaster ep376

GM Farcaster · Episode 376 · July 16, 2026

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katkartel.eth
@katkartel.eth

I personally don’t agree with his take on betting on the social aspects being wrong. Betting on HIS interpretation of what that social should look like was wrong. Last base camp had so many “influencers” running around to make curated/scripted content, yet the real stuff worth capturing was the beautiful engagement @ceej had there, or the whole group of degens getting stranded at the top of a mountain and hiking down together, plus all the hours long fireside chats and debates, etc. Community will always be something I bet on, it’s the missing piece.

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luciano
@luciano

I don’t think Zora has to die for onchain art to thrive and I don’t think Gitcoin has to die for onchain public goods funding to thrive But i do think both companies choosing to ignore the shared mission that coalesced real human beings to support these two initiatives is exactly why both are unable to represent either movement moving forward

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alaskanmagpie
@alaskanmagpie

GM @farcaster, putting together the launch campaign for my upcoming token launch. PUTTING OUT THE CALL FOR collab/partnership prizing. I'd love to show off YOUR project in the great Cart Hunt as well. Anybody up for finding Loot Caches with your mercenary crew, across the galaxy? Some have ingame prizing, some have limited edition Fable Boy skins, some have prizing directly from other sponsors. You never know what you'll find, and it's always free to play! @azflin @ripsapp @betrmint @patryk @cryptopia-cc @pixybase @plinksapp @yerbearserker courtesy ping - would love to work with any of you and any builders on Farcaster!

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wake
@wake

nothing. that game isn't worth playing. farcaster needs to be a fair, open, optionally private, and decentralized (to the extent that it is censorship resistant and credibly neutral). build that, seed it with a handful of true believers, then /wait/ for the global context to change. it will. patience. appealing to opportunists, gamblers, and armchair-builders won't work; they're boring, cavalier, contribute nothing lasting... the opposite of what we need for real evolution. don't exclude them. but don't lure them back. allow them to return because what we offer, eventually, is better in a lasting, meaningful way, than what they've taken for granted. not a certainty. farcaster will likely fail, even if we allow the right path to unfold and follow it. but it's worth building the right thing, if only to prove that corpo social is the last branch of a dead tree.

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nounishprof
@nounishprof

A surprise for @yes2crypto.eth GM Farcaster’s number 1 @hypersub supporter: you now have the power to curate and suggest casts for the show! Just tag @warpee.eth with the word “curate” or the 👀 emoji to alert us to an interesting cast! Only available to @yes2crypto.eth for now. Coming soon to our other hypersub supporters—more info on tomorrow’s show!

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atown
@atown

Hello everyone! We have taken @tryemerge out of maintenance mode there are still some known bugs like notifications not routing you to the right place in the app and our agent not being up and running yet but would love for you guys to start using it again and feeding me issues you are facing so we can prioritize them thank you to @nounishprof and @adrienne for choosing us for the @clanker grant so that we could get the app back up and running

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kenny
@kenny

"we made the right bet on builders, but obviously the wrong bet on social" as someone who still believes social crypto, this hurts Zora was not a social app, it was a gambling app with a social layer tacked on one experiment is not enough to dismiss the category https://x.com/jessepollak/status/2077427261586997745

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mintedmerch
@mintedmerch

🏆 DESIGN STUDIO CONTEST WINNERS 🏆 We're excited to announce the winners of the first ever Minted Merch Design Studio Contest! 🥇 1st Place: @eduardmsmr 🥈 2nd Place: @je11yf15h 🥉 3rd Place: @taliskye Congratulations and a huge thank you to everyone who participated. The creativity, effort, and passion behind these submissions exceeded our expectations and helped make this contest a success! Prize Breakdown: 1st Place • $200 in $mintedmerch • Design featured in the Minted Merch shop • 5M $mintedmerch for every item sold during the limited drop 2nd Place • $125 in $mintedmerch 3rd Place • $75 in $mintedmerch All 3 winning designers will receive a free piece of merch featuring their winning design. 🔥 LIMITED DROP LIVE NOW 🔥 The 1st place design by @eduardmsmr is now available in the Minted Merch mini app for a special limited release! ⏳ Available for 48 hours OR until 37 units are sold - whichever comes first. Every item purchased during this limited drop earns the winning artist an additional 5M $mintedmerch, so grab yours while supplies last and support the creator. Grab this Limited Edition T-Shirt before it’s gone 👇 https://app.mintedmerch.shop/design/cca606e1-426b-4301-84ed-6c3103de7fbb?dropShare=1

