Farcaster just dropped a fucking bombshell: 10,000 Pro Memberships sold out in under 6 hours, raising $1.2M to supercharge its decentralised social revolution.
From Mini Apps like Spaces and Pods to weekly USDC rewards, this is the social future and the community is all in. Let’s unpack why Farcaster’s latest move is a game-changer.
TLDR:
Pro Membership Madness 🔥
Why It’s Huge 🚀
Global Reach 🌍
Who’s Building What
Roadblocks Ahead ⚠️
What’s Next 🔮
Our Take 💭
Pro Membership Madness 🔥
Farcaster’s Pro Membership launch was pure energy. Yesterday, 27th of May, 10,000 yearly subscriptions at $120 each sold out fast, pulling in around $1.2 million via USDC on Base with barely $10 spent in total gas fees.
That’s raw community power. The funds now fuel weekly USDC rewards for users and developers, cementing Farcaster’s role in Web3.
Early subscribers also received a limited-edition NFT, purely collectible and the entire dataset will be onchain soon.
With over 650,000 users, more than 115 million casts, and close to 20,000 hubs, Farcaster is no longer a startup. It is a decentralised hub.
Why It’s Huge 🚀
Farcaster is not trying to copy X or Instagram. It is rebuilding social media from the ground up.
Decentralised Freedom: Built on Optimism, it stores identities onchain and posts offchain for speed. No one can de-platform you or control your data.
Pro Power: The raise backs user and dev rewards instead of funneling value to a centralised platform.
Low-Cost Access: Entry costs just a few dollars and gas fees sit comfortably under a cent.
The rebrand from Warpcast to Farcaster screams one thing: this is a protocol for everyone, not a single app.
It’s a bold move to prioritize decentralization over branding. And way easier for normies to onboard, innit
Global Reach 🌍
Farcaster’s global play is strong.
Affordable Entry: Low gas fees mean users from Nigeria to the Netherlands can engage equally.
Diverse Hubs: From DeFi to shitposts, every niche has a channel.
@degenbot: Follow the $DEGEN tipping economy in real-time.
The $DEGEN token powers a unique tipping layer, now enhanced by weekly USDC rewards.
The builder economy on Farcaster is thriving, and it is just getting started.
Roadblocks Ahead ⚠️
Momentum is strong, but hurdles remain.
Activity Drop: Daily casts fell from 600K to 250K. Monthly actives halved.
Crowded Scene: Lens, Nostr, Bluesky, and X still fight for eyeballs.
User Experience: Wallets still scare people off.
Scaling Needs: Nearly 150 GB of data already.
Regulatory Concerns: Ties to the US may draw future scrutiny.
Still, a $150 million Series A means Farcaster is ready for these challenges.
What’s Next 🔮
This play is far from over.
Pro Perks: Up to 10K character casts, image packs, and giftable subscriptions.
AI Agents: Experiments in agent-led profiles and content.
Broader Reach: Solana and more bring composability.
App Momentum:Farcord,Recaster and other community-led alternative apps are gaining ground.
Farcaster is not another onchain fad. It is quietly building the foundation for the next internet.
And.. let's see what Dan is cooking 👀👇🏽
Percs Partners 🤝
Before we're heading to Our Take, we want to give a massive shout out to our partners at Percs, the masterminds behind free marketing tools for onchain creators and Farcaster Games!
Go check them out on Farcaster and X and get involved!
Our Take 💭
Farcaster’s $1.2 million raise is not just impressive, it is iconic. A protocol with users that get paid, devs that build and also rewarded, plus a community that believes.
It's raw. It is real. It is the decentralised social internet we have been waiting for.
🚨JUST IN: Trust Me Bro Labs 🚨🚨
Building something onchain?
Let’s talk. TMB Labs is now offering full-stack growth support for blockchain, AI and social apps projects.
Partnerships, strategy, content, socials, and more 👇🏽
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Farcaster’s $1.2M Pro Raise: The Playbook
Unlocking the Future #53
Over 400 subscribers
Richard.M.Lu
Commented 3 weeks ago
It offers a different viewpoint worth considering.
