Degen

btc down today, but hopefully more good news coming

Looks like money is pouring into memecoin

The Farcaster Pro NFT is live and has been airdropped to the first 10,000 subscribers in their Farcaster wallet. NFTs appear in the Collectibles tab.

Art by the talented @miguelgarest.eth

will virtual drop, it has been pumping for over a month

Where is Farcaster still centralized?

June 2025 edition

Important to call out: our top priority remains user growth. Prematurely solving any of these potential issues below doesn’t help user growth in the near-term. So not a top a priority. May change in the future. 

1. Most users use the Farcaster app. A nerf on Farcaster app is de facto censorship from the protocol today. This will change as Coinbase Wallet, Zapper, Uno and other clients come to market.

2. Snapchain write nodes are run by the Farcaster team and Neynar. In theory we can collude to censor additional writes to the protocol. Low likelihood, but possible. Way to solve this is increase number of write nodes. But again, not an issue today.

3. Farcaster “channels” — metadata and creation are centralized. Content has always been decentralized via FIP-2. Creation is not available via API but metadata is. Making some progress on a plan to move channels into FIP-2 without having reliance on the Farcaster app. 

1/2

How much money do you want to make in the market this cycle?

Compared to 2024, the current market is much harder to make money

meme coin is too risky, I have failed so much, when will I succeed

🌐 Web3 & Defi 💎Crypto💎 
📊Crypto 🖼NFT 🌐WEB3 📚Read 🚀Mod,Amb



Caoha

@caoha