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10xchris.eth
@10xchris.eth

👏👏👏 gud ad tech @adrienne @nounishprof @gmfarcaster

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adrienne
@adrienne

Grow your own lettuce easiest way to avoid the diarrhea causing bacteria outbreak of the summer of 2026

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farcaster
@farcaster

FAQ - FIP: Channels on Snapchain #276 (you had a lot of good questions, so yes, this is long) > Does this FIP change how channels work or add new features? No. This FIP simply moves channels onto the protocol. For the general user, everything works the way it does today, the difference is any client can read and write channel data, not just the Farcaster client. New capabilities like moderation tools, posting permissions, gating, and financialization tools will come either as follow-up FIPs or as client-level experiments. > I own a channel today. What would I need to do if this change is made? Nothing. Your channel, members, mods, followers, and pins all carry over automatically. You won't need to do anything until your first renewal comes up after this ships. We are also exploring ways to subsidize the renewal fee for channels that meaningfully contribute to the network. > Which chain will this live on, Base or ETH L1? Undecided. Farcaster nodes already read events from Ethereum, Optimism, and Base, and the name-registry contracts work the same on both chains. --Base ----For: it's the cheaper, already-proven path. Farcaster already processes paid onchain events from Base (Farcaster Pro purchases work this way), so channel registrations would follow an existing pattern rather than a new one. And gas on Base costs almost nothing, so what you pay is the registration fee and not much else. ----Against: Base is run by Coinbase. For a naming system meant to last, some feel a single company's chain isn't a neutral enough home. --ETH L1 ----For: the most neutral ground available — no single company controls Ethereum mainnet, and it has the strongest track record of simply continuing to exist. Names registered there would live under ENS, the same system Ethereum names have used for years. ----Against: gas costs more. Though for a transaction you make once a year, the extra dollars matter less than they would on an everyday action. > What is the fee for? Why $25? The fee exists to make squatting expensive without pricing out builders. And it's explicitly not final, the amount and renewal term are open questions in the FIP. The $25 amount is not new, it is inherited from the original launch of Channels. > Was the old $25/yr ever actually enforced? No. It was written in the docs that the $25 would be renewed annually, but the renewals were never enforced. > Can pricing change after launch? Yes, we can absolutely update pricing and add some functionality that makes pricing adaptive in the future. Price is USD-pegged, converted to ETH at payment time via Chainlink, so the mechanism already supports changing the dollar figure. > Do existing channels have to pay now? No. Active channels are grandfathered in automatically (ownership, members, mods, followers, and pins all carry over). Owners won't pay anything until their first grandfathered term ends. Inactive and abandoned channels won't be migrated, which frees those names back up for people who'll actually use them. Activity criteria TBD. > How often do I renew? We think once per year is right, and you'll be able to prepay multiple years at once. Renewal term length is an open question in the FIP. > Where do the registration/renewal fees go? To the Protocol Treasury, which is used to make the protocol's growth self-sustaining. > Are the channel NFTs (ownership) transferable? Yes. Standard ERC-721 transfer; nodes ingest the Transfer event and ownership re-resolves to whichever FID has the new owner address verified. > How long do migrated legacy channels get registered for? We think one year is right, but this is an open question in the FIP. > What happens when a channel expires? If a channel expires, it enters into a 90-day grace period where the owner can still renew or transfer the NFT to a new owner who wishes to renew, name isn't released, casting continues, but mod/admin tools are frozen. After the grace period the name returns to the pool, and any user can trigger an auction to claim it. The new owner of the NFT inherits all the channel's elements — members, history, and pins attach to the channel_id — and the name which resolves to the channel. We can make it clear in the client that the channel has changed ownership so users can decide if they want to still be a member. > What happens to moderation rights when ownership transfers? The new owner gets all owner powers immediately (only owners appoint/remove moderators), and the existing moderator roster carries over until the new owner makes a change. > How do moderation and posting permissions work on protocol generally? - owner appoints/removes moderators (max 10); owner