Farcaster ecosystem is rapidly developing: unified branding, premium subscription, airdrop events, multi-chain integration

The Farcaster ecosystem is rapidly evolving, with a recent launch of a series of new features and updates. Let's take a look at some of the key highlights.

Farcaster Brand Unification: Farcaster is a decentralized social network protocol that allows for the creation of various social applications. Although multiple clients have emerged, the most popular remains the flagship application developed by the Farcaster team. To address user confusion regarding the naming of Farcaster and its main application, the team has decided to unify the mobile and web applications under the name Farcaster.

In addition, the team is considering open-sourcing the application's codebase, which could stimulate a new wave of experimental Farcaster client projects based on this infrastructure.

Premium Subscription Plan: Farcaster co-founder recently confirmed that the team is preparing to launch a "Pro" subscription tier for advanced users. The premium membership, expected to be $10 per month, will offer a larger roster of roles and more image uploads per post, among other premium features.

It is worth noting that all the revenue from this on-chain subscription system will be used for Farcaster's creator reward program, which currently distributes $25,000 USDC weekly to the top posters on the platform. The co-founder stated that this is to ensure the protocol can find a long-term source of income to continuously fund rewards for streamers and developers.

First batch of airdrop activities: Farcaster has recently launched a native wallet for its application to facilitate easier transactions with its thriving mini-program ecosystem. This wallet is gradually becoming the center for receiving convenient airdrops.

Considering that Farcaster has some of the most active on-chain users, many crypto projects are eager to capture their attention. As a result, Farcaster has been collaborating with third-party teams to directly distribute various token airdrops to Farcaster wallet users. So far, $110,000 has been airdropped in this manner, with more distributions ongoing.

This win-win strategy allows these teams to attract new high-quality users while enhancing the appeal of Farcaster. The first batch of airdrops averaged about $10 each, providing users with a convenient way to top up their Farcaster wallets.

Ecosystem Expansion: While a certain chain has always been the most popular public chain in the Farcaster project, we are starting to see more diversity in the ecosystem. For example, several other public chains have recently been integrated into Mini Apps and the Farcaster wallet, and there will be larger-scale integrations in the future.

Farcaster is currently developing a new test version of a certain public chain wallet, which will soon be fully launched. This could become an important catalyst in the Mini Apps field of the public chain. If the team continues to launch support for the new ecosystem, they are expected to establish Farcaster as one of the top social activity centers on major mainstream blockchains.

A well-known wallet integration: As one of the most popular applications and on-chain gateways in the cryptocurrency space, a well-known wallet is undergoing a comprehensive overhaul for its upcoming version 2.0. One of the main new highlights of this revision is the native Farcaster integration.

This means that users will soon be able to post and trade directly within the wallet using Farcaster. The wallet will include social dynamics for scrolling and commenting, as well as the search and discovery process for the Farcaster Mini app.

This brand new wallet experience is not yet open to everyone, but users can apply to join the Beta testing waiting list. Given the extensive coverage of this wallet, this integration is expected to significantly increase the number of active users on Farcaster in the coming months.