Key Milestones in Farcaster History:

• July 17, 2021: Dan and Varun register on Farcaster.

• July 2022: Merkle Manufactory (Farcaster) raises $30M in funding.

• October 2023: Open registrations launched, removing invite and permission requirements.

• January 2024: Frames v1 introduced, based on Facebook's Open Graph Protocol, resulting in significant user base growth.

The first frame was created for Paragraph; the second was for cookie delivery.

Community and Events Highlights:

• The hosts of the GM Farcaster show, Professor Kelly Werder and Adrienne Shulman, met at the first Farcon in Boston, June 2023, organized by Cameron and Grin with 70 attendees.

• The first GM Farcaster episode aired on September 13, 2023.

• The second conference in May 2024, organized in Venice Beach, LA by Ted and her friends, drew 400 attendees. The 100th GM Farcaster episode, featuring Dan and Varun, was celebrated there. Dan shared his love for tomatoes but noted he avoids fruits.

Post-conference Developments:

• A hackathon followed, co-organized by Ted, McBain, Matthew (events.xyz), Base, and /seedclub.

• The community initiated Farcaster Fridays—IRL meetups in various cities.

• Ted helped organize Farcon Asia during Token 2049 in Singapore and the Devcon Farcaster Impact Space in Bangkok.

Purple DAO:

• Established two years ago as the first DAO on Farcaster, it supports the ecosystem and was the inaugural GM Farcaster sponsor.

Coinbase Mafia:
An informal name for over ten former Coinbase employees, including Dan Romero, who actively contribute to Farcaster-related projects.

Dan's Farcaster Advice:
Starting on Farcaster is like arriving at a party where you know no one. Instead of pitching, listen, engage, and provide value. Ninety percent of success lies in replying and contributing meaningfully before transitioning to commercial content. Farcaster often feels like a group chat for this reason.

By the Numbers:

• As of September 2024, assets linked to Farcaster wallets total $18B (Snickerdoodle State of Farcaster report).

• Only 1% of users make over 250 casts daily.

• Peak activity: 8–12 AM EST.

• Demographics: Over 70% male; 85% under 45; 60% have kids and pets.

Memes and Culture:

1. Wowow: Low-effort reply, as coined by Dan.

2. $DEGEN: The main meme coin created by Jacek, used for tipping. Nounishprof once spent 90k DEGEN on Girl Scout cookies.

3. GM Emoji: A symbol of authenticity and positivity.

4. Ham: Token and tipping emoji by Deployer.

Another cultural cornerstone is "Higher," widely adopted by the community.

Farcaster Features:

• Ponder: Voting service (composer actions), with prediction markets in Frames 2.0.

• Video Casting: Limited to feeds under 10k followers; max duration of 5 minutes.

• Channels: Blending hashtags with forum-like spaces, also called "cozy corners."

Technical and Ecosystem Details:

• Built on Optimism as Snapchain, which could be decentralized with a user base surge.

• No official token plans from the team as of now.

Dan Romero’s Signature Sayings:

• "Build your client if you're unhappy with the current one."

• "Create interesting content; yours isn't interesting enough."

May 2024 Funding:
Farcaster raised $150M in investments.

Another facts:

• /ouli: A channel where users avoid the letter "e."

• Neynar: Key data provider for pro users, managing some Farcaster hubs.

Key Milestones in Farcaster History:

• July 17, 2021: Dan and Varun register on Farcaster.

• July 2022: Merkle Manufactory (Farcaster) raises $30M in funding.

• October 2023: Open registrations launched, removing invite and permission requirements.

• January 2024: Frames v1 introduced, based on Facebook's Open Graph Protocol, resulting in significant user base growth.

The first frame was created for Paragraph; the second was for cookie delivery.

Community and Events Highlights:

• The hosts of the GM Farcaster show, Professor Kelly Werder and Adrienne Shulman, met at the first Farcon in Boston, June 2023, organized by Cameron and Grin with 70 attendees.

• The first GM Farcaster episode aired on September 13, 2023.

• The second conference in May 2024, organized in Venice Beach, LA by Ted and her friends, drew 400 attendees. The 100th GM Farcaster episode, featuring Dan and Varun, was celebrated there. Dan shared his love for tomatoes but noted he avoids fruits.

Post-conference Developments:

• A hackathon followed, co-organized by Ted, McBain, Matthew (events.xyz), Base, and /seedclub.

• The community initiated Farcaster Fridays—IRL meetups in various cities.

• Ted helped organize Farcon Asia during Token 2049 in Singapore and the Devcon Farcaster Impact Space in Bangkok.

Purple DAO:

• Established two years ago as the first DAO on Farcaster, it supports the ecosystem and was the inaugural GM Farcaster sponsor.

Coinbase Mafia:
An informal name for over ten former Coinbase employees, including Dan Romero, who actively contribute to Farcaster-related projects.

Dan's Farcaster Advice:
Starting on Farcaster is like arriving at a party where you know no one. Instead of pitching, listen, engage, and provide value. Ninety percent of success lies in replying and contributing meaningfully before transitioning to commercial content. Farcaster often feels like a group chat for this reason.

By the Numbers:

• As of September 2024, assets linked to Farcaster wallets total $18B (Snickerdoodle State of Farcaster report).

• Only 1% of users make over 250 casts daily.

• Peak activity: 8–12 AM EST.

• Demographics: Over 70% male; 85% under 45; 60% have kids and pets.

Memes and Culture:

1. Wowow: Low-effort reply, as coined by Dan.

2. $DEGEN: The main meme coin created by Jacek, used for tipping. Nounishprof once spent 90k DEGEN on Girl Scout cookies.

3. GM Emoji: A symbol of authenticity and positivity.

4. Ham: Token and tipping emoji by Deployer.

Another cultural cornerstone is "Higher," widely adopted by the community.

Farcaster Features:

• Ponder: Voting service (composer actions), with prediction markets in Frames 2.0.

• Video Casting: Limited to feeds under 10k followers; max duration of 5 minutes.

• Channels: Blending hashtags with forum-like spaces, also called "cozy corners."

Technical and Ecosystem Details:

• Built on Optimism as Snapchain, which could be decentralized with a user base surge.

• No official token plans from the team as of now.

Dan Romero’s Signature Sayings:

• "Build your client if you're unhappy with the current one."

• "Create interesting content; yours isn't interesting enough."

May 2024 Funding:
Farcaster raised $150M in investments.

Another facts:

• /ouli: A channel where users avoid the letter "e."

• Neynar: Key data provider for pro users, managing some Farcaster hubs.