One step at a time: Warp gameplay
What is Farcaster?
A social protocol built on Ethereum based on OP Stack, users can register with an Ethereum wallet. Similar to Twitter, compared with traditional Web2 platforms, Farcaster emphasizes user control over data and allows social data to be transferred between different applications within its ecosystem.
As early as 2021, Farcaster had completed a $30 million angel round of financing led by A16Z, and crypto core figures such as Vitalik often expressed their opinions in it.
In a word: Farcaster is a protocol, and Warpcast is a client.
Viewpoints:
1. Warpcast is the flagship project of the Farcaster ecosystem. Its interface and usage methods highly restore the traditional social platform, giving users an extremely smooth experience, which also makes it known as the "Twitter of the Web3 world".
2. DEGEN was originally an airdrop reward for participants in the Farcaster DEGEN channel, and now it has become a leading token on the Base chain, which can be used for Farcaster ecosystem application post rewards, etc. The total supply of DEGEN tokens at the creation stage is 37 billion, and it is planned to airdrop 70% of the total supply in the end. DEGEN is now the most active channel of Farcaster, and DEGEN tokens have been connected to Drakula, a social video application of the Base ecosystem, and support the use of DEGEN tokens for rewards.
3. The second phase of airdrops of $DEGEN adopts the model of "accumulating reward quotas to reward others", so it has become an important part of the creator economy. If you see a good post, you can comment below to reward, and the accumulated reward amount is the amount of the second phase of airdrops. The amount you can reward is related to your active points, which is related to the number of likes, comments, and reposts you receive. Therefore, the more interactions you receive, the more rewards you can give to others; the more popular your posts are, the more rewards you receive. At least this is what the team envisioned at first, and they want to use this to motivate more high-quality active users and high-quality content.
4. Farcater + Combinable Lego Application + $DEGEN Economics = onchain social summer.
Data
1. dune.com/bob_tech/mostpopularc...…：Farcaster The most popular casts in 3 days, hidden wealth codes.
2. far.quest/trends：Farcaster Trends
3. fc.hot100.xyz: Farcaster Hot 100
