Hypersub by Fabric stands as a pioneering Subscription Token Protocol (STP) within the Farcaster ecosystem, serving as a critical tool for creators to engage with their audience. Launched in November, Hypersub has leverage Farcaster and Farcaster from it, especially after Warpcast introduced token-gated chats. This allowed creators to offer exclusive content and interactions, significantly enhancing the subscriber experience.
Since its inception, Hypersub has been instrumental in deploying over 600 subscription contracts, moving more than 168 ETH (~$600,000) in funds as mentioned in their docs. This protocol is leveraged by hundreds of creators and businesses for various purposes, ranging from sustainable art practices to onchain SaaS startups. With Hypersub, creators can offer multiple subscription levels at different price points, providing tailored offerings and flexible pricing options. Key features include customizable pricing, inactive status, subscription duration, max mintable time, and initial mint price.
Hypersub caters to a diverse range of subscription categories such as art, memberships, writing, podcasts, freelance, and apps. Here are some notable examples:
- Writing: Prominent writers like Kaloh offer their Premium subscribers exclusive perks for just 0.0045 ETH per month. Benefits include access to token-gated articles (2 per month), article and podcast airdrops, access to a private Discord, monthly giveaways, allowlists, or airdrops, and 8% revenue sharing.
- Art: SpaceMonkeys by @dalek offers unique editions and other perks to their subscribers for 0.005 ETH monthly, showcasing the vibrant art scene within Farcaster.
- Memberships: ProxyStudio, under the handle proxystudio.eth, is bootstrapping a venture studio on Farcaster and Base. Their membership, which is currently sold out, offers 200 exclusive spots at 0.005 ETH per month, bringing together builders, investors, traders, and super users.
- Music: Coop Records Club by @coopahtroopa.eth is an onchain label with over 300 releases from 70+ artists. Subscribers receive Coop Records drops directly to their wallets and gain access to exclusive events, with the label hosting 15+ events and a new Midnight Diner series in LA.
In an exciting new development, nonlinear.eth has announced a significant update for Hypersub: cross-chain payments. Now, users can subscribe with any token on any chain without needing to swap or bridge. This enhancement allows payments to settle in whatever currency the creator has denominated their subscription in, providing unprecedented flexibility and convenience for subscribers.
Stay tuned to see how this innovative feature further propels Hypersub's popularity and utility across the Farcaster network.
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