Farmers must be tripping right now. They joined Farcaster expecting a token airdrop, but instead found out they’re the ones who have to pay for pro features.

FC went from a decentralized protocol to a paywalled, VC-funded app with reward systems run by black-box algorithms.

Choo choo mfers 🚂🚂

🐟 Snappa | picosub.artlu.xyz | SassyHash.artlu.xyz

Find me with my same PFP on GH

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8ed24de101f148b454a2d993223be07f4cd1b89d4cd4dd6be6621c5c51e05bdf

(mute the phrase '!sassy1' to stop seeing SassyHash 💅 in your feed)

Yes I know. You literally called it a "protocol subscription" - but the earnings from the sub are being distributed by algorithms which Merkle is in control of, so it's a bit misleading imo

The subscription is part of the protocol.

We’re planning to launch a new, optional “Pro” protocol subscription

1. At launch, subscribers will have a Pro badge on their profile

2. Subscription will be onchain and part of the protocol. 100% of the proceeds go to casters / developers in weekly rewards. This in addition to the existing $25K+ a week in rewards. 

3. Planning to add longer casts (10K characters) and up to 4 images per cast for pro subscribers (needs a protocol change). Additional features over time.

4. $120 a year / $10 a month 
Why are we doing this?

- The protocol needs to find long-term revenue source that can continue fund caster and developer rewards beyond any one company.  
- We originally thought storage fees could be that, but we’ve realized that storage fees should be essentialy free to help growth. 
- So we’re trying an opt-in pro subscription as another model

Why now?

- Figuring out a long-term revenue model that works will allow us to double down on investing in growth

Sorry if I casued any confusion. You should be good, nothing will change for you. A few things to clear up: 

1. Warpcast is rebranding to Farcaster (same as the protocol)

2. Farcaster is launching a Pro subscription (details in the quoted cast). It's optional, no need to pay if you don't want to.

3. If you keep doing what you’ve been doing, you’ll still get your $3/week

4. Money from the Pro sub goes back to creators/devs through the same reward system. The algo behind it is private and run by Merkle (the VC-backed company behind the protocol and app)

Sorry if I casued any confusion. You should be good, nothing will change for you. A few things to clear up: 

1. Warpcast is rebranding to Farcaster (same as the protocol)

2. Farcaster is launching a Pro subscription (details in the quoted cast). It's optional, no need to pay if you don't want to.

3. If you keep doing what you’ve been doing, you’ll still get your $3/week

4. Money from the Pro sub goes back to creators/devs through the same reward system. The algo behind it is private and run by Merkle (the VC-backed company behind the protocol and app)

https://warpcast.com/dwr.eth/0x172f5081

Say what now? I'm so confused. Warpcast sends me $3 a week and I pay for nothing. What am I missing?? GHOSTLINKZ.ETH HELP YOU'RE MY ONLY HOPE.