Trust Me Bro Show
Commented 3 weeks ago
What a week it was for @farcaster! And we were here covering it all.
Ten thousand Pro Memberships sold out in under six hours, raising about $1.2 million.
That's not just hype, that's a statement!
Plus, mini apps like Spaces built by @moe and @pods, USDC rewards, community power on full display.
We broke it all down in this week’s newsletter. Go read it and get caught up 🫡
https://paragraph.com/@trustmebroshow/farcasters-dollar12m-pro-raise-the-playbook
Farcaster is not trying to copy any other social media. It’s rebuilding it from the ground up.
Decentralised Freedom: Built on Optimism, it stores identities onchain and posts offchain for speed. No one can de-platform you or control your data.
Pro Power: The raise backs user and dev rewards instead of funneling value to a centralised platform.
Low-Cost Access: Entry costs just a few dollars and gas fees sit comfortably under a cent.
The rebrand from Warpcast to Farcaster: It’s a bold move, way easier for normies to onboard, innit?
Read the whole story here 👇🏽
https://paragraph.com/@trustmebroshow/farcasters-dollar12m-pro-raise-the-playbook
Trust Me Bro Show
Commented 3 weeks ago
🚨 Special Episode is Out 🚨
Farcaster is not just tweaking social media, it's trying to rewrite the whole playbook.
10,000 Pro memberships sold out in under 6 hours. $1.2M raised by the community, onchain, on Base. That’s raw community power.
In today's episode we unpack what this means for decentralised socials, why it's a game changer, and how Mini Apps are showing what's possible when the tools belong to the people.
Live now on @pods and YouTube 📺
This one is for the books, so go mint it to celebrate this huge step for all of us!
https://pods.media/trust-me-bro/farcasters-12m-pro-raise-the-playbook
It offers a different viewpoint worth considering.
What a week it was for @farcaster! And we were here covering it all. Ten thousand Pro Memberships sold out in under six hours, raising about $1.2 million. That's not just hype, that's a statement! Plus, mini apps like Spaces built by @moe and @pods, USDC rewards, community power on full display. We broke it all down in this week’s newsletter. Go read it and get caught up 🫡 https://paragraph.com/@trustmebroshow/farcasters-dollar12m-pro-raise-the-playbook
Prefer listening? Check out the episode on @pods https://pods.media/trust-me-bro/farcasters-12m-pro-raise-the-playbook
Farcaster is not trying to copy any other social media. It’s rebuilding it from the ground up. Decentralised Freedom: Built on Optimism, it stores identities onchain and posts offchain for speed. No one can de-platform you or control your data. Pro Power: The raise backs user and dev rewards instead of funneling value to a centralised platform. Low-Cost Access: Entry costs just a few dollars and gas fees sit comfortably under a cent. The rebrand from Warpcast to Farcaster: It’s a bold move, way easier for normies to onboard, innit? Read the whole story here 👇🏽 https://paragraph.com/@trustmebroshow/farcasters-dollar12m-pro-raise-the-playbook
🚨 Special Episode is Out 🚨 Farcaster is not just tweaking social media, it's trying to rewrite the whole playbook. 10,000 Pro memberships sold out in under 6 hours. $1.2M raised by the community, onchain, on Base. That’s raw community power. In today's episode we unpack what this means for decentralised socials, why it's a game changer, and how Mini Apps are showing what's possible when the tools belong to the people. Live now on @pods and YouTube 📺 This one is for the books, so go mint it to celebrate this huge step for all of us! https://pods.media/trust-me-bro/farcasters-12m-pro-raise-the-playbook
Watch on YT: https://youtu.be/qcuAgxvqrQs?si=YbOIcAsO7Zs5R0EN
Prefer reading? Dive into all the links and resources here: https://paragraph.com/@trustmebroshow/farcasters-dollar12m-pro-raise-the-playbook