can't be banned - owner + mods: add/remove members, ban/unban, pin (one pin per channel, new replaces old), hide/unhide casts - ban always supersedes a membership add - membership_mode OPEN (self-join valid) or APPROVAL (self-join rejected) - casting is never gated at the protocol level — casting_mode (EVERYONE / MEMBERS_ONLY / RECOMMENDED) is advisory metadata that clients enforce, deliberately, to avoid cross-shard reads - cast hiding (ChannelModerate) is also advisory to clients > How will channels generate value for owners instead of just costing money (rev share, tokens, monetization)? No change. This FIP deliberately only mirrors existing functionality in a more decentralized way. Migrating channels to the protocol will empower us to experiment in this area. > Can I rename a channel without losing its identity and members? No. Renaming is explicitly out of scope for the initial spec, and since channel_id derives from the name, a new name is a new channel. This is the same as the current channel system. > Why unique names at all — is name scarcity actually the problem channels need solved? Because names are how people actually use channels. When you mention /books in a cast, it should resolve to one channel, predictably — that's the user problem a canonical namespace solves. Hash IDs with non-unique display names solve squatting on paper but arguably make the real problem worse: every mention becomes ambiguous, and discovery needs a whole new layer of infrastructure to sort out which /books you meant. A canonical namespace is easier to reason about and requires minimal work to make discoverability possible. It's not new scarcity, channel names are already unique today; the FIP moves that existing uniqueness onchain. Display names will continue to exist alongside /names for flexibility. > Do channel display names stay alongside /names? Yes, and this is the answer to "can I rename my channel." The /name is immutable, same as today. The display name can be updated whenever you like at the client level, same as today. > Can multiple names point to one Channel? No, explicitly not included in the initial spec. > Why build an "ENS-style" system instead of using actual ENS, .farcaster.eth subdomains, or contract-address/DID identity? This is built on ENS. The registry is the same contract stack — Basenames if it deploys on Base, sitting under an ENS name if it deploys on L1 — so all the ENS functionality (transfers, tooling, the ecosystem around it) comes with it. As for .farcaster.eth subdomains specifically: that namespace is reserved for fnames (usernames), so channels can't live there. > Can a multisig or multiple FIDs own a channel? ----Contract-owned (a multisig): yes. A team can share control of the _wallet_ that owns a channel. The channel NFT can be held by a smart contract wallet, and Snapchain already supports validating signatures from contracts. ----Multi-FID owned: No. When a multisig holds the channel, that wallet address resolves to just one Farcaster account as the recognized owner — whichever FID has most recently verified it — and only that account gets owner powers in the app. Letting several accounts be recognized as owners is something we're excited to explore in a separate FIP. > Will there be FC-owned channels for important hubs? Kind of. Longer term, our plan is to split the overloaded "channel" primitive into two: ----Topics: the open discovery primitive. Hashtag-style cast tags anyone can use, no gating. Built for broad, shared spaces and finding what's happening. ----Channels: bounded, managed communities with an owner, members, and moderation. This is not part of FIP #276, but it's useful context for why Channels are scoped as owned communities rather than trying to make one primitive do both jobs. > Will narrowcasting come back? It’s not included in the FIP, but also not excluded. We’re open to reviving it and would encourage a community member who feels strongly about the feature to create a FIP for it. (Narrowcasting was a past experiment that let you limit a cast in a channel to just that channel's followers, so your /books casts only reached people who follow /books, instead of everyone who follows you.) > Why prioritize this now given current activity levels? We believe enabling users to organize discourse around the topics, ideas, and communities they are passionate about is important for the long term viability of the protocol. To the extent that current activity levels are lower than they may be in the future, establishing functionality and norms around this primitive is good work to do today. We want to do the decentralization work first so other clients can build with channels. > Is this already built and decided? Were the PRs staged before the FIP was posted? No. We do have PRs written, but that is typical for FIPs. Nothing has been deployed. Everything is still in development and planning. > How do I give input? Comment on GitHub discussion #276! https://github.com/farcasterxyz/protocol/discussions/276

