Farcaster

fc-updates

New: Collectibles! 

Support your favorite creators by collecting their casts onchain. Each cast can be turned into a unique, 1-of-1 collectible. Just tap the new "collect" icon on a cast to get started. 

Casts can be collected starting at $1. If there are multiple collectors, it goes to the highest bidder. Creators get 90% collectible earnings, and the remaining 10% goes to the protocol rewards. 

We’re excited about collectibles for a few reasons: 
1. Creators earn directly from their audience
2. New creators can earn on their first day
3. Users get to collect a unique piece of Farcaster history

Collectibles will go live tomorrow morning around 9am PT. We're announcing this early so people can be ready to collect their favorite casts when the feature is live! 

Learn more here: https://farcasterhq.notion.site/Collectibles-2306a6c0c10180d7a917c24892662a3c?pvs=74

I really, REALLY like this. Feels like a far more enjoyable and sustainable experience than the current TBA model

Also people collecting bad takes that later get deleted by the author will be hilarious

Gg @v

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

I liked it until i realized all casts get deleted from storage. Not really collecting posts, but collecting screenshots of posts essentially lol

Founder of @rune-online & /rune || /gameplay & /futurama

Between FC Collectibles and TBA coined posts there is a lot of new surface area for experimenting with generative NFTs x onchain social.

Examples:
- Own a post -> burn for art from the OP if they're an artist
- 10k PFP allowlist based on coined post ownership
- Generative art based on coined post mkt cap or distribution
- Mini app in a cast and top bidder for cast is the only who can mint what is inside
- Listen for cast collect and on mint delete the cast from snapchain. Only the collectible remains.

Composable code as performance art makes me feel all tingly inside 🤓

He who is brave is free. self-notes /tanishq. Meta commentary about crypto, tokenomics, incentives and design.

+1

a lot of surface area to play with.

https://farcaster.xyz/sayangel/0x114e1e04

I like to think it’s a valuable feature for exactly this reason!