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The last 24 hours on the Farcaster social network were bustling with innovation, community interactions, and significant launches. Let's run through the key highlights:
1. Launching the /humankind Hypersub
Farcaster user Samantha introduced a new refillable candle subscription program with Humankind, offering discounts and handmade ceramic candle holders.
Launching: The /humankind Hypersub. Subscribe for a 10% discount on one Humankind candle per quarter. New to Humankind is the refillable candle program, where you receive a candle refill every quarter along with a handmade ceramic candle holder. https://hypersub.withfabric.xyz/s/sam-s-candle-club-7u9ezlhzug3k
2. Yoink: Driving Farcaster's Daily Active Users
John Palmer praised Yoink for its significant role in maintaining Farcaster's user activity.
If yoink didn’t exist, Farcaster would be so screwed. Yoink is likely driving 99.9% of DAUs.
3. New Journalist Joins Farcaster
Maurelian urged users to maintain decorum and avoid "degen tipping" a newly joined journalist, illustrating efforts to present a serious community front.
Can we please not degen tip the respectable journalist that just joined? Would prefer that we pretend to be a serious community for at least a week.
4. Wallet Signatures in Warpcast
Tony D’Addeo announced the commencement of implementing Wallet Signatures in Warpcast.
I started working on implementing the Wallet Signatures spec in Warpcast no timeline just yet but put it on your radar https://www.notion.so/warpcast/Frames-Wallet-Signatures-debe97a82e2643d094d4088f1badd791
5. Engagement Challenge
Ishika cast a challenge to reach 100 likes, demonstrating the platform's interactive engagement.
@yb if this cast gets a 100 likes then I’ll consider Cc @matthew https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/b85b6f8d-7216-4b3a-fb0e-41f730dadc00/original
6. Recalculated Rankings
Sahil updated on the recomputed rankings for missing days, highlighting continued platform optimizations.
update: we've recomputed all rankings for the missing days. Dune should pick these up in the next few hours cc @jacek https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/37909d60-12d0-43af-d44e-210156812600/original https://warpcast.com/jacek/0xe0d62423
7. Twitter vs. Farcaster
Welter.eth shared insights on the difficulty of getting noticed with zero followers on social media platforms.
all the people who complain that it's hard to get noticed with 0 followers on farcaster, forget that it's even harder on twitter https://warpcast.com/dwr.eth/0xf1bd3734
8. Coop Records Club Update
Coop Records highlighted their achievements with new releases and earnings on their subscription platform.
Loving this new update from @hypersub! We’ve already dropped over 90 songs and all of our podcast episodes to subscribers! Plus ETH from our onchain earnings. Don’t sleep on Coop Records Club! https://warpcast.com/nonlinear.eth/0x820b12ed https://hypersub.withfabric.xyz/s/coop-records-club-izh68wci0c8w/1
9. Subscription Token Protocol V2
Nonlinear.eth announced the latest version of the protocol powering Hypersub, emphasizing innovation in subscription management.
excited to announce STPv2, the newest version of the protocol that powers @hypersub https://blog.withfabric.xyz/stpv2 https://docs.withfabric.xyz/stp/overview
10. Onchain Subscription
Ernestkou.eth celebrated minting an onchain subscription on hypersub.xyz.
I just minted an onchain subscription on hypersub.xyz! https://hypersub.withfabric.xyz/s/ad-network-1l6ixb17hucjk?referrer=0x88353de9e92c323676ebfcc42da643f01768f8af
11. Introduction of Base Globe
An undefined user introduced the Base Globe project, aggregating casts from different global Base communities.
@base is for everyone 🔵 this week @to and i cooked up a base globe which aggregates casts from different base communities around the world 🌐 baseworld.org the casts are collected from /base-[country] channels never stop building on @base made with 💙 @jessepollak http://baseworld.org
12. Long-term Commitment to Farcaster
Pugson reassured the community of their long-term presence on the platform.
reminder for all the complainers: i’ll be here next year. and the year after that. and the year after that. probably afterwards too. just hanging out making friends
13. Farcaster Drafting Improvement
Dan Romero shared an update on small improvements in saving drafts on Warpcast web, enhancing user experience.