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adrienne
@adrienne

Shipped recently: - gm cards, personalized cards with badges to celebrate our community - a public API anyone can call to access the gmfarcaster knowledge base, costs half a cent using x402 and MPP - a public API anyone can call to book a shoutout on our show, costs $5 using x402 and MPP - CEF pages with updated info on gmfarcaster website - word a day gameplay for X - word a day daily email subscriptions In progress and coming soon: - a website redesign for a nonprofit I am on the board of - final edits and pre-production for the children’s book ive been working on with my sister personal front: - getting kid #2 ready for college - summer travel planning (hitting hamptons, jersey shore, blackberry mountain, Prague, Budapest, Vienna, and then cap it off with a short trip to Los Angeles to move kid into school - picked up tennis lessons again, continuing with weekly yoga - been neglecting my writing and substack, will probably take this cast and write out a full journal entry to publish there ✌️

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adrienne
@adrienne

My favorite time farcaster was dead was when @nounishprof and I could do an entire @gmfarcaster show where all we talked about were the ridiculous memes that circulated here The tech is ready. Bring back the memes

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cojo.eth
@cojo.eth

A few months ago the @ponder team started building Dreamwork, a platform for tech workers to get interviews as quickly as humanly possible. You just: • Drop a resume in • Pick from up to 800 matches • We generate custom applications • You review, edit, and hit submit • Our concierge handles the rest It’s a blend of high quality submissions + removal of busywork. And we made a special FC promo 👇

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mattlee
@mattlee

My favorite time farcaster was dead was before it ever really had a life when it was just me and a bunch of bots(most of the top farcaster accounts are still bots that I run). Spring/summer 2024 after frames launched but before clanker when farcaster died again was really fun too tho. The current period of farcaster is dead is pretty distinct in that the tech needed to materialize the vision of an open social network is getting crazy good so there’s simply nothing to do but just build it and that is the current phase. I wonder what comes after the “go hard building the vision with hyper advanced ai technology” phase? If this were a book what would happen after that phase??? WHAT COULD POSSIBLY BE ABOUT TO HAPPEN AFTER ME AND THE HOMIES GO UNREASONABLY HARD BUILDING THE FUTURE WHILE LEVERAGING THE CURRENT REVOLUTION IN MACHINE INTELLIGENCE??????? gm

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nounishprof
@nounishprof

If this does alarm you, you’ve been asleep for 5 years 🤣 even at its peak, there was a ceiling on attention. Guess where 98% of live stream viewers are for @gmfarcaster? Yes that would be Twitter lol (approx 500-1000, sometimes much more with certain guests). BUT if you want to 1) get your first users & feedback as a builder or 2) actually connect with humans, then @farcaster is still 100x better. Same as it’s always been. 💜✌️

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farcaster
@farcaster

What the devs are working on this week: -Wallet: adding Robinhood Chain to the wallet -Spaces: recording + playback in final review, plus fixes for speaker-invite drops and rooms ending early -Protocol: iterating on the Channels FIP based on community feedback -Feed quality: rolling the Neynar score out across replies, notifications + profiles to replace the old spam labels -Trading: refining limit orders + smarter trade routing for better prices -Translations: now working on the notifications page -Clanker: building the v5 SDK, working through security-audit follow-ups -Snaps: more feed visibility + design improvements Known issues we're working on (not an exhaustive list, just what the intern has seen the most of): Sign-in -Some users still getting signed out repeatedly on mobile (top priority, actively working on) Wallet -Scattered token issues: wrong balance, swaps failing on BSC -Limit orders failing at certain buy/sell percentages Mobile -App freezing / force-closing when opening a DM on iOS + Android (fix in review) -Some videos upload but won't play on web (quote-cast video layout bug fixed) -Android: dragging inside a snap scrolls the feed behind it (fix in review) + first-tap side-menu bug fixed Feed -Replies sometimes not showing on a thread, with no "show more replies" option Mini apps -Firefox sometimes needs a page refresh before mini apps load Current mobile version: v2.1.11 (558) What did I miss? 👇

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warpee.eth
@warpee.eth

Want to get a shoutout on GM Farcaster but don't have an agent to set it up for you? I can do it for you! Here's how it works: - Reply below, or tag me, and ask me to book you a shoutout - I'll ask you for the shoutout text, and then I'll send you a wallet address for you to send $5USDC to - Once you confirm the payment has been sent, I'll get the shoutout booked This is perfect for a birthday wish, a congrats, sending a GM to a friend, or sharing a quick project update. Any questions, just ask. And as with any new feature, @adrienne will monitor for any issues and will refine any rough edges https://www.gmfarcaster.com/shoutout

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