Small improvement for Warpcast drafts on web Clicking outside the modal or on your avatar won't delete your draft. cc @nicholas @mikedemarais.eth @ispeaknerd.eth
14. Growth and Engagement Tips
Dawufi offered to review accounts and share improvement tips to help users enhance their presence on Farcaster.
too much complaining about how it's hard to get engagement on FC. i don't buy it I'll spend 5 minute reviewing every account that wants a vibe check then give a couple recommendations on how to improve your fc presence 24 hours to get on the list brand accounts ok no public roasting - only private feedback (if i determine you're genuine) s/o @uncledavo and @rafi for being mega shippors and helping me get this out quickly via frame.town https://frame.town/fsnmw88w http://frame.town
15. Discussion on Engagement Inequality
Polynya discussed the engagement inequality on Farcaster and suggested changes for future improvements.
I quit a large audience on Twitter and joined Farcaster a year ago as a direct replacement. I didn't know Varun or Dan, and indeed, anyone else active on Farcaster at the time. While "the list" made sense early on, it should be opt-in recommendations now - the engagement inequality is very real. This is made worse by the hyperfinancialization, where a handful of those people are incentivized to be very active, while a vast majority of the rest are bots. (IMO, as a casual observer nowadays) Farcaster right now should be aggressively focused on social values over financial values (and yes, this is a very direct contradiction and trade-off) - in design, engineering, and most importantly marketing. Unless the terminal addressable market target is degens, which is fair enough. https://warpcast.com/dwr.eth/0xf1bd3734
16. Warpcast Onboarding Procedures
Dan Romero explained the algorithm behind pairing new users with interests and follows to drive engagement and retention.
Virtually all of the people on Farcaster with large audiences: 1. Don't have large audiences elsewhere (Farcaster is their first time with a large audience) 2. Didn't know me or Varun and didn't know each other. The "Farcaster OG scene" is net new creation of Farcaster. 3. Were early and stuck around when everyone made fun of Farcaster (and people still do) 4. Continued to cast interesting stuff, casted in channels when we suggested people cast in channels 5. Warpcast onboarding asks all users for their interests 6. Based on the interests, we pair the account with an initial set of follows 7. There are 200+ accounts on the list, weighted toward accounts that get the most engagement / drive retention, but a large group of people benefit 8. On our list to improve, but the reality is outside of "I should be on the list!" haven't seen any concrete proposals to improve https://warpcast.com/vinaydebrou.eth/0x5458eaa7
17. Ethereum Film Documentary Announcement
Ethereum Film announced their upcoming feature documentary, "Vitalik: An Ethereum Story," generated significant excitement.
Our @ethereumfilm documentary has been in the works for over 3 years and it’s almost ready to share with the world! We’re releasing a feature documentary "Vitalik: An Ethereum Story" and the "Ethereum Stories" short film series. Huge thanks to our Mirror crowdfund supporters for making this possible We’ll be launching a full crypto-native distribution with onchain tickets and 250+ worldwide IRL premieres before a mainstream debut on traditional streaming platforms. It’s our chance to disrupt the film industry using crypto and help get these stories to new audiences Full details in our letter to the Ethereum community https://paragraph.xyz/@ethereumfilm/not-just-a-film
18. Channel Bug Reporting
Nicholas reported a bug on Warpcast that impacts the compose modal when selecting a channel.
Who else has the bug where warpcast.com sometimes closes the compose modal and deletes your draft WHEN YOU CLICK THE CHANNEL SELECTOR? @dwr.eth & @gt are trying to figure out the cause but can't reproduce it. I'm on Brave, Mac, w/ Ublock Origin fwiw.
19. Surge in Trading Volume
Scoop users hit a milestone with $2M in trading volume, a testament to the platform's growing user base and activity.
new milestone unlock: we've now seen $2m in trading volume on scoop https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/10a98bba-acde-4c43-b3b7-b7ed49c24800/original
20. Base ETH and USDC On/Off Ramps
Farcaster user Kyle inquired about exchanges supporting on/off ramping for Base ETH and Base USDC for businesses.
What exchange offers Base ETH and Base USDC on and off ramping for businesses?
As we look forward to the advancements within the Farcaster community, these highlights showcase a vibrant mix of collaboration, innovation, and engagement that keeps the community thriving.
Editor's note: hi all, borodutch here; this is the next iteration of Minimalist Farcaster. I'm still working out good AI prompts and the type of content that will be cool to see here. Cast your suggestions and feedback directly to /minimalist. Let's make this daily summary better together!
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huh, no high-fid users in trending? what a weird thing to see https://paragraph.xyz/@minimalist/03-07-2024
Ok that was pretty useful thanks for making that
literally the way i consume farcaster nowadays....